# bETH collateral onboarding

**URL:** <https://forum.anchorprotocol.com/t/beth-collateral-onboarding/976>\
**Category:** General\
**Created:** [August 2, 2021, 12:01pm UTC](https://forum.anchorprotocol.com/t/beth-collateral-onboarding/976 "2021-08-02T12:01:29Z")\
**Posts on this page:** 4\
**Page:** 2

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**Author:** ![Sebnondzee](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.anchorprotocol.com/sebnondzee/32/201_2.png) [@Sebnondzee](https://forum.anchorprotocol.com/u/Sebnondzee)\
**Post date:** [August 15, 2021, 3:54am UTC](https://forum.anchorprotocol.com/t/beth-collateral-onboarding/976/21 "2021-08-15T03:54:55Z")

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> [@cryptosig](#):
>
> was not live yet. Thank you. I got my bEth with Lido. Is there a chaeper way perhaps?

Ok great 🙂

for ETH to stETH you may want to look at Curve directly for better rates  
from stETH to bETH , I’m only aware of the Lido route

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**Author:** ![Thorsten](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.anchorprotocol.com/thorsten/32/203_2.png) [@Thorsten](https://forum.anchorprotocol.com/u/Thorsten)\
**Post date:** [August 15, 2021, 12:39pm UTC](https://forum.anchorprotocol.com/t/beth-collateral-onboarding/976/22 "2021-08-15T12:39:13Z")

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Hi there,

I have one question concerning the bETH and bLUNA staking rewards. I understand when you just hold bETH or bLUNA in your wallet you can then claim UST instead of the staking rewards. If you use bETH or bLUNA as collateral then the staking rewards go to the anchor protocol. That’s great!  
But what happens then? A blog post on the lido website says that the bETH staking rewards (when used as collateral on Anchor) are distributed to aUST holders.

> **[A Guide To Collateralising bETH in Anchor Protocol | Lido Finance](https://blog.lido.fi/collateralising-beth-in-anchor-protocol/)**
>
> With the launch of bETH on Anchor, ETH stakers can now collateralize their stETH (in the form of bETH) on the Terra blockchain - in effect, allowing stakers from one blockchain to participate in another blockchain in an efficient manner.

Is this correct? Shouldn’t they go to ANC governance stakers? Where do I find information about things like that? I searched the forum without any results…

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**Author:** ![ryanology045](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.anchorprotocol.com/ryanology045/32/14_2.png) [@ryanology045](https://forum.anchorprotocol.com/u/ryanology045)\
**Post date:** [August 17, 2021, 10:13am UTC](https://forum.anchorprotocol.com/t/beth-collateral-onboarding/976/23 "2021-08-17T10:13:04Z")

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10% of bETH staking rewards are distributed to ANC holders, just like the staking rewards from bLuna

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**Author:** ![SteveDaZeeb](https://avatars.discourse-cdn.com/v4/letter/s/d78d45/32.png) [@SteveDaZeeb](https://forum.anchorprotocol.com/u/SteveDaZeeb)\
**Post date:** [November 1, 2021, 9:16pm UTC](https://forum.anchorprotocol.com/t/beth-collateral-onboarding/976/24 "2021-11-01T21:16:24Z")

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I dig it. Have not used stEth etc. myself but have heard good things.

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