Overview

Pye is a decentralized financial layer designed specifically for Solana validators.

Today, 90% of Solana’s $90B+ in stake is "passive", locked in standard Stake Accounts that cannot be used as collateral, hedged, or structured into predictable yield products. While this model secures the network, it limits both validator capital planning and staker flexibility.

Not only this, but as network inflation decreases, stakers are increasingly forced to seek utility beyond "Vanilla" yield. Pye allows validators to offer higher-than-average returns by enabling stakers to trade their future rewards (Reward Tokens separated from Principal Tokens) in a secondary marketplace.

Pye introduces Programmable Stake Accounts, extending the native Solana Stake Program with composable financial primitives. This allows validators to offer fixed-term, fixed-yield, and structured staking products—without requiring stakers to unstake or move their principal.

Programmable Stake Accounts

Pye introduces Programmable Stake Accounts, extending the native Solana Stake Program with composable financial primitives. This allows validators to offer fixed-term, fixed-yield, and structured staking products such as Lockups —without requiring stakers to unstake or move their principal.

Validators can issue public or private fixed-term Lockups with custom commission structures to stakers (e.g., offering higher rewards for longer commitments). This guarantees securing delegations for set number of months months, significantly reducing churn, stabilizing TVL and giving Validators predictable capital planning.

Enterprise-Grade Security

Pye is designed with security that meets the requirements of institutional-tier validators. This includes

  • Non-Custodial Architecture: Pye never takes possession of validator identity or withdrawer keys; it functions as a non-custodial wrapper on top of the native Solana Stake Program.

  • Rigorous Audits: The core protocol has completed 5 comprehensive audits by industry leaders, including Neodyme, Sec3, and Zellic.

  • Transparent Settlement: All PT (Principal) and RT (Reward) tokens are redeemable 1:1 at maturity, with all risk exposure being time-bound and transparently priced.


How to Participate in the Beta

To get started with Pye and join the official Beta program, follow these steps:

1

Step 1: Create an organization

Create an organization on app.pye.fi/validator/sign-inarrow-up-right.

2

Step 2: Await Approval

Ensure that you've completed the early access applicationarrow-up-right. The Pye team reviews your application and pairs node ID to the organization you created.

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Step 3: Connect to the Dashboard

Once you receive a confirmation, navigate to app.pye.fiarrow-up-right and connect your wallet.

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Step 4: Add your Issuer Wallets

You will need to approve the specific wallet addresses that will be authorized to create and sign lockups. For smaller validators, this is typically the wallet you connect to the org.

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Step 5: Create Lockup

Create a Lockup to share with stakers and coordinate with the Pye team on joint communications.

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Step 6: Coordinate on Press Release

The Pye team will work with your team on a joint listing announcement for your Validator.

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