At Kelp DAO, we’re always pushing the boundaries of what’s possible in DeFi. Our mission is to build innovative products that empower our community to maximize rewards while exploring new opportunities in a trusted setting. Our liquid restaking token, rsETH, and new Airdrop Gain receipt token, agETH, are designed with these goals in mind.

While both tokens serve different purposes within the DeFi ecosystem, they are also designed to be used together for optimal results.

rsETH: The DeFi reward powerhouse

rsETH was created in order to give our community the ability to combine staking and restaking rewards without losing liquidity — a common pain point for DeFi participants. Users are able to mint the token by depositing ETH, ETHx, or stETH through the Kelp dApp and tracking rewards via our dashboards. For those who prefer, one can also simply swap for rsETH across various DEXes and lending markets.

One of the strengths of rsETH is its versatility and flexibility across networks and platforms. As a result, rsETH can be minted natively on 9+ Layer 2 networks including Arbitrum, Optimism, Blast, Scroll, Linea, ZKsync, LayerZero, and the Ethereum mainnet, making it widely accessible. Holders earn Kelp Miles, EigenLayer Points, and various protocol rewards, all while retaining the liquidity needed to stay agile in the fast-paced world of DeFi.

rsETH is integrated with over 40 DeFi platforms across these nine networks, giving our community unparalleled access to a diverse range of DeFi opportunities. With over $300 million in liquidity, platforms like Balancer, Pendle, Aerodrome, Derive, Gearbox Protocol, Curve, Ramses exchange, Nile exchange and Camelot DEX, allow for you to leverage rsETH flawlessly over liquidity pools, lending markets, yield optimizers, vaults and more. Simply put, rsETH is the most flexible LRT on the market by design.

agETH: Your gateway to airdrop farming and beyond

agETH represents our commitment to innovation in reward optimization. This reward-bearing receipt token is the tokenized representation of a depositor’s pro-rata share of our newest product, Airdrop Gain. Super easy to use, one simply deposits ETH, rsETH, ETHx or stETH into Gain and receives agETH in turn./

Our seamless integrations and partnerships offer agETH holders access to multiple airdrops with minimized gas fees and zero bridging costs across Linea, Scroll, Karak, Kelp DAO, EigenLayer and infra partners.

While agETH can only be minted on the Ethereum network through Kelp Gain, it can further be utilised across the broader DeFi landscape. We designed agETH to maximize airdrop potential and to enable participation in advanced DeFi strategies.

By leveraging agETH on platforms like Pendle, Balancer, Equilibria Finance you can unlock a new layer of rewards.

The perfect pair: agETH and rsETH

While compelling on their own, we believe that agETH and rsETH are even stronger together. By combining the liquidity and DeFi utility of rsETH with the reward optimization of agETH, you can realise these intended synergies.

For example, by depositing a part of your rsETH holdings into the Airdrop Gain vault, you can mint agETH and then earn rewards from both tokens simultaneously. Additionally, you can further enhance their returns by participating in the rsETH <> agETH pool on both Balancer and Pendle.

At Kelp DAO, we’re proud of excited for what agETH and rsETH bring to the table. Whether you’re looking to stack restaking rewards or maximize airdrop potentials, these tokens are designed to help you maximise your DeFi rewards.

Explore agETH and rsETH and discover how they can enhance your DeFi journey. Stay up to date on our community channels as we continue to innovate and lead the way in decentralized finance.

Our aim is to continue to innovate and create access to more cutting-edge strategies to enhance your restaking and DeFi journey. Follow our community channels to stay up to date on the latest!