Rainmaker - DeFi for Everyone

Rainmaker: Revolutionizing DeFi Investing with a Simple and Fast Crypto Wallet

In the fast-paced world of decentralized finance (DeFi), navigating the complexities of investing and managing positions can be a daunting task for many. However, Rainmaker, a New York-based startup founded in 2022, aims to change this narrative. With their innovative account abstraction-based crypto wallet, Rainmaker simplifies the process of investing in DeFi, making it accessible to everyone. In this article, we will explore the features, benefits, and impact of Rainmaker in the DeFi landscape.

Meet the Founders

Rainmaker was founded by Carlos Reyes Stoneham and Brent Traut, two seasoned professionals with extensive experience in both the crypto and consumer product domains. Carlos, the driving force behind Rainmaker, brings a background as a former Product Manager and Engineer. Brent, with over 20 years of industry experience, has a keen eye for polished user experiences, having worked at companies like Apple, Microsoft, and Pinterest. His recent role as VP of Engineering contributed to scaling trade volume from <$200M to $12B. The founders' collective expertise positions Rainmaker for success in the DeFi space.

Rainmaker's Mission and Vision

Rainmaker's primary objective is to revolutionize DeFi investing by eliminating unnecessary technical nuances and simplifying complex concepts. The startup recognizes the challenges that ordinary users face when attempting to engage with DeFi platforms, such as the steep learning curve, fiat onramps, gas fees, and security concerns. Rainmaker envisions a future where DeFi investing is as simple as a few taps on a mobile device, making it accessible to a wider range of users.

Addressing the Complexity Problem

Rainmaker acknowledges the complexity of investing in DeFi and breaks it down into three key areas: setup, tooling, and education; on-ramping; and investing. The startup aims to simplify each of these stages to empower users and enhance their overall DeFi experience.

Setup, tooling, and education: Rainmaker recognizes that setting up a wallet and understanding the intricacies of DeFi can be overwhelming for most users. Seed phrases, security hygiene, and token allowances often present significant barriers. Rainmaker streamlines this process by offering a user-friendly interface and comprehensive educational resources.

On-ramping: Rainmaker simplifies the process of entering the DeFi world by providing instant onramps that enable users to seamlessly transfer funds from their bank accounts to the crypto wallet. By eliminating intermediaries and complex procedures, Rainmaker enhances accessibility and convenience.

Investing: Rainmaker's ultimate goal is to enable users to execute their investment strategies effortlessly. By leveraging account abstraction and integrating with top protocols such as Lido, Stargate, Synapse, and Vector, Rainmaker enables one-click entry and exit from various DeFi strategies without gas fees. This reduces the risks associated with unclear positions, improves security, and maximizes capital efficiency.

The Innovative Rainmaker Product

At the heart of Rainmaker's offering is their account-abstraction-based mobile crypto wallet. This innovative solution simplifies the lengthy and complex process of investing in DeFi to just a few taps on a mobile device. Rainmaker employs multi-party computation (MPC) and smart contracts to ensure secure self-custody of funds, allowing users to log in with just an email address. The seamless integration of instant onramps facilitates direct transfers from users' bank accounts to the DeFi ecosystem.

Rainmaker's true differentiation lies in its powerful integrations with top protocols. These native integrations enable users to effortlessly enter and exit DeFi strategies with a single click, eliminating the need for multiple transactions and associated gas fees. The wallet's position automations precisely track key metrics such as gains/losses, rewards collected/expected, and changes in underlying risk.

With Rainmaker, users can enjoy the benefits of compounding rewards for maximum capital efficiency. By automating these processes, Rainmaker empowers users to make informed investment decisions while saving time and effort. The intuitive user interface and seamless experience provided by Rainmaker make it a go-to platform for both novice and experienced investors.

Rainmaker is designed with accessibility in mind. The mobile-first approach ensures that users can manage their investments on the go, giving them the flexibility and convenience they need. The platform is available on iOS, Android, and web, ensuring compatibility with a wide range of devices.

The Impact of Rainmaker

Rainmaker's entry into the DeFi landscape has the potential to transform the way people invest and manage their assets. By simplifying the onboarding process and removing technical barriers, Rainmaker opens the door for a broader audience to participate in DeFi. This democratization of access to decentralized finance can have far-reaching implications for the financial industry as a whole.

Increased Participation: Rainmaker's user-friendly interface and simplified investment process encourage more people to enter the DeFi space. As a result, we can expect a surge in the number of individuals exploring and investing in decentralized applications, leading to increased liquidity and growth in the DeFi ecosystem.

Enhanced Security: Rainmaker's integration of MPC and smart contracts ensures secure self-custody of funds. By reducing the reliance on centralized exchanges and intermediaries, users have greater control over their assets, mitigating the risk of hacks and thefts. The emphasis on security and privacy instills confidence in users, attracting more participants to the DeFi market.

Capital Efficiency: Rainmaker's position automations and compounding rewards optimize capital efficiency for investors. By automatically tracking metrics and maximizing yield generation, Rainmaker helps users make the most of their investments. This not only improves overall returns but also encourages long-term engagement in the DeFi space.

Streamlined User Experience: Rainmaker's commitment to delivering a polished user experience sets it apart from traditional crypto wallets and DeFi platforms. The simplified onboarding process, intuitive interface, and one-click integrations make DeFi investing accessible to a wider range of users. This seamless user experience lowers the barriers to entry, enabling individuals with limited technical knowledge to participate in the decentralized finance revolution.

The Future of Rainmaker

As Rainmaker continues to refine its product and expand its user base, the startup is poised to play a significant role in shaping the future of DeFi. With its emphasis on simplicity, security, and capital efficiency, Rainmaker is well-positioned to become a leading player in the crypto wallet and DeFi space.

Future developments may include the integration of additional protocols, further expanding the range of investment options available to users. Rainmaker may also explore partnerships with other platforms and projects in the DeFi ecosystem to provide users with a comprehensive suite of tools and services.

Moreover, Rainmaker's dedication to education and user support will likely continue to play a crucial role in empowering users to navigate the world of decentralized finance confidently. By providing educational resources, tutorials, and responsive customer service, Rainmaker aims to bridge the knowledge gap and empower users to make informed investment decisions.


Rainmaker's innovative account abstraction-based crypto wallet has the potential to revolutionize DeFi investing. By simplifying the onboarding process, integrating with top protocols, and automating position management, Rainmaker enables users to access advanced investment strategies with ease. With its emphasis on user experience, security, and capital efficiency, Rainmaker is well-positioned to drive the mass adoption of DeFi and reshape the future of decentralized finance. As Rainmaker continues to evolve and enhance its product offering, it has the potential to become a key player in the DeFi ecosystem, empowering individuals worldwide to participate in the decentralized finance revolution.