Racer.Loans

Racer.loans is a protocol designed to obtain exposure to the friend.tech key in an efficient manner using capital. Racer is currently in a "borrow-only" mode, where users can purchase and store the key for a fraction of the full key price. For example, assuming the value of the key is 5 ETH and the margin is set at 30%, users only need to pay a upfront fee of 3.5 ETH (to borrow 1.5 ETH) in order to obtain the key, saving 1.5 ETH in upfront costs.