Pendle Finance's agETH Pool Reaches $7M TVL
Pendle Finance's agETH Pool Reaches $7M TVL
🧜♀️ agETH Pool's Secret Weapon
The agETH pool on Pendle Finance has reached approximately $7M in Total Value Locked (TVL). Users can earn multiple reward streams:
- 3.5x Kernel Points
- Programmatic EIGEN rewards
- Leveraged Restaking rewards
Pro Tip: Enhance your rewards by utilizing YT, LP, and PT tokens within the agETH pool.
Access the pool at Pendle Finance
Partner Spotlight: @sparkdotfi ✨ rsETH is now the number 1 LRT on Spark, reaching an incredible ~$36M in TVL, showcasing massive community confidence! Their innovative lending market has become a key infrastructure piece for rsETH liquidity, with impressive adoption across the
Unichain rewards refreshed! 🌊 Our rsETH <> ETH pool on @unichain continues to offer exceptional incentives with 17.6K UNI allocated for the next two weeks alone. The liquidity momentum continues! 🧵
Partner Spotlight: @pendle_fi 🌱 With Pendle, we're creating powerful earning opportunities across chains. Dive in to explore.🧵
rsETH is making waves across top lending markets! 🌊 With ~$854M in total lending supply on the Ethereum mainnet, rsETH has become a cornerstone of DeFi lending. Let's explore where you can supply rsETH and the rewards you'll earn! 🧵
$25M+ TVL and counting! 🌊 Our rsETH <> ETH pool on @unichain has crossed $25M in TVL. LPs are actively earning from the $5M UNI rewards program while strengthening rsETH liquidity across the ecosystem. The future of restaking is here and it’s liquid. 🌱 🐠
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.