The Era of Native On-Chain Finance

The era of on-chain finance is not defined by simply moving traditional financial products onto blockchains, but by the emergence of financial systems that are native to the blockchain itself.

In this era, financial primitives are transparent by default. Asset states, risk parameters, and liquidation mechanisms exist in open, verifiable forms, rather than being hidden within institutional balance sheets or subject to discretionary control.

On-chain finance replaces trust in intermediaries with executable protocol logic. Risk is no longer managed through manual judgment or post-hoc intervention, but is enforced continuously and deterministically by systems. Capital therefore becomes globally accessible, composable, and programmable, forming open markets that transcend geographic and organizational boundaries.

Moosh is designed for this environment. It treats lending as a foundational financial primitive rather than a standalone product, emphasizing transparency, determinism, and long-term robustness across market cycles.