Kelp DAO is a triple yield re-staking protocol based on EigenLayer. rsETH is a Liquid Re-staking Token (LRT) issued by Kelp DAO, which aims to provide liquidity for illiquid assets deposited in re-staking platforms (such as EigenLayer)
Achievements so far
TVL exceeded $1 billion a few months after launch
Over 40,000 re-staking participants
Cooperated with more than 10 Layer2s such as Arb, Op, Linea, zkSync, Scroll, Blast
Cooperated with more than 40 DeFi protocols such as Pendle, Gearbox, Balancer
Kelp completed $9 million in token financing in the first round with a valuation of $90 million
Well-known investment institutions: Susquehanna International Group, laser Digital (Crypto arm of Nomura Bank, Japan), Bankless, GSR, etc. 0 reply
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