Restake via KelpDAO

WHAT IT DOES

This tool enables you to restake native ETH with KelpDAO, a liquid restaking protocol built on EigenLayer that focuses on diversified AVS exposure and community governance. It reads your current ETH balance on Ethereum Mainnet, the KelpDAO restaking contract details, and the current gas price to provide an accurate cost estimate before you commit. The tool then constructs and submits a transaction to the KelpDAO contract, depositing your specified amount of ETH and receiving rsETH (KelpDAO's liquid restaking token) in return.

KelpDAO simplifies the EigenLayer restaking experience by providing a DAO-governed approach to restaking strategy management. rsETH represents your restaked ETH position and automatically accrues rewards from a diversified portfolio of EigenLayer AVSs, while remaining fully liquid and composable with DeFi applications. The DAO governance model allows the community to participate in decisions about AVS allocations and protocol parameters.

HOW TO USE

Connect your wallet using the "connect" button. Ensure you are connected to Ethereum Mainnet (chain ID 1) — the tool will display your current chain ID, ETH balance, and any existing rsETH balance. Enter the amount of ETH you wish to restake in the input field. The tool will display the restaking contract address and estimate the gas cost for the deposit transaction.

Review the restake summary, then click "restake via KelpDAO" to sign and submit the transaction through your wallet. The tool will wait for confirmation and display the transaction details on Etherscan. After the transaction is confirmed, you will receive rsETH in your wallet representing your restaked ETH position. Your rsETH balance will automatically accrue restaking rewards from EigenLayer AVSs over time, and you can monitor it through the tool's balance display. rsETH can be used across the DeFi ecosystem, including lending platforms, liquidity pools, and as collateral for borrowing.

TECHNICAL MECHANISM — KELPDAO LIQUID RESTAKING

The tool interacts with the KelpDAO rsETH contract, which implements the depositETH() function. This function accepts ETH as value and handles the underlying mechanics of depositing ETH into EigenLayer through KelpDAO's restaking vaults and minting rsETH tokens in return. When you call depositETH(), the KelpDAO contract forwards your ETH to EigenLayer's restaking infrastructure, where it is allocated across a diversified portfolio of Actively Validated Services (AVSs) managed by KelpDAO's governance-approved strategy managers.

In return for your deposit, the contract mints rsETH tokens at a rate determined by the current exchange rate between ETH and rsETH. This exchange rate increases over time as restaking rewards are accrued by the AVSs securing EigenLayer. rsETH is an ERC-20 token that represents your claim on the underlying restaked ETH plus accumulated rewards. The amount of rsETH you hold stays constant, but its value in ETH increases over time as rewards accumulate. KelpDAO's governance model allows the community to vote on which AVSs to allocate restaked ETH to, optimizing for risk-adjusted returns while managing slashing exposure. The DAO can also adjust strategy parameters and protocol fees based on community input. The withdrawal process requires burning rsETH and going through EigenLayer's withdrawal queue, which involves a waiting period and is subject to network conditions.

WHAT IT CANNOT SEE

This tool cannot estimate exact gas costs without a live RPC call, and gas prices on Ethereum Mainnet may change between quoting and execution. It cannot guarantee yield rates or APR, as these depend on EigenLayer AVS performance, restaking rewards, and KelpDAO's governance decisions. The tool cannot verify the restaking contract address is correct beyond the pre-configured mapping, and if the mapping becomes outdated, the transaction could fail or be sent to the wrong contract. It cannot cancel a transaction once submitted, and if the transaction fails due to gas issues or contract errors, you may still pay gas fees. The tool cannot interact with non-Ethereum chains or provide immediate withdrawal functionality — withdrawals require burning rsETH and going through EigenLayer's withdrawal queue, which can take several days. The tool cannot handle restaking of tokens other than native ETH. It also cannot predict how KelpDAO's governance will affect future AVS allocations or reward rates.

PLEASE NOTE — ETHEREUM MAINNET ONLY

This tool works exclusively on Ethereum Mainnet (chain ID 1). You must be connected to Ethereum Mainnet to use this tool. It does not support other networks or layer 2 solutions. The tool only restakes native ETH and returns rsETH — it does not support other assets. rsETH is a value-accruing liquid restaking token that appreciates against ETH over time through EigenLayer restaking rewards. It also carries the risks of the underlying restaking protocol, including slashing risks from AVS misbehavior. rsETH's value is generally pegged to ETH but may trade at a discount in volatile markets. KelpDAO's governance model means that strategy decisions are made by the community, which can affect yield and risk profiles. Always verify the restaking contract address before submitting a transaction. This tool provides a simple deposit interface; withdrawals are not supported and must be performed through KelpDAO's official mechanisms.