SALT Community Membership
Beware of the scam!
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* SALT IS NOT DOING AN AIRDROP OF ANY KIND, please do not provide any personal *
* information to any site claiming to offer an airdrop on our behalf. *
* It is a scam and extreme caution should be taken. Stay safe! *
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The SALT platform is meant to facilitate getting a loan, where the company holds your cryptocoins as collateral while you don't pay back the loan.
Hard Cap: The proceeds from SALT’s Discounted Membership Sale (presale + public) will be soft capped at $35m and hard capped at $48.5m.
The plaform uses the SALT token as payment for membership, currently the token has not been yet release.
Pricing Structure: After the current tier of $1.50 (85% discount) - SOLD OUT - SALT Membership presale is now closed.
SALT will move to the following price discounts:
- 2m units sold at $3.00 (70% discount)
- 1.5m units sold at $5.00 (50% discount)
- 1m units sold at $7.50 (25% discount)
After which the discount will end and SALT will begin selling Memberships for no less than $10.
Approximately 38% of the Memberships have been set aside for later sale.
Supply: A total fixed supply of 120m SALT will exist, with a fractional supply in circulation representing only those SALT which
are not actively held as loan collateral or redeemed and now held for sale on the platform.
More details soon, so stay tuned for updates! :
update 08/10/2017SALT Community Membership Sale will begin on Tuesday, August 15th at 8:00 AM MST (2:00 PM GMT)! Some important notes:
Your place in line to become a member is displayed in your Dashboard.
We will be approving new participants to purchase memberships in the order they signed up and at a pace that can be handled by our system, as well as the Bitcoin and Ethereum blockchains.
SALT Membership may be purchased with Bitcoin, Ethereum, or any cryptocurrency supported by ShapeShift.
The Membership discount will run until 10:00 AM MST Tuesday, August 22nd or until the following are sold out:
2.0 million SALT @ $3
1.5 million SALT @ $5
1.0 million SALT @ $7.50
In the event that purchases exceed the available inventory of discounted Membership, an additional 25,000 SALT Memberships will be available at the full retail price of $10.
Holding a place in line does not guarantee that a discount will be available when you are approved. Unfortunately, if the Memberships are sold out before you are approved you will have to wait until we start selling at the full retail price. Retail sales will begin after the audit and distribution of the discounted Memberships.
update 08/17/2017Last tier which began on Tuesday, August 15th at 8:00 AM MDT (2:00 PM GMT) and will run until the following tiers are sold out:
2.0 million SALT @ $3 each (sold out)
1.5 million SALT @ $5 each (sold out)
1.0 million SALT @ $7.50 each (currently at 93% left)
Previously in the pre-sale approximately 10 million SALT were sold at $1:50. Early adopters who assisted with the build out of the concept were also able to purchase earlier in the year approximately 35 million SALT at $0.25 and 5 million SALT at $0.75.
SALT Membership may be purchased with Bitcoin, Ethereum, or any cryptocurrency supported by ShapeShift. There is a Referral program - For each friend you refer that buys thirty (30) SALT Memberships or more, you will receive one (1) bonus SALT Membership. More details are on the Dashboard.
update 09/29/20171) Membership Open
With the completion of the Discounted Sale's review, we're happy to announce that full-priced SALT Memberships are officially available for purchase through your dashboard (25,000 available at $25 each). If you are one of the people in the waiting line to purchase we’ll be approving new Members in order, so keep an eye out for an email notification that your profile has been approved to purchase.
2) Membership Upgrades
You can now login to the dashboard and upgrade your base Membership to the Premier with a $100k borrowing limit or Enterprise with a $1m+ borrowing limit. For a limited time, when you upgrade to an Enterprise Membership you’ll also get a SALT branded Ledger Nano S!
Your Membership will be valid for one year from the date of our platform’s launch. Please note: this step must be completed before you can withdraw your SALT.
3) Withdrawal Live
Memberships are now available for withdrawal through your dashboard. Some important notes:
You must redeem one SALT Membership to be able to withdrawWithdrawals will be processed on a first come, first serve basis depending on when each Member selects the withdrawal option.
To ensure a smooth and equitable process, please allow up to 48 hours for your withdrawal to be processed.
If you purchased over $2,000 your Identity Verification must be completed before withdrawal. ID Verification status is displayed above your SALT Balance in the dashboard.
You will have the option to change your ETH address during the withdrawal process, or you can choose to use the address you provided during your Member registration.
Any further questions can be directed to
Support@SaltLending.com 4) Wallets
You will be able to receive your SALT Memberships in the following recommended wallets: Exodus (update to the latest version) and soon Jaxx.
SALT can also be sent to MyEtherWallet, but in in order to view your SALT Memberships you will need to complete the following steps.
