SALT vs Compound vs AltLending
What problem does this service solve?
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. | Altlending enables clients to receive cash loans, by depositing their Bitcoin or Ethereum. |
Token Stats
Not Relevant |
Company Description
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. | AltLending is an institutional, crypto-backed lending platform that makes U.S. Dollar loans that are secured by cryptocurrency assets placed in collateral. AltLending is a subsidiary of Dominion Capital and is based in New York. |