DeFi Intel

Kelp DAO dao

Dao · PageRank 0.0000

Overview

Kelp DAO is a liquid restaking protocol on Ethereum whose token, rsETH, gives holders aggregated exposure to liquid staking tokens that are restaked through EigenLayer. Depositors receive rsETH and earn Ethereum staking yield, EigenLayer restaking rewards and the protocol's Kelp Miles points in a single liquid token that can be used across other DeFi applications. In February 2024 Kelp introduced KEP, a token that made otherwise illiquid EigenLayer points tradable. The protocol grew into one of the largest liquid restaking platforms, with rsETH integrated across dozens of DeFi venues.

Relations

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Frequently asked questions

What is Kelp DAO?

Kelp DAO is a dao tracked in the DeFi Intel knowledge graph.

What type of entity is Kelp DAO?

Kelp DAO is classified as a dao (dao) in the DeFi Intel knowledge graph.

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Sources

Facts on this page were verified against the following sources.