This will be my last post to encourage people to accumulate SALT. If this, or my previous two posts have failed to convince you, so be it.
My last piece of evidence supporting why I think SALT is incredibly undervalued is this, from the Salt lending dashboard:
As I see it, there are two scenarios:
Scenario 1 – Upon launching the platform, SALT remains under the retail amount (currently $25) on the exchanges. In this case, it would be possible to take out a loan in USD, but SALT from the exchanges and pay off the loan with SALT having a value of $25. So SALT on the exchanges would effectively be discount coupons for $25. This, I believe, would create an arbitrage opportunity pushing the exchange value up to retail price.
Scenario 2 – SALT price on the exchanges quickly jumps to match retail price, upon the launch of the platform. In this case, accumulating SALT at current prices (~$3) could yield a 800% gain, or more as the retail price moves up.
So, in summary, you can collect SALT now, or collect the salt from your tears later :)
