Episode 8

Celsius Refinancing Timeline:

• Deadline reminders are provided:

  • February 23rd: Deadline to sign the data sharing agreement.

  • March 15th: Deadline to sign the irrevocable agreement.

• Discussion on the process of signing agreements and potential extensions.

• Importance of completing loan agreements early for priority in refinancing.

Clarifications and Questions on Refinancing:

• Justin addresses rumors and misunderstandings surrounding the March 15th deadline.

• Clarification on the purpose of the irrevocable agreement and its significance.

• Discussion on the need to settle WPE (Withdrawal Pref Exposure) issues before refinancing.

Preparing for Refinancing:

• Instructions on using the refinance calculator to understand options and benefits.

• Importance of submitting agreements promptly to facilitate the refinancing process.

• Assurance that refinancing in California is anticipated without issues.

Introduction to SALT LEND Program:

• Announcement of the SALT LEND program for accredited investors.

• Highlights include attractive rates, no lockup period, and a 30-day withdrawal notice requirement.

• Encouragement to express interest through the provided landing page.

Additional Insights on LEND Program:

• Shawn discusses the rationale behind the SALT LEND program and the process of expanding lending capabilities.

• Emphasis on providing competitive rates and ensuring a safe borrowing experience.

• Invitation for further inquiries and discussions.

Clarification on Yield Generation:

• Discussion on yield generation through over-collateralized loans.

• Highlighting stable yield and low risk associated with the product.

Customer Perspectives and Demand:

• Justin shares insights on customer interest and demand for yield products.

• Interest expressed in ETH and BTC lending products.

• Invitation for feedback and suggestions from the community.

Interactive Product Development:

• Community encouraged to contribute ideas and feedback for product development.

• Promise of implementing the best ideas into future products.

• Excitement about forthcoming roadmap and product expansions.

Invitation for Questions and Closing Remarks:

• Open call for questions from the audience.

• Invitation extended to meet at the upcoming event in Denver.

• No questions received, closing remarks given.

Customer Support and Guidance:

• Response to a customer query regarding loan refinancing confusion.

• Assurance of personalized assistance and guidance from the Salt team.

• Mention of potential tax advantages with refinancing.

Conclusion:

• Appreciation expressed for audience participation.

• Announcement of next week's podcast from Denver.

• Encouragement for further inquiries and engagement with Salt lending program.