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.
hgETH Adds AuraFinance Position While Maintaining 10.8% ETH Rewards
KelpDAO's hgETH strategy update shows portfolio adjustments with consistent performance: - Overall reward rate: 10.8% on ETH - New strategic position: AuraFinance rsETH <> WETH vault (9% reward rate) - Top performers: MovementLabs rsETH vault and Upshift.fi (18% and 15% respectively) - Temporary liquidity buffer established on Euler Finance - Portfolio now spans 12 positions, with AAVE v3 having largest allocation (19%) Capital has been reallocated to rsETH leveraged trades for improved efficiency. Team continues exploring new ETH-based opportunities. [Mint hgETH](https://kelpdao.xyz/gain/growth-vault/?utm_source=highguide)
KernelDAO Issues Security Warning Following $KERNEL Launch
Following the successful launch of $KERNEL token, KernelDAO has issued important security guidelines: - Only trust communications from official @kernel_dao and @KelpDAO channels - Team will **never** initiate DMs or request sensitive information - Verify all URLs and beware of phishing attempts - Avoid engaging with unofficial token contracts or DEX pools - Be skeptical of unsolicited airdrops or giveaways The warning comes as part of ongoing efforts to protect the community during the token generation event (TGE) period. Claims for eligible participants remain open until June 13, 2025.
EigenLayer Introduces Slashing Support with Extended Withdrawal Period
**EigenLayer Updates:** - Slashing support launches April 17th - Withdrawal delay increases from 7 to 14 days - Kelp users can access instant liquidity via buffer pool **Key Protocol Changes:** - AVS participation in slashing is optional - Monthly check-ins with AVS providers - No automatic slashing implementation - Risk isolated to individual operators **Dual-Vault Strategy Features:** - TAC Gain vaults for ETH and BTC assets - 90-day lock period - Multiple reward types including TAC tokens, Kernel Points, and EIGEN rewards *For more details, visit [KernelDAO](https://kerneldao.com/kelp/gain/)*
Kernel Token Launch Achieves 18k+ Holders Milestone
KelpDAO's unified token $KERNEL has successfully launched, reaching over 18,000 holders. The token unifies three established products: - Kelp: Ethereum LRT with $2B+ TVL and 600k+ ETH deposited - Kernel: BNB Chain's security layer with $660M+ TVL - Gain: Tokenized reward vaults with $150M+ TVL The token integrates governance, slashing, and shared security features across the ecosystem. Launch occurred on April 14, 2025, marking a significant milestone in restaking infrastructure.
KERNEL Token Utility and TGE Launch Details
The KERNEL token ($KERNEL) launches April 14th with multiple utilities across the KernelDAO ecosystem: - **Shared Security**: Stake tokens to provide economic security for ecosystem applications - **Slashing Insurance**: Earn protocol rewards while protecting against slashing events - **Governance**: Participate in decision-making across Kernel, Kelp, and Gain protocols - **Liquidity Mining**: Earn rewards through AMM liquidity provision The token unifies three core components: 1. Kelp's LRT 2. Kernel's shared security system 3. Gain's tokenized reward vaults This integration creates a value cycle connecting infrastructure users, validators, and developers.