Kelp Gain Template
The Kelp Gain Vault Strategy optimises your yield by allowing you to zap into the Kelp Gain Vault with your chosen input token (ETH or USDC) in a single transaction. This strategy is designed to farm airdrop points across multiple protocols, including Kelp, Scroll, Linea, Karak, and Eigen, ensuring efficiency, convenience, and maximised rewards.
Deploy to experience:
• Efficiency and Convenience: Zap directly into the Kelp Gain Vault in one transaction.
• Airdrop Farming: Automatically farm airdrop points from top protocols like Kelp, Scroll, Linea, Karak, and Eigen.
• Optimised Returns: Maximise your yield by leveraging multiple protocols and earning additional rewards.
• Streamlined Management: Manage your position seamlessly via the Kelp platform.
How to Deploy?
User Steps to Deploy the Strategy
Choose Input Token and Amount: Select ETH, stablecoins, or LSTs as your input token and specify the amount.
Simulate and Sign Transaction: Approve and sign the transaction in your account.
What the Strategy Does in a Single Transaction:
Swap Input token to rsETH: Your chosen input token (ETH, stables, or LSTs) is swapped to rsETH.
Approves and Deposit rsETH into Kelp Gain Vault: The rsETH is then deposited into the Kelp Gain Vault, where it farms airdrop points across Kelp, Scroll, Linea, Karak, and Eigen.
Notes
• Direct Execution: The transaction is executed directly on the Kelp Gain Vault contracts, ensuring that the user’s account directly owns the position in the vault at all times.
• The strategy efficiently manages multiple protocols in one unified transaction, streamlining the process of earning rewards from various airdrop opportunities.
• The strategy is designed for ease of use, allowing for straightforward management of the position on the Kelp platform after deployment.
• The strategy currently supports integration with Kelp, with future plans to add Pendle actions for enhanced yield opportunities.
Risks
Engaging in this vault strategy carries inherent risks, including potential loss if the underlying assets decrease in value. The strategy is designed to maximise rewards by farming airdrops from multiple protocols, but market volatility and protocol performance can impact your returns. Additionally, withdrawals from the vault take 3-4 days to process, which may affect liquidity needs. Smart contract risks are also present, as vulnerabilities in the vault’s code could lead to unexpected losses.
Always consider your risk tolerance and perform due diligence before participating in this strategy.
See Kelp’s doc for more information.
Contracts Used
• Kelp Gain Vault: Contract Address
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