Changelog

2026-09-19

Loop, markets, and a public API

Loop: borrow USDG against automated vault shares on Morpho, or lend into the same market. Shows your loan-to-value, liquidation price and how far the collateral can fall before it is called.
Positions close by shares rather than by amount, so interest accruing between quote and confirmation can no longer leave dust that locks your collateral.
Markets: every asset PYRE has a market in, its price, and where the liquidity sits.
Agents: the read API written down. Everything the interface shows is public and unauthenticated.

2026-09-19

Weighted baskets of two to eight assets sharing one liquidity position, so a single deposit backs trading across the whole basket.
Anyone can launch one. Creation and seeding happen in a single transaction, so a pool never exists without a price for someone to take.
A flat 0.30% swap fee on every pool: 90% compounds to providers, 10% is protocol revenue. No pause, fee-manager or creator role is assigned to anyone, including PYRE.
Proportional joins and exits on existing pools, which cost no swap fee and move no price.

2026-09-19

The grid, the Drill and the mine are retired. PYRE is now about putting tokenized stocks to work: yield comes from trading activity, not from emission.
Earn: fifteen curated automated liquidity vaults on tokenized stocks, with TVL, APR, positions and withdrawals.
One-asset deposits. The zap swaps against the vault's own pool, so there is no router to trust and no allowlist to maintain.
Staking rebuilt: single-sided PYRE, no lock, no escrow NFT. Rewards accrue every second and both claiming and unstaking are always open.
Protocol revenue buys PYRE on the open market and streams it to stakers, burning the rest. Anyone can trigger it and nothing can divert it.
Incentives distributed through Merkl, claimable for every token in one transaction.