Kelp DAO launches point token KEP to introduce liquidity to EigenLayer points
On February 22nd, according to an official announcement, the liquidity staking platform Kelp DAO announced the launch of its point-based token KEP, with the aim of introducing liquidity for EigenLayer points.
Users can exchange EigenLayer points generated by staking on Kelp DAO for KEP (an ERC-20 token) at a 1:1 ratio, and can freely transfer and trade them. At the same time, KEP holders will receive rewards in proportion to the EigenLayer points represented by the KEP tokens they hold.
The official website stated that the KEP token claim page will be launched soon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperlane Shares Airdrop Plans With 57% For Community
Cardano Unveils Veridian, Letting You Own Your Digital Identity
Sui Gets Boost as Utila Unlocks Institutional Features
Grayscale Files Updated S-1 for Spot Solana ETF
Grayscale updates its SEC filing for a spot Solana ETF, signaling growing institutional interest in SOL.Grayscale Pushes Forward With Solana ETF PlansWhy Solana?What This Means for the Market
Trending news
MoreCrypto prices
More
