Oracle Network Pyth Announces $PYTH Tokenomics

Oracle Network Pyth Announces $PYTH Tokenomics

Oracle network Pyth announced the tokenomics of its governance token $PYTH. The max supply of $PYTH is 10 billion and the initial circulating supply is 1.5 billion. The other 85% of the $PYTH tokens are initially locked and will unlock 6, 18, 30, and 42 months after the initial token launch.

The token distribution is as follows:

  • Data providers: 22%
  • Ecosystem growth: 52%
  • Protocol development: 10%
  • Community and token launch: 6%
  • Private sales: 10%

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Source

Oracle

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