Visit MEW (
www.myetherwallet.com) and go to the “View Wallet Info” page
Click “Add Custom Token”
Enter the contract address: 0x4156D3342D5c385a87D264F90653733592000581
Enter the decimal value "8"
Add the token symbol "SALT"
Click “Save”
update 11/28/2017there's a lot of information here
https://www.saltlending.com/faq as well as in the documents in the dashboard
Membership Dashboard| Private Any support questions can be directed
support@saltlending.com Alert
Please be aware that SALT is not doing an AirDrop. Any site or account claiming this should be considered a scam and avoided. If you find any account claiming this, or other fraudulent claims, please report to:
security@saltlending.com. Salt is NOT doing an AirDrop, all claims of this a false. Please NEVER share your private keys
Recent News
Check out Gregg Bell, SALT's head of Operations' MarketWatch video.
https://goo.gl/oxmM4bDeposit SALT
We have launched the SALT Deposit function in your account dashboard. This allows you to send SALT from outside sources (e.g. secondary markets) into your account on the SALT Platform. The Deposit button is found on your dashboard home screen.
*Dashboard Update
In addition to the Deposit function, we have updated your dashboard home. The Membership redemption process has been simplified and now initiates from the home screen. If you haven't already, now is a good time to select and redeem your Membership tier. Enterprise Members receive a SALT branded Ledger Nano S.
*Ledger Nano Shipment
Enterprise Members will receive their SALT branded Ledger Nano S shortly. The first shipment will be sent the first week of November. Current Base and Premier Members, if you upgrade to Enterprise, you will be eligible to receive the SALT Ledger wallet.
* Withdrawal Live
We are happy to announce that Memberships are now available for withdrawal through your dashboard. Some important notes:
As of October 4th we are adding a new security feature that requires email confirmation for every withdrawal. Implementing this feature has taken some time, but withdrawals will be enabled sometime today.
You must redeem one SALT Membership to be able to withdraw. Withdrawals will be processed on a first come, first serve basis depending on when each Member selects the withdrawal option.
To ensure a smooth and equitable process, please allow up to 48 hours for your withdrawal to be processed. If you purchased over $2,000 your Identity Verification must be completed before withdrawal. ID Verification status is displayed above your SALT Balance in the dashboard. You can Verify here:
https://membership.saltlending.com/upload You will have the option to change your ETH address during the withdrawal process, or you can choose to use the address you provided during your Member registration. Any further questions can be directed to
Support@SaltLending.com * Wallets
You will be able to receive your SALT Memberships in the following recommended wallets: Exodus (update to the latest version) and soon Jaxx.
SALT can also be sent to MyEtherWallet, but in in order to view your SALT Memberships you will need to complete the following steps.
Visit MEW (
www.myetherwallet.com) and go to the “View Wallet Info” page
Click “Add Custom Token”
Enter the contract address: 0x4156D3342D5c385a87D264F90653733592000581
Enter the decimal value "8"
Add the token symbol "SALT"
Click “Save”
update 12/28/2017SALT loans are live!
We have issued initial loans to a small group of members and we expect to have originated over $10m in loans by the end of this year. Our platform will continue to be rolled out in stages to ensure quality and security as we scale to meet the extraordinary demand for loans. We are excited to extend the application process to all of our community and expect to have between $50m and $75m in active loans by the end of January 2018. We are working as quickly as possible to safely and responsibly expand the rollout to serve the needs of each and every member.
While we will be continually adding new features and issuing more loans over the coming months, we are committed to a prudent and careful growth strategy. Our first priority is, and always will be, maintaining a secure and trustworthy product through every stage of deployment.
Some important things to note:
We will be initially providing loans (US dollar denominated and backed by Bitcoin or Ethereum) first to Enterprise members, followed by Premier members, and then to Base members.
As we continue the rollout this week, you will see a loan application form in your membership dashboard. If you have not already done so, you will be required to verify your identity before you can apply for a loan.
Each member’s access to loans and the order in which members are served will be determined case-by-case based on membership tier, local jurisdiction laws, and the order in which they applied for a loan.
As a thank you to our community, we will be allowing members to repay both their principal and interest with SALT (valued at retail price) instead of US dollars. Terms and conditions are subject to change and limitations. Final terms determined at the origination of each loan.
update 02/24/2018Updates to the Dashboard:
We are rolling out more features as we continue to scale our platform. The next time you log into the dashboard, you’ll notice that the “Deposit SALT” button has moved to the new Wallet tab. From now on, the wallet is where you’ll deposit SALT. Additionally, members that are approved for a loan will be able to deposit their collateral Bitcoin or Ethereum into the wallet during the origination process.
More details soon, so stay tuned for updates!
Salt Lending Contacts 
website:
https://www.saltlending.com Dashboard:
Membership Dashboard| Private team:
https://www.saltlending.com/about faq:
https://saltlending.zendesk.com/hc/en-us support:
support@saltlending.com whitepaper:
SALT Abstract facebook:
http://facebook.com/SALTLENDING/ twitter:
http://twitter.com/SALTLending telegram:
https://t.me/joinchat/BmtZ5kKgf4ekiNLggHRDmQ
