Implement Fees on Pyth Core Across Networks #2

[Andrew]

When you are burning much much more of your tokens periodically? Much less much scarcity is much more valuable like btc. Pyth like most coins too much supplies and adoptions not enough. Utilities is inportant but sacrcity more important

[Derrp]

Andrew, your post is not relevant to this thread.

Please contribute your ideas and thoughts here to continue this conversation in a constructive way:

Burn Pyth Token Using a Percentage of Fees

This is a proposal from @gnarleyquinn and i am posting in his behalf Hi guys, I’d like to make a proposal regarding token burns and earnings. Essentially, the idea is this: Take a small percentage of the fees earned each month to buy the PYTH token on the open market, then burn the allocation. I’m open to suggestions about modifying the amounts etc, but here is an idea to get things started. Part 1: 4% of existing earnings from the past six months to be used to buy the token on open m…