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Steven Pack

๐Ÿ‘ค Speaker
397 total appearances

Appearances Over Time

Podcast Appearances

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

It has to make sense.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

It's got to be quid pro quo.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

The person holding the token has to have something at risk and they have to get something for it.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

RocketPool actually has a big tokenomics revamp launching, I think in five days, maybe February 9, which is kind of exactly that actually, that the RPL token, which has had a, had a bad run, but it's getting some real utility that it earns holders a share of protocol revenue.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

And, but you need to do things.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

So you need to stake it.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

You need to vote.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Like that's one thing that that protocol values a lot is.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

participation and kind of lets you choose how much exposure you want to the rpl versus how much you want to just native x so you can kind of choose how aligned you want to be to the protocol how much risk you want to take and how much more you want to get so yeah that's that's just about to launch we'll see we'll see how it goes i think it's a really innovative model but yeah there are models out there um but

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Yeah, we haven't had to utilize them yet because we've got a good product in the market.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

It has product market fit.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

DD your investors and see what their actions have been with prior teams' tokens.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Yes.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

That is an important thing to know.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Great.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Actually, Sam, I realized I didn't tell you something about the Lido stuff.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

those like st volts that solve that problem of you know choosing your like the choosing the native staker and who you're going to stake with and all of that but still being out access liquidity so we we wrap that up into a loop default right so it's a vault people can deposit into but actually we have a product coming soon um

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

that is basically wrapping all of that up.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Like the way Lido have sort of packaged it, it's still kind of like raw.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Like you have to deploy your own smart contract and you have to like set it all up.