🚦Pi Pool Statuses

Understand the various statuses a Pi Pool can have within our system.

Each Pi Pool has a status field, which you can see on the Dashboard. Details of the possible status information are explained below.

Prelaunch (0)

• Node Operator has deposited a minimum 16M PLS and specified duration and PulseChain Node ID. Their Pi Pool is collateralized by at least 25% with staked PPY.

• Pi Pool is created.

• The Pi Pool can be moved to status Canceled by the owner of the node after a 5-day waiting period, and all PLS returned.

• The Pi Pool is now in a queue and awaits getting matched with liquid staking funds.

• Status: No corresponding validator status

Launched (1)

• The Pi Pool is now locked and cannot be canceled by the owner.

• Pi Pool withdraws 16,000,000 PLS from the liquid stakers, and the owner's 16,000,000 PLS to stake it on PulseChain's deposit contract to register the node as a validator.\

• Status:

  • Initially: Deposited – Validator index is null because it's just being registered

  • Once registered: Active – Validator index is present, and the node is earning rewards

Staking (2)

• Pi Pool is locked for the duration of the validation period.

• No action occurs until the duration ends and validation is complete.

• Protocol will Export/Import 32,000,000 PLS plus any rewards back to the Pi Pool.

• Pi Pool will handle fund distribution to liquid staking users, PPY slashing, etc., then set status to Withdrawable.

• Status: Active to Withdrawal Done

Withdrawable (3)

• Pi Pool is now available for node operator funds withdrawal. The node operator cannot create a new validation with the same Node ID.

• Once withdrawal occurs, the status changes to Finished.

• Status: Finished – Only the validator index is shown.

Finished (4)

• Pi Pool is completed, all funds withdrawn.

• Node operator can submit another validation request with us with a newNode ID.

Canceled (5)

• If a Pi Pool is canceled, it is set to this status and can be resubmitted.

• A Pi Pool can only be canceled by the owner after a 1 day waiting period to prevent griefing.

• Status: No corresponding validator status

Error (6)

• Pi Pool failed.

• The node likely failed to be registered as a validator with PulseChain.

• The status will move to Finished once the node operator withdraws their funds.

• Status: No corresponding validator status