Celsius Network

by Celsius Network

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SALT

by Salt Lending

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Compound

by Compound

4.5/5

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Celsius Network

by Celsius Network

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SALT

by Salt Lending

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Compound

by Compound

4.5/5

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What problem does this service solve?

The Celsius Network will connect lenders and borrowers in a P2P lending market.SALT is a lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.Compound lets users borrow or lend cryptocurrency and earn an interest rate.

Token Stats

Company Description

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.

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.

Compound is an Ethereum-based lending platform that allows DApps to easily monetize or borrow tokens. The Compound token is used to power a money lending market for crypto assets. Projects can earn interest on funds that are inactive. The Compound protocol adjusts money market interest rates based on asset-specific supply and demand. This allows users to exchange Ethereum assets without having to negotiate terms, rates, or technical requirements.

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