A busy pioneer of equestrian excellence, Zed Run, hit the headlines again for all good reasons. This time, we announced the imminent arrival of our long-awaited peer-to-peer lending protocol.
ZED RUN is coming soon, in a move that will also see the first utility of the brand new ZED token launch a lending platform Allowing existing stable owners to potentially monetize their idle thoroughbreds while allowing those new to the platform to join with minimal financial outlay.
Did someone ask for utility? https://t.co/xvOnR9plUi pic.twitter.com/7BjqmRhjQJ
ZED RUN (@zed_run) August 3, 2022
Astute horse owners must first stake ZED tokens to obtain one lending permit for each horse participating in the program. Then interact with the platform to nominate a thoroughbred they want to lease. Interested racers can then rent the eye-catching mount via their Lending He Marketplace before joining the ZED RUN ecosystem.
Once initiated, the horse remains protected within a trustless lending smart contract. This essentially allows borrowers to race in free and paid races and tournaments. However, this will prevent you from breeding or selling the horse of your choice. Then, if the amateur’s racer achieves success on the track, the loan agreement automatically splits the winnings equally between the horse’s owner and the borrower.
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