Kelp and Kernel DAO Relationship Explained
Kelp and Kernel DAO Relationship Explained
🐻 Mama Bear's Secret Recipe
KelpDAO and Kernel DAO are collaborating on a unified vision for DeFi infrastructure, particularly in restaking. Here's what you need to know:
- Kelp operates as a product within the broader Kernel ecosystem
- Both share a vision for tokenized rewards and decentralized infrastructure
- There's ongoing discussion about token structure ($KELP vs $KERNEL)
The partnership aims to reshape DeFi through liquid restaking protocols and infrastructure development. Their combined strategy targets significant market opportunities in the restaking ecosystem.
Key Focus Areas:
- Liquid restaking protocols
- Tokenized reward systems
- Decentralized infrastructure development
Euler Finance Leads hgETH Portfolio with 21% Reward Rate
hgETH's growth vault reports improved total reward rate of 11.6%. Portfolio highlights: - Euler Finance maintains top position at 21% reward rate - Multiple protocols (Upshift, TacBuild, Growcompound) delivering 15% returns - Aave v3 holds largest allocation (45%) with 12% rewards - Portfolio actively managed across 8 protocols Total portfolio breakdown ranges from 3-45% allocations across various strategies including leveraged restaking, ETH vaults, and LP positions. [Mint hgETH](https://kelpdao.xyz/gain/growth-vault/?utm_source=highguide)
Liquid Restaking Market Hits $11B, But Most Users Still Confused
Ethereum's liquid restaking sector has experienced significant growth, reaching $11B in total value locked - a 5x increase since early 2024. Despite this growth, approximately 80% of users remain uncertain about the technology's benefits and applications. Key points: - TVL reached $11B in June 2025 - 5x growth from early 2024 levels - 80% of users still unclear on benefits - Growth driven by EigenLayer speculation - Early user rewards creating additional interest [Read the full analysis](https://blogs.kerneldao.com/blog/where-ethereum-s-liquid-restaking-stands-in-2025-here-s-a-map-for-users-not-tourists)
KelpDAO Governance: Stablecoin Vault Proposal Live on Snapshot
A new governance proposal focusing on stablecoin vaults is now live for $KERNEL holders to vote on. The proposal follows strong community engagement and discussion around two vault options, with the stablecoin vault gaining significant traction. - Voting is now open on Snapshot - All $KERNEL holders can participate - Decision will determine next development priority [Vote on Snapshot](https://snapshot.box/#/s:kernelgov.eth/proposal/0xd97c622c95b3b8c3d8495f13f4f88aee67eb067eb8a426ffe26c096dbbe29f9e)
KernelDAO Proposes New Gain Vaults: Stablecoin or BTC
KernelDAO is expanding their Gain vault offerings and seeking community input on two potential options: - **Stablecoin Vault** - 15-20% reward rate - Leverages Real World Asset (RWA) strategies - **BTC Vault** - 5% reward rate - Full Bitcoin exposure Both vaults will offer Kernel Points to participants. This expansion follows KernelDAO's earlier RWA initiative announcement, which aims to bring traditional assets on-chain. *Join the discussion at [KernelDAO Forum](https://forum.kerneldao.com/t/proposal-launching-a-new-gain-vault-stablecoin-vault-vs-btc-vault/51)*
Balancer V3 Pool on Optimism Offers Enhanced Rewards
The wrsETH/WETH pool on Optimism via Balancer V3 has launched with multiple reward incentives: - 4,500 OP tokens distributed weekly - Double Kernel Points allocation - Programmatic EIGEN rewards This represents an upgrade from previous pools that offered 1,500 OP weekly. The new V3 pool aims to provide improved liquidity and enhanced rewards for liquidity providers. [Pool details on Balancer](https://balancer.fi/pools/optimism/v3/0xe0d0b607539fdb647c4e87eff89588c6bb669c03)