Honestly, one of the best project proposals I have read. Would be very interested to see the MVP in action. Fully support this.
The implications of this are much more than DeFi. Whitepaper is really well written.
e.g. this definition, clearly shows thought has gone into this mirroring some complex products already in use outside DeFi.
Definition 5 (Liquidation Risk)
 Liquidation risk is the probability of the first-passage-time being smaller than the ZCB’s time-to-maturity or
 P (τ ≤ T − t)
.