# \[PASSED\] OP-PIP-127: OIS Reward Pool Withdrawal Execution

**URL:** <https://forum.pyth.network/t/passed-op-pip-127-ois-reward-pool-withdrawal-execution/2645>\
**Category:** Proposals\
**Tags:** operational-pip\
**Created:** [July 23, 2026, 1:31pm UTC](https://forum.pyth.network/t/passed-op-pip-127-ois-reward-pool-withdrawal-execution/2645 "2026-07-23T13:31:41Z")\
**Posts on this page:** 2\
**Page:** 1

<div class="post-metadata">

**Author:** ![KemarTiti](https://sea1.discourse-cdn.com/flex001/user_avatar/forum.pyth.network/kemartiti/32/5_2.png) [@KemarTiti](https://forum.pyth.network/u/KemarTiti)\
**Post date:** [July 23, 2026, 1:31pm UTC](https://forum.pyth.network/t/passed-op-pip-127-ois-reward-pool-withdrawal-execution/2645/1 "2026-07-23T13:31:41Z")

</div>

### Abstract

This [Operational PIP](https://proposals.pyth.network/?tab=proposals&proposal=AfHSq7wAe167Dqd3rSpQCnTgxQUeyPRGPS7CJdCp6x6a) executes the token withdrawal authorized by [CO-PIP-121.V2](https://forum.pyth.network/t/passed-co-pip-121-v2-ois-reward-pool-withdrawal-to-dao-treasury/2634), transferring the remaining **849,207.755112 PYTH** from the OIS Reward Pool Custody to the Pyth DAO Treasury.

[CO-PIP-121.V2](https://forum.pyth.network/t/passed-co-pip-121-v2-ois-reward-pool-withdrawal-to-dao-treasury/2634) passed on July 15, 2026, granting Constitutional approval for this withdrawal. This proposal is the operational step to execute the transfer on-chain.

### Rationale

CO-PIP-121.V2 authorized the return of unused OIS reward pool funds to the DAO Treasury following the pause of OIS rewards ([OP-PIP-103](https://forum.pyth.network/t/passed-op-pip-103-pausing-ois-rewards/2471)) and the Pythnet sunset ([OP-PIP-100](https://forum.pyth.network/t/passed-op-pip-100-pyth-core-to-pyth-pro-migration/2420)).

This OP-PIP provides the Pythian Council’s execution of that authorization.

### Specification

**Action:** Execute the `withdraw` instruction to transfer PYTH from the OIS Reward Pool Custody to the Pyth DAO Treasury.

| Parameter | Value |
| --- | --- |
| Source | FbSivnCf6iXfXns6osFih2MgX8icmSKx9iba3gyFpiCT (OIS Reward Pool Custody) |
| Destination | AYBdhJU8Wao48SEDyKVRXgDRbo9SU8Thnytakof4HDDH (DAO Treasury Token Account) |
| Amount | 849,207.755112 PYTH |

**Verification:**

- The destination token account `AYBdhJU8Wao48SEDyKVRXgDRbo9SU8Thnytakof4HDDH` is owned by `Gx4MBPb1vqZLJajZmsKLg8fGw9ErhoKsR8LeKcCKFyak`
- `Gx4MBPb1vqZLJajZmsKLg8fGw9ErhoKsR8LeKcCKFyak` is the Pyth DAO Treasury address as defined in the [Pyth DAO Constitution](https://github.com/pyth-network/governance/blob/main/docs/constitution/pyth-dao-constitution.md)

**Proposal:**

> **[Pyth Network](https://proposals.pyth.network/?tab=proposals&proposal=AfHSq7wAe167Dqd3rSpQCnTgxQUeyPRGPS7CJdCp6x6a)**
>
> Pyth is building a way to deliver a decentralized, cross-chain market of verifiable data from first-party sources to any smart contract, anywhere.

---

<div class="post-metadata">

**Author:** ![KemarTiti](https://sea1.discourse-cdn.com/flex001/user_avatar/forum.pyth.network/kemartiti/32/5_2.png) [@KemarTiti](https://forum.pyth.network/u/KemarTiti)\
**Post date:** [July 27, 2026, 9:43am UTC](https://forum.pyth.network/t/passed-op-pip-127-ois-reward-pool-withdrawal-execution/2645/2 "2026-07-27T09:43:28Z")

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And the funds have been received/withdrawn to the Pyth DAO Treasury

[https://solscan.io/tx/qLAXWqx1jv66Xob3JRjg5wAJkS4PT7XR7hgsL4xgaQRPZFfqWm7839sbosg8KTFTso6YQK29HpWUuKcJfDSNgmu](https://solscan.io/tx/qLAXWqx1jv66Xob3JRjg5wAJkS4PT7XR7hgsL4xgaQRPZFfqWm7839sbosg8KTFTso6YQK29HpWUuKcJfDSNgmu)