Kelp dao builds upon eigenlayer, a powerful protocol that unlocks the security of ethereum for other blockchains Kelp dao is a liquid restaking protocol on ethereum that lets users maximize staking yields by converting their liquid staking tokens (like steth or reth) into rseth, enabling simultaneous rewards from ethereum staking and eigenlayer services But kelp dao takes it a step further
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It offers a liquid restaking solution through its token, rseth.
Deposit steth or ethx into kelpdao to mint rseth
This “liquid staked eth” can unlock eigenlayer points, kelp miles and apy on eth. Explore the complete review of the kelp staking protocol by coinlaunch Discover all stats and details on team, marketing, potential airdrop and more. This article discusses kelp dao, a new platform developed to enhance liquid restaking and yield farming
Kelp dao comes with unique features such as the liquid restaking token rseth, automated yield optimization using gain vaults and disbursing rewards as kelp miles, offering a solution for value maximization in the defi space.