Staking

On-chain ETH part of the collateral pool is deposited into staking.

Allocation of ETH collateral across liquid staking protocols and dedicated staking infrastructure:

Protocol / Provider	Allocation
Lido wstETH	100%

ETH delegated as margin with institutional custodians is partially held in staked format.

Custodian / Exchange	Staking Instrument	Allocation (% of collateral delegated)
Ceffu / Binance	WBETH	80%
Fireblocks / Deribit	stETH	0%

Allocation of collateral held with Fireblocks into stETH to be increased once relevant integration goes live.