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Pyth Network plans to hold governance board elections on February 22

According to official sources, Pyth Network plans to hold a governance council election on February 22. The eight nominees with the most votes will become council members. Currently, Pyth Network's various stakeholders and partners have submitted 14 offline nomination candidates.

DEX Degen Base will be airdropped to PYTH stakers, and the query page is online

Degen Base, a sustainable DEX project in the Base ecosystem, will airdrop tokens to PYTH stakers. Currently, their official airdrop query page is online.

Pyth Network: Applications for the first round of retroactive airdrops will end at 2:00 on February 21, and 64% of the airdrops have been claimed.

Pyth Network, a oracle project, announced on X platform that on November 20th, 2023, Pyth Network will launch the first round of retrospective airdrops for DeFi users. Three months later, 52,000 DeFi users had claimed 64% of the airdrops, and the claiming period will end on February 21st, 2024 at 2:00 Beijing time. It is reported that community members who have contributed to Pyth Network, more than 200 DApps on 27 blockchains that have used Pyth data, and individual users of these DApps are eligible to participate in this airdrop program, with a total of over 75,000 eligible wallet addresses.

Pyth Network launches XAI/USD price source

Pyth Network has announced the launch of the XAI/USD price feed, which is now available on Solana and over 50 other blockchains.

More than 1 billion PYTH are pledged, and the number of pledged addresses exceeds 175,000

Dune data shows that there are currently 1,059,976,343 PYTH tokens staked, worth approximately 667 million US dollars, with 175,500 staking addresses.

PYTH rises above $0.64, continuing to hit record highs

According to OKX market information, PYTH rose above 0.64 US dollars, continuing to create a new historical high, now priced at 0.6465 US dollars, with a 24-hour increase of 11.61%.

PYTH rose above $0.55, rising more than 12% in 24 hours

According to OKX market data, PYTH has risen above 0.55 USD on February 9th and is currently trading at 0.5501 USD, with a 24-hour increase of more than 12%. <br>

Pyth Network launches second phase of token airdrop for over 160 dapps

Pyth Network has launched the second phase of its retroactive token airdrop to over 160 eligible dapps. Qualified dapps are those that rely on Pyth's price data for protocol operations, including trading, asset valuation, and on-chain settlement. Approximately 100 million PYTH governance tokens (worth about $47 million) will be distributed to dapps. Dapps that have received the distribution include Synthetix, Mango Markets, Bonfida, Helium, and PancakeSwap, covering DeFi use cases such as DEX, lending, structured products, stablecoins, and data analysis. According to sources, some dapps have completed the claiming process and may have already started receiving tokens, or will soon receive them, with distribution awaiting legal review, as each dapp needs to complete KYC procedures.

PYTH worth more than $400 million is in pledge status, and the number of pledged addresses exceeds 150,000

According to Dune data on February 5th, there are currently 835,546,873 PYTH tokens staked, with a total staked value exceeding $416 million. The number of PYTH staking addresses has exceeded 150,000.

PYTH rose to touch $0.5, a 24-hour increase of 23.87%

According to OKX market data, PYTH rose to touch 0.5 US dollars, currently priced at 0.4892 US dollars, with a 24-hour increase of 23.87%.