Defi Steward

In this episode, we explore the groundbreaking partnership between Defi Steward and Superfluid. Real-time crypto AUM billing is set to transform the world of investment advisory services, providing greater convenience and efficiency for both advisors and clients. Stay tuned for more exciting updates in the realm of decentralized finance. https://www.morningstar.com/news/pr-newswire/20230801ph71536/defi-steward-superfluid-introduce-real-time-crypto-aum-billing-for-rias https://www.superfluid.finance/post/defi-steward-launches-real-time-crypto-aum-billing-for-investment-advisors Learn more at www.defisteward.com. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

In this episode, we dive into the world of decentralized finance (DeFi) and discuss a groundbreaking solution - the Magic Wallet. DeFi eliminates intermediaries, but managing private keys can be daunting. The Magic Wallet, is available at Magic.link, offers a noncustodial approach, ensuring clients' full control without compromising security. With an easy web-to-onboarding experience, seamless interactions, and multi-network support, it simplifies DeFi management. Say goodbye to complex wallets and embrace the Magic Wallet for secure and efficient DeFi experiences. Learn more at defy-steward.com and magic.link. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

Welcome back, crypto advisors! In today's episode, we have some thrilling news from the world of DeFi. DeFi Steward, a leading digital asset platform for financial advisors, has secured a significant grant from Push Protocol to develop groundbreaking DeFi solutions in partnership with Superfluid. The $10,000 grant from Push Protocol's builder grant program aims to support innovative projects in the DeFi space. DeFi Steward plans to leverage the Push Protocol to enhance their on-chain and custodial solutions for financial advisors, improving communication and creating more secure and compliant interactions with clients. The Push Protocol enables on-chain notifications and communication, allowing wallet-to-wallet messaging through text, chat, and even video. These communications are securely stored on a private blockchain, ensuring confidentiality for authorized parties. Some of the proposed use cases for this collaboration include: * Trading Notifications: Automatically generate notifications for price changes, portfolio fluctuations, and other relevant updates. These notifications will be recorded on the blockchain, ensuring transparency and accountability. * Billing Notifications: Facilitate automated billing notifications for clients, providing them with a clear breakdown of fees deducted and enhancing transparency in billing processes. * Channels: Subscribers can access specific channels for updates from DeFi Steward or other firms. This feature allows for tailored messaging and seamless communication. * Secure Messaging: The most exciting prospect is the possibility of utilizing on-chain chat and video messaging for client interactions. Advisors can establish a compliance system to record and store all communications on the blockchain, ensuring data integrity and accessibility for future reference. DeFi Steward is seeking input from advisors to explore additional use cases and create solutions that cater to their specific needs. Advisors are encouraged to engage with Push Protocol and explore the possibilities for incorporating DeFi technology into their practices. The collaboration with Push Protocol and Superfluid Finance presents an incredible opportunity for DeFi Steward to enhance their platform and deliver cutting-edge solutions to financial advisors and their clients. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

When considering a self-directed IRA custodian like American Estate & Trust Company or any other provider, it's essential to conduct thorough research and consider the following factors: * Reputation and experience: Look for a company with a solid reputation and a track record of providing quality services. Consider their experience in handling self-directed IRAs and their understanding of the specific investment options you are interested in. * Range of investment options: Ensure that the self-directed IRA custodian offers the investment choices you desire. Different custodians may have different options available, so it's crucial to verify whether they support the specific alternative assets you wish to invest in. * Fees and costs: Understand the fee structure of the custodian. Some companies charge administrative fees, transaction fees, or asset-based fees. Compare the fees across different custodians to determine the most cost-effective option for your investment needs. * Customer service and support: Consider the level of customer service and support provided by the custodian. It can be helpful to read reviews or seek recommendations from other investors who have used their services. * Compliance and security: Verify that the custodian adheres to regulatory guidelines and has proper security measures in place to safeguard your investments and personal information. It's always a good idea to consult with a financial advisor or tax professional who can provide personalized advice based on your specific financial situation and goals. They can guide you in selecting a self-directed IRA custodian that aligns with your investment objectives and help you navigate the complexities of self-directed IRAs. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

As a financial advisor, it is important to carefully consider the safety of any platform or service that you use for your clients. There is enough uncertainty in crypto without introducing untested custodians to the mix. That is why Defi Steward has partnered with Coinbase Institutional, a safe and reliable platform for buying, selling, and storing cryptocurrency. Here are some reasons why financial advisors use Coinbase for their clients: * Security: Coinbase is a highly secure platform that uses state-of-the-art security measures to protect users' funds and personal information. This includes storing the majority of their assets offline in cold storage, and implementing two-factor authentication, biometric identification, and other security measures. * Reputation: Coinbase is one of the most reputable cryptocurrency exchanges in the industry, having been in operation since 2012. The platform is regulated by various authorities and has established partnerships with reputable financial institutions, making it a trusted option for investors. * Ease of Use: Coinbase has a user-friendly interface that makes it easy for beginners to buy and sell cryptocurrencies. The platform also offers various educational resources and tools to help investors learn more about cryptocurrencies and make informed investment decisions. * Diversification: By investing in cryptocurrencies through Coinbase, investors can diversify their portfolios and potentially achieve higher returns. Cryptocurrencies are known for their high volatility and potential for significant price movements, which can offer opportunities for investors to profit. * Accessibility: Coinbase is available to users in over 100 countries, making it accessible to a global audience. The platform also supports a wide range of payment methods, including bank transfers and credit/debit cards, making it easy for investors to fund their accounts. Financial advisors need established, reputable, and compliant solutions for their firms. Coinbase delivers this, and then some. Defi Steward is a proud partner of Coinbase Institutional, and we are excited to integrate everything they have to offer into your firm! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

