Any idea on the tax implications of this? Do you have to pay cap gains when using crypto as collateral?
If not, seems like it'd be massively useful for whales to cash out without paying taxes.
If not, seems like it'd be massively useful for whales to cash out without paying taxes.
1 salt token + collateral = 10,000 loan 10 salt token + collateral = 100,000 loan 100 salt token + collateral = 1,000,000 loan
no credit check.