SALT is a token of a borrowing and lending network using users' cryptocurrency repositories as collateral. SALT tokens are required to participate on the platform and receive loans.

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APR &amp; APY are terms often seen in #crypto but do you know the difference between them?

Annual Percentage Yield (APY) takes compounding into account while Annual Percentage Rate (APR) does not. The more frequently the interest compounds, the greater the difference between the two

APR & APY are terms often seen in #crypto but do you know the difference between them.