Step Finance: The front page of Solana

Introduction

In the previous years the number of crypto users has grown up by more than 8000%, from only 4 millions users in 2015 to more than 420 million users confirmed by the end of 2023.

The numbers does seem big but if you take another point of view, only 0.0524% of the world is in the crypto field, and if you take away the idle users it comes down to less than 0.0221%. Now that's a shocking number, but let's discuss why is the Web3 tech space is struggling to onboard more enthusiastic users.

The blockchain space is huge and we have to accept the fact that most of the people exploring this space are either not instantly captivated by the technology or they grow out of interest due to the complexity in this tech space. Here are some major reasons why the Web3 space is struggling to gain users:

1. UI/UX is not user-friendly enough

2. Complexity in different protocols

3. Not many absolute source of analytics

4. Overwhelming learning curve

Into the 💰Crypto Finance💰

If we speak in the Web3 lingo, we can most definitely say that the crypto market is turning out to be YUUGE!!

In the USA alone, north of $156.56 BILLION volume has been traded in the market with an estimated global market of more than $7.5 Trillion

Crypto finance offers features such as decentralization, transparency, and security. It enables individuals to have full control over their assets, bypassing intermediaries. Smart contracts automate financial processes and eliminate trust issues.

Crypto finance also provides access to global markets, low transaction fees, and the potential for high returns through yield farming, staking, and token investments.

But even with this magnanimous economical potential, crypto is struggling to be the centre of mainstream financial hub and the reasons behind are highly predictable and obvious.

To put it in simplest concepts, there are two major road blocks in the Web3 space:

1. Complex user environment

2. Tracking and managing your personal crypto portfolio

   

But now let's move on from the problem to the solutions🚀

The Environment

The major players and contributors have made worthwhile strides in making the crypto environment user-friendly for the crypto fanatics and newcomers and one of the leading organisations is SOLANA.

SOLANA

Solana is a fast blockchain designed for widespread use. It supports finance, NFTs, payments, and gaming. It operates globally, is open and decentralized, making it versatile and accessible.

Solana's crypto-economic system is designed to create a strong and sustainable economy. It encourages participants to support the security and decentralization of the network by offering incentives. This helps ensure the long-term health and stability of the Solana network.

Analytics and Portfolio

User-friendly and adoptable tools are one of the most aimed goals of the native crypto developers and enthusiasts.

The biggest problems in onboarding everyday investors and every traders onto crypto is to give them a highly developed and manageable portfolio handlers and tools and that's where Step Finance decided to put their efforts.

Step Finance

✨Step Finance is the front page of Solana✨

Step is a Solana-based portfolio dashboard, offering valuable data insights about your wallet and the Solana ecosystem. It simplifies portfolio monitoring by providing information on token balances, AMM LPs, yield farms, and more.

With coverage of around 95% of the Solana ecosystem, Step makes it effortless for users to stay informed about their investments.

But that's a bit too technical and generalised, let's talk about Step Finance in depth in a more layman's language.

What does Step Finance aim to do in Crypto Finance?

Step finance is your one stop crypto dashboard that you need to explore and excel in the Solana Environment🚀

While covering all the aspects of a perfect crypto portfolio such as analytical tools, your NFT gallery, transaction trackers, staking tools, live crypto token analysis & swapping calculators and many more such user centric tools, Step Finance has the potential to make your crypto experience easier and extraordinarily smooth.

All it takes to start your magical journey in the Solana Environment is to just collect your wallet to Step Finance in two easy steps and you are ready to dive deep into the magical world of Crypto💰✨

More into the Step Environment

The Step environment is more than analytical tools and the crypto market, let's talk about some of more interesting initiatives of Step Finance

1. Step Finance

   The Step dashboard provides data on your wallet positions and allows you to perform various on-chain actions such as staking, sending, swapping, compounding, and more. It offers a user-friendly interface to easily manage your assets and take advantage of the functionalities offered by the Solana blockchain.

2. Step Analytics

   Step's Analytics product offers specific data insights for the Solana ecosystem. It provides in-depth analytics and metrics to help users make informed decisions and stay ahead in the dynamic Solana network.

3. Step DAO

   The Step Finance DAO allows users to participate in bounties that contribute to the growth of the Step ecosystem. Users can engage in productive tasks and receive rewards for their contributions. It creates a collaborative environment where community members can actively contribute to the development and expansion of Step Finance.

4. Solanafloor

   Step is the largest NFT data analytics and news website dedicated to Solana. It provides comprehensive insights into the Solana NFT ecosystem, offering analytics, news, and updates.

5. Solana Crossroads

   Solana's first and largest community conference held annually in Istanbul, Turkey.

6. Solana AllStars

   Twice monthly, we host in-person events worldwide, dedicated to educating and introducing newcomers to the Solana ecosystem and Allstars partner products. Inspired by the success of Binance Angels, our goal is to cultivate a thriving community around Solana through engaging experiences.

7. The Next Billion

   Step's podcast spotlights builders and entrepreneurs driving the

8. onboarding of the next billion individuals into the crypto space. With a mission to bring a billion people into crypto, Step excels in the realms of data and content creation, making significant strides toward achieving this ambitious goal.

What lies ahead?

1. Innovative Dashboard Features: Excited to see how Step Finance evolves its dashboard, offering enhanced features for managing wallet positions and executing on-chain actions. The prospect of a continually user-friendly interface on the Solana blockchain is promising.

2. Expanding Analytics Capabilities: Anticipating the growth of Step Analytics, with a focus on providing even more detailed insights into the Solana ecosystem. The ability to make informed decisions through comprehensive analytics and metrics adds significant value for users navigating the dynamic Solana network.

3. Community Engagement through DAO: Looking forward to the continued development of the Step Finance DAO, where community members actively contribute to the ecosystem's growth. The opportunity for users to participate in bounties and receive rewards creates a collaborative environment that fosters engagement and innovation.

4. NFT Insights and News with Solanafloor: Excited about the ongoing contributions of Solanafloor as the largest NFT data analytics and news website dedicated to Solana. The comprehensive insights into the Solana NFT ecosystem, including analytics, news, and updates, showcase Step's commitment to providing valuable resources for the growing Solana community.