Decentralized Finance (DeFi) Innovation on Solana - Proposes a private, ZEC-backed stablecoin (zUSD) on Solana, overcollateralized by 200% [1] - Suggests using Octane to make zUSD a gas token on Solana [1] - Aims to create unstoppable private stablecoins on Solana [1] Technology and Implementation - Envisions a simple Zcash light client on Solana for private DeFi [1] - Proposes minting hZEC (wrapped ZEC) on Solana as collateral in SOL DeFi [1] - Suggests a method to prove ownership of shielded ZEC in a private pool [2] Potential Benefits - Leverages ZEC for store of value (SoV) and SOL for scalable rails [1] - Enables private DeFi functionalities on Solana [1]

there's a way in which you could have private defi on solana with a simple zcash light client on solanabasically> have shielded ZEC in private pool> generate proof, i.e "I own > 100 shielded ZEC"> sol contract mints hZEC that you use as collateral in SOL DeFi ...