SALT Logo

SALT SALT

SALT header image

1. Summary

Limited data

  • 100% of the SALT code repositories are forked (originally copied) from another project.

Ranks

Liquidity
52
Developer
-
Social
76
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.01 -1.6%
Market Cap
$1.19M (#3077)
Supply
87.48M / 120.00M
Price
52W High price $0.04
52W High date 14th Dec 2023 (10 months ago)
All Time High (ATH) Date 28th Dec 2017 (6 years ago)
ATH Price $17.22
% From ATH -99.88%
All Time Low (ATL) Date 13th Apr 2024 (6 months ago)
ATL Price $0.01
% From ATL 88.69%
Supply & Trading Volume
Trading Volume (24h) $124.00
Total Supply 120.00M
Circulating Supply 87.48M
Description

SALT (Secured Automated Lending Technology) is a lending platform based on Ethereum blockchain technology that allows users to take loans backed by cryptocurrencies, acting as collateral. It was founded in 2016 by a group of Bitcoin enthusiasts with the aim of demonstrating the potential uses of crypto assets beyond holding or trading. The platform...

SALT (Secured Automated Lending Technology) is a lending platform based on Ethereum blockchain technology that allows users to take loans backed by cryptocurrencies, acting as collateral. It was founded in 2016 by a group of Bitcoin enthusiasts with the aim of demonstrating the potential uses of crypto assets beyond holding or trading. The platform leverages its partnership with Fireblocks to protect and manage customer collateral and employs a proprietary Secure Asset Funding Environment (SAFE) process to streamline loan funding.

Features

  • Collateral Deposit: Users deposit their crypto assets directly to a Fireblocks wallet address through the SALT platform.
  • Loan Funding: A portion of the collateral is used to fund the loan, backed by a futures contract to reclaim the collateral upon repayment.
  • Collateral Protection: The excess collateral remains secured on the Fireblocks custody platform during the loan term.
  • Collateral Repayment: Once the loan is repaid, collateral is returned to the borrower.

Key Points

  • No rehypothecation of customer collateral
  • Cyber insurance and custody agnostic approach for enhanced security
  • The platform does not require credit checks for loan approval, relying on the value of blockchain assets
  • Loan-to-value ratios are flexible, adjusting to market changes
  • Loan repayment can be made with SALT Tokens, which can also be used as secondary collateral
  • Loans are available for personal and business purposes, with tiered membership levels based on token holdings

Security Measures

  • Partnership with Fireblocks for custody management and the use of MPC technology
  • Cyber insurance coverage for cyber-related incidents and theft of assets
  • Custody agnostic approach to distribute risk and enhance security
  • Multi-user authorization for access to assets

Contact

For general inquiries and loan servicing, please email [[email protected]]. For specific concerns, visit the FAQ page or reach out via email.

2. Price

SALT

2.1. Market Performance

How does SALT's (SALT) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

8.9%

SALT

-15.2%

Similar Market Cap

60 Day Return

45.3%

SALT

-21.8%

Similar Market Cap

1 Year Return

-6.7%

SALT

22.9%

Similar Market Cap

3. Developer Activity

We're monitoring 15 SALT GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All SALT Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 115

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 31
Past week 0
Past 12 weeks 0
Past year 0
Past week 0
Past 12 weeks 0
Past year 0
Past week 0
Past 12 weeks 0
Past year 0

Top Developers 2024

In total, 4 developers have contributed to SALT over the past year. Who are the most active SALT developers, by commits, over the past year?

Related Projects

Developers working on SALT also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 539
Twitter followers 34,025
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://www.saltlending.com/
Explorer https://etherscan.io/token/0x4156D3342D5c385a87D26...
Twitter @SALTLending

What is the correct contract address for SALT?

Ethereum 0x4156d3342d5c385a87d264f90653733592000581

Has SALT been audited for security?

No security audits found for this project.

Are you the owner of SALT? Edit it here

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