Racer.Loans
@racerloans
borrow against your friends racer.loans
ID: 1707464736726777857
https://www.friend.tech/rooms/0x89a397b6b729beff057471acf473447e105b6acf 28-09-2023 18:38:17
62 Tweet
288 Followers
28 Following
Racer is live! ๐ Leverage your relationships with Racer on friend.tech. Link in the tweet below ๐
Borrowing has arrived on FT โค๏ธโ๐ฅ Chatted w the anon devs (so DYOR) & they said it's borrow-only mode to test PMF rn. Borrowers get a vaulted key for a fraction of full key price (if key price ๐, you can pay back the loan for less & make $). Will add supply side pending demand ๐
A core value prop of crypto is that it enables us to financialize *anything*. The latest example of this is via Racer.Loans -- enabling people to take out loans against friend.tech keys. Loans are powerful as they can be used to hedge your risks, or gain leverage by loaning