Collateralization under stress
mETH Protocol'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 #
No collateral/borrow model; no collateralization ratio concept applicable. mETH is 100% backed by staked ETH at all times (exchange rate = totalControlled ETH / mETH supply). N/A per PD-024.
Sources #
- DocsmETH Exchange Rate — mETH Protocol DocsExchange rate formula: ETH = (totalControlled / mEthSupply) * mEthAmount — always fully backed; no lending/collateral modelretrieved 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 meth-protocol factor RD-F-068 score not_applicable collected_at 2026-05-16 02:17:50