
Modular
liquid
staking
Pye is building Liquid Staking Bonds (LSB), a new crypto primitive that helps stakers boost yield, get loans and sell their yield upfront.
Building with staking providers across the globe
We're unlocking DeFi access for the 90% of Solana's staked capital that remains idle.

Modular
liquid
staking
Pye is building Liquid Staking Bonds (LSB), a new crypto primitive that helps stakers boost yield, get loans and sell their yield upfront.
Building with staking providers across the globe
We're unlocking DeFi access for the 90% of Solana's staked capital that remains idle.

Modular
liquid
staking
Pye is building Liquid Staking Bonds (LSB), a new crypto primitive that helps stakers boost yield, get loans and sell their yield upfront.
Building with staking providers across the globe
We're unlocking DeFi access for the 90% of Solana's staked capital that remains idle.

// PRIMITIVE
Liquid Staking Bonds (LSB)
Liquid representation of time-locked assets which unlock new forms of DeFi for stakers.
Support for LSTs & Validators
Pye supports bonds for any standard SPL token (LST) or any validator regardless of size.
Support for LSTs & Validators
Pye supports bonds for any standard SPL token (LST) or any validator regardless of size.
Support for LSTs & Validators
Pye supports bonds for any standard SPL token (LST) or any validator regardless of size.
Fixed-date Lockups
Incentivizes LST and validator stakers to deposit SOL for fixed-terms: 3, 6, 9 and 12 months.
Fixed-date Lockups
Incentivizes LST and validator stakers to deposit SOL for fixed-terms: 3, 6, 9 and 12 months.
Fixed-date Lockups
Incentivizes LST and validator stakers to deposit SOL for fixed-terms: 3, 6, 9 and 12 months.
Sell yield upfront
Sell your YT tokens on our yield marketplace and receive all your future staking rewards today.
Sell yield upfront
Sell your YT tokens on our yield marketplace and receive all your future staking rewards today.
Sell yield upfront
Sell your YT tokens on our yield marketplace and receive all your future staking rewards today.
Lending & Borrowing
Use locked assets as collateral for loans, transforming illiquid staked positions into productive capital.
Lending & Borrowing
Use locked assets as collateral for loans, transforming illiquid staked positions into productive capital.
Lending & Borrowing
Use locked assets as collateral for loans, transforming illiquid staked positions into productive capital.
// PROTOCOL DESIGN
How LSBs work
LSBs are a novel DeFi primitive that separates staking capital into principal and yield tokens - which are more granular and unlock an entirely new design space for liquid staking.
PSOL
Principal component of a bond. Receives no yield. Redeemable 1:1 for the original deposit at maturity.
PSOL
Principal component of a bond. Receives no yield. Redeemable 1:1 for the original deposit at maturity.
PSOL
Principal component of a bond. Receives no yield. Redeemable 1:1 for the original deposit at maturity.
YSOL
Yield component of a bond. Receives all cashflows (staking rewards, points) at maturity.
YSOL
Yield component of a bond. Receives all cashflows (staking rewards, points) at maturity.
YSOL
Yield component of a bond. Receives all cashflows (staking rewards, points) at maturity.
// Operators
Operator onboarding for LSTs and validators
Keep your fees.
No maintenance required.
Keep assets locked with you.
Boost your yield.
Fees
Keep any protocol or validator fees you would take by default.

Total earnings
In USD$
6 months
12 months
Custom
Revenue
$87,093
Income
$24,509
20,000
15,000
10,000
5,000
0
January 2023
June 2023
April 2023
Revenue
$87,093
Income
$24,509
// Operators
Operator onboarding for LSTs and validators
Keep your fees.
No maintenance required.
Keep assets locked with you.
Boost your yield.
Fees
Keep any protocol or validator fees you would take by default.

Total earnings
In USD$
6 months
12 months
Custom
Revenue
$87,093
Income
$24,509
20,000
15,000
10,000
5,000
0
January 2023
June 2023
April 2023
Revenue
$87,093
Income
$24,509
// Operators
Operator onboarding for LSTs and validators
Keep your fees.
No maintenance required.
Keep assets locked with you.
Boost your yield.
Fees
Keep any protocol or validator fees you would take by default.

Total earnings
In USD$
6 months
12 months
Custom
Revenue
$87,093
Income
$24,509
20,000
15,000
10,000
5,000
0
January 2023
June 2023
April 2023
Revenue
$87,093
Income
$24,509
// Security