🚀Pyth CO-PIP 9 proposal Voting Is Open!🚀
Summary: The CO-PIP 9 proposal recommends appointing Douro Labs as the administrator and initial distributor for off-chain subscription-based access to Pyth Network data for the next 24 months. Douro Labs would market, operate, and support these subscription services, handling customer contracts, technical infrastructure, and payment solutions. The DAO would receive 60% of subscription revenue, with Douro Labs retaining 40% for its services and administrative costs. Douro Labs must provide regular performance and revenue reports to the DAO, transfer the DAO’s share of revenue monthly, and can have its appointment terminated by a DAO super-majority vote. The engagement aims for transparency, institutional adoption, and DAO value capture, with the first progress report due by January 10, 2026, and quarterly updates thereafter.
What this means: If approved, Douro Labs takes the lead on commercializing Pyth’s data subscriptions, maximizing DAO revenue and transparency while scaling institutional use of Pyth data.
Go vote if you have some $PYTH staked in governance:👇
https://v2.realms.today/dao/4ct8XU5tKbMNRphWy4rePsS9kBqPhDdvZoGpmprPaug4/proposals
Here is the full proposal:👇
https://forum.pyth.network/t/ongoing-co-pip-9-proposal-to-assign-douro-labs-as-administrator-and-initial-distributor-for-subscriptions-to-pyth-data-off-chain/2220