# Manager Lending ## Required for [ETH](/bracket/real-yield-powered-by-bracket/bracket-strategies-eth+-yield.md)[+](/bracket/real-yield-powered-by-bracket/bracket-strategies-eth+-yield.md) Returns Users deposit brktETH into Strategy Vaults so managers can attempt to generate[ ETH+](/bracket/real-yield-powered-by-bracket/bracket-strategies-eth+-yield.md) returns. The manager wants to maintain ETH exposure at all times. Therefore, managers lock up their brktETH as collateral and can either utilize the LSTs directly or borrow against them to maintain long ETH exposure. Locking up brktETH (or underlying collateral) is already giving them ETH exposure plus the block rewards for brktETH. In the case the LSTs are used as collateral for on-chain lending, the manager is charged an interest rate for the loan and must generate a return that exceeds the interest rate they are required to pay. ### Lending Facilities Bracket has approved three primary lending facilities for managers, AAVE, Compound, Morpho Blue. These facilities should have sufficient depth to borrow against LST collateral if required. Managers must monitor and manage their positions in order to avoid liquidation as well as generate a positive return. \ \ These protocols are whitelisted by default. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bracket.fi/product/bracket-platform/manager-lending.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.