The Pyth Network voted through the Pyth Network DAO to establish the Pyth Community Council, with the aim of overseeing the implementation of community plans, promoting broad participation, and amplifying the collective voice of the Pyth community. The community council is a governing body composed of seven elected members. It is responsible for overseeing the implementation of community-related affairs and jointly managing the community multi-signature wallet. The core tasks of the council include promoting value creation and network growth, communicating collective voice, and advancing community incentives. The term of the council members is 12 months. Elections will be held every year. Two members will be replaced every cycle, while the remaining five members will be retained according to the term of office, voting in previous elections, and multi-signature participation. In the future, the Pyth Network DAO will continue to publish announcements related to the nomination process of the community council, on-chain voting, etc. Community members who are interested in joining can continue to pay attention.