KelpDAO Enables rsETH Minting and Bridging on Mantle Network
KelpDAO Enables rsETH Minting and Bridging on Mantle Network
🌉 rsETH arrives on Mantle
KelpDAO has launched native minting and bridging capabilities for rsETH on Mantle Network through the Kelp dApp.
Key Details:
- Users can now mint or bridge rsETH directly on Mantle
- Access available through the Kelp dApp
- Expands rsETH availability across multiple networks
This integration follows similar functionality recently added for wrsETH on MegaETH, demonstrating KelpDAO's continued expansion of its liquid restaking token across various blockchain networks.
You can natively mint or bridge rsETH on @Mantle_Official via the Kelp dApp. Get started. kerneldao.com/kelp/restake/?…
wrsETH Supply on Aave v3 Mantle Market Doubles to $50M in Days
The wrsETH supply caps on Aave v3's Mantle market have reached their limit for the second time in just three days, with total supply now at approximately $50 million. **Key developments:** - Supply doubled from $25M to $50M since February 20 - Caps maxed out again, indicating strong demand - Boosted rewards program continues until March 18 - Supply caps will be increased soon The rapid growth follows Aave v3's launch on Mantle on February 19, which introduced wrsETH as supported collateral. Users can supply wrsETH, borrow against it, or use looping strategies while earning boosted rewards. The repeated cap maximums suggest significant user interest in the Mantle deployment and wrsETH opportunities. [View market details](https://app.aave.com/reserve-overview/?underlyingAsset=0x93e855643e940d025be2e529272e4dbd15a2cf74&marketName=proto_mantle_v3)
rsETH Expands Cross-Chain Availability and Protocol Integration
KelpDAO's liquid restaking token **rsETH** is expanding its reach across multiple blockchain networks and DeFi protocols. **Key developments:** - rsETH recently launched on MegaETH - Additional chain integrations are planned - More protocol partnerships in the pipeline - Token continues generating combined base staking and restaking rewards The expansion gives users more options to deploy their restaked ETH across different ecosystems while maintaining liquidity. rsETH allows holders to earn staking yields plus additional restaking rewards through Eigenlayer without locking their assets.
rsETH Expands to Mantle Network
KelpDAO's liquid restaking token **rsETH** has launched on **Mantle**, expanding the protocol's reach into Mantle's DeFi ecosystem. The integration brings new opportunities for: - Lending protocols - Liquidity provision - DeFi composability This follows the recent deployment of **wrsETH** (wrapped rsETH) on MegaETH, showing continued expansion of KelpDAO's liquid restaking solutions across multiple networks. The move strengthens Mantle's DeFi infrastructure while giving rsETH holders additional venues for yield generation and capital efficiency.
wrsETH Launches on Kumbaya DEX with Dual Reward Opportunities
**wrsETH is now available on Kumbaya**, MegaETH's native decentralized exchange. - Liquidity providers can earn **dual rewards**: restaking yields plus trading fees - Users maintain full exposure to restaking rewards while participating in DEX liquidity pools - Similar integration recently launched on [Merchant Moe](https://merchantmoe.com/pool/v1/0x93e855643e940d025be2e529272e4dbd15a2cf74/0xdeaddeaddeaddeaddeaddeaddeaddeaddead1111), Mantle's native DEX This expansion gives wrsETH holders more options to put their assets to work across multiple chains while preserving restaking benefits.