⚒️Guide: How to Launch a Pi Pool

Step-by-step instructions for setting up a Pi Pool.

To join Pi Staking and earn rewards on staked PPY, you need a PulseChain node. For instructions on creating a node, refer to the Official PulseChain guides. Once you have the validator credentials (public key, signature, data deposit root, and withdrawal address), return to Pi Staking to create a Node ID.

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How to Make a Pi Pool

A Pi Pool is a validator funded by PLS from liquid stakers through the deposit pool, along with PLS contributed by node operators during their registration with Pi Staking.

The steps below explain how to create a Pi Pool.

Watch Tutorial

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Step 1: Go to Validate, then click Create a Pi Pool

At this point, you should have your validator credentials stored on your computer.

Step 2: Upload your validator credentials

This is your deposit.json file you would upload as a solo validator

Step 3: Click Generate Node ID, then Confirm

To create a Pi Pool, you must generate a Node ID. The Node ID tracks metrics, status changes, and other key information for Pi Pools.

Before generating node ID be sure to use our Pi Pool Withdrawal Address

Confirm the transaction in your wallet.

Step 4: Click Next

After creating your Node ID, select the amount of days you would like to validate click Next to proceed. If the page fails due to an issue like losing your internet connection, you can re-upload your credentials, and the system will retrieve your Node ID.

Make sure to select the validation Duration before clicking Next.

Step 5: Stake PPY

Project Pi Yield (PPY) is our native token. You will need to stake a minimum 25% collateral in PPY in order to proceed. Early Stakers will need to stake a minimum of 33%.

Step 6: Stake PLS

Deposit the 16 million PLS needed to create the Pi Pool. The first 100 Early Stakers will be able to stake 8 million PLS

Congrats on your new Pi Pool!

You've successfully created a new Pi Pool. The next step is to wait for your validator to be matched with PLS from liquid stakers.

Your Pi Pool will initially have a meaning your validator is waiting to be matched with PLS.

Need help? If you encounter any issues or have questions, our support team can assist you. Contact us via our Telegram Server.