KelpDAO is implementing the L2 Bonanza plan, providing approximately $1.5 million worth of opportunities aimed at increasing the utility of its liquid staking token rsETH. 🎯 KelpDAO permutation services are available on nine Layer 2 networks, including Arbitrum, Optimism, Blast, ZKsync and others.

KelpDAO recently received an LTIPP grant from Arbitrum in the amount of 250,000 ARB tokens, which are planned to be distributed as rewards to users. Participants can earn $30 in ARB for every wrsETH created or transferred using the KelpDAO platform. 🚀 This feature is supported by partnerships with Balancer, Camelot, PancakeSwap and Equilibria.

KelpDAO also received a grant from the Optimism Foundation in the amount of 50,000 OP tokens. Users can earn $30 in OP for every wrsETH created or transferred on the Optimism network.

KelpDAO uses Blast, ZKsync and Scroll rewards to incentivize shuffling. Users can earn additional Blast Gold tokens by flipping wrsETH and participating in decentralized finance (DeFi) transactions.

wrsETH is the only liquid shuffle token eligible to receive Scroll Marks. This token receives Tier 1 Marks rewards on the Scroll platform, supported by joint incentives from Ambient and Layer Bank.

To participate, users can stake native ETH using the KelpDAO app and receive non-conversion ERC-20 rsETH tokens based on the current exchange rate.