Kelp DAO Launches ARFC Proposal to Add rsETH to AaveV3 on Ethereum

2024-05-14 15:17:36
On May 14th, KelpDAO launched a new ARFC proposal, proposing to add its liquidity re-staking token rsETH to Aave V3 on Ethereum. In addition, new rsETH depositors who join Aave will accumulate additional Kelp miles and EigenLayer points. The motivation for the proposal is to introduce a new asset class, LRT (Liquidity Re-staking Tokens), to own and increase the diversity of the LST/LRT class.