According to TechFlow, Pyth has launched the Pyth Ecosystem Grant Program, which will provide 50 million PYTH grants to eligible community members. The program aims to encourage community members to share their ideas and insights about the Pyth network with the wider Web3 community and contribute to its development through education and research programs.

The grant program will be divided into 3 categories, namely Community Grants, Research Grants, and Developer Grants. The grant program will oversee the allocation of grants in unlocked or locked PYTH tokens to participants in any category.