🔁 rsETH Looping Rewards Boosted to 9% on Aave V3 Core Market
🔁 rsETH Looping Rewards Boosted to 9% on Aave V3 Core Market
🎁 9% rewards unlocked
rsETH looping rewards increased on Aave V3
Kelp has launched a boosted rewards campaign for rsETH on Aave V3's Core market, offering up to 9% rewards through rsETH <> ETH loops using E-Mode.
Key details:
- Campaign runs from April 3 to May 1
- Only new supply after April 3 qualifies for boosted rewards
- E-Mode enables more capital-efficient looping strategies
- Previous campaigns on Mantle offered up to 7% rewards
How it works: Users supply rsETH as collateral, borrow ETH, and loop the position to amplify restaking exposure while earning the enhanced reward rate.
Fueling the MoMNTum with rsETH on Mantle 🌱 Join us for an exclusive chat with @Mantle_Official where we unpack one of the fastest growing DeFi ecosystems this cycle - and Kelp's role in powering it. 📅 March 5 ⏰ 1 PM UTC Set your reminders 👇
Less than 30 mins ⏳ @Mantle_Official's - @aave market crossed $1B in under a month. rsETH has been one of the fastest growing assets on it. And we're about to get into why. Mantle State of Mind Ep. 07 with @KMagcap on the panel 👇
Reminder: Join us in an hour as we get into everything CeDeFi on Mantle, alongside the leaders and builders shaping it. Mantle State of Mind Ep. 07, 10 PM UTC+8. Right here on 𝕏. Never fade the MoMNTum. Drop your questions (if any) ↓
Mantle's DeFi ecosystem has been on an incredible run and rsETH has been one of the fastest growing assets on it. 🌱 We sat down with @Mantle_Official yesterday to get into what's working and what's next. Here's what you missed 🧵
You can natively mint or bridge rsETH on @Mantle_Official via the Kelp dApp. Get started. kerneldao.com/kelp/restake/?…
Josh talked about the chicken-and-egg problem that's held back RWA and TradFi adoption on-chain: You need distribution to attract real-world assets, but you need those assets to attract distribution. Mantle's play is using Bybit as the distribution side while Aave and DeFi
Alpha drop from @KMagcap 👀 Kelp is building KUSD, a reward-bearing stablecoin. ⍛ Rewards come from real-world payment and trade financing ⍛ TradFi does ~$300T in annual volume ⍛ Target reward rate: 8-10% Launching in the coming months. Given Mantle's push toward RWAs, it's
The @aave v3 market on @Mantle_Official just crossed $1B in deposits. Mantle committed 8M MNT in incentives over 4-6 months to bootstrap the market. But @joshuacheong was clear: this isn't rented TVL. It's paying for user acquisition and LP growth that compounds. As more users
Full reward stack for rsETH on Mantle: ⍛ Base restaking rewards ⍛ MNT incentives (live until March 18) ⍛ 15 bps subsidy from Kelp ⍛ Looping rewards from the borrow spread
. @joshuacheong responded well to the KUSD direction. Mantle is actively looking at real-world assets and sees the DeFi market as the way to get them on-chain at scale. "The differentiator is going to come from the fact that we can drive more real-world assets that can live in
✧ rsETH integrations & milestones ⍛ rsETH launch on @Mantle_Official: Native minting and bridging went live, with immediate integrations on @MerchantMoe_xyz and the @aave v3 - Mantle market. The Aave market saw supply caps hit twice within days of launch and has now reached
Another day. Another W. The wrsETH supply caps on the @aave v3 - @Mantle_Official market have maxed out yet again! 👻 Total supply now at ~$50M. Boosted rewards run till March 18. Caps increase soon. Be early. ⚓ app.aave.com/reserve-overvi…
Head of Product at @Mantle_Official, @joshuacheong, kicked things off with Mantle's broader vision. Mantle is an EVM-compatible L2 with deep integration with @Bybit_Official, which gives it access to over 70M users. That's a distribution advantage most L2s don't have.
