$1 Billion Demand: Why You Should Know About SALT Lending  

“SALT is the only place you can borrow against your crypto assets to get leverage. This is only the beginning of the tokenization of value.” - Shawn Owen

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Getting a loan is a stressful process.

You have to meet with a bank, fill out the piles of paperwork, and be bound to their outrageous interest rates. But what if there was a way for blockchain to streamline this loan process? SALT Lendings aims to do just this.

And on today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by Cofounder of SALT, Shawn Owen. SALT is a lending platform that allows you to borrow money against your crypto assets. It is the only platform of its kind and currently has over $1 billion in demand. Tune in to hear Shawn’s insights on what SALT will provide to the bigger crypto landscape.

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“SALT does accounting and access. We’re putting all of our revenue on a public blockchain.” - Shawn Owen

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Points to Keep In Mind SALT allows you to borrow leverage against your crypto assets There’s a tax advantage to this method SALT is a store-of-value, similar to an Amazon gift card SALT does everything from accounting to access All of SALT’s revenue can be accessed on a public blockchain You get better rates if you use it as a secondary form of collateral Right now, there is $1 billion requested in SALT Lendings