so using standardised contracts and state channels with no additional protocol tokens Nash can allow p2p cross chain lending/borrowing.
all tied back to price conditions dictated by Nash token price oracle …and other members of the “network”
allowing for shorting … leveraged longs from the borrowers and interest to be earned for the lenders of whatever assets they are idle hodling and not generating an income
im over simplifying … anyone else got any takes on this.
initial thoughts are 2/3 threshold sigs and security containment of loans inside the network of state channel participants
tl;dr we arent integrating with eth defi
but building out our own network of cross chain non custodial defi solutions off state channels