SALT

What is SALT

SALT is a membership based lending and borrowing network that allows users to leverage their blockchain assets to secure cash loans. Our Secured Automated Lending Technology is a protocol and asset agnostic architecture designed to adapt to the constantly growing class of blockchain assets. The system is designed such that, if you have an asset you want to hold on to, you can borrow the asset you want to spend, regardless of credit history or geographic constraints. The SALT Platform is automated, efficient, and cryptographically secure. It offers a compelling solution to the problem many consumers face when they need or want cash to make a purchase, but do not wish to liquidate their assets. Instead of selling, SALT enables the members of the SALT Lending Platform (Members) to leverage the value of certain digital assets, thereby giving them access to cash, offsetting tax events, avoiding exchange fees and maintaining their long position in the asset they hold. 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 transferrable. These potential advantages can be fully realized with SALT’s volatility risk mitigating technology.

Our Vision

People are happiest when they have access to the things they need or want. This is called purchasing power and it’s what credit provides. Over the years, the lending landscape has gone through several periods of change, and blockchain technology is driving the next evolution. Income-based lending is borrowing from the future to spend money today.

This exists in contrast to asset-based lending, which is a form of monetizing assets already owned. At SALT Lending, we see a future where people worry less about their credit score and spend more time recording and monetizing the assets they already have. We seek to enable a new way of monetizing an ever-expanding universe of blockchain assets.

At SALT, we believe that in the not too distant future, ownership of all assets will be recorded and transferred on various blockchains. The increasing recognition of personal assets, at low cost and in a secure and immutable way, will offer consumers greater financial freedom. The SALT Lending Platform is a system that seeks to give value to previously latent capital, unlocking the wealth within physical and social assets, providing a new source of money creation.