KelpDAO

KelpDAO's rsETH token now supports simultaneous participation in multiple validator jobs, enhancing earning potential for stakers. This development marks a significant evolution in liquid restaking capabilities. Key points: - Users can engage in multiple validator roles concurrently - Available through KelpDAO's restaking platform - Built on Eigenlayer infrastructure Explore restaking opportunities at [KelpDAO's Kelp platform](https://kerneldao.com/kelp/restake/?utm_source=social)

KelpDAO's hgETH portfolio saw significant improvements this week: - Total reward rate increased from 10.2% to 15.7% - Major allocation increase on Aave v3 - Upshift.fi, TacBuild, and Euler Finance all delivering 15%+ rewards Portfolio Highlights: - Aave v3: 42% allocation, 12% rewards - Euler Finance: Leading with 22% rewards - Multiple protocols maintaining strong 15% rates Technical integrations are in development to enhance holder benefits. [Mint hgETH](https://kelpdao.xyz/gain/growth-vault/?utm_source=highguide)

The Ethereum Virtual Machine (EVM) serves as the foundational technology enabling liquid restaking tokens like rsETH to function across multiple DeFi platforms. - EVM acts as a universal translator, allowing protocols like Uniswap, Aave, and Compound to interact seamlessly - This standardization enables users to utilize their rsETH tokens as collateral across various DeFi applications - The technology ensures consistent execution of smart contracts regardless of the platform *Key Benefit*: Users can leverage their liquid restaking positions across the entire DeFi ecosystem without friction.

Movement Labs announces migration of rsETH-wETH liquidity pair from Liquidswap to Meridian Money's metastable pool. Liquidity providers must follow a 4-step process to maintain MOVE rewards: - Withdraw LP tokens from current Liquidswap vault - Break LP position into individual tokens - Deposit into Meridian metastable pool - Stake new LP tokens for MOVE rewards This update follows previous DeFi Spring Wave Two initiative that offered ~22% reward rates with $21M+ TVL for rsETH-WETH pairs. **Important Links:** - [Canopy Hub Withdrawal](https://app.canopyhub.xyz/explore?id=0xefa4b39d3cd87b5f24d53d4d54879c90787f282e05d701dfe66942378deeba61) - [New Staking Portal](https://app.canopyhub.xyz/explore?id=0x24b7a15cce2a31e7f9c09811f5596b6a1d3a84325a3f224f30f7cb16b7006307)

The agETH pool on Pendle Finance has reached approximately $7M in Total Value Locked (TVL). Users can earn multiple reward streams: - 3.5x Kernel Points - Programmatic EIGEN rewards - Leveraged Restaking rewards **Pro Tip**: Enhance your rewards by utilizing YT, LP, and PT tokens within the agETH pool. Access the pool at [Pendle Finance](https://app.pendle.finance/trade/pools/0xbe8549a20257917a0a9ef8911daf18190a8842a4/zap/in?chain=ethereum)

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.

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. [Learn more about SparkFi](https://spark.fi)

KelpDAO announces a major ecosystem update with the conversion of Kelp Miles to Kernel Points. Here are the key changes: - 1 Kernel Point = 1,000 Kelp Miles - Unified system combining Kelp, Gain, and Kernel DAO under $KERNEL - Holders receive governance rights across all three protocols **Coming Updates Include:** - Strategic reallocation of existing points - Enhanced incentives - New earning opportunities - Special point-boosting programs *Kernel Points will determine $KERNEL token allocation at TGE (Token Generation Event)* Users can continue earning points through Kelp & Gain vaults participation.

KelpDAO and Kernel DAO are collaborating on a unified vision for DeFi infrastructure, particularly in restaking. Here's what you need to know: - Kelp operates as a product within the broader Kernel ecosystem - Both share a vision for tokenized rewards and decentralized infrastructure - There's ongoing discussion about token structure ($KELP vs $KERNEL) The partnership aims to reshape DeFi through liquid restaking protocols and infrastructure development. Their combined strategy targets significant market opportunities in the restaking ecosystem. **Key Focus Areas:** - Liquid restaking protocols - Tokenized reward systems - Decentralized infrastructure development