Kelp DAO
Kelp DAO aims to create a decentralized and autonomous ecosystem for automated market-making and liquidity provisioning. By leveraging the principles of decentralization and …
Last updated
Kelp DAO aims to create a decentralized and autonomous ecosystem for automated market-making and liquidity provisioning. By leveraging the principles of decentralization and …
Last updated
What is Kelp DAO?
Kelp DAO was founded by Amitej G and Dheeraj B, who have previously founded Stader Labs, a multichain liquid staking platform with $350M+ in TVL. The team is focused on building Liquid Restaking Solutions for public blockchain networks.
The Kelp DAO team is currently building an LRT solution, rsETH, on EigenLayer for Ethereum.
What is rsETH?
rsETH is a Liquid Restaked Token (LRT) issued by Kelp DAO designed to offer liquidity to illiquid assets deposited into restaking platforms, such as EigenLayer. It aims to address the risks and challenges posed by the current offering of restaking