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About Kelp
Kelp DAO is a liquid restaking protocol that issues rsETH—a token representing ETH restaked on EigenLayer. This allows users to earn restaking rewards while keeping their assets liquid for DeFi.
rsETH simplifies restaking by handling operator selection, AVS management, and reward distribution. Users deposit LSTs (stETH, ETHx, etc.) and receive rsETH that can be used across DeFi.
Kelp has grown to become one of the largest liquid restaking protocols, with rsETH integrated across major DeFi platforms for lending, trading, and yield strategies.
Key Features
rsETH Token
Liquid restaking token for EigenLayer
Multi-LST Support
Accept stETH, ETHx, and more
DeFi Integration
Use rsETH across DeFi protocols
Managed Restaking
Kelp handles operator selection
Reward Aggregation
Earn staking + restaking rewards
Kelp Miles
Earn points for ecosystem participation
Use Cases
Liquid Restaking
Restake while maintaining liquidity
DeFi Collateral
Use rsETH as collateral in lending
Yield Stacking
Combine restaking with DeFi yields
Points Farming
Earn EigenLayer + Kelp points
Simplified Restaking
Restake without managing operators
Project Info
Frequently Asked Questions
rsETH is Kelp's liquid restaking token. It represents ETH restaked on EigenLayer through Kelp. rsETH earns restaking rewards and can be used in DeFi. The value of rsETH increases relative to ETH as rewards accrue.
Both offer liquid restaking. Kelp accepts multiple LSTs (stETH, ETHx, etc.) while Ether.fi uses native ETH. Kelp issues rsETH; Ether.fi issues eETH. Both integrate with EigenLayer. Choose based on which token you prefer to deposit.
Kelp Miles are points earned by holding rsETH and participating in Kelp ecosystem. Miles likely convert to KELP tokens when launched. Earn more miles by depositing larger amounts and using rsETH in DeFi.
rsETH inherits risks from underlying LSTs, EigenLayer restaking, and Kelp smart contracts. Kelp has been audited. Restaking adds slashing risk from AVS validation. Consider these layered risks when depositing.
Deposit supported LSTs (stETH, ETHx, sfrxETH) on Kelp's website to mint rsETH. You can also buy rsETH on DEXs like Curve or Balancer. Minting directly earns you Kelp Miles.