🛑What is KEP token? Kelp DAO staking project

☀️Kelp DAO is a Liquid Retaked Token (LRT) issuance protocol, growing thanks to the explosion of Liquid Staking Derivatives (LSD) protocols. Users who own LST can continue to leverage assets in DeFi protocols and earn additional income.

🔝  Kelp DAO can be considered a liquid restaking protocol and is part of the EigenLayer ecosystem. The project attracts users and investors with a novel mechanism, making it easier for users to use EigenLayer. When interacting with the project, users have the opportunity to receive airdrops from both projects.

✔️ KEP token information

🤖Token name: Kelp Earned Points

🤖Symbol: KEP

🤖Blockchain: Ethereum

🤖Total supply: 169 million KEP

👁‍🗨KEP is a token for EigenLayer Points with a conversion rate of 1 KEP = 1 EigenLayer Points. Users have full autonomy to store, transact, and use accumulated EigenLayer Points as they see fit. The project notes that KEP is issued by Kelp DAO, not a governance token for Kelp DAO nor for EigenLayer.

⭐️RSETH token information

⬆️Token name: Kelp DAO Retaked ETH

⬆️Symbol: rsETH

⬆️Blockchain: Ethereum

⬆️Total supply: 157,805.1 rsETH

🕵️RsETH is a Liquid Retaked Token (LRT) issued by Kelp DAO with the purpose of providing liquidity for some assets deposited into restaking platforms. According to the project, rsETH has the ability to solve risks in staking activities.

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