How to Use Kelp DAO
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)
. -
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Step-by-Step Instructions
1
Visit Kelp DAO
Go to kelpdao.xyz and connect your wallet.
Tips
- ✓Available on Ethereum and Arbitrum
Warnings
- ⚠Only use kelpdao.xyz
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