The platform loans with cryptocurrencies Dharma launched his official way of service savings with stablecoins. This is one of the most anticipated of Dharma V2, previously announced by the company.Through a blog post filed last Wednesday, October 23, Dharma Labs explained that the system is available in your version open after having been launched in closed beta at the end of August of this year.In the text, the team of Dharma Labs, referred to the claim that their system of savings is the product that will serve to present the finances decentralized (DeFi) “to millions of new users, not as a vehicle of speculation, but as a vehicle of savings international stable.”According to the publication, the system of Dharma offers up to a 7.4 per cent annual interest to its savers based on dynamic variables in function of the protocol Compound on which is built the platform.Interested users must deposit their funds in any of the stablecoins anchored to the dollar: Dai or USD Coin (USDC). To do this, Dharma has an integration with the home exchange Coinbase. The users with account in this house of change, will be able to send funds that wish to save money directly through this integration between the two platforms.The text clarifies that integration with Coinbase does not represent a limitation for users without an account in the house of change. Your users can send funds to your address in Dharma from any wallet. “Any currency DAI or USDC that it reaches the address it will begin to generate interest instantly”, adds the note.
Contents
Purses without custody on the platform of Dharma
Another of the main characteristics of Dharma V2, also announced previously, is the inclusion of purses without custody to safeguard the funds of their users. In addition, they offer a security system against hacking or loss of the device used by the user.
“Your keys to living in your devices, not in the cloud, even if Dharma outside hacked or compromised, your funds remain secure and in its power”Dharma Labs, development team Dharma
Suspension unexpected services
Without prior notice, at the beginning of August this year, the team of Dharma Labs announced the suspension of its services from deposits and loans with cryptocurrencies. The lack of details on the reason for the termination or any tentative date to re-activate its operations generated skepticism. Later, Dharma would return to the fore announcing the step-by-Dharma-V2.The platform loans with ETH and Dai Dharma began operations in April of this year, after having started in February with a funding of approximately USD 7 million from venture capital firms.