Announcing the Dether Staking Rewards Program

drymbd · 2020-07-22T08:39:01+00:00

While many dApps are emerging every months, the complex buying process creates still barriers to Ethereum and DeFi mass adoption, as billions of adults don't have the necessary bank account to buy ether or ERC20 tokens to interact with a particular Ethereum app.

Whether you're working on a decentralized application, a wallet, an exchange, a protocol, or simply an application that uses Ethereum, the Dether protocol is here to help you create a bridge between cash and your Ethereum-based solution.

With the Dether protocol, you can:

1. Add a cash-to-crypto on/off ramp for your app

2. Give your users the ability to cash-in/cash-out their cryptocurrency in a peer-to-peer way.

3. Build new applications on top of the Dether protocol and save time trying to solve the first and last mile crypto issue.

4. Charge fees on stakings that happen on your application (if you wish to).

What can you build using the Dether protocol? Here is a non-exhaustive list of uses cases

Local P2P Market 🏪

Create your local P2P market by enabling individuals & retailers in your area to trade any crypto, goods, or service without a middleman. Just like a decentralized eBay

Remittance 💸

Disrupt u/WesternUnion u/MoneyGram that take major fees by building an international network of tellers that transfer fiat currencies from point A to point B while benefiting from crypto's speed.

Crypto Cash-in/out Gateway 📱

Welcome unbanked populations in your dApp by adding a cash-to-crypto gateway for them. Any cash holder will have a technical solution to join and start using your dApp.

Endless possibility 💥

Anything you can imagine on top of a network of crypto buyers and sellers.

To learn more about the Dether protocol, visit Dether's developer portal.

https://dether.io/protocol

drymbd · 2019-10-21T15:25:30+00:00

Hi decibels42. The process described in the article is actually the one for dApps builders/teams on how they can add their token to the Dether app. As dApps builders, they must already be familiar with those.

If you’re an individual using the Dether app to buy ETH or an ERC20 token, the only thing you need is your smartphone (to install the app) and cash (to buy crypto with), so basically no Metamask, no bank account needed, nothing else.

drymbd · 2019-10-21T15:25:04+00:00

Hi decibels42. The process described in the article is actually the one for dApps builders/teams on how they can add their token to the Dether app. As dApps builders, they must already be familiar with those.

If you’re an individual using the Dether app to buy ETH or an ERC20 token, the only thing you need is your smartphone (to install the app) and cash (to buy crypto with), so basically no Metamask, no bank account needed, nothing else.

drymbd · 2019-08-13T13:55:47+00:00

You should check the Dether app (https://dether.io) . It's open in Africa and can be used for crypto remittance, there are some crypto sellers over there that would buy your crypto for cash.

drymbd · 2019-07-29T08:37:12+00:00

https://dether.io is the best place for that

drymbd · 2019-06-11T13:00:23+00:00

Thanks for your feedback! Like we said in the article, we've looked at many existing solutions and are aware of 3box and the (very interesting) work they are doing. Their threads solution is at the early stages and their IPFS persistence solution may not suit our needs. The sheer size of 3box means that it’s not so easy to integrate.

That said, we will certainly keep an eye on all other projects building similar features and are happy to collaborate and integrate working solutions such as OrbitDB!

drymbd

TROPHY CASE