• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
GearboxGearboxby0x031Dc29B7Ee499B402737F9d958F8A3057D5a2AAapeir99n.eth

[GIP-111] Onboarding Kelp DAO rsETH to ETH pool

Voting ended almost 2 years agoSucceeded

This proposal offers to onboard rsETH to ETH pool on Mainnet.

About rsETH

Kelp DAO was launched by Stader Labs’s team and now has $700M+ in TVL. KelpDAO is focused on building Liquid Restaking Solutions for public blockchain networks.

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.

Quota

Asset Quota increase fee Min quota rate Max quota rate Limit
rsETH 0% 0.05% 30% 3000 WETH

Technical Multisig can do Quota Limits and Borrowing Limit changes gradually or one-time at its own discretion.

Collateral tokens & LTVs

rsETH will be added as available collateral for WETH Restaking Credit Manager:

Token LTV Comment
rsETH 90%

Adapters

The following is the list of new adapters and pools to be connected to WETH Restaking CM:

  • Balancer rsETH/WETH pool

Specification

Transactions log can be found here. Md5 checksum is ba6892411d4ab518208f4d9e36cafd4c.

Note 1! Please note that the parameters in the tx log file are primary in relation to the numbers above. In case of discrepancies, it is assumed that the numbers from the tx log file will be used.

Note 2! Transactions related to USDe will be executed if and only if GIP-110 will get approval.

Voting

Simple Approve/Reject

Off-Chain Vote

Approve
369.13M GEAR100%
Reject
31K GEAR0%
Quorum:185%
Download mobile app to vote

Discussion

Gearbox[GIP-111] Onboarding Kelp DAO rsETH to ETH pool

Timeline

Apr 03, 2024Proposal created
Apr 03, 2024Proposal vote started
Apr 06, 2024Proposal vote ended
Mar 03, 2026Proposal updated