If you’ve been actively restaking your assets with Kelp DAO, you’re on the brink of unlocking a new dimension of rewards with KEP. Here’s everything you need to know about KEP and claiming your EigenLayer Points on Kelp.

Understanding the KEP claim process
The KEP claiming process operates on a weekly cycle initially, transitioning to a fortnightly cycle as the system matures. Here’s how it works:

• Claiming day:
  The cut-off for the first cycle of KEP claim is set on Tuesday, 27th Feb. EL Points accumulated before this date will be available for claiming on Wednesday, 28th Feb. The following week onwards, users will be able to claim KEP tokens for the EL points accumulated till Sunday on Wednesday weekly.
• Accumulation period:
  After the first cycle the points accumulate from Monday to Sunday. All the EigenLayer (EL) Points you accumulate in this period become eligible for claiming on Wednesday.
• Claiming process:
  Claiming your KEP tokens is hassle-free. Just visit the Kelp dApp and click on the ‘Claim’ button to initiate the process. Your eligible KEP tokens will be ready for you to collect.

Eligibility for claiming KEP
Starting 28 February, different groups of users will be eligible for first claim on KEP. Here’s a breakdown of who is eligible:

• rsETH holders on Mainnet
• Pendle position holders on Mainnet
  (Note: Users who bought reward-bearing tokens like YT-rsETH, SY-rsETH or LP tokens using non-rsETH tokens will be eligible starting next cycle)
• Uniswap position holders on Mainnet (rsETH <> ETHx pool)
• Curve position holders on Mainnet
  (Note: Users who have provided liquidity for just sfrxETH to the rsETH <> sfrxETH pool will be eligible starting next cycle)

Expansion to other chains and DeFi opportunities
While an extensive set of opportunities are currently available, the Kelp team is working to expand the scope of KEP claims to other chains and DeFi opportunities. Here’s a look at what’s in store.

Users holding rsETH on L2s and other DeFi opportunities will soon be eligible to claim KEP tokens. We’ll progressively share updates as we continue to expand our ecosystem.

Unlock the full potential of your EigenLayer Points with KEP tokens. Secure your seats on the Kelp Odyssey today.