The SEC has granted SALT a 75-day extension on our Form 10 filing deadline — an option that was included in the original SEC order. As a result of this extension, the Claim Form for purchasers of the SALT Token (applicable to those who purchased SALT Tokens directly from the SALT before and including December 31, 2019) will be available 60 days after the date of the filing of the 1934 Act Registration (or on the date seven (7) days after the 1934 Act Registration becomes effective, whichever date is sooner).
This means the form will be available sometime during or before July 2021. For additional information about the claims procedure see the original SEC order.
In light of the uncertainty created by the recent SEC complaint involving Ripple/XRP, we are pausing support for all new XRP deposits on our platform.
Withdrawals of XRP will still be enabled for all users.
If you have any questions about your loan secured by XRP, reply to this email or contact firstname.lastname@example.org.
*SALT Redemption Promotion. For a limited time, redeem SALT to get a loan with an APR as low as 1%. *Offer ends 12/31/2020 or after $5 million in loans have been originated. See Promo Terms and Conditions.
Happy Bitcoin Black Friday! If you're looking to make a large purchase this holiday season, you don't have to sell your BTC to make it happen. Whether you're a miner, a hodler, or a crypto business owner, get 2% off your interest rate on a bitcoin-backed loan when you use code BTCFRIDAY.*
NEW MEMBERS: Use this link to sign up for an account and request a loan.
EXISTING MEMBERS: use code BTCFRIDAY at “checkout” when you submit your loan request.
*Use code BTCFRIDAY to reduce your interest rate by 2% when you apply for a crypto-backed loan through SALT.
Terms, Conditions, and Restrictions apply. Code expires December 31. Not available for loans over $1,000,000.
For questions, contact our loan team at +1 (720) 457-2288 or via email at email@example.com
I’ve Been Stabilized. What’s Next?
When your Loan-to-Value ratio (LTV) exceeds 90.91%, we stabilize your loan by converting all of your volatile assets into stablecoin (USDC).
At this point, you will notice that your USDC wallet reflects the total US Dollar value of your combined portfolio. Each collateral wallet balance will show $0. Don’t panic!
How do I convert back to my original assets?
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