Kelp DAO
A liquid restaking protocol for earning enhanced yields on staked Ethereum and Liquid Staking Tokens.
About
Kelp DAO is a leading liquid restaking protocol that enables users to restake Ethereum and other Liquid Staking Tokens (LSTs) to earn higher rewards. Its core product, rsETH, is designed to be battle-tested and institutional-grade, maintaining liquidity and offering maximum utility across various DeFi protocols. Teams look it up for Cryptocurrency, Decentralized Finance (DeFi), Blockchain.
Frequently asked
What does Kelp DAO do?
Kelp DAO is a Cryptocurrency company that offers Platform. Teams look it up for Decentralized Finance (DeFi), Blockchain, DeFi. It was founded in 2023. Public records show $9M in total funding. Compare it on funding, headcount, reviews and nearby alternatives rather than the marketing line alone.
How much funding has Kelp DAO raised?
Kelp DAO has raised a total of $9M in funding. The most recent round on record is Private Token Sale.
When was Kelp DAO founded?
Kelp DAO was founded in 2023.
What industry does Kelp DAO operate in?
Kelp DAO operates in Cryptocurrency, Decentralized Finance (DeFi), Blockchain, DeFi, Liquid Staking.
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“The Kelp DAO exploit wasn't a complex hack. It's a textbook example of why the industry keeps building financial infrastructure out of wet cardboard.. If you're still chasing yield in liquid restaking protocols, you're stacking risks like a…”
View on Reddit“A normal-looking LayerZero packet (nonce 308) was verified, committed, and executed on Ethereum, releasing 116,500 rsETH from bridge inventory without any burn or nonce advance on Unichain. This was a phantom cross-chain message, not a mint…”
View on Reddit“KelpDAO rsETH $290M hack incident is another bridge exploit. Early reports suggest roughly $290M was affected after suspicious cross chain activity involving rsETH. KelpDAO has since paused rsETH contracts across mainnet and several L2s whi…”
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