About Kelp DAO
Kelp DAO (kelpdao.xyz/) is at the forefront of revolutionizing decentralized finance (DeFi) by introducing liquid restaking for ETH and liquid staking tokens (LSTs). This innovative approach streamlines DeFi participation, making it easier for users to maximize the utility of their assets. At the heart of this transformation is the $KEP (Kelp Earned Points) token, an ERC-20 token that turns non-liquid EigenLayer Points (EL Points) into transferable and tradable assets. By doing so, Kelp DAO enhances DeFi engagement and provides users with new opportunities to participate in the growing restaking ecosystem.
Kelp DAO has now launched an airdrop for $KEP tokens, allowing users who earn EL Points through Kelp DAO, including those with $rsETH positions, to claim their allocation. This move not only boosts liquidity but also opens up new avenues for users to dive deeper into the future of decentralized finance.
Step-by-Step Guide to Participate in the Kelp DAO Airdrop
Step 1: Connect Your Wallet
Start by visiting the Kelp DAO Airdrop web3 ÐApp (www.kelpdao.xyz/restake/). Once there, connect your cryptocurrency wallet to the platform. This connection is essential for claiming your airdrop and engaging with Kelp DAO's offerings.
Step 2: Claim Your $KEP Airdrop
After connecting your wallet, navigate to the ‘Claim KEP’ tab. Click on this tab to claim your $KEP Airdrop allocation. Keep in mind that Kelp DAO charges a 0.5% fee to incentivize restakers as part of the process.
Step 3: Mint $rsETH
To maximize your rewards, consider restaking your $ETH or LSTs to mint $rsETH. By doing so, you will earn additional EL Points and Kelp Miles, further enhancing your position in the Kelp DAO ecosystem.
Step 4: Provide Liquidity to the $KEP/$rsETH Pool
For an even greater boost in Kelp Miles, provide liquidity to the $KEP/$rsETH pool on Balancer. Participating in this pool will give you a 3x Kelp Miles boost, significantly increasing your potential rewards.
Step 5: Restake $rsETH on Zircuit
Take your strategy a step further by restaking your $rsETH on Zircuit. This action will not only earn you additional EL Points but also Zircuit points, adding another layer of rewards to your DeFi activities.
Step 6: Maximize Your Rewards
As a $KEP holder, you will receive allocations for any rewards issued by EigenLayer protocols. Additionally, all wallets holding $rsETH tokens continue to earn EigenLayer Points and Kelp Miles daily, further contributing to your overall rewards in the Kelp DAO ecosystem.
Stay Engaged and Explore DeFi Opportunities
By following these steps, you can effectively participate in the Kelp DAO airdrop and take advantage of the numerous opportunities within the platform. As Kelp DAO continues to innovate in the DeFi space, staying engaged with the platform will allow you to maximize your rewards and explore the future of liquid restaking. Claim your $KEP airdrop today and dive into the evolving world of decentralized finance with Kelp DAO.
