Pyth Network DAO Voting establishes the Pyth Community Committee, aiming to amplify community voices and promote community engagement

In the latest TechFlow news, the Oracle Machine solution Pyth Network has established the Pyth Community Council through the Pyth Network DAO vote, aiming to supervise the implementation of community plans, promote widespread participation, and amplify the collective voice of the Pyth community.

The Council is a governing body composed of seven elected members, responsible for supervising the execution of community-related affairs and jointly managing the community's multi-signature wallet. The core tasks of the Council include promoting value creation and network growth, conveying collective voices, and advancing community incentives. Council members serve a term of 12 months, with elections held annually. Two members will be replaced each cycle, while the remaining five members will be retained based on their terms, previous election votes, and multi-signature participation.

In the future, Pyth Network DAO will continue to release announcements related to community council nomination process, on-chain voting, etc. Interested community members can continue to follow.