Review on SALT by Eve Vallenilla

Currently, the modalities to obtain financing have diversified, thanks to the emergence of non-custodial finance platforms offered by blockchain technology. This is because people and companies can not only turn to traditional financial institutions to apply for loans by placing their physical assets as collateral, be they vehicles, real estate or other properties, but digital finance allows them to use their funds in digital currencies such as endorsement for the receipt of immediate financing in the form of cryptographic protocols.

The SALT platform is based on this type of credit. A blockchain-based virtual infrastructure that allows native currency holders to freeze their funds to receive cash in the form of digital assets or liquidity.

What are the requirements of the financial platform for granting credits based on digital assets?

As in traditional finance, non-custodial financial networks establish some requirements to be a beneficiary of a loan.

In the case of the SALT platform, the applicant must be previously subscribed to the platform as a member to pay an annual membership.

The SALT network establishes three types of membership that are determined based on the maximum amount to be requested as financing and the term to pay it (basic, premier and business). Each of these categories has particular amounts and benefits for its applicants.

What additional advantages does the platform allow users?

SALT credit recipients can use the funds received to acquire more tokens of this cryptographic protocol and double their income until they can pay all the debt acquired with the platform.

You can also become a lender and earn interest as compensation.