Proof of Usefulness Report

Blockswap network

Analysis completed on 1/15/2026

+12
Proof of Usefulness Score
You're In Business

Blockswap Network (Stakehouse) is a legitimate but dormant DeFi project with negligible adoption despite its 2020 launch. While the technical premise of '60-second ETH staking' and validator management is innovative, the claimed traction ('most people have used my product') is demonstrably false. DefiLlama data confirms Stakehouse TVL is only ~$101,495, indicating virtually zero market fit or usage in the multi-billion dollar liquid staking sector. The project appears to be a 'zombie' protocol with valid code but no active user base.

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Score Breakdown

Real World Utility+40
Audience Reach Impact+5
Technical Innovation+60
Evidence Of Traction+1
Market Timing Relevance+20
Functional Completeness+10
Subtotal+118
Usefulness Multiplierx0.82
Final Score+96

Project Details

Project URL
blockswap.network
Description
Blockswap Labs, a core contributor to the Blockswap Network, is building a suite of products to support the Ethereum Proof of Stake benefits to be accessible for mainstream users and protocols. And solving some of the most challenging problems in Ethereum and its Rollup ecosystem for Defi and Web 3. Blockswap delivered Industry’s first 60-second ETH staking, Keyless recovery for Ethereum Validators, and Restakng collectives via Liquid Staking Derivatives that enable anyone to have a validator for 4 ETH.\n\nWe actively develop fundamental infrastructure for Ethereum staking LSD, MEV - PBS, and Multichain ERC20 for cross-chain bridgeless liquidity for rollups and EVM blockchains.
Audience Reach
everyone
Target Users
everyone
Technologies
Defi, Construction, It Services
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline