The Pyth token (symbol: PYTH) is the native token of the Pyth Network, a decentralized oracle network that provides high-fidelity, real-time financial data for blockchain applications.PYTH tokens serve several key roles within the network:Incentivizing data providers ("publishers") to deliver accurate and timely price data.
Governance participation,allowing token holders to vote on network parameters,upgrades and other protocol decisions.Supporting ecosystem growth by funding contributors,developers,educators, and researchers who advance the Pyth Network.
Aligning incentives to ensure data integrity and network reliability.The total maximum supply of PYTH is 10 billion tokens, with about 15% initially circulating and the rest subject to vesting unlocks over time.
The token distribution includes allocations for publisher rewards (22%),ecosystem growth (52%), protocol development (10%) and community and launch activities. Unlock schedules span months after the initial launch to ensure sustained incentives.
