# Burn Pyth Token Using a Percentage of Fees

**URL:** <https://forum.pyth.network/t/burn-pyth-token-using-a-percentage-of-fees/1672>\
**Category:** Ideas Bank\
**Tags:** constitutional-pip\
**Created:** [July 20, 2024, 11:59am UTC](https://forum.pyth.network/t/burn-pyth-token-using-a-percentage-of-fees/1672 "2024-07-20T11:59:26Z")\
**Posts on this page:** 1\
**Showing post:** 4

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**Author:** ![bats4](https://sea1.discourse-cdn.com/flex001/user_avatar/forum.pyth.network/bats4/32/7_2.png) [@bats4](https://forum.pyth.network/u/bats4)\
**Post date:** [July 21, 2024, 2:02am UTC](https://forum.pyth.network/t/burn-pyth-token-using-a-percentage-of-fees/1672/4 "2024-07-21T02:02:24Z")

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no problem!

Regarding the proposal,  
Take note that there aren’t much fees generated by the Price Feeds Update _(for now)_,  
which is the main product of Pyth for a time now,  
before having Entropy and Express Relay.

In EVM for example, from the Dashboard below  
As of July 12, 2024, accumulated Pyth Price Feeds Update Fee is **$1,012**

 ![image](https://us1.discourse-cdn.com/flex001/uploads/pyth_dao/original/1X/8137daa778dfa5c50d5ab597bbd19fbd3f03da6a.png)

> [https://dune.com/synthquest/pyth](https://dune.com/synthquest/pyth)

but i am excited on this kind of proposals using the Fees when all of the blockchains update fees have been updated like opBNB.

> [@\[PASSED\] OP-PIP-15: Implement Pyth Update Fee on opBNB](https://forum.pyth.network/t/passed-op-pip-15-implement-pyth-update-fee-on-opbnb/1548):
>
> Abstract Following the interest expressed by KiloEx and the positive response from the community to have the Pyth oracle deployed on opBNB, this proposal is to implement a fee per price feed update of 0.000186 BNB (or about $0.09 at 27/05/24 price) in the Pyth smart contract. Find the community discussion here: [Deploy Pyth’s pull oracle to opBNB - #21 by Sloth1890](https://forum.pyth.network/t/deploy-pyth-s-pull-oracle-to-opbnb/191/21)Rationale This deployment to opBNB enables all DeFi protocols, current and future, to use Pyth Data. This integration is also the f…

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