Note: This following content is in archive mode — nothing should be taken as being up-to-date with the current state of affairs for either Dharma, Dharma Protocol, or Dharma Labs. For the latest on Dharma, visit www.dharma.io

Built on Dharma Protocol, QuickLine is an interface for interacting with Dharma

At Dharma, we are creating developer tools and infrastructure that makes it easy to build lending products that leverage blockchains like Ethereum.

Today, we’d like to extend our congratulations to QuickLine for their mainnet launch.

Built by the creators of EasyCDP, QuickLine brings a fresh interface to Dharma loans, making it easy to request a new loan or to manage existing loans.

QuickLine makes it easy to manage your portfolio of debts and investments

Additionally, QuickLine is the first service built on Dharma to provide instant liquidity to borrowers. QuickLine achieves this by implementing creditor-created open debt offers, in which a lender specifies the parameters by which they are willing to lend and posts those terms to QuickLine.

This innovation is great for both lenders and borrowers. Lenders no longer have to peruse relayer websites in order to find attractive lending opportunities. Instead, they can post their offers and sit back while borrowers draw on their line of credit.

And because lenders have already agreed to the terms of the debt, borrowers get instant settlement! No waiting for creditors to find and invest in your loan, simply find an open debt offer at terms you accept and your loan request will settle instantly!

Borrow with instant settlement by drawing on an open debt offer

This has addressed one of the most common feature requests we’ve heard from the Dharma users: the ability for lenders to create and list Dharma Debt Offers.

Creating an open debt offer

Congratulations to AMP for shipping QuickLine. We’re excited to see you grow the category of products built in the Dharma developer ecosystem.

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Thanks for your support,

Team Dharma