[PASSED] OP-PIP-88: PYTH Token Phase 2 β€” Purchases #2

Abstract


Transfer 33% of the current Pyth DAO Treasury to the Pythian Council (Ops Mulitsig) in order to execute the purchase of PYTH tokens as proposed and approved in the OP-PIP-87.

Description


Following the distribution of the revenues from Pyth Pro for December 2025 by Douro Labs, the Pyth DAO Treasury currently holds:

  • 397,728 USDC

  • 32.08 SOL

This proposal aims to transfer 33% of the DAO Treasury holdings to the Pythian Council (Ops Multisig) as it was tasked by the Pyth DAO to administer and execute the purchases of the PYTH token.

Therefore, the Pythian Council (Ops Multisigβ€”GAdn7TZhszf5KTfwNRx3A2nP6KCRFEWucZubgdEqbJA2) wallet will receive the following:

  • 132,576 USDC

  • 10.693 SOL

Once the swaps completed, the proceeds (PYTH tokens) will be sent back to the Pyth DAO Treasury (Gx4MBPb1vqZLJajZmsKLg8fGw9ErhoKsR8LeKcCKFyak).

Next Steps

  1. DAO members vote on the OP-PIP-88

If approved:

  • The Pythian Council Ops Wallet will receive 132,576 $USDC and 10.693 $SOL from the Pyth DAO Treasury

  • The Pythian Council will start the purchases as specified by OP-PIP-87 and approved by the DAO

  • The Pythian Council shall send back the recently acquired PYTH tokens to the Pyth DAO Treasury

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The above proposal has passed!

And the Pythian Council has well received the tokens

https://app.squads.so/squads/GAdn7TZhszf5KTfwNRx3A2nP6KCRFEWucZubgdEqbJA2/home

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