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.
We know you love crypto, but when it comes to crypto-backed loans we know you hate the volatility and that most of all, you hate being liquidated. Like you, we're of the belief that wealth should be preserved, not lost.
Designed with volatility and wealth preservation in mind, our new product will help preserve the value of your assets during a market downturn by automatically converting them to stablecoin in lieu of liquidation. Here's how it works:
More than half of you who responded to our latest Twitter poll said market volatility has deterred you from taking out a crypto-backed loan.
We're hoping our new stabilization product changes that.
We've heard your feedback and have updated our platform to include a feature that allows you to view all of your accounts in one place.
If you have multiple accounts with SALT, you will be able to see this new feature after logging in. You can navigate back to this display via the drop-down menu in the top left-hand corner
In celebration of the 3rd Bitcoin Halving, our CPO Rob Odell and CTO Dirk Anderson joined Bitcoin Magazine for a fireside chat where they shared their Bitcoin stories and an update on SALT's business model.
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