"If you miss a payment SALT will automatically sell a portion of your crypto to meet that missed payment."
Does that mean you cant take a loan if you dont own any collateral ?
"If you miss a payment SALT will automatically sell a portion of your crypto to meet that missed payment."
Does that mean you cant take a loan if you dont own any collateral ?
no you cant get a loan without collateral. the collateral is what makes it possible to get a loan with no back ground checks
I rewrote it might be a bit easier to understand