ERC20 Token
Salt (SALT)
In the past, the difficulty and costs of liquidating, transferring, and storing assets has required lenders to focus on the creditworthiness of their borrower as well as the value of their borrower’s assets. This inefficiency results in limited accessibility to cash and higher interest rates for borrowers.
Distributed ledgers represent a paradigm shift in the storage and transfer of assets and, for the first time in history, there is a perfect form of collateral: blockchain assets. SALT is pioneering an evolutionary leap for lending in which the value of a borrower’s assets are fully recognized and credit history is made irrelevant.
“SALT streamlines every step of the loan. We’ve simplified the application process by focusing on the value of the borrower’s blockchain assets instead of their credit score. Borrowers are automatically matched with capital from our extensive network of lenders. SALT keeps collateral assets safe in a fully-audited, ultra-secure architecture during the life of the loan so members can borrow with confidence.”
Buy & SellToken Details
Token Type
ERC20
Powered by the Ethereum Network. Can be stored on any ERC20 compatible wallet e.g MyEtherWallet
Token Statistics
Supply
• Ticker: SALT
• Total Supply: 120,000,000
• Circulating Supply: 55,741,950
• Token Use: Loan Repayments.
Founders
The Team
• Shawn Owen (CEO)
• Gregg Bell (Operations)
• Ben Yablon (Strategy)
• More
Industry
& Competitors
• Lending
• Targeting A Large Wealth Pool
• Competitors – ETHLend