The Crypto Problem

"Crypto is unnecessarily hard"

For the average person, cryptocurrency and DeFi represent a world of opportunity locked behind an intimidating wall of complexity. Despite the promise of financial inclusion, the reality is that most people cannot participate in this revolution due to unnecessary technical barriers.

Step	What Should Happen	What Actually Happens
Getting Started	Download a wallet and buy crypto	Confusion about dozens of wallet options, fear of scams, uncertainty about KYC requirements
Moving Funds	Transfer crypto to DeFi platform	Anxiety about sending to wrong addresses, shock at gas fees sometimes exceeding $50-100
Finding Opportunities	Choose best yield option	Overwhelmed by terms like "impermanent loss," "AMMs," "liquidity pools," and "rebase tokens"
Managing Investment	Set and forget	Constant worry about protocol hacks, unexpected token devaluations, or governance changes
Withdrawing Profits	Cash out gains easily	Surprise at multiple transactions needed, additional fees, and tax reporting complexities

Real Problems Real People Face

1. The Technical Knowledge Gap

The average person doesn't understand (and shouldn't need to understand):

• Private key management

• Blockchain addresses and verification

• Gas optimization

• Smart contract interaction

• Network congestion

"I accidentally sent my crypto to the wrong address and lost everything. There was no customer service to call." — Average Joe

2. The Language Barrier

DeFi speaks a language most people don't understand:

• What they hear: "Connect your wallet and approve the token to stake in our liquidity pool for optimized APY"

• What they think: "Is this English? Am I being scammed?"

3. The User Experience Nightmare

Most DeFi interfaces assume users:

• Are comfortable with technical risk

• Understand financial concepts

• Can distinguish between legitimate protocols and scams

• Have time to research tokenomics and security audits

• Can manage multiple wallets and passwords without support

"I tried to use a yield farm but I couldn't figure out how to 'approve' my tokens. I gave up after an hour." — Potential DeFi user

3. The Multi-Chain Maze

The fragmentation of DeFi across blockchains creates overwhelming complexity:

• Different wallets for different chains

• Bridging assets with high fees and security risks

• Learning multiple interfaces and token standards

• Managing native tokens for gas on each chain

4. The Cost Prohibitive Reality

DeFi's promise of inclusion is undermined by high costs:

Action	Ethereum Cost	Traditional Finance Cost
Account Creation	$0-50 in gas	Free
Transaction	$5-100+ in gas	Free-$0.50
Failed Transaction	Still pay gas	No cost
Customer Support	Non-existent	Free (phone/chat)

The Result: Massive Exclusion

Despite crypto's promise to "bank the unbanked" and provide financial freedom, the reality is stark...

What Needs To Change

For DeFi to achieve mass adoption, we need solutions that:

1. Abstract complexity - Users shouldn't need to understand the underlying technology

2. Speak human language - No more crypto jargon in user interfaces

3. Provide safety nets - Clear warnings, and protection from common mistakes

4. Reduce costs - Transactions should be affordable for everyone

5. Simplify cross-chain - The blockchain used should be invisible to the user

How Polystream Solves These Problems

Polystream addresses each of these barriers with our innovative approach:

• Familiar Banking Experience with crypto yields behind the scenes

• Fiat On/Off Ramps for seamless deposits and withdrawals

• Gasless Transactions with fees absorbed through efficiency

• Signatureless Transactions with session keys.

• Simplified User Journey reduced from 15+ steps to just 3

By removing these unnecessary barriers, we're making DeFi's benefits accessible to everyone, by introducing a few familiar Web 2 flows into Web 3.

Links

Head to the Crypto-Fiat ramps section to learn more.

Head to the Session Keys section to learn more.