š How to Use Kelp: Step-by-Step Guide to Liquid Restaking with KernelDAO
If you're curious about earning more yield with your ETH while supporting decentralized infrastructure, Kelp by KernelDAO is your gateway. Here's a simple guide to get started with liquid restaking using rsETH on Kelp.
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š§ Step 1: Prepare Your Wallet
ā Supported Wallets: MetaMask, WalletConnect, Coinbase Wallet
ā Network: Ethereum Mainnet
ā Tokens Needed: ETH or Liquid Staking Tokens (like stETH, rETH, cbETH)
> Make sure you have a small amount of ETH for gas fees!
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š Step 2: Visit the Kelp App
š Go to: https://app.kelpdao.xyz
1. Click āConnect Walletā
2. Select your preferred wallet and authorize the connection.
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š§ Step 3: Choose an Asset to Restake
On the dashboard, youāll see an option to deposit:
stETH (Lido)
rETH (Rocket Pool)
cbETH (Coinbase)
š Example: Letās say youāre depositing 1 ETH.
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š Step 4: Mint rsETH (Restaked ETH)
1. Enter the amount of ETH you want to restake.
2. Click āApproveā (if using a tokenized asset like stETH).
3. Click āDeposit & Mint rsETHā
ā±ļø Wait a few seconds for the transaction to confirm on-chain.
ā Youāll now receive rsETH, a liquid restaking token that earns EigenLayer points + yield.
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šø Step 5: Put rsETH to Work (Optional)
Want to maximize your earnings? Here are some things you can do with your rsETH:
Provide liquidity on DEXs like Balancer or Uniswap
Use in DeFi protocols that accept rsETH as collateral
Earn airdrops from EigenLayer and KernelDAOās partners
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š Bonus: Track Rewards
Kelp provides a dashboard to view:
Your rsETH balance
Estimated yield
Upcoming reward distributions (like EigenLayer points)
Check regularly at: https://app.kelpdao.xyz