Overview

Pye boosts stakers' APY through access to DeFi opportunities and structures your yield on your own terms without needing to unstake your SOL.

When you enter a Pye Lockup, the protocol separates your stake into two distinct, tradeable SPL tokens:

• Principal Tokens (PT): Represent the underlying SOL principal. These are redeemable 1:1 for SOL at the maturity of the lockup.

• Reward Tokens (RT): Represent the yield—including inflation, MEV, and priority fees—generated during the lockup period.

This decoupling allows you to maintain your core delegation while accessing immediate liquidity. You can sell your future rewards (RT) for liquid SOL today or use your Principal Tokens as collateral in external DeFi strategies.

How to Get Started

If your Validator is supported, request a Lockup link from them directly to deposit to or check their socials for announcements. If your validator is not yet live, signup for the Staker Beta Waitlist to be notified as we onboard new partners and get access to exclusive Beta points multipliers as well as the latest Pye features.