Welcome everyone to join the second phase of the "Road to One Billion TVL" event, and embark on an exciting new journey together!
In the previous first phase of the "Road to One Billion TVL" event, Kelp DAO provided an additional 5 million EigenLayer points to re-stakers to encourage active participation, and the event was a huge success, with approximately $50,000 worth of ETH being restaked using Kelp.
We are very grateful for the active participation and strong support of our users. Given the tremendous success of the first phase, Kelp DAO has decided to relaunch the "Road to One Billion TVL" event and will provide even more attractive rewards for the event.
Let's take a look at the specific details of this event together!
Event Period
April 26, 2024, to May 5, 2024
Event Rewards
During the event period, depositors of ETHx, stETH, and ETH will receive the following rewards:
- For each re-staked ETH, an additional 100 EigenLayer points reward
- The top 100 re-stakers will receive a reward of rsETH worth $50,000
- 1x EigenLayer points reward
- 1x Kelp Miles reward (related to future KELP token airdrops)
- Access to over 40 DeFi revenue opportunities from multiple mainnets and L2 ecosystems
Note: The rsETH worth $50,000 will be evenly distributed among the top 100 re-stakers at the end of the event, with each person receiving rsETH worth $500.
In addition, Kelp DAO is pleased to announce that the withdrawal of rsETH will also be ready on May 3, 2024! You can unstake rsETH and withdraw LSTs. After the LST withdrawal, the withdrawal of native ETH will take effect.
Welcome everyone to join the second phase of the "Road to One Billion TVL" event, and embark on an exciting new journey together!
Click here to enter the event page
About Kelp DAO
Kelp DAO is a leading liquidity restaking protocol that helps users enjoy restaking rewards, staking rewards, and over 40 DeFi partner revenue opportunities, with a TVL (Total Value Locked) of over $8.5 billion and over 40,000 active restakers.
- DeFi Rewards: Achieve additional DeFi rewards by providing liquidity for restaked tokens.
- Simplicity: Simplifies the complexity of node operator and AVS partner selection for restakers.
- Efficiency: Manages high gas fees for applying and exchanging rewards.
- Risk-adjusted rewards: AVS selection framework ensures optimal rewards for restaked assets.
- Native restaking on L2: Already implemented on platforms such as Arbitrum, Manta, Blast, and more to come.
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