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Liquid RestakingEigenLayer
Kelp DAO: Multi-LST Restaking Guide 2026
Liquid restaking for LST holders · +150 XP · 9 min read · Updated March 2026
TVL
$1.4B
rsETH Supply
~0.65M ETH
Staking APR
~3%
Restaking APR
~1.5-3%
Token
$KEP
LST Support
stETH, ETHx, sfrxETH
What is Kelp DAO?
Kelp DAO is a decentralized autonomous organization offering liquid restaking via rsETH. Deposit any supported liquid staking token (stETH, ETHx, sfrxETH, etc.) and receive rsETH—earning EigenLayer restaking rewards while staying liquid.
Kelp's multi-LST approach lets users consolidate different staking positions into a single restaking token.
Key Features
Multi-LST Support
Deposit stETH, ETHx (Stader), sfrxETH, or other supported liquid staking tokens.
rsETH Liquid Token
Tradeable, lendable, and LP-able. accrues restaking rewards daily.
Kelp Miles
Earn additional loyalty points for early supporters, redeemable for rewards.
DAO Governance
KEP token holders vote on LST support, fee structures, and treasury allocation.
L2 Deployments
Available on Arbitrum and Base for lower-cost restaking entry.
EigenLayer Optimized
Kelp selects operators aligned with protocol interests to maximize rewards.
How to Use Kelp DAO
1. Visit Kelp
Go to kelp.restaking.com and connect your Ethereum or L2 wallet.
2. Select LST
Choose which LST to deposit (stETH, ETHx, sfrxETH). Approve token spending if needed.
3. Deposit & Get rsETH
Enter amount and confirm. Receive rsETH equivalent 1:1 to your LST value.
4. Earn Restaking Rewards
rsETH accrues restaking APR daily. Monitor Kelp Miles in the dashboard. Unstake anytime.
⚠️ Risks to Know
Smart contract risk: Kelp is audited but code bugs remain a possibility.
LST liquidation risk: If your deposited LST loses peg (e.g., stETH depeg), rsETH value is affected.
EigenLayer operator risk: Selected operators slashing reduces restaking rewards.
LST liquidation risk: If your deposited LST loses peg (e.g., stETH depeg), rsETH value is affected.
EigenLayer operator risk: Selected operators slashing reduces restaking rewards.
Earn with Kelp DAO restaking
Multi-LST liquid restaking on EigenLayer