Stake

Overview

Stake your SOL, Stake Account or LST into a bond to mint pSOL and ySOL tokens. Upon successfully staking into a bond of your choice, you can trade your receipt tokens by going to http://app.pye.fi/trade.

Stakers

Users can use the following assets to mint a bond:

• SOL

• Stake Account

• LST

Stake accounts allow users who are already staking with an existing validator, such as Galaxy, to use those funds to mint a Galaxy bond without SOL withdrawing from the validator. Funds are kept with the validator throughput the entire lifecycle of the bond.

The LSTs and validators shown in the images are for illustrative purposes only and do not represent the final list of bond issuers participating in Pye.

Select Bond

STEP 1: Select a bond

• Go to https://app.pye.fi

• Navigate to the /bonds page

• Select one of the rows to stake

Mint Bond

STEP 2: Input parameters

• Enter the desired amount to stake to the bond; Select "Max" to deposit all available tokens.

• Preview the transaction in the "Summary" section

• Click "Stake" to continue

Note: You can also change the payment asset by clicking on the jitoSOL icon and pay with native SOL or a Stake Account in the case of validator bonds.

STEP 3: Sign tx in wallet

• Confirm your transaction in the notification window of your wallet

• Once the signing process is complete, PSOL and YSOL tokens will appear in your wallet

STEP 4: Explore DeFi ecosystem

• Upon completion a modal with next steps will appear

• View available ecosystem apps

• Or trade your tokens on https://app.pye.fi/trade

More options will be made available after minting PSOL and YSOL - including DeFi integrations where PSOL could be used as collateral in lending and restaking protocols. Stay tuned!