About
Kelp DAO is a decentralized finance (DeFi) protocol that allows users to earn yields on their idle cryptocurrency investments. It operates as a platform where users can deposit their crypto assets to generate returns. The protocol was reportedly exploited by hackers, leading to a significant loss of funds.
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Frequently Asked Questions
What does Kelp DAO do?
Kelp DAO is a decentralized finance (DeFi) protocol that allows users to earn yields on their idle cryptocurrency investments. It operates as a platform where users can deposit their crypto assets to generate returns. The protocol was reportedly exploited by hackers, leading to a significant loss of funds.
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, Restaking.