Part 2: Institutional Staking-As-A-Service (A Deep Dive) w/ Joe Buttram from EON Staking (Ep. 0047)
Publisher |
Clay Collins
Media Type |
audio
Categories Via RSS |
Business
Investing
Publication Date |
Jun 14, 2019
Episode Duration |
00:49:49

Welcome to this second and final installment of this deep dive on institutional cryptoasset staking, staking as a service, and leveraging staking to generate returns. My guest today is Joe Buttram, founder and CEO of EON Staking.

This two-part deep dive is divided into four chapters: 

- Chapter One: What staking is and a step-by-step process for doing it- Chapter Two: The ins and outs of the institutional “staking-as-a-service” business model - Chapter Three: The regulatory landscape around staking and how the IRS, the SEC, and the CFTC view staking - Chapter Four: What the future of staking and staking based blockchains might look like

Chapters 1 and 2 were covered in the previous episode. In today's episode, we finish up chapter 2 and dive into chapters 3 and 4.

We discuss:

  • How staking-as-a-service providers make money
  • How EON communicates its philosophy and actions to users 
  • How the legal agreements that EON has with its customers work 
  • How and why stakers can lose money via slashing
  • How EON protects customers from slashing 
  • How EON developed their legal model 
  • EON’s in-house legal counsel 
  • What makes clients choose EON, rather than a competitor 
  • Which laws and agencies EON’s services are regulated by 
  • The tax situation for EON’s business model 
  • How SEC, FinCEN, and CFTC regulations apply to staking-as-a-service providers
  • What the future looks like for staking and staking based blockchains
  • Big shifts that EON may need to adapt to in the future 

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