Kelp DAO
Kelp DAO is a liquid restaking protocol that enables users to earn staking and restaking rewards via rsETH while maintaining asset liquidity for DeFi usage.
Overview of Kelp DAO Kelp DAO is a leading Liquid Restaking Protocol built originally on top of EigenLayer. It focuses on unlocking liquidity for assets deposited into restaking networks, allowing users to earn enhanced yields without locking up their capital. By issuing rsETH , a liquid restaking token (LRT), Kelp DAO provides a wrapper for liquid staking tokens (LSTs) like stETH and ETHx, making them productive within the broader DeFi ecosystem while they earn restaking rewards. Core Utility: The rsETH Token The primary value proposition of Kelp DAO is the creation of rsETH . Traditionally,
