TechFlow reports that Pyth has announced the launch of the Pyth Ecosystem Grant Program, which will distribute 50 million PYTH tokens in grants to eligible community members. The initiative aims to encourage community members to share their ideas and insights about the Pyth Network with the broader Web3 community and contribute to its development through educational and research initiatives.
The grant program will be divided into three categories: Community Grants, Research Grants, and Developer Grants. The program will oversee the distribution of grants in the form of vested or non-vested PYTH tokens to participants across any of these categories.
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