SALT Lending Update 9/27/17

in #saltlending7 years ago


Hello SALT Community,

1) Referral Bonus Updates


We’re excited to announce changes to the structure of the Referral Bonus Program:

Going forward, you will receive five (5) bonus SALT membership for every friend that uses your referral link to purchase thirty (30) or more Memberships, and your referred friend will receive one (1) bonus SALT as well!

An additional benefit of the Referral Bonus Program is that you’ll also be qualified to participate in the Staking Rewards (details to be announced soon).

Please note: it may take several weeks for your Referral Bonus to be added to your account, so please allow for some delay.

For more information, see the SALT Membership Referral Guide located in the dashboard.


2) Membership Open


With the completion of the review, we're happy to announce that SALT Memberships are officially available for purchase through your dashboard (25,000 available at $15 each). If you are one of the people in the waiting line to purchase we’ll be approving new Members in order, so keep an eye out for an email notification that your profile has been approved to purchase.


3) Membership Upgrades


You can now login to the dashboard and upgrade your base Membership to the Premier tier with a $100k borrowing limit or Enterprise with a $1m+ borrowing limit. For a limited time, when you upgrade to an Enterprise Membership you’ll also get a SALT branded Ledger Nano S!


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Your Membership will be valid for one year from the date of our platform’s launch. Please note: this step must be completed before you can withdraw your SALT.


4) Withdrawal Live

We are happy to announce that Memberships are now available for withdrawal through your dashboard. You must redeem at least one SALT before you can withdraw your SALT although the year membership will not start until the SALT Lending Platform goes live.


Some important notes:


  • Withdrawals will be processed on a first come, first serve basis depending on when each Member selects the withdrawal option.

  • To ensure a smooth and equitable process, please allow up to 48 hours for your withdrawal to be processed.

  • If you purchased over $2,000 your Identity Verification must be completed before withdrawal. ID Verification status is displayed above your SALT Balance in the dashboard. You can Verify here: https://membership.saltlending.com/upload

  • You will have the option to change your ETH address during the withdrawal process, or you can choose to use the address you provided during your Member registration.

  • Withdrawals are not mandatory. You can leave all SALT safely in your dashboard.

  • Any further questions can be directed to [email protected]


5) Wallets

  • You will be able to receive your SALT Memberships in the following recommended wallets: Exodus (update to the latest version) and soon Jaxx.

  • SALT can also be sent to MyEtherWallet, but in in order to view your SALT Memberships you will need to complete the following steps.


1.Visit MEW (www.myetherwallet.com) and go to the “View Wallet Info” page

2.Click “Add Custom Token”

3.Enter the contract address: 0x4156D3342D5c385a87D264F90653733592000581

4.Enter the decimal value "8"

5.Add the token symbol "SALT"

6.Click “Save”

This is all great now time to hold or even get a membership!

All this information was taken from the emails I get from salt lending as updates.





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