Polymarket and Pyth Network Announce Major Project Updates
Polymarket overhauls underlying contracts, Pyth enforces full-revenue token buybacks, and Abstract Blockchain announces a shutdown.
According to Substack, recent weekly project updates reveal significant protocol adjustments across the decentralized finance sector. Polymarket has overhauled its underlying contracts, while Pyth has enforced full-revenue token buybacks. Additionally, Abstract Blockchain announced plans to shut down operations.
Protocol Updates and Changes
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The changes reflect ongoing structural adjustments among major web3 platforms. Polymarket's contract overhaul aims to modernize its architecture, and Pyth's shift toward full-revenue token buybacks alters its tokenomics model.
Key facts
- Polymarket overhauled its underlying contracts.
- Pyth enforced full-revenue token buybacks.
- Abstract Blockchain announced it will shut down.
Source: news.google.com
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