Steven Pack

So the Rocketpool vault keeps growing.

It's been great.

I think it's going to continue to grow.

There's over a billion dollars of REs out there and we just hit, you know,

25 million.

So at today's prices.

So there's plenty more of growth to go to do there.

I think this loop default is going to be really, really big one.

If you just think like the amount of ETH holders that got comfortable with staking, have been staking, have been getting comfortable with DeFi and are ready to take the step, like it's quite a lot.

Like whether it's wallets, whether it's centralized exchanges, you know, took them a long time before they would offer staking.

know or any sort of earned product to their customers like so um i think there's going to be a good take up of you know of that vault from those cohorts we'll launch the dedicated liquidity ones i think next is stables so we were already fielding plenty of inbound around stablecoin bolts and

our platform handles them today we're just working out the right balance stablecoin vaults can go from extremely low risk you know four percent to extremely high risk 25 plus percent really depending on the types of strategies so with returns comes comes risk and so really just working out what the right product and what the right allocations are per customer type um

And just to give some insight, like a centralized exchange that holds USDC for its clients are going to want a much lower role as their strategies.

We saw Coinbase, for example, just go with Morpho, which honestly, I think is the wrong choice.

Once you choose a single protocol, it's like, well, as the returns of that protocol go up or down, that's too bad for your users.

That's what they're getting.

I think you do want a neutral layer in between.

That's one of the powers of vaults, where you can choose what are the few protocols that you're comfortable with, but at least give your depositors access to the best of those.

I think there will be a lot more of these sort of earned products.

Every exchange, every wallet that doesn't have one now, they're going to have one in the next decade.