diff --git a/finance/lending/anchor/README.md b/finance/lending/anchor/README.md
index 43226d56..3bc967cc 100644
--- a/finance/lending/anchor/README.md
+++ b/finance/lending/anchor/README.md
@@ -32,10 +32,11 @@ crosses the liquidation threshold and a liquidator can close part of the positio
 ### Accounts
 
 - **`LendingMarket`** — top-level config (owner, quote-currency mint). PDA seeds
-  `["lending_market", owner, market_id]`, where `market_id` is a per-owner `u64`
-  index. Seeding by an index (not the owner alone) lets one owner run several
-  independent, risk-isolated markets — their market 0, 1, 2 … — with no
-  cross-owner collisions.
+  `["lending_market", market_id]`, where `market_id` is a `u64` index. Seeding by
+  an index alone (owner is stored as a field for authorization, not baked into the
+  address) lets one owner run several independent, risk-isolated markets — their
+  market 0, 1, 2 … — with no cross-owner collisions and no individual's key in a
+  shared struct's address.
 - **`Reserve`** — one per asset. Owns a program-controlled liquidity vault and a
   share-token mint, and stores the interest-rate config, the cumulative borrow-
   rate index, available liquidity, and scaled total debt. PDA seeds
diff --git a/finance/lending/quasar/README.md b/finance/lending/quasar/README.md
index 5d5b5730..a27527a0 100644
--- a/finance/lending/quasar/README.md
+++ b/finance/lending/quasar/README.md
@@ -29,8 +29,10 @@ Everything else mirrors the Anchor version.
 ## Major concepts
 
 - **`LendingMarket`** — market config (owner, quote-currency mint). PDA:
-  `["lending_market", owner, market_id]`, where `market_id` is a per-owner `u64`
-  index, so one owner can run several isolated markets (their market 0, 1, 2 …).
+  `["lending_market", market_id]`, where `market_id` is a `u64` index. Owner is
+  stored as a field for authorization, not baked into the address, so one owner
+  can run several isolated markets (their market 0, 1, 2 …) with no individual's
+  key in a shared struct's address.
 - **`Reserve`** — one asset's pool. Owns a program-controlled liquidity vault and
   a share-token mint (both PDAs, authority = the reserve), and stores the
   interest-rate config, the cumulative borrow-rate index, available liquidity, and