rsETH Now Live on Polynomial Finance for Perpetual Trading
rsETH Now Live on Polynomial Finance for Perpetual Trading
🎯 50x Leverage Unlocked
rsETH has launched on Polynomial Finance, enabling perpetual trading on the super chain. Users can now:
- Trade perpetuals (long/short) with up to 50x leverage
- Use rsETH as collateral with no expiration dates
- Earn multiple reward streams:
- 2x Kernel Points (until Season 3)
- 1x Programmatic EIGEN rewards
- OP rewards
- Restaking rewards
Getting started is simple: 1. Connect wallet 2. Deposit rsETH 3. Start trading
This integration adds to rsETH's growing DeFi utility, following recent launches on platforms like Derive XYZ.
Important update for rsETH <> wETH liquidity providers on @movementlabsxyz. 🌱 We're migrating the rsETH <> wETH pair from Liquidswap to @meridian_money's metastable pool to continue earning MOVE rewards. Follow these steps to migrate your positions 🧵
~$55M in rsETH deposits. And most depositors aren't just earning basic rewards. 🌱 While many rsETH holders collect restaking rewards and call it a day, chad restakooors are stacking additional rewards on top. Here's what we're seeing get real traction. 🧵
$11B locked in liquid restaking. 5x growth since early 2024. But 80% users are still in the dark about what liquid restaking really means and offers. Here’s your guide to where liquid restaking stands in 2025. 🌱 blogs.kerneldao.com/blog/where-eth…
Big news, rsETH holders! 🌱 rsETH just went live on @PolynomialFi for perp trading on the super chain. 🔴 Unlock a new way to leverage your restaked ETH. Let's dive in! 🧵
The liquid restaking market sits at ~$11B today. Kelp contributes nearly 20% of the entire market i.e. ~$2B+. We couldn't have built this without you Kelpies, so thought we'd write you a lil appreciation post. 🧜♀️ Here's how we, together, climbed our way up to the second
KelpDAO Completes rsETH Recovery Plan with Final Token Transfer
KelpDAO has completed the operational phase of its rsETH recovery plan by transferring the final tranche of 20,373.72 rsETH to the rsETH OFT adapter. **Key Details:** - The final transfer marks the conclusion of the recovery operation - Transaction confirmed on Ethereum mainnet: [View on Etherscan](https://etherscan.io/tx/0x3be61d4336ea40ca2fa3aed20dc4ef672d4dfd029697a8b599661a6aff4767cb) - This follows the initial tranche transfer on May 14, which reopened rsETH bridging between mainnet and Layer 2 networks The completion of this plan restores full functionality to the rsETH token infrastructure across supported networks.
Kelp and Mantle Discuss DeFi Growth in Upcoming Twitter Space
**Kelp and Mantle are hosting a Twitter Space on March 5 at 1 PM UTC** to discuss the recent growth in Mantle's DeFi ecosystem. The conversation will cover: - Factors driving DeFi expansion on Mantle - Kelp's rsETH integration and its role in the ecosystem - Future developments and plans This follows a previous AMA in September 2024 where Mantle discussed its Layer 2 positioning. [Join the Space](https://x.com/i/spaces/1MJgNgbZQNkGL?s=20)
KUSD Rewards Backed by Real Payment Settlement Activity, Not Market Speculation
**KUSD rewards are generated from actual payment and settlement activity**, marking a departure from typical crypto reward mechanisms that rely on token emissions or market speculation. **Key differentiator:** - Rewards stem from real-world transaction settlement - Activity continues regardless of market conditions - Payments process consistently in both bull and bear markets **Why this matters:** The reward structure demonstrates resilience across market cycles since payment settlement occurs daily, independent of crypto market volatility. This creates a more sustainable reward model tied to genuine economic activity rather than speculative trading. The approach suggests a shift toward utility-driven tokenomics in the liquid restaking space.
wrsETH Supply Cap Doubles on Aave Avalanche Market
**wrsETH supply caps increased to 10k tokens** on Aave v3's Avalanche market after the initial 5k cap filled rapidly. The liquid restaking token launched on Avalanche just last week and quickly reached maximum capacity, prompting this expansion. - Previous cap: 5k wrsETH - **New cap: 10k wrsETH** - Available for deposit now This follows a pattern of high demand for liquid staking derivatives across DeFi protocols, with similar cap increases needed on other networks. [Deposit wrsETH on Aave Avalanche](https://app.aave.com/reserve-overview/?underlyingAsset=0x7bfd4ca2a6cf3a3fddd645d10b323031afe47ff0&marketName=proto_avalanche_v3)
Equilibria Voting Market Opens with 9,372 KERNEL Tokens Available
**Equilibria's weekly voting market is now active** with 9,372 $KERNEL tokens available as rewards. Users can vote for three specific pools to earn their share: - rsETH pool - agETH pool - hgETH pool This represents an **increase from previous weeks** - up from 8,460 tokens last week and 8,220 tokens in mid-November. [Vote now on Equilibria](https://equilibria.fi/vote) to participate in the reward distribution.