diff --git a/book/src/SUMMARY.md b/book/src/SUMMARY.md
index aef62463dfd23f..704b30dc7ca83b 100644
--- a/book/src/SUMMARY.md
+++ b/book/src/SUMMARY.md
@@ -57,3 +57,4 @@
   - [Leader-to-Validator Transition](leader-validator-transition.md)
   - [Cluster Test Framework](cluster-test-framework.md)
   - [Testing Programs](testing-programs.md)
+  - [Staking Accounts](staking-accounts.md)
diff --git a/book/src/staking-accounts.md b/book/src/staking-accounts.md
new file mode 100644
index 00000000000000..c13b7864f9cc82
--- /dev/null
+++ b/book/src/staking-accounts.md
@@ -0,0 +1,41 @@
+# Staking Accounts
+
+The [Stake Delegation and Rewards] achitecture won't scale well when many
+stakers delegate their stakes to the same fullnode. The fullnode must send a
+separate vote to each staking account. If there are far more stakers than
+fullnodes, that's a lot of redundant network traffic. The problem stems from
+the assumption that slashing could only be implemented from the the account
+used to collect votes and it therefore must hold the stake.  That assumption
+doesn't hold water. Stake only needs to be tied to the account that implements
+slashing conditions. A separate voting account can be submitted to the staking
+account as evidence that the stake must be slashed. This proposal splits
+today's `Vote` account into two accounts, such that a VoteSigner only needs to
+submit votes to one account, an account which it created itself.
+
+## The Stake program
+
+Today's Vote program and its VoteState should be split into two. A new Stake
+program will host the `delegate_id` and `authorized_voter_id` in a new struct
+called StakeState, while all Locktower state will remain in VoteState. The
+`authorized_voter_id` field should be renamed to `voter_id`, indicating no
+authorization is required for the voter to submit votes.
+
+In VoteState, `credits` should be replaced with `num_votes_popped`, a
+monotonically increasing counter that is initialized to zero with the VoteState
+is created. StakeState should also have a `num_votes_popped` that's updated to
+`VoteState::num_votes_popped` when `StakeState::voter_id` is set and any time
+the staker goes to the Rewards program to claim a reward. Both the staker and
+voter should be rewarded for each vote popped during the time that the staker
+backed the voter.
+
+## Changes to the Rewards program
+
+The Rewards program will need a few small changes. Currently, the owner of the
+voting account signs a transaction with a
+`RewardsInstruction::RedeemVoteCredits` and `VoteInstruction::ClearCredits`.
+That should be replaced with a transaction signed by the staking account
+including a `RewardsInstruction::ClaimVotingRewards` and a
+`StakeInstruction::UpdateVotesPopped`. The Rewards program should add lamports
+to both the staking and voting accounts. How much exactly is outside the scope
+of this document.
+