Every $y \geq 2$ works. For each $y,$ we get an infinite sequence of solutions $(z_n, x_n)$ beginning with
$$ (1,0), $$
$$ (y,1), $$
$$ (2y^2 - 1,2y), $$
$$ (4y^3 - 3y,4y^2 - 1), $$
$$ (8y^4 - 8y^2+1,8y^3 - 4y), $$
continuing forever with
$$ z_{n+2} = 2 y z_{n+1} - z_n, $$
$$ x_{n+2} = 2 y x_{n+1} - x_n. $$
The two separate recurrences come from a single combined recurrence by Cayley-Hamiton,
$$ (z_{n+1}, \, x_{n+1}) = \left( y \, z_n + (y^2-1) \, x_n, \; \; z_n + y \, x_n \right) $$
I have not yet found these polynomials as named sequences, although it is quite likely that they have names. There are, for example, the named https://en.wikipedia.org/wiki/Fibonacci_polynomials although we are not using those. Alright, from comment below, these are the Chebyshev polynomials, the $z_n$ are the FIRST KIND, while the $x_n$ are the SECOND KIND
However, take a real number $t > 0$ so that
$$ y = \cosh t, $$ or
$$ t = \log \left( y + \sqrt{y^2 - 1} \right). $$
Then
$$ (z_n, x_n) = \left( \cosh nt, \; \; \frac{\sinh nt}{\sinh t} \; \right) $$
Here are $z \leq 1000$
z y x
7 2 4
17 3 6
26 2 15
31 4 8
49 5 10
71 6 12
97 2 56
97 7 14
99 3 35
127 8 16
161 9 18
199 10 20
241 11 22
244 4 63
287 12 24
337 13 26
362 2 209
391 14 28
449 15 30
485 5 99
511 16 32
577 3 204
577 17 34
647 18 36
721 19 38
799 20 40
846 6 143
881 21 42
967 22 44
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