Maximize Your ETH Earnings with Kelp Gain
In DeFi, finding the best ways to grow your assets can feel overwhelming. With so many options, strategies, and platforms, where do you even start?
Enter Kelp DAO, a project founded by Amitej G and Dheeraj B, who previously launched Stader Labs, a successful multichain liquid staking platform.
Kelp DAO is focused on creating Liquid Restaking Solutions (LRTs) for blockchain networks.
One of their key innovations is rsETH, a Liquid Restaked Token (LRT) that provides liquidity to assets deposited in restaking platforms like EigenLayer.
RsETH allows restakers to unlock the value of their staked ETH, giving them the flexibility to trade, earn rewards, and participate in DeFi activities. But Kelp DAO isn’t stopping there.
They’ve introduced a new product called Kelp Gain — to help you maximize the earning potential of your ETH, Kelp Gain simplifies the process with a single, easy-to-manage strategy.
Let’s dive into how you can make the most of your ETH with Kelp Gain.
What is Kelp Gain?
Kelp Gain is the latest innovation from Kelp DAO, Simply put, Kelp Gain is a set of vaults — smart contracts that automate the best airdrop and reward farming strategies for your ETH.
Whether you’re looking to earn boosted rewards on Layer 2 (L2) networks or maximize your returns with DeFi protocols, Kelp Gain has you covered.
Why You Should Care About Kelp Gain
Managing multiple DeFi strategies can be a hassle.
With Kelp Gain, you don’t have to juggle different platforms, strategies, or tokens.
Everything is managed under one roof, giving you access to a diversified range of earning opportunities without the complexity.
Here’s what makes Kelp Gain a game-changer:
- Multiple Boosted Airdrops: Earn rewards across several L2 networks simultaneously.
- Liquid Token agETH: Receive agETH in return for your contribution, enabling you to continue earning DeFi rewards even while your ETH is staked.
- One-Click Deployment: Start earning with just a single click, saving you time and gas fees.
Step-by-Step Guide to Using Kelp Gain
Here’s how you can deploy your ETH to Kelp Gain and start maximizing your earnings:
Step 1: Deposit Your Assets
Start by depositing one or more of the following assets into the Airdrop Gain vault, here: https://kelpdao.xyz/gain/
- ETH
- stETH (Lido’s Liquid Staked Token)
- ETHx (Stader’s Liquid Staked Token)
- rsETH (Kelp’s Liquid Restaked Token)
These assets are then processed by the vault, preparing them for the next steps.
Step 2: Receive agETH Tokens
Once you deposit your assets, the vault issues a liquid token called agETH.
This token represents your stake in the vault and is an ERC-20 token, meaning it’s tradable and usable across various DeFi platforms.
Think of agETH as your ticket to further rewards and earning potential.
Step 3: Airdrop Optimization
Your deposited assets are then bridged to partner L2 networks or restaking protocols, initially which are (Scroll, Linea, Eigen Layer, Karak, Balancer, and Uniswap).
This process enables you to participate in various airdrop opportunities across these networks, maximizing the rewards you earn.
Step 4: Deploy agETH in DeFi
But it doesn’t stop there. With agETH in hand, you can deploy these tokens into DeFi protocols like Pendle on the Ethereum mainnet.
Pendle allows you to earn additional yields on your agETH, adding another layer of potential profits.
How to Withdraw Your Assets
When you’re ready to withdraw your assets, Kelp Gain makes it easy. Here’s how:
- Go to the Gain dApp: Navigate to the ‘Withdraw’ section.
- Enter Your agETH Amount: Specify how much agETH you want to withdraw.
- Initiate the Withdrawal: Click on the ‘Withdraw’ button, then approve the transaction in your wallet.
- Claim Your Assets: After 3–4 days, your assets will be available as rsETH in the ‘Claim’ section. You can then transfer them back to your wallet.
Note: Withdrawals are grouped together within a day, so all requests made on the same day will be processed as a single claim transaction.
Why Kelp Gain is Worth Your Attention
Kelp Gain by (KelpDAO) is not just about earning more — it’s about doing so in the smartest, most efficient way possible.
By consolidating multiple strategies into one vault, Kelp Gain allows you to maximize your rewards with minimal effort.
Plus, with the added benefit of liquid tokens like agETH, you can keep earning even after you’ve staked your assets.
Whether you’re a seasoned DeFi enthusiast or just getting started, Kelp Gain offers a simple, effective way to grow your ETH.
For more details on how to start earning with Kelp Gain, visit Kelp’s official documentation.
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