Are you currently enrolled in a University? Avail Student Discount 

NextSprints
NextSprints Icon NextSprints Logo
⌘K
Product Design

Master the art of designing products

Product Improvement

Identify scope for excellence

Product Success Metrics

Learn how to define success of product

Product Root Cause Analysis

Ace root cause problem solving

Product Trade-Off

Navigate trade-offs decisions like a pro

All Questions

Explore all questions

Meta (Facebook) PM Interview Course

Crack Meta’s PM interviews confidently

Amazon PM Interview Course

Master Amazon’s leadership principles

Apple PM Interview Course

Prepare to innovate at Apple

Google PM Interview Course

Excel in Google’s structured interviews

Microsoft PM Interview Course

Ace Microsoft’s product vision tests

1:1 PM Coaching

Get your skills tested by an expert PM

Resume Review

Narrate impactful stories via resume

Affiliate Program

Earn money by referring new users

Join as a Mentor

Join as a mentor and help community

Join as a Coach

Join as a coach and guide PMs

For Universities

Empower your career services

Pricing
Product Management Improvement Question: Simplifying Zapper's DeFi dashboard for new users

What features could be added to Zapper's DeFi dashboard to simplify complex transactions for newcomers?

Product Improvement Medium Member-only
User Experience Design Feature Prioritization Blockchain Knowledge Fintech Blockchain Decentralized Finance
User Experience Product Improvement Fintech DeFi Blockchain

Introduction

To simplify complex transactions for newcomers on Zapper's DeFi dashboard, we need to identify key features that can enhance user experience and reduce barriers to entry. I'll approach this by analyzing user segments, pain points, and potential solutions, keeping in mind the unique challenges of the DeFi space.

Step 1

Clarifying Questions (5 mins)

  • Looking at the product context, I'm thinking Zapper might be targeting a mix of crypto-curious newcomers and experienced DeFi users. Could you help me understand the primary user base we're focusing on for this improvement?

Why it matters: Determines the complexity level and educational components needed in our solutions. Expected answer: Primarily crypto-curious newcomers with some basic understanding of cryptocurrencies. Impact on approach: Would focus on simplifying concepts and providing more guidance rather than advanced features.

  • Considering user behavior, I'm curious about the most common transactions newcomers attempt. What are the top 3-5 DeFi actions users typically engage with on Zapper?

Why it matters: Helps prioritize which transactions to simplify first. Expected answer: Swapping tokens, providing liquidity, and staking are the most common actions. Impact on approach: Would focus on streamlining these specific transactions in our solution.

  • Regarding pain points, I'm wondering about the current user journey for completing a transaction. Could you walk me through the steps a newcomer typically goes through to complete a swap on Zapper?

Why it matters: Identifies specific areas where users might get confused or drop off. Expected answer: Users need to connect wallet, select tokens, approve transactions, and confirm on their wallet, often getting confused by gas fees and slippage. Impact on approach: Would focus on simplifying these steps and providing more context around complex concepts.

  • Thinking about the product lifecycle, where does Zapper stand in terms of market adoption compared to competitors? Are we looking to rapidly expand the user base or focus on retention?

Why it matters: Influences whether we prioritize onboarding features or advanced capabilities. Expected answer: Zapper has a solid user base but is looking to expand, especially among newcomers to DeFi. Impact on approach: Would balance between simplifying for newcomers and maintaining advanced features for existing users.

Tip

At this point, you can ask interviewer to take a 1-minute break to organize your thoughts before diving into the next step.

Subscribe to access the full answer

Monthly Plan

The perfect plan for PMs who are in the final leg of their interview preparation

$99 /month

(Billed monthly)
  • Access to 8,000+ PM Questions
  • 10 AI resume reviews credits
  • Access to company guides
  • Basic email support
  • Access to community Q&A
Most Popular - 67% Off

Yearly Plan

The ultimate plan for aspiring PMs, SPMs and those preparing for big-tech

$99 $33 /month

(Billed annually)
  • Everything in monthly plan
  • Priority queue for AI resume review
  • Monthly/Weekly newsletters
  • Access to premium features
  • Priority response to requested question
Leaving NextSprints Your about to visit the following url Invalid URL

Loading...
Comments


Comment created.
Please login to comment !