What is Kelp Earned Points

Article Summary, Automatically Generated By AI

Summary

  • $KEP (Kelp Earned Points) is a token equivalent to 1 EigenLayer Point.
  • Users have full control over storing, trading, and utilizing their accrued EigenLayer Points.
  • Key figure: 1 $KEP = 1 EL Point.

Unlocking the Power of Kelp Earned Points

$KEP (Kelp Earned Points) represents a tokenized equivalent of an EigenLayer Point, earned through Kelp, where a 1:1 parity is maintained, i.e., 1 $KEP is equal to 1 EL Point. This affords users unfettered autonomy to store, trade, and utilize their accrued EigenLayer Points as they deem fit.

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