Episode 10

Episode Summary

ETHDenver Recap
- The team recaps their recent presence at Denver, highlighting increased developer attendance and continued interest in layer two technologies.
- Topics include Bitcoin layer two developments, social media integration with blockchain, and advancements in decentralized AI.
Bitcoin Price Surge
- Discussions revolve around the latest Bitcoin surge, exploring its impact and potential actions for investors.
- Market sentiment suggests a bullish outlook, with anticipation of increased retail participation and continued institutional interest in Bitcoin.
Celsius Refinance Updates
- Updates on the Celsius refi process are provided, with indications of progress towards completion within the month.
- Questions regarding potential deadline extensions for the Celsius refi process and backup plans for California licensing are addressed.
- Listeners are encouraged to contact SALT’s support team for any further inquiries or assistance with loan paperwork.
- Participants discuss the delay in Celsius loans, mentioning technical issues and logistical challenges.
- Concerns about liquidation risk and confusion regarding refinancing options are raised.
- Mechanics of refinancing process are explained, emphasizing risk mitigation and borrower-centric approach.
Q&A Session:
- Questions about tax implications of Celsius losses and SALT’s utility token are addressed.
- SALT’s offering of 12% APY on stablecoins for accredited investors is highlighted.
- Plans for California residents unable to refinance with SALT are discussed, with emphasis on contingency plans.
- Participants are encouraged to reach out to SALT for further assistance and information.
Closing Remarks:
- Contact information for SALT’s sales and support teams at [email protected] and [email protected].
- Details about SALT’s lending product and current offering are reiterated and more can be learned at https://saltlending.com/lend.
- Appreciation for participants and encouragement to stay informed and engaged with SALT’s updates.