bETH collateral onboarding

Ok great :slight_smile:

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

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.

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…

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

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