Is this like nostr:npub1yul83qxn35u607er3m7039t6rddj06qezfagfqlfw4qk5z5slrfqu8ncdu lend without the p2p aspect?

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It's like Hodl Hodl without an escrow.

Excuse the ignorance, is the lack of escrow the only similarity to nostr:npub1tt77ckayp4xqgausz72saygxx2574xht9lfm7ftmw40kcttrr0sswmz8a9 ?

Lendasat is based on similar tech (DLCs) though they are taking a pretty different approach which I'd consider still experimental.