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Kelp DAO launches ARFC proposal to add rsETH to AaveV3 on Ethereum

CointimeCointime2024/05/14 07:40
By:Cointime

On May 14th, KelpDAO launched a new ARFC proposal suggesting the addition of its liquidity-rebased token rsETH to Aave V3 on Ethereum. Additionally, new rsETH depositors on Aave will accumulate extra Kelp miles and EigenLayer points. The motivation behind this proposal is to introduce a new asset class called LRT (liquidity-rebased token) to have and increase diversity in the LST/LRT category.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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