This is one way I valuate SALT Lending.
Basically I see the SALT token as a loan origination fee. Most loan origination fees are above $100 and more for a couple thousand loaned.
For ex: With good credit you may get credit access checks for 0% for 18 months w a 3% transaction fee. After 18 months if there is a balance you'll pay double digit % interest. So for 10,000 loan it'll cost $300 for 18 months = 10,300 total for the loan. These access checks are for good credit scores as well. That's a $300 origination fee.
If you like SALT's lending terms (crypto collateral) then 10,000 loan with them so far is one token redeemed. It's under $6 now.
Let me know anything I may have missed in these thoughts and Thanks for watching and listening! Tpops2 OUT!
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