Dharma

@Dharma_HQ

Dharma is the easiest place to save money from anywhere in the world.

Vrijeme pridruživanja: svibanj 2017.

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  1. Prikvačeni tweet
    23. lis 2019.

    1/ Just in: Dharma is live and open to the public! 🚀 We’re on a mission to introduce DeFi to millions of users as a vehicle for stable, international savings. $1.5 million USD is already earning up to 7.4% APR on Dharma. What are you waiting for?

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  2. prije 14 minuta

    9/ If you wish to opt out of the dToken implementation, you can withdraw your funds from Dharma before or during the upgrade. All of our dToken smart contract code is open source. We’d love for you to review the code here:

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  3. prije 14 minuta

    8/ Users will keep all interest earned prior to the migration, and user balances after the migration will be exactly the same as they were before. The only way this affects users is that, going forward, the interest rate on Dharma will be slightly lower than that on Compound.

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  4. prije 14 minuta

    7/ Within the next week, Dharma will kick off a timelock to upgrade the Dharma Smart Wallet. After the 7 day upgrade timelock period, Dharma will upgrade all user smart wallets and perform the migration that converts all cTokens held by Dharma users into dTokens (dDAI and dUSDC).

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  5. prije 14 minuta

    6/ In addition to generating revenue, the dToken forms the technical foundation for bleeding edge features we will be shipping in the coming months, including scalability solutions for L2 payments and privacy enhancements.

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  6. prije 14 minuta

    5/ dTokens allocate 90% of the interest earned to dToken holders, retaining one tenth of that interest as a surplus that can be pulled by Dharma. As an example, if the interest rate is 5% APY on Compound, Dharma will collect 0.5%, while users will earn 4.5% APY.

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  7. prije 14 minuta

    4/ We achieve this via the dToken, a wrapper around Compound cTokens. In short, dTokens are interest-bearing stablecoins denominated in Dai or USD Coin that are backed by their respective cTokens on Compound.

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  8. prije 14 minuta

    3/ ...Instead, Dharma will simply collect one tenth of the interest earned on user deposits. This skin-in-the-game business model ensures that Dharma only makes money when our users do as well.

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  9. prije 14 minuta

    2/ In contrast to the many fintech businesses that have chosen monetization models that create misaligned incentives between the company and the customer, we will not sell your data or charge you for the privilege of withdrawing your funds...

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  10. prije 14 minuta

    1/ One question we frequently get at Dharma is “how do you make money?” Today, we are pleased to introduce the dToken — infrastructure that enables Dharma to make money alongside our users and that sets the stage for exciting features to come.

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  11. proslijedio/la je Tweet
    22. sij

    Living in the future . Joke aside: DAI from is pretty cool. I advise people who were skeptical about crypto because of the volatility to just buy some DAI. It's pegged to the US Dollar and you can get 5-10% annual interest on Compound.

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  12. proslijedio/la je Tweet
    16. sij

    New product category on defiprime 🔥 Alternative Savings Apps Featured

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  13. 16. sij

    The migration is complete! Dharma now supports Dai! All Sai has been migrated to Dai and deposits & withdrawals have been enabled.

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  14. 16. sij

    Log in to get started!

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  15. 16. sij

    This just in - Dharma now supports Dai! Earn up to 6% on your Dai by depositing to your Dharma Smart Wallet today.

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  16. 16. sij

    We are officially halfway through the Sai to Dai migration. Deposits & withdrawals are still temporarily disabled.

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  17. 16. sij

    The Sai to Dai migration has begun! Deposits and withdrawals will be temporarily disabled for the next two hours.

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  18. 16. sij

    We will post status updates throughout the migration. Please join our Discord if you have any questions!

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  19. 16. sij

    As a reminder, Dharma's Sai to Dai migration will begin in one hour at 11am PST. The migration will take two hours. During the migration, all Sai deposits will be migrated to Dai and deposits & withdrawals will be temporarily disabled.

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  20. proslijedio/la je Tweet
    14. sij

    Just opened up account today. Had no idea 💡 about them. Super excited to see more use case for storing & .

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  21. 13. sij

    If you’ve already connected your Coinbase account, you can continue to log in with Coinbase OAuth.

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