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1/ Say hello
to a whole new Dharma — the Ethereum wallet that connects to your bank account.
Cheaply deposit up to $25k / week into Aave, Compound, Yearn, and Uniswap directly from your bank account — instantly.
From
Dollars to
DeFi in a
Tap
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Dharma Retweeted
The next
@Dharma_HQ update is gonna blow some minds. I’ve been lucky enough to be testing it the past few days. Prepare yourself for point and shoot#DeFi actions that your boomer parents can even use
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Dharma Retweeted
Well, this is surreal. P.S.
@Kr00ney — your viewers can try investing in DeFi through@Dharma_HQ in <10m. Trade on Uniswap, earn interest on Compound, the whole shebang — no technical knowledge required. Just download the app and connect your bank :)https://twitter.com/CNBC/status/1382781018323574784 …
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Dharma Retweeted
Having tried
@Dharma_HQ,@rainbowdotme and a slew of other wallets on ETH and different chains such as$SOL and$LUNA, it is clear to me just how crucial user interfaces are going to be in the coming future.@Dharma_HQ is the clear winner here. Simple but gets to the point.Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
We are back up. Thank you very much for your patience and understanding.https://twitter.com/Dharma_HQ/status/1381759523371708416 …
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We are encountering some downtime. We have identified the fix and expect to be back up shortly. Updates to follow.
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Dharma Retweeted
@Dharma_HQ has initiated the 7-day timelock to upgrade the Dharma Smart Wallet to version 15, adding support for batch calls where return data from prior calls are supplied as calldata or callvalue to subsequent ones — this makes action scripts composable!https://etherscan.io/tx/0xe73f0bd3ace72500ec06c343704f9811c73fba244bce97bd8fb7e67e5ca5e18d#eventlog …Thanks. Twitter will use this to make your timeline better. UndoUndo -
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Dharma Retweeted
With
@Dharma_HQ's release of their Gas-Lite program, I thought i'd think of a quick strategy that would take advantage of their gas savingsShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Dharma Retweeted
@iearnfinance weekly Update "State of the Vaults #24"
Introducing the Iron Bank yVault
From bank account to Yearn vaults with @Dharma_HQ
New yVault strategies
INFO
https://medium.com/yearn-state-of-the-vaults/yearn-state-of-the-vaults-24-59200ee9adf9 …
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Dharma Retweeted
Thanks to our friends over
@Dharma_HQ for making the$AKRO onboarding process a breeze from your traditional bank!
#DeFi is getting more accessible everyday.
pic.twitter.com/7RGSt7LjUA
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Dharma Retweeted
Robust fiat onramps + innovative gas-saving measures is a game-changer for allowing everyday users to access DeFi. Excited to use this!
@Dharma_HQhttps://twitter.com/Dharma_HQ/status/1377725410834751489 …
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Dharma Retweeted
The easiest way to deposit into Compound, Aave, or Yearn is now the cheapest, too. No joke.https://twitter.com/Dharma_HQ/status/1377725410834751489 …
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Dharma Retweeted
this is HUGE, and is exactly the type of innovation i've been waiting for no surprise the folks at
@Dharma_HQ are bringing it to us, making#DeFi way more accessible the Gas-Lite system helps users save dramatically on gas fees by pooling deposits from a reserve love it
https://twitter.com/Dharma_HQ/status/1377725410834751489 …
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Dharma Retweeted
Phenomenal workaround. Another data point to suggest
@Dharma_HQ could very well spur big capital inflows from people on the periphery of defi todayhttps://twitter.com/Dharma_HQ/status/1377725410834751489 …
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Dharma Retweeted
MAJOR ALPHA LEAK (not an April Fools joke) Y'all said you wanted cheaper transactions, I'll give you cheaper transactions! Dharma just cut the cost of depositing to
@AaveAave,@compoundfinance, and@iearnfinance by 50-80% (direct-from-bank deposits only). You're welcome
https://twitter.com/Dharma_HQ/status/1377725410834751489 …
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5/ So, how do you get these savings? Easy! Gas-Lite is applied automatically whenever we have sufficient balance of the relevant token. Navigate to the Actions Tab, deposit to
@AaveAave,@compoundfinance, or@iearnfinance and you'll see the savings automatically applied
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4/ In short — Old way: Each user pays for their own deposit New way: Dharma "pre-pays" for N deposits by depositing into Compound / Yearn / Aave from the Trade Reserve. The subsequent N users get to split the cost of the transaction.
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3/ Normally, every action a user takes from their bank account triggers an associated on-chain action in the Trade Reserve. Gas-Lite deposits break that assumption by allowing transactions to be batched together across other Dharma users.
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2/ Direct-from-bank transactions in Dharma are routed through and settled by the Dharma Trade Reserve, an on-chain escrow system. This on-chain escrow system and its associated 5-day lockup is how we're able to offer fiat-to-crypto with high-limits and low-fees.
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All I can say is download the


Automatically save up to 80% on Network Fees when you deposit to
yield protocols from your bank account on Dharma.
Read on to see how we've made this
magic
happen