Business Case

ScalingCustomer Experienceat ether.fi

From Reactive Support to a Trust-Driven DeFi Experience

by Luca Luperto— Operation & Escalation Manager | Binance

The Opportunity

Why CX Is Critical Now

CX is not a cost center — it's a revenue function. In DeFi, trust is the product.

$0.0B
Total Value Locked
DeFiLlama, Apr 2025
Top 3
DeFi Protocol Globally
by TVL, DeFiLlama
>0M
Total Raised
DeFiLlama

Why CX is a Revenue Function

DeFi users compare, post, and leave publicly; trust is the product
Cash card brings non-native users expecting "TradFi" level support
At $5.7B TVL: Even a 1% drop in users = millions in lost deposits

What This Analysis Covers

Real user journeys and support experience
Key pain points impacting trust and retention
Practical actions to improve CX and scale support
User Analysis

Key Customer Journeys

Four critical user paths where trust is built — or broken.

01

Onboarding → Staking

GoalStart earning yield
ObsUsers are exposed to multiple similar yield options early
FrictionHigh decision complexity at first interaction
InsightEarly decision making increases drop-off risk
02

Restaking

GoalMaximize yield through additional strategies
ObsMultiple restaking options with different mechanics
FrictionLimited clarity on how rewards are generated
InsightUsers struggle to evaluate risk vs return
03

Cash Card Usage

GoalSpend crypto seamlessly
ObsCard functionality is distributed across Vault and Card sections
FrictionSpending vs borrowing not clearly visible
InsightUsers may act without full awareness of financial implications
04

Withdrawal / Redemption

GoalAccess funds
ObsWithdrawal is accessed through a generic "Send" action
FrictionWithdrawal flow is not explicitly defined
InsightUnclear exit paths can reduce user confidence
User Insights

User Sentiment & Experience Gaps

Excitement is high, but confidence drops when mechanics and outcomes are not obvious.

Chat Support

Delayed support reduces early user confidence

Discord

Users question reward accuracy and transparency

Reddit

Card value compared unfavorably to competitors

What users value

  • Premium card experience and cashback
  • Integrated earn + spend ecosystem
  • Ability to use crypto productively

Where users struggle most

  • Product complexity across vaults, rewards and card flows
  • Unclear outcomes in withdrawals and vault performance
  • Delays around physical cards
?

What users don't understand

  • How rewards are calculated and distributed
  • Borrow vs Direct Pay mechanics
  • How to interpret APY and actual returns

Sources: Public community channels (Reddit, Discord), Help Center, product walkthrough

Live Audit

Support Experience: What I Found Firsthand

Live audit on April 2, 2026 — real interaction, real timestamps. Not assumptions.

What Works

Live chat available: human agents reachable
Agent was competent
CSAT emoji survey at ticket close: feedback loop already in place
Bot triage structure exists: product category selection is a solid foundation
Help Center articles exist on key topics: good base to scale from

What Breaks Trust

highSLA broken: "Under 3 minutes" stated. First Reply time after 20 minutes
highLanguage ignored: wrote in Italian, received reply in English: CS must adapt to user, not reverse
mediumNo "minimize the chat" button: users fear losing queue position
mediumZero empathy on agent side: CS should be more human and less robotic (QA improvement areas)
lowRed for promotions: "Dine Different" promo uses red — signals error, not excitement
The Framework

A Scalable CX Strategy Built on Trust

Customer experience should reduce uncertainty at every step of the journey.

1
1

Clarity

Make the product understandable

  • Simplify how rewards, vaults and card flows are explained
  • Improve onboarding to guide early decision making
  • Reduce reliance on external sources (Reddit, Discord)
Target: Deflection rate +20% within 60 days
2
2

Speed

Reduce uncertainty in critical moments

  • Align support SLAs with real performance
  • Improve first response time and resolution time
  • Enable faster self-service through better FAQ & bot flows
Target: FRT <5 minutes standard
3
3

Continuity

Create a consistent user journey

  • Introduce case ownership and conversation tracking
  • Ensure seamless transitions between bot and human support
  • Maintain context across interactions
Target: CSAT >95% / 0 re-explanations per ticket
Tiered CX

Communicating Withdrawals Across User Tiers

Tiered CX is not luxury — it is retention math.

