# Kelp

### What is Kelp?

Kelp is a multichain liquid restaking platform with over $1.5 B in Total Value Locked (TVL). The team is focused on building Liquid Restaking Solutions for public blockchain networks.

Kelp is currently developing rsETH, a Liquid Restaked Token (LRT) on EigenLayer for Ethereum.

### What is Restaking?

Restaking, introduced by EigenLayer, allows Ethereum stakers to enhance the security of additional networks while earning extra rewards. However, traditional restaking locks assets, limiting liquidity and accessibility.

With **Kelp**, when you restake ETH, you receive **rsETH**, a **liquid receipt token** that represents your staked assets. rsETH allows you to stay liquid while continuing to earn staking and restaking rewards. You can further use rsETH across DeFi for lending, borrowing, or trading, maximizing your capital efficiency.

### What is rsETH?

rsETH is a Liquid Restaked Token (LRT) issued by Kelp that provides liquidity to illiquid assets deposited into EigenLayer. By holding rsETH, users can benefit from:

* **Liquidity**: Unlike native restaking, rsETH allows users to stay liquid while earning rewards.
* **Composability**: rsETH can be used across DeFi applications for lending, borrowing, and trading.
* **Diversified Yield**: Users can earn staking rewards from Ethereum while also benefiting from EigenLayer’s additional incentives.

### **What are the benefits of rsETH?**

For Restakers:

1. Provide liquidity to the restaked ETH/LST&#x20;
2. Save the effort in identifying the right services and validators&#x20;
3. Help manage rewards that come in with Restaking

For AVSs:

1. Save effort to identify and partner with Operators&#x20;
2. Save effort to bootstrap security&#x20;
3. Help reduce emissions on rewards

For Operators:

1. Save the effort in identifying the right services&#x20;
2. Reduce the effort to get restakers and restaked assets&#x20;
3. Help manage rewards that come in with Restaking

### How is Kelp secure?

Kelp prioritizes security through continuous smart contract reviews, extensive testing, and regular audits. rsETH has undergone comprehensive audits conducted by industry-leading firms such as **SigmaPrime** and **Code4rena**. These audits have thoroughly evaluated the protocol's security and functionality.\
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