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Project Pi uses liquid staking to lower the PulseChain minimum staking requirement to launch a node and become a validator. Reward cycles occur every 14 days and yield is generated for liquid stakers and node operators.
Swap PLS for stPLS to earn staking rewards via liquid staking. No hardware needed.
Staker PLS is deposited into the Deposit Pool, getting matched to queued Pi Pools.
Operators stake PLS and PPY to get matched with Deposit Pool funds and launch a new validator.
New Pi Pool launched with staker and node operator funds. Yield is generated for stPLS, node operator earns PPY and PLS.
Take a look at the documentation to help you get started faster.
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PulseChain is a blockchain network designed to improve upon Ethereum by offering lower transaction fees and faster block times. It aims to enhance scalability and efficiency, supporting a wide range of decentralized applications (dApps) and smart contracts.
A validator is a participant in a blockchain network who validates transactions and creates new blocks based on the amount of cryptocurrency they hold and are willing to "stake" as collateral. Validators are incentivized with rewards for maintaining the network's integrity and are penalized for any malicious activities.
Liquid staking allows you to stake your cryptocurrency and earn rewards while still keeping your assets accessible through derivative tokens. These tokens can be traded or used in other financial applications, offering both staking benefits and liquidity.