SALT
Financial indicators SALT
- Rank: 1506
- Market Cap: 2445790 $
- 24 Hour Volume: 8018 $
- Total Supply: 120000000
- Circulating Supply: 120000000 (100%)
What is SALT?
SALT Lending is a blockchain-based lending platform that offers users cryptocurrency-backed loans. Users deposit any combination of accepted tokens — such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Doge (DOGE), DASH (DASH) or SALT (SALT) — as collateral to receive a loan in the form of a fiat currency or stablecoin.
SALT Lending has a native token, called SALT, that can be spent to reduce the interest rate on a loan and can be used as a secondary form of loan collateral. Currently, SALT is redeemable at a $7.50 value for interest reductions on loans, a policy and valuation which are subject to change.
The company was launched in 2016 and is operated by Salt Blockchain Inc., a for profit entity, Salt Lending LLC: Salt Master Fund II, LLC – NMLS 1711910.
- https://www.saltlending.com
- https://twitter.com/SaltLending
- https://coinmarketcap.com/currencies/salt/