DeFi platform Dharma announced on July 30 that it had integrated decentralized protocol Uniswap, allowing users to trade within Dharma’s Smart Wallet. All trading fees will be waived for users until at least August 30.
Dharma is a lending and savings account that accrues interest for DAI deposits. It places a strong emphasis on mobile applications with a user-friendly approach. With an interest rate of 7% APY and support for trading, Dharma hopes to lure more investors onto the platform.
The Uniswap integration is accompanied by a number of useful practical features for traders, including price trackers and a notification system based on machine learning algorithms.
Uniswap is responsible for a good portion of the activity in the DeFi space. ConsenSys reported in early July that it had the largest userbase, while popular token Ampleforth (AMPL) dominates Uniswap’s liquidity pools.