š§µSTEP BY STEP TUTORIAL ON HOW TO UNDERSTAND THE KERNEL DAO ECOSYSTEM GAIN VAULTS
š What is āGain by Kelpā?
Gain by Kelp is a collection of smart-contract vaults designed to automatically farm rewards and optimize strategies for airdrops and yield generation on ETH and its liquid-staked derivatives. These vaults are non-custodial, meaning you always maintain full control of your assets and can withdraw at any time.
1. Connect Your Wallet
Head to the Gain section in the Kelp dApp and connect a compatible wallet (e.g. MetaMask).
Supported assets include ETH and derivatives like stETH, ETHx, or rsETH
2. Choose & Deposit
Select the Airdrop Gain vault, then deposit one of the supported assets.
Once deposited, you'll be issued a vault receipt tokenāagETHārepresenting your vault share
3. How It Works Under the Hood
Assets get bridged to partner Layerā2 networks (e.g., Scroll, Linea, EigenLayer, Karak) to capture airdrop and restaking rewards
You receive agETH, a liquid receipt token that can be deployed in other DeFi protocols (e.g., Pendle) for further yield
4. Earning Rewards
By using Airdrop Gain, you can stack rewards from:
Restaking incentives (e.g. Karak XP, EigenLayer Points, Kelp Miles)
L2 airdrops (e.g. boosted LXP-L, Scroll Marks)
Infra incentives (points from network infra)
Additional DeFi yields are coming soon
5. Track Performance Easily
Use the Gain dashboard to monitor:
Vault balances
Dynamic rewards
Airdrop accruals
Everything is updated in real-time
6. Withdraw & Redeem
Redeeming agETH returns your initial asset (e.g. rsETH, stETH)
Redemption may take around 2ā3 days (for restaked derivatives)
Withdrawals are open anytime, although timing depends on asset type.
7. Fees
A 2% annual platform fee, split between Kelp, strategists, and infra providers, is automatically applied