Pye Finance raises $5M seed round led by Variant and Coinbase Ventures. The platform aims to make locked Solana staking positions tradable via an onchain marketplace.


6 recorded changes
Want your article here?
Promote with Leviathan News

6 recorded changes
Want your article here?
Promote with Leviathan News"Pye’s pitch is aimed at a large base of staked SOL on Solana, more than 414 million tokens, worth about $75 billion at current prices, that sit in basic staking accounts. These positions typically can’t be customized or traded once locked, limiting how validators compete for stake and how stakers manage liquidity, the firm said."
Top comment by @Spencer420
Loading related coverage…
Loading comments…
tZERO wins CFTC approval for designated contract market, securing exchange and clearinghouse registrations
𝕏/@tzero
As AI agents become the internet's main users, businesses may soon compete for their business
a16z.news
OpenAI launches Businesses in ChatGPT beta with Business Hub and AI agents
Openai
Vitalik Buterin argues ETH as store of value makes more sense than ETH as fee-burning token
𝕏/@VitalikButerin
Bitmine reports $6.3 billion fiscal-year loss as 44% Ethereum decline triggers $6.23 billion in unrealized digital asset losses
The Block
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Spencer420
"Pye’s pitch is aimed at a large base of staked SOL on Solana, more than 414 million tokens, worth about $75 billion at current prices, that sit in basic staking accounts. These positions typically can’t be customized or traded once locked, limiting how validators compete for stake and how stakers manage liquidity, the firm said."
Spencer420
"Pye’s pitch is aimed at a large base of staked SOL on Solana, more than 414 million tokens, worth about $75 billion at current prices, that sit in basic staking accounts. These positions typically can’t be customized or traded once locked, limiting how validators compete for stake and how stakers manage liquidity, the firm said."

𝕏/@Index_inds ·

𝕏/@DimitrisKoute ·

𝕏/@boxerbk ·

𝕏/@crshmarket ·

𝕏/@BirchHill_io ·

𝕏/@alexshander03 ·

𝕏/@Index_inds ·

𝕏/@DimitrisKoute ·

𝕏/@boxerbk ·

𝕏/@crshmarket ·

𝕏/@BirchHill_io ·

𝕏/@alexshander03 ·