KelpDAO is a multi-chain liquidity re-staking protocol based on EigenLayer.
rsETH is a native Liquid Restaking Token (nLRT) issued by KelpDAO. Holding this token allows you to automatically earn two types of rewards: proof-of-stake rewards from participating in Ethereum staking and re-staking rewards.
According to Defillama, KelpDAO's Total Value Locked (TVL) has reached 1 billion USD.
In the future, KelpDAO will airdrop KEP tokens at a 1:1 ratio based on EL points. Now, let's look at how to earn EL points.
Learn more:https://kelpdao.xyz
How to Interact with KelpDAO
KelpDAO is deployed on multiple blockchain networks. If you have read "How to Interact with the Linea Network on imToken to Earn Points," you might have a small amount of ETH on the Linea network. This article will show how to interact with KelpDAO on the Linea network.
Note: You can complete a series of tasks in imToken 8th Anniversary on Galxe to earn rewards.
1. Open the Linea account in your imToken wallet, switch to the "Browser" page, and enter KelpDAO in the search box to connect your wallet.
2. At the top of the KelpDAO page, confirm that you are using the Linea network.
If you do not have a Linea account yet, please read: How to Use Linea on imToken?
3. Stake ETH on KelpDAO to get wrsETH and KelpDAO points.
Note: The point rules may change, so please refer to the official announcements from KelpDAO.
Risk Disclaimer: The content of this article does not constitute any form of investment advice or recommendation. imToken does not guarantee or make any promises regarding the third-party services and products mentioned in this article, nor does it assume any responsibility. Digital asset investment carries risks, so please carefully assess these investment risks and make your own decisions after consulting relevant professionals.