Regular Users
Channel

Self-serve + Help Center + Discord

In-app banner

Before withdrawal: 'Expected: instant / up to 14 days if liquidity is low'

Help Center

'Why did I receive less than deposited?' — plain language FAQ

Live tracker

Real-time queue position + ETA visible from portfolio page

Bot trigger

Automated Discord reply to 'pending withdrawal' keyword with link

Push alert

Notification when withdrawal completes

VIP / High-TVL
Channel

Dedicated Telegram/Slack with named CX contact

TVL >$50K (assumption — to confirm with founders)
Proactive

Outreach if withdrawal takes >4h: 'Your request is in queue, ETA X, here's why'

Monthly

Vault performance summary in plain language before they ask

SLA

First response <5 min, resolution same day

Escalation

Direct path to Product if technical issue detected

Institutional
Channel

Dedicated account manager, weekly sync call

DAO treasury, hedge fund, family office
Pre-withdrawal

Liquidity forecast 48h before large redemptions

Post-withdrawal

Performance report: yield, fees, reconciliation

Integration

API-based status webhook for treasury management systems

SLA

Fast response, direct escalation to Engineering

Scaling Plan

High-APY Vault Launch — TVL Doubles in 30 Days

CX must be in the room before launch — not called to manage the fallout after.

Week -2

PREPARE

  • Brief with Product: vault mechanics, edge cases, expected APY variance
  • Write top 10 FAQ for the vault. Publish day 0 in Help Center
  • Pre-build 15 macros for predicted ticket categories
  • Identify 2 surge agents (contractors or cross-trained internal)
  • Agree escalation SLA with Product + Engineering in writing
Weeks 1–4

MONITOR

  • Daily triage: categorize every reward/withdrawal ticket within 2h
  • Same issue 5+ times in a day: flag to Product same day as bug or doc gap
  • War room: daily 15-min standup CX + Product + Eng, first 2 weeks
  • Proactive Discord post if APY deviates >10% from marketed rate
  • VIP users: individual outreach if withdrawal takes >24h
Week 5+

ITERATE

  • 30-day retro: top ticket categories root cause with Product
  • Every repeated ticket category → Help Center article or UI fix
  • Target: ticket deflection rate +20% within 60 days post-launch
  • Stand down surge agents when FRT returns to <5 min baseline
  • Publish findings to founders as 'CX Learnings Report'
Operating Model

How I Would Run CX at ether.fi

CX is a function, not a cost center. It turns user pain into product velocity.

Team Structure

Day 1

CX Manager
Strategy, metrics, cross-functional, VIP ownership
L1 Agents (2–3)
Chat + Discord, first contact resolution, triage
Product Liaison
Weekly sync top 3 CX signals into Product backlog
Community Moderation
Discord/Telegram; escalation to L1 on pattern detection

Assumption: current team exists, I map and reinforce their strengths first

Cross-Functional Rhythm

DailyTicket triage review; flag blockers, tag by category
WeeklyCX report to founders (FRT, CSAT, top 5 ticket categories, trend)
Weekly'Top 3 CX signals' shared to Product standup. Voice of the user
MonthlyJoint retro with Product: recurring issues, root cause, roadmap fix
QuarterlyCX health review: CSAT trend, churn signal, VIP retention

Tooling Priorities

Ticketing
With tagging, case ID, SLA alerts
Bot/AI
Upgrade FAQ bot with semantic search + contextual suggestions
VIP Channel
Telegram/Slack private channel for top 20 TVL users
Language
Auto-translate integration — user language = support all languages
Analytics
Weekly dashboard: FRT, CSAT, deflection rate, VIP churn, QA, Resolution Rate
QA
Improvement and KPIs implementation
KPIs

The 5 Metrics I Own and Report Weekly

<5m
FRT
First Reply Time
Speed = trust in DeFi.
>96%
CSAT
Customer Satisfaction
Optimising all channels.
>40%
Bot Resolution
Self-Service
FAQ/bot resolutions.
>95%
QA Score
Quality Assurance
Ensuring quality and customised service.
<30m
Resolution Time
Full Resolution
Be solution oriented.
Execution Plan

First 30 Days: Prioritized Roadmap

Week 1: understand. Week 2: fix fast. Week 3: protect retention. Week 4: build to scale.

