“The report of my death was an exaggeration.” -Mark Twain

This year SALT made history as the premier digital asset-based lending platform providing Blockchain Backed Loans™. Since launch, we have built a base of over 70,000 members and growing, as well as serviced more than $50 million in loans. Despite these accomplishments, we recognize that our members are going to demand more of us moving forward.

If it seemed as though we had fallen below the radar recently, you’ll have to excuse us. As loan demand grew dramatically we realized very early that we needed to build a platform that could handle the load. At the risk of disrupting the enthusiasm for SALT in the short term, we decided to take a step back. We believe that silence is not a sign of weakness and trust that you will be as thrilled as we are once you see our upgraded platform.

Over the last couple of months, we’ve been toiling away behind the curtain. Our team, stretching across many disciplines, has now more than tripled. Naturally, with a larger team comes the need for more space, and in June we completed the move of our headquarters to accommodate. Once settled in (no one is above waiting for the Internet installation technician), we proceeded to develop improved technology, create new platform tools, and fortify our security. Below is a list of some of our great new platform upgrades.

• Improved signup and account verification

• Transparency in approved lendable jurisdictions and valid loan amounts

• Insight into loan application status

• Loan customization tool

• Tools to monitor the health status of your loan

• SALT staking slider to reduce your loan interest rate

Over the upcoming days we will be upgrading all 70,000+ members in separate batches. Not to worry if your account has not yet been flagged for upgrade, we are working to get all members upgraded to the new platform as fast as possible.

In the last year, we have traveled the globe in order to understand how to best serve our community. All of these ideas, people and efforts going toward one goal, serving you. Not only more rapidly, but also with greater care.