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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ICO WATCH: SALT LENDING on: August 24, 2017, 07:29:44 PM
My thoughts on the many questions raised about Exchanges etc.

Saltlending has a transferable ERC20 contract. What i think This means is: that after the salt is distributed, the tokens bought for $1,50> can be traded immediately between wallets or, on platforms that accept/list the ERC-20 token (On Etherdelta for instance, anyone can get ERC20 tokens to be listed on their exchange). You just have to apply

typically, its the ICO team
but if the token is popular and well-established enough then it will get listed if suggested by token holders.... sometimes even automatically

(no exchanges where you have to apply for listing like poloniex, bittrex etc.)

I think that it’s also not in Saltlendings interest to get listed on these exchanges because the SALT token is a consumptive use product. Also If the price of salttoken rises to the moon, applying for a loan becomes more expensive (right now it would be really cheap though 😉).  Because the token is tradable, the market decides what the value of the token is through supply and demand till:
When te saltlendingplatform launches in Q4, saltlending will sell tokens to a price they choose. (10-20% above the highest tier of: $12.50 is the indication thats given to us right now.


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