Week 1

Listen

Shadow

Every support channel (chat, Discord, tickets)

Read

Last 200 closed tickets, tag by category

Meet

Product, Marketing, Engineering and understand roadmap

Audit

Tooling, macros, bot flows, current SLAs

Output

Written diagnosis + priority list to founders by Friday

Week 2

Fix Fast

Write

5 Help Center articles for top pain points

Implement

Case ID + ticket ownership system

Rewrite

Top 10 macros — empathic, context-aware, no generic deflection

Deploy

Bot trigger for 'withdrawal pending' and language detection

Fix

Promo UI colors; brief Marketing on trust signal impact

Week 3

Protect

Identify

Top 20 TVL users, set up VIP Telegram channel

Launch

Weekly CX report to founders (FRT, CSAT, top tickets)

Define

Internal escalation matrix for complex cases as in Binance

Activate

CSAT survey on ticket close + first CSAT baseline

Align

SLA messaging in chat widget to match real performance

Week 4

Scale

QA

Weekly ticket review framework + agent scoring rubric

Loop

'Top 3 CX signals' into Product standup weekly

Review

30-day data to founders + 60-day roadmap

About

Luca Luperto

Luca Luperto

Escalation & Operations Specialist

Binance

Product and operations-focused professional with experience driving cross-functional initiatives, escalations and performance metrics in high-volume blockchain environments. Led customer support operations with focus on user protection and process optimization across wallet and DeFi operations.

Crypto Operations, Blockchain & DeFi
Incident & Escalation Management
KPI Ownership & Data-driven Decisions
Stakeholder Engagement
Jira & Confluence (Atlassian Suite)
Crypto Wallet Ops (Custodial & Non-custodial)
Cross-functional Collaboration
Team Leadership

Work Experience

Escalation & Operations Specialist

Binance

January 2025 – Present
  • Handle complex, high-impact escalations beyond standard support flows, involving wallet operations, risk, security and compliance constraints, tracked and documented through Jira and Confluence.
  • Lead operational initiatives focused on resolution efficiency, user protection and tooling improvements across crypto products, including wallets and DeFi-related workflows.

Security Operations Taskforce (Trust Wallet)

Binance

December 2025 – January 2026
  • Supported Trust Wallet during a critical security incident, coordinated via Jira and Confluence.
  • Involved in wallet security operations, blockchain transaction monitoring and on-chain investigations to trace compromised funds and support user recovery in a non-custodial wallet environment.

Spanish and LATAM Team Lead

Binance

May 2024 – January 2025
  • Managed a team of ~60 agents across multiple regions.
  • Owned team performance and KPIs achieving CSAT +4% above 97% target and QA +3% up to 98%.
  • Acted as escalation point for complex, high-impact cases requiring decision ownership and risk-aware judgment.

Italian and EU Shift Leader

Binance

August 2022 – May 2024
  • Led a team of ~45 agents supporting Italian and EU customers across crypto products.
  • Handled complex user cases escalated beyond frontline support, coordinating resolutions with internal business units.
  • Positioned the Italian team among top performers in EU KPIs over a two-year period.

Customer Support Specialist

Binance

December 2021 – August 2022
  • Provided multilingual crypto customer support, handling high daily ticket volumes and consistently meeting CSAT, QA and resolution targets.

Education

Bachelor's in Economics & Management

University of Roma Tor Vergata

2016 – 2020

Thesis on market efficiency and its measurement.

Certifications

  • Global Sanctions
  • Privacy & Data Protection
  • Crypto Market Conduct
  • Conflict of Interest & Legal Hold

Contact & Languages

Email

luperto.luca.94@gmail.com

Phone

+39 333 8280273

Location

Lecce, Italy

Languages

Italian (Native) · English (Fluent)