SALT Lending Platform Adds Dogecoin as CollateralSALT Lending Platform Adds Dogecoin as Collateral
By Sheevika Senanayake - October 19, 2018

SALT Lending platform, a blockchain-based lender who has issued more than $50M in loans, has added Dogecoin (DOGE) as a collateral-crypto token. DOGE has been a constant presence within the market, constantly bucking the bearish trends and sometimes even rising bullishly in defiance of BTC movements. SALT allows users to borrow for personal or business reasons and simply transfers the loan amount into the borrower’s given bank account. Recently, loans less than $75,000 were charged 5.99% interest per annum while loans about $25M were charged 11.99%.