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Kelp DAO Launches Gain Program to Revolutionize DeFi Reward Farming

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2024-08-15 09:26:10757browse

In a groundbreaking move set to take the DeFi landscape by storm, Kelp DAO has launched its highly anticipated Gain program. This enhances the earning potential of user assets by providing streamlined access to multiple Layer 2 airdrops and DeFi opportunities through a single, diversified strategy without the hassle of managing individual positions.

Kelp DAO Launches Gain Program to Revolutionize DeFi Reward Farming

Kelp DAO, a community-driven organization focused on DeFi innovation, has announced the launch of Gain, a program designed to amplify user earnings potential. This program offers a single, diversified strategy for accessing multiple Layer 2 airdrops and DeFi opportunities without the need to manage individual positions.

Describing Gain as an "evolution of vaults," Kelp DAO highlights the automation capabilities of vaults in deploying assets based on specific reward farming strategies. By participating in the Gain vault, users receive a vault LP token (agETH) that can be utilized with Pendle to earn rewards.

Beyond the vault, Gain also provides access to DeFi opportunities on L2 markets, including Lyra, Spectra, and Splice, with further partnerships in the pipeline.

To bring Gain to fruition, Kelp DAO has partnered with several key players in the DeFi space:

Aave, a leading decentralized lending protocol, is collaborating with Kelp DAO on airdrop strategies and to integrate Aave V3 strategies into Gain. This partnership aims to optimize user earnings and enhance the overall user experience.

Pendle, a protocol that enables time-weighted average price (TWAP) strategies, is working with Kelp DAO to integrate Pendle Finance strategies into Gain. This integration will provide users with access to TWAP strategies, enabling them to maximize their earnings from DeFi assets.

Lyra, a decentralized options protocol on L2, is partnering with Kelp DAO to integrate Lyra strategies into Gain. By combining the capabilities of both protocols, users will be able to participate in options strategies on L2 and earn rewards.

Spectra, a protocol that facilitates modular DeFi strategies on L2, is collaborating with Kelp to integrate Spectra strategies into Gain. This partnership aims to provide users with a diverse range of DeFi strategies, optimized for maximum earnings.

Splice, a protocol that enables decentralized derivatives on L2, is partnering with Kelp DAO to integrate Splice strategies into Gain. This integration will provide users with access to a variety of derivatives strategies, enhancing their earning potential.

As DeFi continues to evolve and expand across multiple chains, Gain powered by Kelp is positioned at the forefront, offering a advanced yet user-friendly approach to reward optimization in DeFi. By bridging the gap between complex strategies and everyday users, Kelp DAO is paving the way for broader adoption of advanced DeFi techniques.

Note: Users are encouraged to review all terms and conditions upon the official launch of Gain powered by Kelp and to always DYOR.

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