SALT is a crypto lending platform that is powered by the SALT token. It allows users to leverage their blockchain assets to secure cash loans, and get fast liquidity without having to sell them.
Celsius Network is developing an Ethereum-based lending platform. They aim to replace banks as centralized loan providers, and to allow cryptocurrency holders to earn returns by lending. Through the Celsius Wallet, users will be able to lend and borrow coins at significantly reduced rates compared to traditional financial institutions. The Celsius App is available on iOS and Android, and enables users to send funds with no fees.