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Pyth Network has halted Oracle Integrity Staking (OIS) rewards after its upgrade to Pyth Pro. Users can still unstake OIS tokens anytime, while governance
Pyth Network’s latest upgrade to Pyth Pro has set Oracle Integrity Staking (OIS) rewards to zero, allowing participants to withdraw their OIS tokens at any time, while governance staking continues unaffected【1】.
| At a glance | |
|---|---|
| OIS rewards | 0 (paused) |
| Unstaking | Allowed anytime |
| Governance staking | Still active |
| Upgrade | Pyth Core → Pyth Pro |
The network upgrade, announced in the Pyth forum, reclassifies OIS rewards as “retired” and sets the distribution rate to zero【1】. This move removes the incentive for validators to stake OIS tokens, but the protocol still permits holders to unstake and withdraw their tokens without restriction. The change is presented as a direct consequence of the shift to Pyth Pro, a newer version of the network’s core infrastructure.
Unlike OIS staking, the governance staking contract is not impacted by the upgrade. Participants can continue to lock PYTH tokens to support network governance and earn any applicable rewards that remain in place【1】. The distinction between the two staking tracks underscores the network’s intent to keep governance participation active while pausing the OIS incentive layer.
Pyth staking follows a typical Proof‑of‑Stake model: token holders either run validator nodes themselves or delegate their PYTH to existing validators. Delegators earn a share of transaction fees and any rewards the validator accrues, while validators stake their own tokens as collateral to align incentives【2】. Binance and other platforms market Pyth staking as a low‑effort way to earn passive income, though they also assume slashing risk on behalf of users【2】. The recent OIS reward pause means that delegators who previously earned OIS‑specific rewards will now only receive governance‑related returns.
The pause of OIS rewards highlights a strategic shift in Pyth’s incentive design, focusing on governance participation while the network consolidates under the Pyth Pro architecture. Whether the OIS layer will be reinstated in a later upgrade remains an open question for token holders.
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Pyth Indices are proprietary 24/7 single-asset index products that deliver continuous price data for U.S. equities, metals, and oil, sourced from leading on‑chain and off‑chain trading venues.
Initial users include cryptocurrency exchanges Coinbase, Kraken, dYdX, and Nado, which are leveraging the indices to create new markets and perpetual contracts.
Holders can claim $PYTH tokens through an airdrop that provides governance tokens and can stake those tokens via platforms like DappRadar to earn rewards and help secure the network.
Staking $PYTH requires acquiring the token, selecting a staking pool on a platform such as DappRadar, delegating the tokens to the pool, and earning additional $PYTH as rewards for participating in transaction validation.
The airdrop distributes complimentary $PYTH tokens to existing holders, granting them governance rights and the opportunity to earn rewards through staking.