I Was a Restaking Skeptic, but @KernelDAOChanged My Mind.
I'll be the first to admit it. When the restaking and LRT (Liquid Restaking Token) craze was in full swing back in 2024, I stayed on the sidelines. It felt like too much hype, too much-layered risk, and I was waiting to see which projects would actually last.
My turning point was watching KelpDAO's rsETH.
What impressed me wasn't some flashy APY. It was its resilience and the steady growth of its integrations over the past year. It quietly became a trusted, high-quality collateral type across major lending markets and DEXs. It went from being a niche yield token to a real DeFi building block.
So, a few months ago, I finally jumped in. I moved a portion of my ETH over to Kelp. The real magic happened when I took that rsETH and used it as collateral to borrow some stables for a new investment, all without selling my core ETH position.
My assets weren't just earning a layered yield; they were giving me real liquidity and flexibility.
It showed me that the KernelDAO team was focused on the long game—patiently building the partnerships that give their ecosystem tangible value. They weathered the initial hype cycle and just kept building. For me, that's the ultimate green flag. Glad I was patient, and happy to have been proven wrong. $KERNEL