Kelp DAO focuses on Liquid Restaking Solutions for Ethereum and OP Mainnet, aiming to improve liquidity for assets on platforms like EigenLayer. Its primary product, rsETH, allows fractional ownership of staked assets, offering both instant liquidity and redemption options. Additionally, Kelp DAO has introduced $KEP (Kelp Earned Points), a token that equates to EigenLayer Points, giving users flexibility in how they manage and utilize these rewards.
Ionic is a non-custodial money market protocol offering unparalleled control and security to its users through a code-centric governance model. Ionic differentiates itself with a novel Point System, rewarding users for contributing to the ecosystem without issuing a conventional token. This system encourages engagement through lending, borrowing, and referrals, with varying points potential for different activities. The project is entirely self-bootstrapped, relying on its resources for development without external funding. This approach underlines Ionic's commitment to innovation and self-sustainability in the competitive DeFi landscape.
dHedge is a decentralized asset management protocol enabling non-custodial investing and transparent on-chain trading. Governed by the DHT token, holders stake for voting power and earn rewards. With a fixed supply of 100 million tokens, DHT facilitates governance decisions and fee collection on the platform. Launched through a token generation event in 2020, dHedge generates revenue from administration and performance fees, supporting its operations and growth in decentralized finance.
Hop Protocol facilitates seamless asset transfers across Ethereum layer-2 networks with its scalable bridge architecture and "h" tokens. Governed by HOP token holders, it employs a community-driven governance model involving forum discussions, Snapshot voting, and on-chain proposals. With a maximum supply of 1 billion tokens, HOP serves as a governance tool and utility token within the protocol. Hop Protocol raised nearly $2 million through funding rounds, attracting notable investors and focusing on enhancing interoperability in the Ethereum ecosystem.
