AAVE is the first coin to be offered in such a way and one of my friends bought a 100€ worth of AAVE just to test the service.
Of this 100€ he received 53$ worth of AAVE and 60$ went for ETH blockchain fees (gas price at the time was 157.3 Gwei).
I realize this is not Nash fault but the overall impression was underwhelming. In CEX’s you pay a blockchain fee only when withdrawing assets outside of the exchange so this may look bad for Nash in the eyes of the mainstream users that Nash targets.
If a user would constantly buy/sell via L1 like it uses the L2 the blockchain fees would destroy all profits. Obviously the L1 is not suited for such high frequency trading but how else will Nash raise its trading volume?