Should loans be debts of the trust? Where they are secured by the Res of the trust?
Or should loans be secured by beneficial interest in the trust?
Do we consider that the smart contract is holding 'possession' of the beneficial interest, because it will have the ability to assign it in the event of default?
Should loans be debts of the trust? Where they are secured by the Res of the trust?
Or should loans be secured by beneficial interest in the trust?
Do we consider that the smart contract is holding 'possession' of the beneficial interest, because it will have the ability to assign it in the event of default?