rsETH-ETH Pool Hits $25M TVL Milestone on Unichain
rsETH-ETH Pool Hits $25M TVL Milestone on Unichain
馃寠 25M Reasons to Dive In
The rsETH-ETH liquidity pool on Unichain has achieved a significant milestone, surpassing $25M in Total Value Locked (TVL).
Key features:
- $5M UNI rewards program actively incentivizing liquidity providers
- Campaign runs through July 15
- $150K+ dedicated UNI incentives in current phase
- Rewards collected via Merkl
Additional benefits:
- 1.5x Kernel Points
- 1x Programmatic EIGEN rewards
Pool can be accessed at Uniswap
$25M+ TVL and counting! 馃寠 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鈥檚 liquid. 馃尡 馃悹
Balancer Partnership Expands rsETH Liquidity Across Multiple Chains
Balancer's multi-chain infrastructure has expanded rsETH liquidity beyond Ethereum, with significant TVL across networks: - **Ethereum**: $8.5M+ TVL in rsETH/WETH pool - **Arbitrum**: $700K TVL with competitive rewards - **Optimism**: $250k+ TVL across wrsETH pools Each pool offers unique rewards including: - 2x Kernel Points - USDC weekly incentives - Programmatic EIGEN rewards - Additional chain-specific benefits The partnership leverages Balancer's composable liquidity design to create efficient markets for rsETH across multiple chains.
KernelDAO Expands into Real World Assets, Building on Kelp's Success
KernelDAO announces expansion into Real World Assets (RWA), building on Kelp's significant achievements: - Second largest liquid restaking protocol on Ethereum - Over 600,000 ETH in deposits - Successfully launched tokenized vaults for Airdrops and Rewards **Coming in May**: New stablecoin vault targeting 15-20% rewards The protocol has shown remarkable growth over the past year: - $2B+ Total Value Locked (TVL) - 300,000+ active builders - Integration with 40+ DeFi protocols - Presence on 10+ Layer 2 networks *A full RWA roadmap will be released soon, marking KernelDAO's strategic move to bridge DeFi with traditional finance.*
KelpDAO Teases New Stablecoin Staking Opportunity
A new staking opportunity is being developed for stablecoin holders, promising approximately 20% reward rates. The initiative, set to launch in May, appears to be an extension of earlier efforts to expand Bitcoin staking accessibility. Key points: - Targeted at stablecoin holders - ~20% projected reward rate - Launch scheduled for May 2025 This development follows a March announcement about expanding Bitcoin staking access to a broader user base.
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)