I’ve been exploring KernelDAO lately and wanted to share one of the simplest yet most powerful tools in their ecosystem: Kelp. If you’re holding ETH and want to make it work harder without locking it up, this is for you.
What is Kelp
Kelp is a liquid restaking protocol on Ethereum. You stake your ETH through Kelp and receive rsETH in return. This token continues to earn staking rewards and can be used across DeFi platforms such as Aave and Spark. It’s staking with added flexibility.
How I Did It
Step 1: I visited the Kelp page at https://kerneldao.com/kelp and clicked on “Restake ETH.”
Step 2: I connected my wallet using MetaMask on the Ethereum mainnet by selecting “Connect Wallet” at the top right.
Step 3: I entered the amount of ETH I wanted to restake, clicked Restake, approved the transaction, and waited a few seconds for it to process. It’s smart to leave a bit of ETH for gas fees.
Step 4: After the transaction was complete, rsETH appeared in my wallet. This is my restaked ETH — liquid, flexible, and still earning rewards.
What Can You Do with rsETH
You can use it on Aave to earn more
Provide liquidity on Uniswap or Balancer
Use it as collateral on Spark
All while still earning staking rewards in the background.
Tracking Performance
I monitor my rsETH using platforms like DeBank or Zapper. Kernel also offers a dashboard with more detailed analytics.
Final Thoughts
I was genuinely impressed with how easy the process was. There are no lockups, no hassle, and it offers way more flexibility than traditional staking.
If you’re holding ETH, don’t let it sit idle. Restake it through Kelp and let rsETH work for you in DeFi.
Visit https://kerneldao.com/kelp to get started.
Let me know if you want a walkthrough of Gain Vaults or the Kernel restaking layer next.
#KernelDAO #Kelp #rsETH #ETHRestaking