How much is the circulation of PYTH coins? Introduction to the total amount of PYTH coins

Pyth Network is the largest and fastest-growing first-party oracle network, providing real-time market data to financial dApps on more than 40 blockchains, and providing more than 350 products covering cryptocurrencies, stocks, ETFs, FX pairs and blocks Low-latency price information for products. Pyth Network connects high-fidelity market data from the world's largest professional traders and exchanges to any smart contract, anywhere.

How much is the circulation of PYTH coins?

According to official data, the circulation of PYTH coins is 10 billion. Distribution of PYTH tokens to different participants of the Pyth network and its ecosystem. This distribution is a critical step in bringing the Pyth network into a decentralized, self-sustainable, and permissionless state. On-chain governance is another key component of this goal.

The overall purpose of a token-based governance system is to enable token holders to guide protocol development. Therefore, the community must be prepared to participate in token holder governance so that they can shape the network in an informed manner.

The Pyth protocol is designed to allow selective enabling of data fees in order to update the status of on-chain price feeds. The persistence and size of fees will be determined by each blockchain’s governance. Before governance takes effect, the fee will be 1 of the smallest denomination of the blockchain’s native token (e.g. 1wei on Ethereum).

Fees collected under this protocol will be used to compensate data providers and other possible uses determined by governance. Read more here.

How to buy PYTH coins?

Purchase PYTH coins can be purchased at 15 online exchanges such as Ouyi, Huobi, etc. The following is a tutorial for purchasing PYTH coins on Ouyi Exchange:

1. Open the official website of Ouyi OKX Exchange and click on the upper right corner of the page Click the [Register] button to enter the registration page, and enter your email address on the home page.

2. Then enter your mobile phone number and click "Verify Now"

3. Select your country/region of residence and check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

4. Create a password that must be 8-32 characters in length, 1 lowercase letter, 1 uppercase letter, 1 number, and 1 symbol, such as:! @ # $ % and other conditions

5. After registering an account, identity authentication is required before trading. Find "Asset Management" - "Identity Authentication" on the homepage and follow the prompts

6 .After the certification is completed, you can trade. Click "Buy Coins" - "C2C Buy Coins" on the homepage. After selecting the appropriate merchant, follow the prompts

7. Once you have USDT, you can use USDT to purchase Currency, click "Trade" - "Coin" to enter the transaction page

8. Enter PYTH in the search box, select the PYTH/USDT trading pair, you can see the real-time market price of PYTH

9. Enter To buy the amount of PYTH, just click to buy PYTH

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