A Note From the Founders...
We spent a long time talking to validators on Solana and discovered Solana has a hidden yield curve. Validators had been sharing more MEV and block rewards in exchange for longer duration lockups. Pye's mission is to bring this behavior onchain and build a transparent market where validators and stakers can transact.
6 months later, we built a new protocol on Solana that extends the capabilities of native stake accounts with additional features that allow them to:
- Accurately track staking rewards 9eg. MEV, block rewards, inflation)
- Encode custom commercial terms (eg. flat, fixed, variable commissions)
- Automate accouting and payment distributions
We're in the midst of updating this blog post as part of a series of larger updates we're making prior to launch.
If you're a validator fill out our intake form: