Dharma is a financial technology startup that offers a suite of products and services for decentralized finance (DeFi) enthusiasts. Their platform allows users to lend, borrow, and earn interest on their digital assets in a secure and transparent manner.
Incorporated in 2018
Founded by Nadav Hollander
Based in San Francisco, California
Initially focused on creating a stablecoin protocol
Launched Dharma Lever, a decentralized lending platform, in 2019
Raised funding from prominent investors including Coinbase Ventures and Polychain Capital
Compound is a decentralized lending protocol that allows users to lend and borrow cryptocurrencies. It has gained popularity for its user-friendly interface and high liquidity.
Aave is an open-source and non-custodial lending protocol that enables users to earn interest on their deposits and also borrow assets. It offers a wide range of cryptocurrencies as collateral.
MakerDAO is a decentralized autonomous organization (DAO) that operates the Maker Protocol, which allows users to generate and borrow its stablecoin, DAI. It is one of the pioneers in the DeFi space.
Dharma Lever is a decentralized lending platform that allows users to borrow and lend digital assets. It provides competitive interest rates and flexible borrowing options.
Dharma Smart Wallet is a non-custodial cryptocurrency wallet that provides users with control over their private keys and enables them to interact with the Dharma protocol seamlessly.
Dharma Trade is a decentralized exchange (DEX) built on top of the Ethereum blockchain. It allows users to trade ERC-20 tokens directly from their wallets.
Dharma is a financial technology startup that offers a suite of products and services for decentralized finance (DeFi) enthusiasts.
Dharma Lever is a decentralized lending platform where users can borrow and lend digital assets. Borrowers can post collateral and borrow assets, while lenders can earn interest by supplying assets to the lending pool.
Dharma's main competitors are Compound, Aave, and MakerDAO, which also provide decentralized lending and borrowing services in the DeFi space.
Dharma prioritizes security and has implemented multiple measures to protect user funds. However, as with any DeFi platform, there are always risks associated with smart contract vulnerabilities and market fluctuations.
Yes, Dharma is accessible to users from various countries. However, the availability of certain features and services may depend on regulatory restrictions in your jurisdiction.