# LDO and stETH added as collateral to mint MAI on Ethereum

**URL:** <https://research.lido.fi/t/ldo-and-steth-added-as-collateral-to-mint-mai-on-ethereum/4826>\
**Category:** Projects\
**Created:** [June 10, 2023, 12:58pm UTC](https://research.lido.fi/t/ldo-and-steth-added-as-collateral-to-mint-mai-on-ethereum/4826 "2023-06-10T12:58:16Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![carvas](https://dub1.discourse-cdn.com/flex013/user_avatar/research.lido.fi/carvas/32/570_2.png) [@carvas](https://research.lido.fi/u/carvas)\
**Post date:** [June 13, 2023, 12:09pm UTC](https://research.lido.fi/t/ldo-and-steth-added-as-collateral-to-mint-mai-on-ethereum/4826/2 "2023-06-13T12:09:52Z")

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Thanks again for another update @Benjamin.lens

The borrow rate at 0% is great and was a growth strategy Maker also employed in the past. Awesome to see it now for MAI.

> [@Benjamin.lens](#):
>
> Now you can mint MAI against stETH at 0% interest on Ethereum.

Regarding the project debt financing, last year there were a couple discussions here in the forum about such possibilities ([example](https://research.lido.fi/t/propose-10m-bond-issuance-for-lido/2400/8)), which may be interesting for you to skim.

The Lido DAO [now has a treasury management committee](https://research.lido.fi/t/proposal-to-approve-lido-dao-treasury-management-principles-and-authorize-the-formation-of-a-treasury-management-committee/4279) which will be proposing, maintaining and executing policies related to the DAO’s treasury.  
This can be one of the possibilities that committee can look at if ever a time comes for thinking of debt financing.

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