Kelp DAO

Kelp DAO

Unlock higher rewards and DeFi utility for restaked assets through liquid restaking with rsETH.

HQ location
Andorra
Launch date
Employees
Enterprise value
$36—54m
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KelpDAO operates in the decentralized finance (DeFi) market, offering a unique service that enhances the utility and rewards of restaked assets through liquid restaking. The core product, rsETH, is a single liquid restaked token that aggregates multiple Ethereum-based liquid staking tokens (LSTs) such as ETH, stETH, sfrxETH, and ETHx. This approach allows users to access restaking rewards while maintaining instant liquidity and composability within the DeFi ecosystem.

KelpDAO serves individual and institutional investors who are looking to maximize their returns on staked Ethereum assets without the traditional lock-up periods. The business model revolves around providing a seamless and secure platform for managing multiple restaking rewards, supported by top-tier auditors to ensure security and reliability.

Revenue is generated through transaction fees, staking rewards, and potential partnerships with other DeFi services and validators. By joining the KelpDAO community, users gain access to exclusive rewards and updates, fostering a loyal and engaged user base.

Keywords: DeFi, liquid restaking, Ethereum, rsETH, staking rewards, instant liquidity, composability, ETH LSTs, financial security, decentralized finance.

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