What is Marinade?
Marinade is a liquid staking protocol that runs on Solana. The simple use case is that people stake their SOLs in return for mSOL (Marinated SOL) that increases in value over time compared to the SOL. This mSOL tokens could then be used in the world of DeFi to stake or farm liquidity pools.
Approach for the case study:
The scope of this case study is limited to:
Protocol walkthrough of stake and un-stake of SOL Suggestions on UX improvements User Personna
Since is a protocol in the DeFi space, a personna is selected such that it represents the growing population of the block-chain users. Hence, it is ideal not to keep “pro’s” as a discussion point but rather some one who is new and wants to invest in DeFi in general. Name: Aaron
Age: 29
Occupation: Software Developer
Risk Appetite: Medium
Interests in crypto:
Invests in BTC and ETH (~$1000) Wants to try DeFi, away from ETH due to gas fees have some SOLs to try our DeFi User Centered Design & Product Features (Check google slide below on the personna journey):
In the google slides embedded below, the focus is on the user journey through the UX scope.
Discovery is an essential on any new platform introduction and thus the emphasis is given on how easy it is for a user to interact with the marinade platform. Considerations are given for the personna mentioned above so that the whales and other experienced investors also gets covered in this journey although the journey they take will be much smoother.
As a liquidity staking platform and the intentions to move towards DAO in future, I have taken liberty in reviewing the concepting as well, giving suggestions on certain journey.
Case Study:
Note: Watch in full screen for better experience
For more information, reach out to anbknaga#0418 in discord.