Interview with Julien Bouteloup of Stake Capital

      We asked Julien‘s opinion regarding several topics such as decentralization, incentivisation, challenges and DeFi in context of our Staking Ecosystem Case Study.

      Stake Capital is your partner to effortlessly and trustlessly  participate in emerging digital economies. They provide highly available  and secure blockchain validation services for all the leading  proof-of-stake networks.

      SR: In your opinion, How do we ensure and incentivize further decentralization within the staking ecosystem?  

      JB: I think it should be a mixture of different infrastructure designs across Staking-as-a-service providers and have sufficiently politically decentralized groups.

      SR: What are the biggest challenges for Proof of Stake and Staking, that we still have to overcome or may still face?

      JB: Find good incentive mechanisms without losing ground on decentralisation.  

      SR: What do you consider to be the most important aspects to attract delegators to your staking service?

      JB: Daily communication and tools such as rewards check or bots.

      SR: Which upcoming protocol projects are you most excited about and why? Is there a protocol no-one is paying attention to but should?

      JB: Algorand, Polkadot and dFinity.

      SR: Do you believe decentralized finance implications will replace traditional finance and it’s products within the next 10 years?

      JB: It will not replace it but give an alternative solution to people. Open internet needs open finance.

      SR: Currently around $6 billion is locked in Staking. Can you ballpark this value for in one year? Currently around $0.5 billion is locked in DEFI. Can you ballpark this value for in one year?

      JB: Ethereum will bring ~$30B liquidity into the existing ~$20B staking marketcap and other such as Polkadot ($1B marketcap) will bring more liquidity as well. I would expect 30% to be staked so we have ~10B locked in staking in one year.

      DeFi will have the major bull run as everyone is currently building on DeFi. I would expect $2B locked in DeFi in one year.

      About The Author

      Staking Rewards Research

      is a team of analysts dedicated to analyzing the economics, profitability, risks, and yield potential of various cryptocurrencies.