Review on SALT by Robiul Islam
A platform for lending and borrowing.
As an innovative innovator in the world of cryptocurrency, the popularity of financial transactions as a search method is on the rise. The additional benefits of low interest rates and reduced costs of taking out loans make more attractive to borrowers who do not want to minimize their long-term investment in cryptocurrency, but require immediate funding.
The project, although it shows great potential by recognizing blockchain assets compared to conventional financial firms, faces the threat of cryptocurrency pricing fluctuations.
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Pros
- This is the latest concept involving lending and borrowing with cryptocurrencies such as parallel security. Compared to other virtual currencies like this, it is the first to connect with people looking for money without selling assets.
- It secures user investments, allowing competitive interest rates. This is unlike other cryptocurrencies where tokens act as the actual product and trade for their price.
- The platform provides investors with an opportunity to invest while protecting their income from volatile crypto markets, and then, with security, results in becoming a security lender.
- It is an innovation to fund a volatile market without investing directly in blockchain technology.
Cons
- From a short-term investment standpoint, the low share price does not make it a very profitable investment, which could be primarily due to the downward devious and pressure on the stock price.
