Incentives with rsETH

In addition to the Kelp Miles and EigenLayer points, holders of rsETH (or wrsETH) also receive additional rewards on respective chains. These rewards are sourced through Kelp’s strategic partnerships and grants with leading Layer 2 solutions and protocols.

Per wrsETH / rsETH minted or bridged on respective chains, users will receive the following rewards -

  1. 30 $ARB on Arbitrum (until the end of the LTIPP grant)

  2. 20 $OP on Optimism (until the end of the OP grant)

  3. 220 $ZK on ZKsync

Campaign start and end dates -

  1. Arbitrum - 15th June - 9th September 2024 (governed by the Arbitrum LTIPP grant)

  2. Optimism - 1st July to 31st September 2024

  3. ZKsync - Starts on 15th June 2024, no fixed end date yet.

Rewards distribution starts in the first week of August with successive distribution every 15 days

Users will have to restake and hold (or use w/rsETH in DeFi) assets on the respective chain for at least 45 days during the campaign time period to be eligible for rewards.

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