Kelp DAO has launched the KEP token, which provides liquidity for EigenLayer points.

BlockBeats news, on February 22nd, according to an official announcement, the liquidity staking platform Kelp DAO announced the launch of its token KEP, which aims to introduce liquidity for EigenLayer tokens. EigenLayer tokens generated through staking on Kelp DAO can be exchanged for KEP (an ERC-20 token) at a 1:1 ratio, and can be freely transferred and traded. KEP holders will also receive rewards in proportion to the amount of EigenLayer tokens represented by their KEP holdings. The official announcement stated that the KEP token claim page will be launched soon.