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 Accounnt

• 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.

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!