KelpDAO launches Stable Gain vault offering 20% rewards on stablecoins
**KelpDAO launched its first stablecoin vault in September**, allowing users to deposit USDT/USDC and mint sbUSD for DeFi use while earning up to 20% rewards through UltraYield strategies.
**Key September highlights:**
- **Stable Gain vault**: No lockups, earning rewards via basis trades and DeFi protocols
- **hgETH performance**: Consistent 11-14% reward rates on ETH deposits
- **rsETH growth**: Became top ETH asset on Aave v3 Linea with >$360M supplied
**Major integrations expanded:**
- Native rsETH on Plasma mainnet
- PT-rsETH with autonomous allocation on Pendle
- rsETH collateral options on Arbitrum DRIP campaign
**KernelDAO ecosystem development** includes the Internet of Credit vision, expanding into real-world credit via upcoming Kred and KUSD products.
The protocol's three-vault strategy now covers airdrop farming, high ETH rewards, and stable yield opportunities across multiple chains.