Pyth Network CO-PIP 9 Vote
Event Details: Pyth Network is hosting the CO-PIP 9 vote on September 23, 2025. This event involves voting on the proposal titled "Douro Labs as Admin & Initial Distributor for Pyth Data Off-chain Subscriptions." The vote is part of the Pyth DAO governance process and will be conducted off-chain through Snapshot. Community members with governance rights can participate via the Pyth Network's Snapshot page.Recent News: Over the past three months, Pyth Network has focused on expanding data subscription services and enhancing its oracle capabilities. The involvement of Douro Labs signals a strategic move to streamline administration and distribution of off-chain subscription data, reflecting Pyth's continued focus on scaling its data delivery network efficiently.Future Plans: Following the CO-PIP 9 vote, Pyth Network aims to integrate Douro Labs fully as an administrator and distributor for off-chain subscriptions, improving data accessibility and management. Pyth plans to continue scaling its oracle services and pursue partnerships to increase adoption across DeFi and other blockchain sectors.Onchain Data: * Tokens unlocked: Not publicly available. * TVL: Not publicly available. * 24h / 7d transaction volume: Not publicly available. * Wallet growth / new wallets: Not publicly available. * Staking participation: Not publicly available. * Contract interaction counts: Not publicly available. * Exchange inflows/outflows: Not publicly available.Community Sentiment: Neutral — The community is generally observing the proposal with interest, awaiting the outcome of the CO-PIP 9 vote. Community reactions reflect cautious optimism about the administrative shift but no major controversy or hype has been detected. Sample reactions include: "Looking forward to streamlined subscriptions," "Hope this improves data delivery," and "Watching the vote results closely."Risk Disclaimer: This governance vote could influence the administrative control and distribution dynamics of Pyth Network's off-chain data subscriptions, potentially impacting token utility and project operations.
Pyth Network
September 23