FAQs
What is Kelp Gain? Kelp Gain is Kelp’s latest product offering designed to help restakers and users maximize their rewards and airdrops. It will feature multiple vaults based on smart contracts.
How does Kelp Gain work? Kelp Gain is a collection of vaults. The vaults are smart contracts that automate airdrop and reward farming opportunities and strategies. Kelp’s vaults are non-custodial, allowing users to withdraw at any time while providing complete transparency regarding the deployment of their tokens.
What is Airdrop Gain? Airdrop Gain is a vault that enables users to earn many L2 airdrops in a single diversified strategy while also accessing mainnet and L2 DeFi opportunities.
How does Airdrop Gain work?
It is a simple process: - You deposit ETH/ETH LSTs/rsETH to the vault - Liquid token (agETH) is issued against the deposited assets - Deposited assets are bridged to partner L2s for boosted airdrop earning - Allocation of deposited assets is automatically adjusted to optimize airdrop earning - You can also deploy issued liquid tokens to Pendle for mainnet DeFi yields
What does the redemption/withdrawal process look like? How long does it take and what asset can I get in return?
Withdrawal and claim take 2-3 days. Users can withdraw their agETH as rsETH from the Gain dApp
Which L2s or restaking protocols are supported in Airdrop Gain? The initial partners at the time of launch will be: - Scroll - Linea - Eigen Layer - Karak - Balancer - Uniswap
What kind of rewards will I earn through Airdrop Gain? You will earn Points from Kelp, EigenLayer, Karak, and the L2s we have partnered with. There will also be rewards from DeFi protocols on Ethereum Mainnet and L2s.
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