EthereumZuri.ch 2025

Nicolas Oderbolz

Nicolas Oderbolz is an Economist with the Center for Cryptoeconomics. He is interested in the mechanism design of staking protocols and in collaboration with industry partners has developed several models and simulations in this domain. He holds a Master’s degree in Economics from the University of Zurich.


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Center for Cryptoeconomics


Session

01-31
09:50
20min
"The proposed change in ETH staking yields and its impact on different staker types"
Matthias Hafner, Nicolas Oderbolz

What is the impact of a reduction in staking yields on stakers, and how does it affect the market share of different groups? Could it lead to increased concentration? Using game theory, empirical research, and simulations, we analyze how changes in staking yields influence various staker types: Solo Stakers, Decentralized Staking Service Providers, and Centralized Staking Service Providers. We explore the conditions under which certain types gain market share and examine the potential implications for concentration.

Industry / Infrastructure
Beam Stage