KelpDAO

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.

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](https://app.uniswap.org/explore/pools/unichain/0x88cdc69f6be00de0b69f92de9ae0c4621fb6a3cdba582804010b182238c98dde)

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.*

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.

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)

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