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Airdrops

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Kelp Miles

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Kelp Miles

Points Farming: Dec 11, 2023-Unknown

Points

Liquid Staking

Verified

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Quick info

Current TVL

$ 579.7M

Networks

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+6

Networks

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Blast

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ZKsync Era

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Arbitrum One

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Linea Mainnet

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Ethereum

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OP Mainnet

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Mode Mainnet

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Base

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Funds raised

$ 9.0M

Investors

Laser Digital +2

Investors

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Laser Digital

Tier 3

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SCB 10x

Tier 5

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HTX Ventures

Tier 3

Pros

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Successful audit by Sigma Prime and Code4rena;

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Experienced team that developed Stader;

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Many collaborations with other protocols;

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Load of rsETH investment opportunities.

Cons

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The airdrop suits mostly big investors

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Some of the strategies may require asset bridging

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Lack of big institutional investors

How to Get the Kelp Miles Airdrop?

What is KelpDAO?

KelpDAO is a protocol that issues their liquid restaking token (LRT) rsETH. The token allows users to farm staking APR and as well as EigenLayer points that will be converted to $EIGEN token in the future. Additionally, KelpDAO runs their own points campaign (Kelp Miles) that aims to rewards rsETH users.

How to Get the Airdrop?

  • The more ETH users stake, the greater their chance of receiving the airdrop. KelpDAO supports ETH, stETH, ETHx, and sfrxETH as restaking tokens;
  • Kelp Miles are calculated based on the following formula: (Amount of rsETH)* Number of days* 10,000;
  • Users restaking with a referral link receives 10% extra Kelp Miles;
  • The referrer receives 10% of the Kelp Miles accrued from the amount restaked using their referral link.

Last updated on 09.07.2024

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