Name: KelpDAO Restaked ETH
SKU: rsETH
Price: 3103.345133748937 USD

<p>rsETH, issued by Kelp DAO, is a Liquid Restaked Token (LRT) providing liquidity for assets deposited into restaking platforms like EigenLayer. It addresses the limitations of current restaking offerings by allowing restakers to stake their LST and mint rsETH tokens, representing fractional ownership of the underlying assets. rsETH distributes these tokens to different Node Operators within the Kelp DAO, accruing rewards from various services. The rsETH token's value reflects the combined value of the rewards and staked tokens. Restakers can swap rsETH for instant liquidity on AMMs or redeem underlying assets, and further leverage them in DeFi applications. </p>

KelpDAO Restaked ETH

rsETH is a Liquid Restaked Token (LRT) issued by Kelp DAO. 

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Kelp DAO is shaking up the world of restaking by introducing $KEP - Kelp Earned Points. This article is all about the Kelp DAO airdrop guide.

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LRTs (liquid restaking tokens) and the emergence of layer two solution Blast are powering a new wave in DeFi staking. In this article, we’ll look at the backdrop behind this development, what it means for DeFi staking and what the major trends are in the space. Liquid restaking tokens – the newest innovation in LSDs […]
The post The New Wave in DeFi Staking – Liquid Restaking Tokens and Blast appeared first on The Daily Hodl.

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