PROMO: Want a rate as low as 1%? Just add SALT.
Calling all SALT holders ! With our latest offering, you can redeem your SALT Membership Tokens to reduce your APR on a crypto-backed loan to as low as 1%.*
Ready to use your SALT to reduce your interest rate on a crypto-backed loan? Log in to your account and use the slider to choose the amount of SALT you'd like to redeem.
Not sure if you're ready for a loan? Check your rate and required SALT redemption by using the loan calculator on our website.
*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.
Meet Our New Stabilization Product
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:
THE RESULTS ARE IN
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.
Download a CSV
Now when you log into the platform to view your account, you can download a CSV file of your liquidation history in one click.
Value Over Time Charts and Referral Program
Referral Program
- This is a new customer reward/incentive program that allows our existing members to refer other individuals to our platform. For any referral that results in an active loan, the referring member will receive $50 worth of BTC after SALT receives the first loan payment.
Wallet Value Tracking Over Time Charts
- The dashboard is gaining some slick and sophisticated new monitoring charts. A user will now be able to graphically see the value of their wallet over time. The value will be responsive to the market value of their crypto assets as well as any deposit or withdrawal activity.
Other Updates Released:
- Various branding updates to UI
- Aligning the borrower portal to the new brand standards
- Margin Call warning/UI
Meerkat Internal Launch
- If you haven't heard about Meerkat yet, you will soon. This product was developed by the engineering team during their free time on a weekend and leverages the existing blockchain monitoring capabilities currently in use on the SALT Platform. This product will eventually release as a free public beta after some internal tire kicking. It provides an individual with the ability to receive email notification in the event there is any change to a wallet address that they specify.
Notifications and Settings
- Added notifications as a new feature: Notification header icon; View notifications page; Set notification preferences
- Add and verify phone numbers for text and call notifications
- GDPR banner as part of UK compliance
- Updated Lendable Areas Map
- Update cache-control header for html and static resources
- Prompt users with new PactSafe docs on sign in