Kelp DAO offers liquid restaking through rsETH, allowing you to earn ETH staking yields, EigenLayer rewards, and Kelp Miles simultaneously.
What is Kelp DAO?
Kelp provides:
- Liquid restaking token (rsETH)
- Multi-LST support
- Cross-chain availability
- Kelp Miles rewards program
rsETH Benefits
| Benefit | Description |
|---|
| . . . . - | . . . . . . - |
| Staking Yield | ~3.5% APY |
| EigenLayer Points | Full accumulation |
| Kelp Miles | Additional rewards |
| Liquidity | Trade anytime |
Supported Assets
Kelp accepts multiple LSTs:
- stETH (Lido)
- ETHx (Stader)
- sfrxETH (Frax)
. -
Track Kelp positions with Fensory. All your restaking in one view.
Start Tracking →Step-by-Step Instructions
1
Visit Kelp DAO
Go to kelpdao.xyz and connect your wallet.
Tips
- ✓Available on Ethereum and Arbitrum
2
Select Deposit Asset
Choose ETH or supported LST (stETH, ETHx, sfrxETH) to deposit.
Tips
- ✓ETH will be staked first then restaked
- ✓LSTs skip the staking step
3
Enter Amount
Specify deposit amount and review the rsETH you will receive.
Tips
- ✓No minimum required
- ✓Check current exchange rate
4
Approve and Deposit
Approve token spend if first time, then confirm deposit transaction.
Tips
- ✓Gas costs $15-40 on Ethereum
5
Receive rsETH
rsETH will appear in your wallet representing your restaked position.
Tips
- ✓rsETH appreciates in value over time
- ✓Add to wallet: check Kelp docs for address
6
Earn Kelp Miles
Miles accumulate automatically while holding rsETH.
Tips
- ✓Check dashboard for miles balance
- ✓Referrals earn bonus miles
7
Use rsETH in DeFi
Provide liquidity or use as collateral on partner protocols.
Tips
- ✓Many protocols accept rsETH
- ✓Some offer bonus miles for DeFi usage
