Pye Beta

Beta Program

Welcome to our early access program where validators, stakers and traders are invited to try out our upcoming DeFi products. This program is designed to activate participation and to help us identify the features that work and don't work, as these products leave beta and are rolled into production. Our goal is to leave the beta phase with a set battle tested products that will unleash stake account DeFi and stake account trading.

If you're a validator and want get involved, please fill out this form: https://forms.gle/ujSEjWhvsoYHr9pVA

Pye Points

Throughout the course of the beta, user will be able to earn Pye Points by engaging in economic activity activating the core KPIs of the protocol. We're currently optimizing for:

• Programmable Stake Account (PSAs): Issuing and redeeming stake accounts via Pye.

• Trading: Buy/sell stake accounts.

Our points system is purely meant to be an ongoing rebate/reward program similar to how Hyperliquid and other centralized exchanges run loyalty programs with key platform actions.

Staker Points

Every 1 SOL deposited generates 1 PT and 1 RT (if deposited for the full duration). For deposits smaller than the full duration, RTs issued will be less than 1. You can read more about how RTs are issued here.

The global points rate throughout the beta each for:

• PT: 3.14 pts (π) per epoch

• RT: 1.618 pts (Φ) per epoch

Each epoch lasts about ~48 hours.

How to Participate as a Staker

Check the list of participating Validators and request a Lockup link or wait for their announcement. You can also apply directly to get early access to Beta opportunities and new Lockups as they get released.

Validator Points

All validators are issued an additional 10% of all the points generated by their stakers every epoch. There will be opportunities for validators who are early to upcoming products, to earn points with multipliers.

How to Participate as a Validator

To get started, refer to the Getting Started docs for Validators.