Validators
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Explore definitions and key concepts to deepen your understanding of staking and blockchain.
The key allowed to control or change an on-chain account.
The Rust framework used to build Solana programs safely and reliably.
A yearly estimate of rewards based on current conditions; not fixed and can change.
Rewards a validator and its stakers earn from additional transaction fees in the blocks the validator built.
The validator's percentage fee taken from staking rewards before paying stakers.
The ability to plug protocols and accounts together like building blocks.
Pointing your stake to a validator to help secure the network and earn rewards while you keep control of your keys.
A fixed network time window when stake changes take effect and rewards are calculated.
New tokens issued by the network and shared with validators and stakers.
A public key and its private key; the private key signs transactions and must be kept secret.
A period when tokens are committed and cannot be withdrawn; often used for time-locked stake.
Extra rewards captured by ordering or bundling transactions.
Solana's built-in account type that holds staked SOL and delegates directly to a validator.
You earn rewards without giving anyone custody of your private keys.
Consensus where validators are chosen by stake to create blocks and earn rewards, with penalties for misbehavior.
Optional extra fees that move a transaction ahead in processing.
Rewards split in proportion to each participant's share (and time) of the total stake.
How rewards build up over time and become claimable.
The relationship between time/conditions and Annualized Rewards across different lockups.
Tokens earned from inflation, block rewards, MEV, and fees; in Pye we call this Rewards.
The compilers and tools (e.g., rustc, cargo) used to build Solana software.
Solana's standard for fungible tokens (similar to ERC-20 on Ethereum).
The warm-up and cool-down across epochs when staking starts or stops earning rewards.
Rewards shared with stakers from block rewards, inflation, MEV, and fees minus validator commission.
A Linux service that keeps a process (like a validator) running and restarted if it fails.
A rule that prevents moving tokens until a set time/epoch; on Pye, stakers, by using the platform, create the time-locked (TLS) tokens that embody this lock.
The total value of tokens currently deposited or time-locked in a protocol.
A node that produces and votes on blocks, earns rewards, and sets a commission for delegators.
The Solana account where a validator records votes and receives rewards; controlled by the validator's authorities.