Dharma Review: Pros, Cons and How It Compares

Dharma state that they’re the ‘world’s first crypto bank’. This isn’t exactly true. There’s been plenty of self-purported ‘crypto banks’, many years before Dharma.

This is a companion discussion topic for the original entry at https://bitcompare.net/reviews/dharma

Dharma rates seem to change quite often. What are the rules for this? Do they change instantly, daily, weekly, monthly? What determines the change?

Hey Cham,

Dharma use third party lending platforms including Compound, Have and Yearn.Finance.

Each of these platforms have different rates and they vary, almost in real-time, based on supply and demand of their respective networks.

Aave provide an option to do fixed rates if that’s what you’re looking for.

Thanks, Dean