Head of Ecosystem at Kelp, @KMagcap, shared why @Mantle_Official was the right move for rsETH. "Mantle's alignment with Bybit creates a really strong layer of user acquisition that most L2s simply do not have." The focus right now is growing rsETH liquidity and utilization on
wrsETH is now live on @megaeth 🌱 While the timeline debates MegaETH, the builders keep shipping. rsETH is in, and the DeFi stack is already taking shape 🧵
Quick recap: ⍛ @Mantle_Official's Aave v3 market crossed $1B in market size ⍛ rsETH rewards via looping ⍛ 8M $MNT + 15 bps Kelp subsidy + restaking rewards = stacked ⍛ KUSD incoming, powered by real-world payment flows (8-10% target) ⍛ Mantle's CeDeFi thesis is playing out
Up to 7% rewards looping wrsETH <> WETH on the @aave v3 @Mantle_Official market 🌱 wrsETH has been the fastest growing asset on the market with $110M+ supplied. Boosted rewards are live for 2 more weeks. Start looping. ⚓ app.aave.com/reserve-overvi…
Another day. Another W. The wrsETH supply caps on the @aave v3 - @Mantle_Official market have maxed out yet again! 👻 Total supply now at ~$50M. Boosted rewards run till March 18. Caps increase soon. Be early. ⚓ app.aave.com/reserve-overvi…
You can natively mint or bridge rsETH on @Mantle_Official via the Kelp dApp. Get started. kerneldao.com/kelp/restake/?…
The wrsETH supply caps on the @aave v3 - @Mantle_Official market have maxed out! 👻 ~$25M now supplied on Mantle. 🌱 If you're holding wrsETH, boosted rewards are live until March 18th. Caps increasing soon! ⚓ app.aave.com/reserve-overvi…
wrsETH is the fastest growing assets on the @aave v3 - @Mantle_Official market 🌱 ~$110M supplied. Boosted rewards are live until April 15. Supply now. ⚓ app.aave.com/reserve-overvi…
MoMNTum on @aave: Beyond the top assets last week, there’s more brewing beneath the surface to make DeFi mainstream. Meet the rising Mantle assets on Aave.
DeFi Analyst and Vaults Lead at Kelp, @Whyshock, walked through what users are actually doing with rsETH on @Mantle_Official. The main strategy is looping: supply wrsETH as collateral on @aave v3, borrow WETH, and loop to amplify restaking exposure. ETH supply has been tight
⍛ rsETH launch on @megaeth: Now live with native support via @aave v3 and @kumbaya_xyz, opening new looping, and liquidity opportunities on the chain.
wrsETH is now live on @megaeth 🌱 While the timeline debates MegaETH, the builders keep shipping. rsETH is in, and the DeFi stack is already taking shape 🧵
Less than 90 mins ⏳ We're sitting down with @Mantle_Official to talk about what's behind the explosive DeFi growth and what's cooking next. ⏰ 1 PM UTC Be there! x.com/i/spaces/1MJgN…
Fueling the MoMNTum with rsETH on Mantle 🌱 Join us for an exclusive chat with @Mantle_Official where we unpack one of the fastest growing DeFi ecosystems this cycle - and Kelp's role in powering it. 📅 March 5 ⏰ 1 PM UTC Set your reminders 👇
⍛ @aave v3 just launched on @Mantle_Official with wrsETH as a supported collateral asset. 👻 Supply wrsETH, borrow against it, or loop it. And the best part? You can get boosted rewards on wrsETH supply till March 18th. Don't miss out. ⚓ app.aave.com/reserve-overvi…
rsETH is now live on @Mantle_Official 🌱 Our LRT expands to Mantle's growing DeFi ecosystem, with exciting opportunities across lending and liquidity. 🧵
rsETH on @aave V3 just got a boost. 👻 Loop rsETH <> ETH on the Core market using E-Mode and push your rewards up to 9%. Campaign runs April 3 - May 1. Note: any supply before April 3 won't be eligible for the boosted rewards. Get started. ⚓ app.aave.com/reserve-overvi…
KelpDAO Faces Technical Issues While Preparing KUSD Launch
KelpDAO is currently experiencing technical difficulties with its rewards system and fashion features. The team has acknowledged these issues and is working on fixes. Meanwhile, the protocol is preparing to launch **KUSD**, a new stablecoin product. No specific timeline has been provided for either the bug fixes or the KUSD release. Users should expect temporary disruptions to rewards distribution and fashion-related features until the issues are resolved.
KUSD Opens Access to $10 Trillion Trade Finance Market
**Trade finance**, a **$10 trillion market** that predates cryptocurrency, has proven resilient through recent economic crises. **KUSD** now provides direct access to this established sector. **Key Points:** - Trade finance operates independently of crypto market volatility - The market has maintained stability during turbulent periods - KUSD serves as an entry point for participants seeking exposure to traditional trade finance This development bridges traditional commerce infrastructure with digital assets, offering access to a market that processes real-world transactions rather than speculative trading.
Regulators Demand Transparency as Stablecoin Oversight Tightens Globally
**Regulatory pressure intensified in 2026** as global institutions moved to control stablecoins: - World Economic Forum classified stablecoins as a geopolitical concern - EU proposed kill switch mechanisms for stablecoin operations - US enacted the GENIUS Act establishing formal oversight **The common thread**: regulators want full transparency into stablecoin reserves and operations. This shift follows a turbulent year where geopolitical events—shipping disruptions, bond crashes, and regional crypto bans—exposed vulnerabilities in existing stablecoin models. KUSD positions itself as aligned with this regulatory direction, building compliance into its core design. The message is clear: the era of opaque stablecoin operations is ending.
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)