Kelp DAO now supports 9 Ethereum L2s, offering staking participants the opportunity to earn over $1.5 million in rewards
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Kelp DAO now supports 9 Ethereum L2s, offering staking participants the opportunity to earn over $1.5 million in rewards
This article aims to explore Kelp's Layer2 ecosystem and further understand how Kelp provides restakers with over $1.5 million in earnings opportunities by supporting diverse Layer2 and DeFi applications.
Navigating Web3 tides with focused insights
With over $1 billion in TVL and more than 44,000 restakers, Kelp has been at the forefront of liquidity restaking innovation, expanding utility for its Liquidity Restaking Token (LRT) rsETH.
Currently, Kelp’s liquidity restaking solution supports nine Ethereum Layer 2 networks and has established broad partnerships with over 40 DeFi protocols, enabling users to access restaking services and earn substantial rewards.
This article explores Kelp’s Layer 2 ecosystem, shedding light on how Kelp delivers over $1.5 million in earning opportunities for restakers through diverse Layer 2 and DeFi integrations.
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Arbitrum: Kelp has received support worth 250,000 ARB from Arbitrum’s LTIPP (Long-Term Incentive Pilot Program), meaning restakers exploring Arbitrum via Kelp can earn additional rewards. Currently, each rsETH bridged or restaked through Kelp qualifies for $30 worth of ARB rewards! Partner DeFi projects for this incentive include Balancer, Camelot, PancakeSwap, and Equilibria.
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Optimism: Kelp has also received 50,000 OP tokens from the Optimism Foundation, offering $30 worth of OP rewards per rsETH restaked or bridged via Kelp. Partner DeFi projects include Balancer and Extra Finance.
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Blast: Blast has reserved 14,000 Blast Gold rewards for Kelp restakers. This means restakers exploring Blast through Kelp can earn additional Blast Gold incentives. Furthermore, partner DeFi protocols including Blasterswap, Juice Finance, and Thruster will offer additional Gold rewards to rsETH depositors!
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ZKsync: ZKsync recently announced 5.6 million ZK tokens to incentivize Kelp restakers. Kelp will offer up to $60 worth of ZK rewards per rsETH minted. Additionally, users can earn extra Kelp Miles and ZK token rewards through Koi Finance and Syncswap.
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Scroll: Kelp’s rsETH is currently the only LRT eligible for Scroll Marks points. Thanks to Scroll Sessions (the loyalty program), wrsETH on Scroll earns Tier-1 Marks points. Partner DeFi projects include Ambient Finance and Layerbank.
Even more remarkably, users can access all of these incentives with just one LRT! Simpler, more efficient, and highly rewarding—Kelp’s Liquidity Restaking Token (LRT) rsETH truly offers a unique restaking experience across Layer 2 networks. We invite you to explore Kelp’s Layer 2 restaking opportunities and embark on an exciting new journey!
Going forward, Kelp will continue seeking collaborations with more networks, L2s, and top-tier DeFi projects to build even more rewarding liquidity restaking experiences for users.
About Kelp DAO:
Kelp DAO is one of the leading liquidity restaking protocols, with over $1 billion in TVL and more than 44,000 restakers. Kelp DAO’s Liquidity Restaking Token (LRT) was the first to launch on the Ethereum mainnet, pioneering the integration of liquidity restaking with liquid staking tokens. Today, Kelp DAO provides liquidity restaking services for native ETH and LSTs across the Ethereum mainnet and nine L2 networks.
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