Step Finance

The Front Page of Solana

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Step Finance: The Front Page of Solana

Step Finance has established itself as Solana's premier portfolio tracking and analytics platform since launching in 2021. The protocol combines comprehensive portfolio management, real-time analytics, and seamless DeFi integrations, serving over 350,000 monthly active users. Beyond its core dashboard, Step has expanded through strategic acquisitions into NFT analytics (SolanaFloor), Real World Assets (Remora Markets), and institutional-grade data services. The platform's native STEP token enables governance and fee-sharing through xSTEP staking, with protocol revenues from Step's expanding product suite supporting sustainable tokenomics.

What is Step Finance?

Step Finance serves as a comprehensive gateway to the Solana ecosystem, providing users with powerful tools to track, analyze, and manage their on-chain activities. Originally launched as a portfolio tracker in early 2021, Step has evolved into a multi-faceted platform that combines data analytics, portfolio management, and DeFi functionality into a unified dashboard experience.

The platform's core offering revolves around its ability to aggregate and visualize data from across the Solana ecosystem, covering approximately 95% of all protocols and providing users with real-time insights into their token holdings, DeFi positions, NFTs, and yield farming activities. This comprehensive coverage makes Step Finance an essential tool for both newcomers and experienced users navigating the Solana landscape.

The Step Finance Ecosystem

Step Finance has strategically expanded beyond its initial portfolio tracking focus through several key acquisitions and product launches. The platform now encompasses multiple complementary services:

Step Dashboard serves as the primary interface for users to monitor their Solana portfolio, offering detailed insights into token balances, yield farming positions, and protocol interactions. The dashboard provides real-time updates and historical performance tracking, enabling users to make informed decisions about their digital assets.

Step Analytics builds on the platform's extensive data integration capabilities to provide ecosystem-wide insights and analytics. This service helps users understand broader market trends, protocol performance, and emerging opportunities within the Solana ecosystem.

SolanaFloor specializes in NFT analytics and market data, offering comprehensive coverage of Solana's NFT ecosystem. This acquisition has positioned Step as a leading source of NFT market intelligence.

Remora Markets, Step's latest acquisition, brings regulated tokenized stock trading to Solana, marking the platform's entry into the growing Real World Assets (RWA) sector.

How to Use Step Finance

Getting Started with Step Dashboard

Using Step Finance begins with connecting your Solana wallet to the platform. The dashboard supports major Solana wallets including Phantom, Solflare, and other SPL-compatible wallets. Once connected, Step automatically aggregates all your on-chain positions and activities into a unified interface.

The main dashboard provides a comprehensive overview of your portfolio, including:

  • Total portfolio value in USD and SOL
  • Token balances and their current market values
  • Active DeFi positions across various protocols
  • Yield farming positions and earned rewards
  • NFT holdings and their estimated values
  • Historical performance charts and analytics

Managing DeFi Positions

Step Finance simplifies DeFi management by providing tools to track and interact with various protocols directly from the dashboard. Users can:

Monitor Yield Farming: Track active farming positions across multiple protocols, view APY rates, and analyze historical earnings. The platform provides detailed breakdowns of rewards and helps users identify the most profitable opportunities.

Compound Rewards: Step offers automated compounding features for yield farming positions, allowing users to reinvest their earnings efficiently. The platform charges a modest 0.2% fee on claimed amounts for this service.

Execute Swaps: Through integration with major Solana DEXs, users can perform token swaps directly from the dashboard. Step's swap interface provides competitive rates and access to deep liquidity pools.

Step Finance Features

Portfolio Analytics

Step's portfolio analytics go beyond simple balance tracking, offering sophisticated tools for understanding and optimizing your positions:

Performance Tracking: Monitor portfolio performance across multiple timeframes with detailed charts and metrics. The platform provides insights into value changes, realized and unrealized gains, and historical ROI calculations.

Position Management: View detailed breakdowns of token allocations, protocol exposures, and risk metrics. Users can analyze their portfolio composition and make informed rebalancing decisions.

Transaction History: Access comprehensive transaction logs with detailed information about each interaction, including fees paid, tokens transferred, and protocol interactions.

Data API Services

Step Finance has developed robust data infrastructure to support institutional clients and developers:

Institutional Integration: The Step Data API provides enterprise-grade access to Solana ecosystem data, supporting compliance requirements and enabling sophisticated analysis.

Developer Tools: APIs enable developers to integrate Step's data and analytics capabilities into their own applications and services.

