SALT vs Credium vs Compound
What problem does this service solve?
SALT is a lending platform that allows people to use their crytpocurrency assets as collateral to receive loans. | Credium is creating a blockchain-based credit database for the lending industry. | Compound lets users borrow or lend cryptocurrency and earn an interest rate. |
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. | Credium wants to create a blockchain protocol that will be a database for the credit industry. They hope to use blockchain technology to reduce inefficiencies and increase transparency, while eliminating intermediaries. | 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. |