Dharma launches new feature, deposits ETH to earn interest on DAI

Cryptocurrency lending company Dharma announced on Twitter that it has launched a new feature that allows users to deposit ETH to calculate interest using DAI. After depositing ETH, users can seamlessly convert to interest-bearing DAI in Dharma accounts. Similarly, users can also convert DAI to ETH during the withdrawal process and directly withdraw the USD balance in Dharma to any cryptocurrency exchange or wallet that supports ETH.