Real-Time Updates: The platform processes and delivers data with minimal latency, ensuring users have access to the most current information.

NFT Portfolio Management

Through SolanaFloor, Step provides comprehensive NFT portfolio management features:

Collection Analytics: Track floor prices, trading volume, and market trends across Solana NFT collections.

Portfolio Valuation: Get real-time valuations of NFT holdings based on current market data and recent sales.

Market Intelligence: Access detailed market analysis and insights to inform NFT trading decisions.

What Makes Step Finance Unique?

Step Finance distinguishes itself through several key advantages:

Comprehensive Coverage: The platform integrates with approximately 95% of Solana protocols, providing unparalleled ecosystem visibility.

Data Accuracy: Step's sophisticated data infrastructure ensures reliable and real-time information across all supported protocols.

User Experience: The platform prioritizes intuitive design and accessibility, making complex DeFi interactions more manageable for users of all experience levels.

Institutional Focus: Step's Data API and enterprise solutions cater to institutional clients, supporting the growing institutional adoption of Solana.

Step Finance Team

Step Finance was founded by experienced blockchain developers and finance professionals, though the team maintains relative anonymity. The project has demonstrated consistent execution and strategic growth since its launch in 2021.

Key team developments include:

  • Expansion to over 20 team members across development, design, and business operations
  • Strategic partnerships with major Solana protocols and institutions
  • Successful completion of multiple acquisitions including SolanaFloor and Remora Markets

Step Finance Roadmap

Step Finance maintains an active development roadmap focused on expanding platform capabilities and improving user experience. Recent and upcoming developments include:

Q4 2024 - Q1 2025:

  • Launch of Remora Markets for tokenized stock trading
  • Enhanced institutional data services through Step Data API
  • Mobile app development and deployment

Future Initiatives:

  • Expansion of RWA offerings through Remora Markets
  • Enhanced DeFi analytics and trading features
  • Additional strategic acquisitions and partnerships

STEP Token and Tokenomics

The STEP token serves as the native utility and governance token for the Step Finance ecosystem. The token incorporates several key features:

Token Utility

Governance: STEP holders can participate in protocol governance decisions through proposal submission and voting.

Fee Sharing: Token holders can stake STEP to receive xSTEP, enabling participation in protocol revenue sharing.

Protocol Discounts: Holding STEP provides discounts on various platform services and features.

xSTEP Staking

xSTEP represents staked STEP tokens and provides several benefits:

  • Receipt of protocol fees from all Step Finance products and services
  • Enhanced governance rights and voting power
  • Access to exclusive features and opportunities

Token Distribution

The total supply of STEP tokens is capped at 1 billion, with the following allocation:

  • Community and Ecosystem: 38.89%
  • Team and Development: 12.79%
  • Foundation: 10.46%
  • Strategic Partners: Various allocations

Security and Audits

Step Finance maintains robust security measures to protect user assets and data:

Smart Contract Security:

  • Regular audits by leading security firms
  • Bug bounty programs to incentivize vulnerability discovery
  • Continuous monitoring and testing of protocol infrastructure

Operational Security:

  • Multi-signature requirements for critical protocol actions
  • Regular security reviews and updates
  • Transparent incident response procedures

The platform has maintained a clean security record since launch, with no major incidents or exploits.

Contents

Note: inclusion in Solana Compass directory does not indicate a recommendation or endorsement of this project, its token(s) or its products. Data sourced with thanks from The Grid to aid in building these pages.

Project Info

Founded: March 2021

Project Assets

Step token icon
Step token (STEP)

The STEP token is the primary token for all Step Finance projects and products. It is utilized for paying transaction fees on the platform, as well as for staking, governance, and other utility functions within the Step Finance ecosystem.

Address: StepAscQoEioFxxWGnh2sLBDFp9d8rvKz2Yp39iDpyT
Documentation
Staked Step icon
Staked Step (xSTEP)

XSTEP is a token representing a claim on STEP tokens staked in the Step Finance protocol.

Address: xStpgUCss9piqeFUk2iLVcvJEGhAdJxJQuwLkXP555G
Documentation

Project Products

Step Finance platform

Step Finance is a DeFi analytics and portfolio management platform on Solana. It offers tools for tracking assets, yield farming, and executing on-chain actions. Key features include a dashboard for viewing positions across protocols, NFT insights, token swaps via Jupiter Exchange, STEP token staking, yield opportunities, transaction history, and detailed SPL token data.

Launched: March 2021
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