Staking

Overview

A summary of the protocol fees charged by Pye when a staker mints a bond.

Minting Fees

Pye’s core contracts charge a global fee on all bond mints, regardless of whether the deposited asset is SOL, a stake account, or an LST. This fee is calculated as a percentage of the principal amount being deposited.

We're currently not charging any fees to encourage user participation. Later on, we’ll introduce fees to support ongoing development and roll out new features for the project.

Fee Type	Description	Typical Range	Who Pays
Minting Rate	The percentage of the principal that Pye keeps for minting a bond.	0 BPS	Delegators

Validator Fees

While Pye’s bond fees are limited to the global minting fee mentioned above, each validator also charges their own performance-based fees on top.

Fee Type	Description	Typical Range	Who Pays
Commission Rate	The percentage of staking rewards that the validator keeps before distributing the rest to delegators.	5–10%	Delegators (indirectly)

For a comprehensive overview of the fees charged by every validator visit: https://www.stakingrewards.com/asset/solana