Designing to reduce concentration risk in staking at early stage Emeris

Designing to reduce concentration risk in staking at early stage Emeris

Overview

A single interface for a fragmented blockchain landscape

A single interface for a fragmented blockchain landscape

Emeris unified access to Cosmos ecosystem, enabling users to earn passive income through staking. But uncertainty kept most people from participating.

Role

Interface Designer

Domain

Financial

Technology

The challenge

Designing for fear, not just functionality

Designing for fear, not just functionality

The problem isn’t only the complexity of blockchain mechanics. It is the accumulated uncertainty created by an industry where scams, unclear information, and irreversible mistakes are common.

Concentration risk

Staking platforms required choosing one validator for all funds. If that validator had issues downtime, poor performance your entire stake was exposed.

Psychological barrier

Users lacked confidence to commit, not understanding of how staking works.

Approach

Research under restrictions

Research under restrictions

User research

User research

With a 2 week timeline and crypto users' privacy concerns, traditional interviews weren't feasible. I researched discussions on Twitter, Discord, Telegram, and crypto forums

This research revealed several barriers

This research revealed several barriers

Fear about losing assets

Fee structure unclear

No hints when something is unclear

Lack of validator information

No clear action steps (presence of jargon)

Competitive landscape analysis

Competitive landscape analysis

I analysed existing staking platforms (Polkadot, Binance Staking, Keplr Wallet) to understand current market solutions.

This analysis revealed:

  • Information overload. Platforms showed 8+ technical metrics. Required experienced level.

  • Forced concentration risk. Platforms required choosing one validator for entire stake and if that validator had issues (downtime, poor performance), user's stake was exposed.

But Emeris targeted average experience users:

  • Active crypto users with wallets

  • Understand staking fundamentals

  • Not blockchain infrastructure experts or complete beginners

Large and scaled platforms like Binance and Polkadot serve primarily experienced users and have infrastructure to support complex data display. Their technical audience expects comprehensive metrics.

These insights shaped two core design principles

These insights shaped two core design principles

These insights shaped two core design principles

Designing for confidence, not comprehension

Guide decisions

Simplifying validator selection

Simplifying validator selection

Instead of overwhelming users with technical metrics, I focused the interface on three factors users actually care about: reliability, commission, and performance. Clear visual hierarchy made the decision feel manageable, not overwhelming.

Enter amount

Enter amount

After users select a validator and enter an amount, the interface shows their current state: single validator concentration.

The hidden problem

All your risk tied to a single decision

All your risk tied to a single decision

On that moment staking platforms typically required you to choose one validator for all your digital assets. This means if that valdiator has issues (downtime, penalties, poor performance), your entire stake is exposed. You can't spread risk. You can't hedge. You're locked into one choice.


This concentration risk kept cautious users on the sidelines, even when returns were attractive.

The solution

Add and display a feature for adding multiple validators via the interface so that diversification is perceived as progress rather than complexity

Add and display a feature for adding multiple validators via the interface so that diversification is perceived as progress rather than complexity

Building confidence through transparency

Building confidence through transparency

Before final confirmation, users review their complete distribution across validators. Seeing the full picture before committing increased user confidence.

Outcomes

Outcomes

Platform growth

  • User interest and early access requests increased several fold as staking features launched

  • Emeris became one of the first retail platforms in Cosmos offering multi validator distribution

Feature validation

  • Addressed the primary psychological barrier from research a fear of losing assets

  • Enabled users to distribute stake across validators, reducing concentrated risk and providing safer staking experience

Learnings

Learnings

This project taught me about designing for trust in high stakes environments. When users fear mistakes, psychological barriers matter more than feature counts.

  1. Less can beat more when it's the right less. This taught me that strategic constraint isn't compromise, it's differentiation when aligned with what users actually need.

  1. Users' stated problems aren't always the real problems. During research I expected to find confusion about staking mechanics based on forum complaints, but discovered psychological barriers instead. This taught me to dig deeper than surface to find underlying needs.