Collateralization under stress
Marinade Finance's assessment for RD-F-068 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Marinade holds no leveraged positions, no borrow/collateral book. All staked SOL directly backs mSOL at the stake-pool exchange rate. Collateralization ratio stress testing applies only to lending/CDP protocols. Per PD-024, not_applicable for non-lending protocols.
Sources #
- DocsMarinade Documentation — What is mSOLMarinade docs — mSOL price = total_staked / tokens_minted; fully backed by staked SOL; no leverage, no collateral bookretrieved 2026-05-16
- Taxonomy §Category 4 PD-024 resolution03-taxonomy.md §Category 4 PD-024 resolution: RD-F-068 lending-only, not_applicable for non-lending protocolsretrieved 2026-05-16
Methodology #
Determine whether under curator-defined stress scenario (top-3 collateral assets drop 50%), protocol net collateralization falls below 110%.
See the full factor methodology and distribution across all protocols →
rubric_version v1.7.0 protocol marinade factor RD-F-068 score not_applicable collected_at 2026-05-16 08:48:35