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Salt is a blockchain-based lending platform that enables users to borrow fiat currency or stablecoins by using their cryptocurrency holdings as collateral, without requiring credit checks or traditional underwriting. The platform's unique value proposition is that it allows crypto holders to access liquidity while maintaining ownership of their digital assets, with SALT tokens serving as the native utility token for accessing lending services and earning rewards. Key features include low interest rates, decentralized governance, and the ability to borrow against a variety of cryptocurrency collateral while avoiding the volatility and forced liquidation risks associated with traditional crypto lending.