SALT

SALT

Salt
$0.084660
+3.62%
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  • Market Cap
    $6,796,819
  • 24h Vol (Global)
    ฿10 ($77,358)
  • Circulating Supply
    80,283,637
  • Issue Date
    2017-09-30
  • Issue Price
    $0.940000
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
120,000,00080,283,6372017-09-30$0.940000POW1
etherscan.io
2
ethplorer.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
120,000,000Ethash-https://www.saltlending.com/TOKEN

SALT is a membership based lending and borrowing network that allows users to leverage their blockchain assets to secure cash loans. The SALT Secured Automated Lending Technology is a protocol and asset agnostic architecture designed to adapt to the constantly growing class of blockchain assets. The SALT Platform is automated and cryptographically secure. SALT is a lending platform specifically designed for blockchain assets; operating as a second layer protocol which sits atop any public or permissioned blockchain, allowing the underlying asset to be used as collateral for access to credit. SALT also offers lenders a powerful, globally available solution to access a rapidly expanding and immediately addressable borrower base, while providing new tools for managing lender risk. Unlike traditional forms of collateral, such as real estate and automobiles, blockchain assets are divisible, fungible, and in many cases instantly transferable. These potential advantages can be fully realized with SALT’s volatility risk mitigating technology.

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Introduction

SALT is a membership based lending and borrowing network that allows users to leverage their blockchain assets to secure cash loans. The SALT Secured Automated Lending Technology is a protocol and asset agnostic architecture designed to adapt to the constantly growing class of blockchain assets. The SALT Platform is automated and cryptographically secure. SALT is a lending platform specifically designed for blockchain assets; operating as a second layer protocol which sits atop any public or permissioned blockchain, allowing the underlying asset to be used as collateral for access to credit. SALT also offers lenders a powerful, globally available solution to access a rapidly expanding and immediately addressable borrower base, while providing new tools for managing lender risk. Unlike traditional forms of collateral, such as real estate and automobiles, blockchain assets are divisible, fungible, and in many cases instantly transferable. These potential advantages can be fully realized with SALT’s volatility risk mitigating technology.

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