We’re thrilled to announce a groundbreaking partnership between PsiFi and Locker, set to revolutionize the landscape of personal finance. This collaboration marks a significant milestone for PsiFi, as it paves the way for the implementation of an Acorns-like strategy, empowering users to elevate their investment game like never before.

At the heart of this partnership lies the integration of ERC-7579, an extension of ERC-4337, which unlocks unparalleled modularity within smart accounts. Just as one installs apps on a smartphone, ERC-7579 allows users to “install” modules onto their smart accounts, granting special privileges and capabilities. This modular approach enables granular control over transactions and investments, providing users with unprecedented flexibility and customization options.

What does this mean for PsiFi users?

Here are the key benefits taking center stage:

1. Round-Up Savings: Seamlessly round up transactions to the nearest dollar and automatically invest the spare change, effortlessly building wealth over time.

2. Account Automation: Unlock the power of automation for offramps, yield generation, and more, streamlining financial management and maximizing efficiency.

3. Session Keys: With session keys, PsiFi gains the ability to take limited actions on users’ behalf without requiring authorization for every transaction, enhancing user experience without compromising security.

But that’s not all. With Locker now accessible to PsiFi users, a world of possibilities unfolds:

4. Automated Fund Routing: Tell your employer or clients to pay you at your PsiFi address and watch your crypto get automatically routed where you want it — all within 30 seconds of deposit. Set up your PsiFi to automatically route funds to your preferred channels every time payments are received, including off-ramping to your bank, swapping for any token, saving with a time lock, sending to a hot wallet, or directing to a yield pool.

On the backend, Lockers are configurable, modular smart accounts that are fully compliant with ERC-4337 and ERC-7579, giving you full control over your account’s programmability.

A Leap Forward

This partnership represents a huge advancement for PsiFi, as we strive to enhance the user experience and empower individuals on their financial journey. By leveraging Locker’s expertise and support in implementing 7579-compatible smart accounts, we’re poised to deliver a seamless and secure platform that sets new standards in personal finance.

Join us on this exciting journey to unlock the future of finance, one innovative partnership at a time. Stay tuned for more updates as we continue to push the boundaries of what’s possible in the world of fintech.

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