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A Beginner's Guide to Pyth Network Staking 🌐💰

The Pyth Network is transforming decentralized finance (DeFi) by providing real-time, high-quality market data to over 90 blockchains. Through its innovative Oracle Integrity Staking (OIS) model, Pyth Network allows users to stake PYTH tokens to secure the network, participate in governance, and earn rewards 🚀. This blog post will guide you through the essentials of staking PYTH tokens, the benefits, risks, and a step-by-step process to get started! 📝

What is Pyth Network Staking? 🔍

Pyth Network is a decentralized oracle platform that delivers accurate, real-time price feeds for assets like cryptocurrencies, stocks, and commodities 💹. Staking PYTH tokens supports the network in two primary ways:

Oracle Integrity Staking (OIS): Stakers delegate their PYTH tokens to trusted data publishers, enhancing the security and reliability of price feeds 🔒.

Publishers are incentivized to provide accurate data, as incorrect or malicious data can lead to slashing (penalties) of their staked tokens 😕.

Stakers earn rewards for supporting high-quality publishers, with reported APYs ranging from 8% to 10%, though some platforms claim higher rates up to 100% (use caution with such claims and verify sources) 📈.

Governance Staking: By staking PYTH tokens, holders can vote on governance proposals, influencing decisions like reward structures, oracle fees, and data feed selections 🗳️. Each staked token equals one vote in the Pyth DAO 🏛️.

Staking PYTH tokens not only supports the network’s integrity but also offers opportunities for passive income and community participation 🎉.

Why Stake PYTH Tokens? 🤔

Here are the key benefits of staking PYTH:

Earn Rewards: Stakers can earn competitive APYs (e.g., 8-10% on platforms like BLOCKSIZE or up to 100% on Binance, though high rates may have specific conditions) 💸. Rewards are distributed at the end of each epoch (a seven-day period starting Thursdays at 00:00 UTC) ⏰.

Support DeFi Infrastructure: Staking contributes to the accuracy and security of Pyth’s oracle data, which powers DeFi applications across multiple blockchains 🌍.

Governance Participation: Staked tokens grant voting power in the Pyth DAO, allowing you to shape the network’s future 🗣️.

Low Barrier to Entry: Staking requires only a compatible wallet, PYTH tokens, and a small amount of SOL for transaction fees, making it accessible to many users 🚪.

Risks to Consider ⚠️

While staking PYTH offers rewards, there are risks to be aware of:

Slashing Risk: If a publisher you’ve staked with provides inaccurate data, their stake (and potentially yours) may be slashed 😓. Choosing reputable publishers like BLOCKSIZE can minimize this risk ✅.

Lock-Up Periods: Staked tokens enter a warm-up period (until the next epoch) before earning rewards or voting rights. Unstaking requires a cooldown period of one epoch, limiting liquidity ⏳.

Market Volatility: The value of PYTH tokens can fluctuate, impacting the USD value of your staked assets 📉.

Platform Risks: Staking on centralized platforms (e.g., Binance) may expose you to smart contract vulnerabilities or platform-specific issues 🛡️. Always research the platform’s security measures 🔎.

How to Stake PYTH Tokens 🚀

Follow these steps to stake PYTH tokens using the official Pyth Network staking platform:

Step 1: Acquire PYTH Tokens 💰

Purchase PYTH tokens on a cryptocurrency exchange like Binance, OKX, or Bybit. Ensure you’re buying the correct token (symbol: PYTH) 🛒.
Transfer the tokens to a Solana-compatible wallet, such as Phantom, Solflare, or Backpack 👜.

Step 2: Prepare Your Wallet 🛠️

Ensure your wallet has a small amount of SOL (e.g., 0.03 SOL) to cover transaction fees on the Solana network 💸.
Connect your wallet to the Pyth Network staking dashboard at https://staking.pyth.network/. Always verify the URL to avoid phishing scams 🔐.

Step 3: Stake Your Tokens 📥

Navigate to the “STAKE” tab on the staking dashboard 🖱️.
Choose a data publisher to delegate your tokens to. Research publishers’ performance and reliability (e.g., BLOCKSIZE is a top-ranked publisher with a 20% commission and low slashing risk) 🌟.

Enter the amount of PYTH tokens you wish to stake and confirm the transaction in your wallet ✅.

