Kelp DAO

Triple rewards for restaking protocol

kelpdao.xyz

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Kelp DAO is a triple income restaking protocol based on EigenLayer. rsETH is a Liquid Restaked Token (LRT) issued by Kelp DAO designed to offer liquidity to illiquid assets deposited into restaking platforms, such as EigenLayer. Kelp DAO was founded by Amitej G and Dheeraj B.

Tags: DeFi Restaking LSD

Ecosystem(10):

Founded: 2023

Team

Amitej Gajjala

Co-Founder

Cyborg Soufia

Head of Defi

Indrajit Ghosh

Marketing Head

Fundraising

Laser Digital

Lead

GSR

Bankless Ventures

Cypher Capital Group

Hypersphere Ventures

HTX Ventures

LongHash Ventures

ArkStream Capital

Draper Dragon

Side Door Ventures

DACM

Web3Port

ViaBTC Capital

AVID3

Cluster Capital

DWF Ventures

Round	Amount	Valuation	Date	Investors
Private	$ 9 M	--	May 22, 2024	Laser Digital*, Bankless Ventures, Hypersphere Ventures, Cypher Capital Group, GSR, HTX Ventures, Draper Dragon, DACM, ArkStream Capital, LongHash Ventures, Side Door Ventures, Cluster Capital, NOIA Capital, AVID3, ViaBTC Capital, DWF Ventures, Coinseeker, Tulipa Capital, Web3Port, SCB Limited, Scott Moore, Alex Svanevik, Sam Kazemian, Marc Zeller, Mr. Block, Amrit Kumar, Winslow Strong

Investments

Hana

Hyper-casual finance with social network effects

Name	Round	Amount	Valuation	Date
Hana	--	$ 4 M	--	Oct 25, 2024

Developer

Kernel

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