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Dharma Wallet Integrates with Polygon

Ranjan YadavBy Ranjan YadavSeptember 7, 20212 Mins Read
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Dharma-Polygon Integration is DeFi’s Growth Avenue

Dharma-Polygon integration culminates. The development now enables direct DeFi investing from a U.S. bank account. Ethereum wallet Dharma has facilitated direct connections with banks. Users can now, with ease, speed, and security buy their beloved DeFi tokens whilst avoiding sky-high gas fees. Polygon-hosted stellar Web3 projects—AAVE, Sushiswap, Curve, Balancer, Kyber—utilize the acclaimed Polygon PoS scaling and Dharma Wallet’s robust security.

Dharma Wallet: The DeFi Promise Kept Well

Dollars to DeFi, a tap away. “From trading to yield, dharma connects your bank account to the world of DeFi & Ethereum.” 10 Protocols, 73,592 tokens, 26 actions. Dharma allows you to buy 20,000+ DeFi tokens right from your U.S. Bank Account via Uniswap. Dharma Wallet offers non-custodial security, no-limit wire transfers, and price alerts. It works without seed phrases (with smart wallet recovery). Polygon Layer 2 is next for Dharma Wallet. dharmaOS (an open SDK connecting any Ethereum protocol to robust fiat on/off-ramps) powers Dharma Wallet. Y Combinator, Coinbase, Green Visor Capital, and Polychain Capital invested in Dharma via a 2019 Series A investment of $7 Million.

Dharma-Polygon Integration: MATIC Price Impact

High gas fees and nightmarish navigations of cross-chain bridges would be distant memories with Dharma-Polygon integration. The promising Dharma-Polygon integration brings optimism in MATIC’s (Polygon’s native token) price, as well. With the Dharma-Polygon integration announcement and the technical evaluation factors, a 62% breakout for MATIC is nearly possible. Polygon and Dharma share a common mission of democratizing investments via financial services-led people empowerment. It is worth noting that Polygon’s Total Value Locked (TVL) has risen to over $9 Billion. Dharma’s stringent verification of the users’ identities to qualify for accessing its products is fully regulation-compliant. In particular, in compliance with the federal money-services business regulations. Swap, sell, buy, or transfer 1000s of tokens now with Dharma-Polygon (PoS).

Dharma Socials:

  • Dharma Website: https://www.dharma.io/
  • Dharma Wallet GitHub: https://github.com/dharma-eng/dharma-smart-wallet
  • dharmaOS GitHub: https://github.com/dharmaprotocol/dharmaOS 
  • Twitter: https://twitter.com/Dharma_HQ
DeFi Dharma Wallet featured Featured Articles Matic Polygon Polygon Network

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Featured Articles

News

Polygon Staking in Bitfinex with $189 Million Worth of MATIC

February 24, 2022By Crypto Times Network
AMA

SPYRIT AMA Recap

January 20, 2022By Crypto Times Network
News

Polygon is Partnering with Opera Browser to bring Web3 to the Masses

January 4, 2022By Crypto Times Network
Press Releases

New Dapp: Bulk Send Matic Tokens with PolygonSender

January 3, 2022By Crypto Times Network
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