Your tokens will enter a warm-up period until the next epoch (starting Thursday at 00:00 UTC). Once active, they’ll earn rewards and grant governance voting power 🎊.

Step 4: Monitor and Manage Your Stake 📊

Check the “Staked” window on the dashboard to track your staked tokens and rewards. Rewards are distributed at the end of each epoch 🤑.
To unstake, go to the “WITHDRAW” tab, enter the amount to unstake, and confirm. Tokens will be available for withdrawal after a one-epoch cooldown ⏳.

Step 5: Participate in Governance 🗳️

Once your tokens are staked and the warm-up period ends, you can vote on Pyth DAO proposals via the governance frontend (accessible through the staking dashboard) 🖥️. Stay updated on proposals via the Pyth Network’s Discord, Telegram, or X 📢.

Choosing a Staking Platform 🏦

You can stake PYTH directly on the official Pyth Network platform or through centralized platforms like Binance, Gate.io, or Bitmart. Here’s a quick comparison:

Official Pyth Staking Platform (staking.pyth.network): Offers non-custodial staking, full control over your tokens, and direct governance participation 🗽. Rewards depend on the publisher’s performance (e.g., 8-10% APY with trusted publishers like BLOCKSIZE). Ideal for those prioritizing decentralization and governance 🌐.

Centralized Platforms (e.g., Binance): May offer higher APYs (e.g., up to 100% for short-term promotions) but involve lock-up periods and platform risks 🏦. Suitable for users seeking simplicity but less control 😊.

Always research platform terms, reward rates, and lock-up conditions before staking 🔍.

Tips for Successful Staking ✅

Choose Reputable Publishers: Select publishers with a strong track record to minimize slashing risks. Check their performance on the staking dashboard or community channels 🌟.

Stay Informed: Follow Pyth Network’s official X account (@PythNetwork), Discord, or Telegram for updates on governance votes, reward changes, and network upgrades 📩.

Monitor Market Conditions: Be aware of PYTH price volatility and staking reward fluctuations. Use tools like Bitcompare or TheCoinEarn for real-time APY data 📊.

Secure Your Wallet: Use a trusted wallet and enable two-factor authentication. Never share your seed phrase or private keys 🔒.

Why Pyth Network Staking Matters 🌍

Pyth Network’s Oracle Integrity Staking model is a game-changer for DeFi, ensuring high-quality data feeds while rewarding stakers for their contributions 🎉. As of July 2025, over 956.4 million PYTH tokens are staked for OIS, and 1.649 billion for governance, reflecting strong community participation 🤝. By staking PYTH, you’re not only earning passive income but also supporting a critical infrastructure that powers DeFi applications across 100+ blockchains 🚀.

Ready to get started?

https://staking.pyth.network

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September 04, 2025
Pyth Roadmap update. New institutional product. $PYTH token utility.

🚀 Endorsed by US Government 😉

Op: Pyth Network

00:01:45
September 01, 2025
PYTH NETWORK: The pursuit of transparency 🦅
00:00:09
September 01, 2025
True Story😉

RLUSD adoption will increase demand for XRP. On-Demand Liquidity allows XRP to move large tokenized assets efficiently, bridging digital and traditional finance and supporting global liquidity.

Ever notice how TV shows drop subliminal messages that reveal the story without telling you? The same thing is happening in finance. RLUSD is quietly stepping in to buy US bonds and absorb debt. XRP handles the settlements. Connect the dots, this is the blueprint for global liquidity.

OP: Blackswancapitalist

00:02:25
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
Grayscale knew before most... in February
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42k Followers

$PYTH we are on key demand zone monthly / weekly, after a 40% correction downard in few days.

Major news has been dropped, selling here & panicking looks stupid for me.

Im Buying more 📈

https://x.com/CryptoJobs3/status/1963975245175435415

80k followers

$PYTH pumped perfectly from the entry I shared.
But got rejected from the pink box.
However, we are now approaching support after the correction.

According to Fib Levels, the green box looks a good zone for reversal. Also, good zone to DCA if you believe in @PythNetwork for the long term.

https://x.com/cryptodoc_/status/1963941809513758761

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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

Source

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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are EternlTyphonVesprYoroiLaceADAliteNuFiDaedalusGeroLodeWalletCoin WalletADAWalletAtomicGem WalletTrust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

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If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
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🔗 Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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