All Cryptos > SALT (SALT)
SALT Enables Traditional Lending Secured by Cryptocurrency. With SALT, an investor who has collateral they wish to retain can leverage their crypto-assets for a loan. This allows them to maintain a long position with their assets while creating a greater set of options with their taxes.
The premise of Salt is for people to get cash for their crypto without having to sell their crypto, if the crypto coin goes up, they pay the loan off, it's used as a weird version of collateral.
One of Salts biggest advantages Over Elix is it's team size + advisers. They just look more credible and credibility in crypto is often rewarded in huge market caps.
typically volatile things aren't used as collateral, things that go up and down a lot in value really aren't the best collateral
why in the world would a lender give money to some random person to get cash for their crypto?
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