2021-04-13 13:39:45
As more people become interested in DeFi, a growing number of solutions emerge to bridge the gap between centralized and decentralized finance.
Dharma is the gateway to DeFi — make it easy to do anything in DeFi, from investing in crypto-assets to using lending pools, from providing liquidity on DEXs to staking your tokens. And we enable all of this functionality, directly from your bank account.
That users could now send funds to Aave, Uniswap, Yearn, and Compound from their traditional bank accounts with a daily limit of $25,000.
Users can withdraw funds to their bank at any time of day and at any day of the week, potentially solving a major pain point for users frustrated with limited banking hours.
Under the hood, there are three core "layers" to Dharma:
A non-custodial smart contract wallet.
A mobile app that integrates with DeFi protocols.
A service for converting your fiat-currency (aka dollars) to crypto-assets.
The Dharma Smart Wallet
We designed the Dharma Smart Wallet to balance usability with self-sovereignty, giving you an easy-to-use UX that only you can control.
Wallet is "non-custodial", which means that no one, not even Dharma or the US Government, can interact with your funds without your permission. This means that you can take your money with you, wherever you go in the world, and you can rest assured that so long as the Ethereum blockchain exists, your money will be safe.
The Dharma Smart Wallet is also a "smart contract wallet", which provides several benefits, for example you don't need to worry about submitting transactions to the blockchain, we take care of that for you.
This technical architecture ensures that only you have access to your funds. No one — not Dharma, Vitalik, or the US Government — can interact with your funds without your consent.
Read more about the Dharma Smart Wallet
The Dharma App
Using most crypto wallets is a drag. You have to understand the inner-workings of blockchains, deal with flaky browser extensions, and struggle with poor UX.
The Dharma mobile app take care of all of this for you:
Deposit crypto-assets to your Dharma Smart Wallet
Track your historical portfolio value
Set price alerts on tokens you want to follow
Swap crypto-assets using decentralized exchanges like Uniswap, Curve, and Balancer
Invest in Lending Pools like Aave, Compound, and Yearn
Provide liquidity to Automated Market Makers
Participate in DeFi governance by delegating your votes and voting on proposals
Download App
IOS App Store
Google Play Store
A Fiat-to-Crypto Conversion Service
A non-custodial wallet, wrapped in a powerful mobile app.
Dharma enables you to use DeFi directly from your bank account - up to $25,000 per week.
Buy crypto-assets directly from your bank.
Sell crypto-assets and route the proceeds to your bank.
Invest in Aave, Compound, and Yearn to generate interest, directly from your bank.
Dharma is the gateway to DeFi. We've made it easy for you to invest in DeFi by combining a non-custodial crypto wallet, a beautiful app, and a powerful fiat-to-crypto conversion service.
Dharma Labs Inc. Help Center.
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