KelpDAO Restaked ETHrsETH Price

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.