rsETH and ezETH Now Available on SparkLend
rsETH and ezETH Now Available on SparkLend
🌊 Liquid Staking Gets Spicy
Two significant integrations have been announced for SparkLend:
- KelpDAO's rsETH has been added as collateral, enabling users to borrow against their staked ETH positions
- Renzo Protocol's ezETH is now supported, expanding borrowing options on the platform
Both integrations offer competitive borrowing rates and streamlined user experience on SparkFi. These additions represent growing options for liquid staking token holders seeking lending opportunities.
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)