rsETH Now Live on Polynomial Finance for Perpetual Trading
rsETH Now Live on Polynomial Finance for Perpetual Trading
🎯 50x Leverage Unlocked
rsETH has launched on Polynomial Finance, enabling perpetual trading on the super chain. Users can now:
- Trade perpetuals (long/short) with up to 50x leverage
- Use rsETH as collateral with no expiration dates
- Earn multiple reward streams:
- 2x Kernel Points (until Season 3)
- 1x Programmatic EIGEN rewards
- OP rewards
- Restaking rewards
Getting started is simple: 1. Connect wallet 2. Deposit rsETH 3. Start trading
This integration adds to rsETH's growing DeFi utility, following recent launches on platforms like Derive XYZ.
Important update for rsETH <> wETH liquidity providers on @movementlabsxyz. 🌱 We're migrating the rsETH <> wETH pair from Liquidswap to @meridian_money's metastable pool to continue earning MOVE rewards. Follow these steps to migrate your positions 🧵
~$55M in rsETH deposits. And most depositors aren't just earning basic rewards. 🌱 While many rsETH holders collect restaking rewards and call it a day, chad restakooors are stacking additional rewards on top. Here's what we're seeing get real traction. 🧵
$11B locked in liquid restaking. 5x growth since early 2024. But 80% users are still in the dark about what liquid restaking really means and offers. Here’s your guide to where liquid restaking stands in 2025. 🌱 blogs.kerneldao.com/blog/where-eth…
Big news, rsETH holders! 🌱 rsETH just went live on @PolynomialFi for perp trading on the super chain. 🔴 Unlock a new way to leverage your restaked ETH. Let's dive in! 🧵
The liquid restaking market sits at ~$11B today. Kelp contributes nearly 20% of the entire market i.e. ~$2B+. We couldn't have built this without you Kelpies, so thought we'd write you a lil appreciation post. 🧜♀️ Here's how we, together, climbed our way up to the second
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.
🚀 Kernel Points Boost
**Stable Gain enhances rewards for sbUSD holders** KelpDAO's Stable Gain vault now offers additional incentives: - **10 Kernel Points daily** per 1,000 sbUSD held - Points **backfilled** for historical balances - **Automatic stacking** with no extra steps required - Updated totals visible on dashboard sbUSD continues providing risk-managed stablecoin yields while now earning bonus points. [Deposit in Stable Gain](https://kerneldao.com/kelp/gain/stable-vault/?utm_source=social)
Kelp's High Gain vault outperforms competitors by 50% in November
**Kelp delivered strong performance across all products in November:** **Gain Vaults Performance:** - **High Gain (hgETH)** maintained #1 position among ETH vaults >$10M TVL with **13%+ rewards** - **Airdrop Gain (agETH)** achieved ~12% weekly rewards with $45M+ TVL - **Stable Gain (sbUSD)** held steady at ~11% rewards with $8M+ TVL **rsETH Expansion Milestones:** - wrsETH launched on Aave v3 Avalanche with 5k supply cap - Native rsETH minting went live on Ink blockchain - Arbitrum TVL hit **$183.9M**, maxing out 60k ETH supply cap - Market cap reached ~$175M (+450% since DRIP launch) **DRIP Epoch 7** deployed with ~2M ARB incentives for ETH strategies. **Community Updates:** Co-founder spoke at NextFin NYBW about Kred's "Internet of Credit" - connecting DeFi with traditional finance through stablecoin liquidity. All three Gain vaults consistently delivered 10%+ rewards despite market volatility, showcasing the platform's risk-adjusted strategy approach.
**DeFi Vaults: Beyond Simple Deposit-Withdraw Mechanics**
**DeFi vaults appear straightforward** - deposit, earn rewards, withdraw. But the reality involves complex backend operations. **What actually happens:** - Tokenization processes - Multi-protocol strategy execution - Continuous risk management - Strategic logic implementation **Key components include:** - Fee structures - Oracle integrations - Contract quality assurance - Automated rebalancing Vaults handle diverse strategies: farming, lending, staking, and delta-neutral positions. Some build on others, creating modular systems. **The automation depends entirely on code quality** - making due diligence essential before depositing funds. For detailed technical breakdown: [KernelDAO Blog](https://blogs.kerneldao.com/blog/what-happens-behind-the-scenes-from-user-deposit-to-vault-deployment)