Pye 🥧

Pye is a DeFi platform for Solana stake.

🔥 powering
🔮 incubated @incubator

[Pye 🥧 @pyefinance]

Speedstake is live. A first of its kind, Solana-exclusive app where stakers can sell future staking rewards for SOL. Get your rewards today with 60+ Validators 🧵

[E | Pye @eash0x]

Let’s go Toronto!

[Superteam Canada @SuperteamCAN]

Erik Ashdown, Co-Founder at @pyefinance, is joining us at Solana Summit Canada.

@eash0x is rethinking staking, turning future rewards into liquidity while keeping principal staked.

Sept 23–24, Toronto, St. Lawrence Market North.

[Pye 🥧 @pyefinance]

Your staked SOL is earning ~6% a year. You can't spend a cent of it till it accrues.

Speedstake by Pye lets you sell those future rewards for SOL today, making the yield liquid.

[Pye 🥧 @pyefinance]

Unstaking SOL takes 2-3 days. Speedstake by Pye takes under a minute.

Connect, pick how far forward to sell, and your future rewards land as SOL right now.

[Pye 🥧 @pyefinance]

Need bridge funding for a known expense coming up, but all your SOL is staked?

Pull future rewards forward as SOL now instead of unstaking and praying the cooldown clears in time 🙏

[StakeCraft @stakecraft]

https://t.co/AryDstlJso

[Pye 🥧 @pyefinance]

Borrowing against your staked SOL is a loan. Speedstake by Pye lets you sell your future stkaing rewards at a discount.

One adds interest, liquidation risk, and a balance to repay. The other hands you SOL today with nothing owed, your stake still delegated.

[Pye 🥧 @pyefinance]

@mauricedotxyz Good use of resources

[Pye 🥧 @pyefinance]

@phantom @Raydium Soon

[Pye 🥧 @pyefinance]

After 1,000 epochs, we're still just getting started.

[Saga DAO @SagaMobileDAO]

All your solana:So11111111111111111111111111111111111111112 is staked, but you want some value working for you now, a position to enter, exposure to hedge, SOL you need this week

We’ve partnered with @pyefinance to allow SagaDAO Validator stakers to sell their future staking rewards for SOL today

Try it out 👇

[Pye 🥧 @pyefinance]

https://t.co/TLvJ2sa1xB

[Pye 🥧 @pyefinance]

Waiting for staking rewards?

[Pye 🥧 @pyefinance]

Right now a transaction on Solana takes about 13 seconds to fully settle. Its next upgrade cuts that to roughly 150 milliseconds, around 100 times faster. Validators approved it ~98% to ~2%.

Final settlement is about to feel instant.

[Pye 🥧 @pyefinance]

What would you do if you got your future staking rewards today?

[Rafaela Ferrari Kley @rafaelando__]

Pra que gastar amanhã o que a gente pode gastar hoje?

Speedstake da @pyefinance me deu acesso às minhas recompensas futuras hoje.

Os economistas chamam isso de liquidez, eu chamo isso de queimar a largada e tomar decisões questionáveis que com certeza vou me arrepender depois...mas esse é um problema para a Rafaelando do futuro.

[Pye 🥧 @pyefinance]

@cebrusky go get it!

[Pye 🥧 @pyefinance]

Bullish on SOL but your charts predict an upcoming dip? Sell your future rewards for SOL today and rotate into stables, cutting exposure without unwinding your stake.

Your principal stays locked at your validator, redeemable 1:1 after however long into the future you sold.

[Pye 🥧 @pyefinance]

Stop waiting damn it!

[Pye 🥧 @pyefinance]

@ferz_erz00 @eash0x Someone has done their homework 🥧

[Pye 🥧 @pyefinance]

Solana has only the third-largest stablecoin supply of any chain.

In February it still settled more stablecoin volume than any of them, ~$650 billion in a single month.