Geodetic strain rate as derived from Global Navigation Satellite System (GNSS) station velocities is the rate of deformation in the crust (distance change combined with rotations and elevation changes) within a corresponding time. GNSS-derived strain rates are of great importance for Solid Earth Sciences, for example, in seismotectonic and geodynamic studies for comparison to stress fields and rates of earthquake occurrence or interpretation of plate motion characteristics, i.e. in plate boundary areas. Within the EU Horizon 2020 project EPOS-IP (European Plate Observing System-Implementation Phase) WP10 (GNSS thematic core services) a series of GNSS-derived strain rates products for Europe is envisaged. The project is currently in the last steps of the Implementation Phase before reaching the Operational Phase in 2020. We will present the status of the planned strain-rate product. This includes an overview of anticipated data input and output, methods for strain rate calculation and suggestions for the strain rate data portal. We will also raise a few open questions that we would like to discuss and for which we anticipate fruitful feedback from the EUREF community.