For more information on how Defi Steward is helping Registered Investment Advisers navigate the world of crypto and decentralized finance, please visit us at Defi Steward. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

Streaming Payments If you’re looking for real-world use cases of blockchain technology, look no further! Financial advisors can now get paid in real-time through Defi Steward. We have incorporated streaming payments with Superfluid for advisors to receive fees directly from their clients’ self-custodial wallets. * Select the daily rate of your fee. * Enter the number of stablecoins earmarked for fees. * Send the payment to the client for approval. Invoices, billing history, and other compliance tools are available through the firm dashboard. We are currently onboarding firms into our beta version of the software. Please reach out if you would like to see the power of real-time fees. In case you missed it, check out our previous episode with Fran from Superfluid Finance discussing streaming payments! Thanks for reading Defi Steward! Subscribe for free to receive new posts and support my work. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

Imagine receiving your paycheck in real-time, where your salary is delivered to you on a second-by-second basis. What if you could pay your subscription dues the same way, not paying for one minute more of service than you actually used? Blockchain technology has made all of this possible. Known as streaming payments, Superfluid Finance is the driving force behind this revolutionary payment system. In this episode, I speak with Co-Founder Francesco Renzi about current use cases for streaming payments and what problems it can solve in the future. Defi Steward has worked closely with Superfluid to integrate streaming payments for advisors into our software. Stay tuned for additional updates on our revolutionary billing system for RIAs. Thanks for reading Defi Steward! Subscribe for free to receive new posts and support my work. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

Argent doesn’t get to have all the fun around here; swaps on Metamask are now live! You may not want to recommend crypto newbies open a new Metamask wallet (and deal with private keys), but you will run across prospects and clients who are already using it. Metamask opens up a new world of possibilities (and networks) to bring our clients the best on-chain solutions available. Don’t let the good times pass you by, join the Defi Steward Beta today! Resources * Metamask.io * PlannerDAO Crossroads ‘23 Thanks for reading Defi Steward! Subscribe for free to receive new posts and support my work. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

So, your client has a few digital dollars; now what? It’s time to invest. With Defi Steward, you can now send your client a token swap through the 0x protocol. Your client approves each transaction, keeping the RIA compliant, and the CCO happy. If you are new to crypto and not sure what to invest your clients in, there are a few ideas below to get you started. Investments to Research * Ether (ETH) * What is Eth? * Ultrasound Money (check out the FAQs) * Staked Eth * RocketPool * Lido * Yield Options * Aave * Notional Finance Thanks for reading Defi Steward! Subscribe for free to receive new posts and support my work. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

If the collapse of FTX and other shady custodians has taught us anything, self-custodial wallets aren’t the future of crypto — they’re the present. Defi Steward is building these tools now. In this episode, we cover the following: * Why self-custodial wallets are the solution for RIAs * What is the Financial Advisor Defi Toolkit? * Why you should avoid private keys * How to implement social recovery wallets compliantly for your clients * Why your clients need to be comfortable with on-chain transactions * How Argent is the right solution at the right time * How to link your client’s wallet to Defi Steward so you can send them transactions Financial Advisor Defi Toolkit https://www.plannerdao.io/spaces/7534115 Argent Social Recovery Wallet https://www.argent.xyz/ Coinbase Dapp Wallet https://www.coindesk.com/business/2022/06/22/coinbase-redesigns-mobile-wallet-to-add-dapp-browser-as-fees-come-under-pressure/ Thanks for reading Defi Steward! Subscribe for free to receive new posts and support my work. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com

The Defi Drop is the official podcast of Defi Steward that will introduce our new features and functionality. We will discuss how to tackle traditional financial planning issues with Web3 solutions. As financial advisors use Defi Steward to grow their firms and gather new clients, we will tell you how they did it. Things you won’t hear: * Crypto origin stories * Breaking crypto news * How alt-coins should be taken seriously * Yield farming opportunities * Use of the word “bespoke” There is nothing wrong with any of these; just trying to set expectations here. Defi Steward is unlocking the power of decentralized finance for financial advisors. We invite all listeners and readers to share their client stories, provide critical feedback on our software, and challenge our assumptions. And when somebody asks you about Defi Steward, simply tell them: This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit defisteward.substack.com