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Laszlo Szabo
Laszlo Szabo

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Kelp chooses Kiln to operate and secure liquid restaking

May 28, 2024
Kelp chooses Kiln to operate and secure liquid restaking< Blog
< Blog
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Partnerships

Posted by
Laszlo Szabo
Laszlo Szabo

Partnerships

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We are proud to announce we have joined the Ethereum operator set supporting Kelp, with an initial commitment of 82,000 ETH of value to be restaked natively and via LSTs with Kiln. Kelp delegators will now benefit from secure restaking, helping secure all major AVSs, and receiving associated rewards.

Kelp evaluated and selected Kiln because of our proven track record on Ethereum, running more than 4% of the network, our top-tier performance and our early involvement in the restaking and AVSs ecosystem.

Indeed, we support all live AVSs and plan to support more as they reach mainnet. This is beneficial for Kelp users who wish to opt-in to secure a wide range of AVSs by just holding rsETH, Kelp’s liquid restaking token.

To learn more about restaking and AVSs, check out our dedicated podcast series.

Why Kelp choose Kiln as their preferred (re-)staking partner: 

  1. Kiln makes it possible to outsource infrastructure work and (re-)staking operations to focus on core business activities
  2. Top-tier performance to maximize APY and broad protocol and AVS coverage
  3. Getting best-in-class enterprise-grade support and SLAs  

About Kelp

With $950M+ in TVL across 45,000+ restakers, Kelp enables liquid restaking across Ethereum mainnet and 9 L2s, including Arbitrum, Optimism, Blast, Linea, Base, Scroll and others. Kelp’s Liquid Restaked Token, rsETH, was the first LRT to hit mainnet, ascertaining them as pioneers of liquid restaking innovations.

About Kiln

Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake assets and whitelabel staking functionality in their offerings. Kiln runs validators on all major PoS blockchains, with over $8.6 billion in crypto assets being programmatically staked and running over 4% of the Ethereum network on a multi-client, multi-cloud, and multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators and reporting and commission management, enabling custodians, wallets, and exchanges to streamline staking operations across providers. Kiln is SOC2 Type 2 certified.

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