Pendle Finance's agETH Pool Reaches $7M TVL

**KelpDAO launched its first stablecoin vault in September**, allowing users to deposit USDT/USDC and mint sbUSD for DeFi use while earning up to 20% rewards through UltraYield strategies. **Key September highlights:** - **Stable Gain vault**: No lockups, earning rewards via basis trades and DeFi protocols - **hgETH performance**: Consistent 11-14% reward rates on ETH deposits - **rsETH growth**: Became top ETH asset on Aave v3 Linea with >$360M supplied **Major integrations expanded:** - Native rsETH on Plasma mainnet - PT-rsETH with autonomous allocation on Pendle - rsETH collateral options on Arbitrum DRIP campaign **KernelDAO ecosystem development** includes the Internet of Credit vision, expanding into real-world credit via upcoming Kred and KUSD products. The protocol's three-vault strategy now covers airdrop farming, high ETH rewards, and stable yield opportunities across multiple chains.

Traditional finance manages trillions in assets but operates within **business hours** and **slow settlement times**. **Real World Assets (RWAs)** are changing this by bringing traditional assets onto blockchain: - **24/7 trading** instead of limited business hours - **Instant settlement** in minutes vs days for securities - **Reduced intermediaries** and lower costs - **Enhanced transparency** through on-chain verification Tokenized assets like real estate, US Treasuries, and art become **tradable in decentralized ecosystems**. Platforms like Huma Finance are unlocking **instant liquidity** for financial institutions and enabling **borderless settlements**. This democratizes access to capital and opens new opportunities for entrepreneurs and investors globally.

**Kernel Kollective Sprint #3** is now live with **30,000 $KERNEL** in rewards up for grabs. The month-long competition runs until **October 31** and features: - Brand-new quests across Kelp & Gain platforms - Enhanced competitive structure - Leaderboard rankings system Participants can earn rewards while contributing to the KelpDAO community through various quest completions. [Get started on Zealy](https://zealy.io/cw/kerneldao/questboard/sprints)

**Arbitrum DRIP Epoch 3** is now active, offering users new opportunities to earn additional ARB token incentives. The program allows participants to: - Explore opportunities across supported protocols - Stack extra ARB rewards through various activities - Access incentives through the official platform This marks the third iteration of the DRIP program, following previous epochs that launched in September. Users can participate by visiting the [official opportunities page](https://arbitrumdrip.com/opportunities). **Ready to explore ARB incentives?** Check out the available opportunities on the Arbitrum DRIP platform.

KelpDAO continues development of its liquid restaking protocol on Eigenlayer. The platform enables users to stake ETH while maintaining liquidity through tokenized representations of staked assets. **Key Features:** - Built on Eigenlayer infrastructure - Maintains liquidity for staked ETH - Tokenized staking rewards The protocol aims to solve the liquidity challenge in traditional staking by allowing users to earn rewards while keeping assets accessible for other DeFi activities.