Zed Run Announces Lending

Zed Run Announces Lending

Zed Run announced it will be adding a lending mechanic to its platform in a recent tweet.

Users will soon be able to lend out their horses to other users to race.

For a user to put up their horse for lending they must first acquire a "Lending Permit,"

For every Lending Permit a user owns that is one horse they are able to lend out.

Once the horse is enters the "Lending Marketplace" it will be stored in a third-company smart contract and will be unable to be sold or bred by the borrower.

Users who wish to borrow a horse to race will visit the Lending Marketplace to do so and will split race winning 50/50 with the lender of the horse. Prizes will be immeidalty sent to both the borrowers and lenders respective wallets.

 

More about Zed Run

The NFT horse racing ecosystem, Zed Run replicates the multi-billion dollar equine industry on the blockchain, where horse owners can buy, sell, breed, and race digital horses. Based on Novus Earth, Zed Run horses are made up of four different bloodlines: Nakamoto, Szabo, Finney, and Buterin, all with varying degrees of rarity, scarcity, and purity. 

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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