Pyth crypto jumps 16% as DAO commits product income to PYTH buys

Pyth Network [$PYTH] has gained roughly 16% across two days after its DAO approved a new rule connecting product income with token purchases.

The policy creates a recurring source of demand for $PYTH. But the amount purchased will depend on the money Pyth’s products generate.

Every dollar received will now buy $PYTH

Under the newly approved “100% Rule,” all funds received by the Pyth DAO from its products will go toward accumulating $PYTH.