Pyth Network has released a draft of the Pyth DAO governance system charter and opened community feedback channels.
According to BlockBeats news on January 10th, the oracle Pyth Network released a draft of the Pyth DAO governance system charter. Feedback will be collected and displayed publicly in the Discord community before being submitted for on-chain voting deployment.
The Pyth Governance system will determine the size and denomination of the fees earned by Pyth as an oracle, determine the reward distribution mechanism for data publishers, and approve other software updates for the network's important content across chains.