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honestly, this seems like a grey area and I have no idea! but the concept of this platform is amazing, and has already been approved. They are taking SALT depo
by loki0505 9y ago
honestly, this seems like a grey area and I have no idea! but the concept of this platform is amazing, and has already been approved. They are taking SALT deposits currently (just opened a few days ago) so they are ramping up for full operation soon. I would suggest to hit up their reddit...i'm gonna do the same :-)
- dajohnson89 9y agoHow do they asses creditworthiness?
- loki0505 9y agoby you using your current crypto stack as collateral. you put up your stack, add SALT tokens: 1 salt token + collateral = 10,000 loan 10 salt token + collateral = 100,000 loan 100 salt token + collateral = 1,000,000 loan no credit check.