Validators

Onboarding a validator to Pye on Solana is a straightforward process with minimal technical involvement.

Requirements

Validators do not need to modify their existing infrastructure or make any changes. The only requirement is to share their node ID with the protocol team, allowing the LSB to delegate stake to their node. This simplifies the process, as validators can continue operating their existing nodes without the need for new software or configuration. Pye handles the delegation mechanics and integrates the validator into the system, allowing them to start accepting staked tokens from users.

Benefits for Validator Customers Stakers who delegate their tokens to a validator via Pye enjoy several key benefits.

First, they gain the ability to earn yield on their staked assets while retaining flexibility, as the staked tokens are represented by tokenized assets that can be freely traded or used in other DeFi products.

Additionally, stakers can participate in more granular financial strategies, such as yield forwarding or using their tokens as collateral for undercollateralized loans.