6 ways to get liquidity and re-staking rewards on L2 with KelpDAO

Kelp has been at the forefront of innovation in liquid staking and creating more utility for their LRT, rsETH. This time is no exception! Kelp has expanded to 9 Ethereum Layer 2 networks, has over 40 DeFi partners and generous rewards, and has over $1 billion in TVL and over 44,000 re-stakers! Let’s take a look at Kelp’s activity on L2, providing users with a total of ~$1.5 million worth of mining opportunities.

Arbitrum:

Kelp received a LTIPP grant worth 250,000 ARB. This means more rewards for re-stakers on Arbitrum. Currently, they are offering $30 worth of ARB for every rsETH bridged or re-staked through Kelp. Partners including Balancer, Camelot, PancakeSwap, and Equilibria are eligible to share in ARB incentives.

Optimism:

They have also received a foundation grant worth 50,000 OP tokens, and are also offering $30 worth of OP for every rsETH re-staked/bridged through Kelp. DeFi partners Balancer and Extra Finance are working together to promote this opportunity.

Blast:

14,000 have been reserved for Kelp re-stakers. This means extra Blast Gold for staking, bridging, and DeFi opportunities. Partner DeFi protocols like Blasterswap, Juice Finance, and Thruster are also offering extra Gold to rsETH depositors!

ZKsync:

Recently, ZKsync announced 56 million ZK tokens as incentives for Kelp re-stakers. Kelp is offering up to $60 in ZK tokens for every rsETH minted as an incentive. Kelp is offering up to $60 in ZK for every rsETH minted. Earn additional Kelp Miles and ZK through Koi Finance and Syncswap.

Scroll:

Currently, Kelp’s rsETH is the only LRT that earns Scroll Marks points. Thanks to Scroll Sessions, wrsETH earns Tier 1 Marks Rewards on Scroll. This is incentivized in conjunction with points from Ambient Finance and Layerbank.

All of this, for just one LRT. Kelp’s rsETH really shapes re-staking on L2 into a one-of-a-kind experience. This makes it both rewarding and approachable for users around the world.

This article comes from a contribution and does not represent the views of BlockBeats

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