Kelp DAO
Kelp DAO is a liquid staking platform focused on creating Liquid Restaking Solutions (LRS) for public blockchain networks. It is developing rsETH on EigenLayer for Ethereum, allowing restakers to mint rsETH tokens that represent fractional ownership of underlying assets, thereby providing liquidity to traditionally illiquid restaked assets. Kelp DAO enables users to leverage rsETH tokens in DeFi, exchange them for liquidity, or redeem the underlying assets, without imposing fees on LST deposits.
Overview
Kelp DAO is a liquid staking platform focused on creating Liquid Restaking Solutions (LRS) for public blockchain networks. It is developing rsETH on EigenLayer for Ethereum, allowing restakers to mint rsETH tokens that represent fractional ownership of underlying assets, thereby providing liquidity to traditionally illiquid restaked assets. Kelp DAO enables users to leverage rsETH tokens in DeFi, exchange them for liquidity, or redeem the underlying assets, without imposing fees on LST deposits.
- Sector
- # Other
- Ecosystem
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Team
Team information has not been disclosed.
Funding history
1 disclosed rounds- Private
9,000,000 USD
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