As a Liquid Staker
How to use Pi Staking as a Liquid Staker
Overview
When you liquid stake with Pi Staking, your PLS goes directly towards expanding the PulseChain network and facilitating the launch of more validators.
Your PLS is deposited into a pool. This deposit pool is then utilized to pair with node operators who aim to become validators for PulseChain's primary network. For more information on how PulseChain employs proof-of-stake validation, refer to PulseChain's official documentation.
Every validator on PulseChain plays a crucial role, and currently, there is a lack of a streamlined way for validators who are interested in supporting the network to connect with the necessary opportunities. Pi Staking addresses this gap by motivating node operators to participate in the protocol, thereby creating a pool of validators dedicated to supporting PulseChain's growth. Discover more about liquid staking on Pi Staking here. The visuals below illustrate how to liquid stake on Testnet, applicable also on the Mainnet. To experiment with Pi Staking on Testnet, access our faucet for test PPY.
How to Stake with Pi Staking
Step 1: Deposit PLS
Your wallet provider will prompt you to deposit PLS.
Step 2: Receive stPLS
Verify the receipt of stPLS in your wallet.
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