PLYR + Suzaku: Building Liquid Staking on the C‑Chain
Liquid staking for PLYR will be available soon at staking.plyr.network, once the new validator set has been fully tested and deployed. Stay tuned!
We’re excited to announce the launch of liquid staking for PLYR, powered by Suzaku, and deployed directly on the Avalanche C‑Chain. This feature brings more flexibility, composability, and accessibility to the PLYR ecosystem, while laying the groundwork for deeper decentralization.
Suzaku is a modular staking and validator infrastructure protocol designed for Avalanche-native Layer 1s. It enables sovereign chains like PLYR to offer secure, efficient staking systems, manage validator sets, and progressively decentralize, all without compromising performance or user experience.
This collaboration allows PLYR to deliver a fully non-custodial, C‑Chain-native staking system, where users can stake PLYR and receive sPLYR, a liquid staking token that retains value and utility across the broader DeFi ecosystem.
What Is Liquid Staking?
Liquid staking allows users to stake their tokens (and earning rewards) while still maintaining the freedom to use or move those tokens.
In the traditional model, staking requires locking your PLYR for a fixed period, during which you can’t access or use your funds. Liquid staking changes that by giving you a liquid representation of your stake: sPLYR.
Here’s how it works for PLYR:
- You stake your PLYR on the Avalanche C‑Chain, using the liquid staking vault.
- When you stake PLYR through the liquid staking vault, you receive an equal amount of sPLYR (1:1).
- Behind the scenes, PLYR is delegated to validators.
- You can redeem sPLYR back into PLYR (1:1) at any time or use it in DeFi strategies like LPs, lending, and trading.
The entire experience: staking, minting sPLYR, redemption, is done on the Avalanche C‑Chain, giving users seamless access to staking while remaining inside the broader Avalanche ecosystem.
Cluster Owner Bonus: Turbo-Charged Rewards
To align incentives across the network, we’re introducing a reward boost for Cluster Owners.
If you both:
- Own a Cluster on PLYR L1, and
- Stake PLYR via the sPLYR LST vault
Then you will receive a bonus yield directly on your clusters rewards.
This bonus is designed to reward infrastructure providers who also support the growth of liquid staking. It’s a form of “turbo boost” that increases your effective staking return. In practice, Cluster Owners who also stake via sPLYR will earn higher rewards than standard stakers.
Validator Architecture and Decentralization Roadmap
The validator system behind PLYR L1 is designed to scale over time. Initially, staking is delegated to a curated set of Clusters operated by trusted entities. However, our goal is full decentralization and Suzaku makes this transition possible.
Using a modular validator manager, Suzaku allows us to:
- Gradually onboard new validators,
- Split validator responsibility across modules,
- Scale the validator set as sPLYR adoption grows,
- Eventually transition to a fully decentralized, permissionless PoS validator network.
In the near future, we plan to expand the number of Clusters and validators eligible for delegation. Over time, community-driven governance will play a larger role in how validators are selected, replaced, or rewarded.
and Adoption
To support adoption, a portion of the Suzaku DAO treasury will be allocated in PLYR and strategically deployed across staking and DeFi. These incentives are designed to sustainably grow the PLYR ecosystem and reward early participants.
The Suzaku DAO will govern how these rewards are distributed over time, and a dedicated Dune dashboard will soon track treasury holdings and activity transparently.
Official Website: https://plyr.network/
Official Twitter: https://twitter.com/OnPlyr
Official Whitepaper: https://whitepaper.plyr.network/
Official Discord: https://discord.gg/plyr
