StakeEase announced a partnership with KelpDAO. The goal is to take better advantage of the ever-growing re-staking environment. StakeEase and KelpDAO are bringing the power of simplification and democratization to improve the user experience regardless of where their funds are held.
Features of the partnership entail one-click staking and gas savings for Klep, an additional layer of rewards.
First of all, the basic advantage of one-click staking on Kelp is that users can conveniently access the features and execute them faster. What’s even better is that StakeEase is planning to release StakeEase Mainnet V1 soon. Supports 8 chains, including but not limited to Avalanche, Polygon, and Ethereum. There are 10 more chains on the list. This will be added to the mainnet maximum by the end of February this year, i.e. by 2024.
One-click staking allows users to earn maximum returns while staking their ETH back to Kelp.
StakeEase’s Fusion mode can save you up to 80% gas when using Kelp again. Also known as batch mode, this mode essentially groups transactions into regular batches and then completes them to share gas fees. According to the announcement, a group of five users will save 60% on gas bills. Grouping 20 users saves 80% of the cost.
The batched ETH is first staked to Stader and then back to Kelp. Restakers share gas fees based on the number of participants in a particular batch. Savings can range from 60 to 80 percent.
Additional reward tiers are coming in the form of SEPs. It stands for StakeEase Points. The only condition is that users must stake in the ecosystem through EaseStake. These rewards will supersede all other incentives released by Kelp now or in the future, subject to changes in terms and conditions.
More features of the partnership between StakeEase and KelpDAO are frictionless access, more ways, and mutual growth.
Mutual growth literally means growth of both platforms. They plan to leverage their increased visibility and reach within the staking ecosystem. More methods mean more staking opportunities waiting to be unlocked. StakeEase also offers more assets and chains for Kelp to explore.
Seamless access is synonymous with convenience, the seamless experience users can expect from their rsETH side with just the click of a button.
This development in re-bonds followed the introduction of: own layer by StakeEase. The StakeEase testnet previously expanded its one-click offering for EigenLayer staking across multiple chains. This dates back to January 18, 2024, and depicts StakeEase’s commitment to making a strong foray into the re-staking space.
Going forward, the community will be watching to see how much gas costs it actually saves. StakeEase sets the scope and emphasizes that savings will vary depending on how many participants are placed together.