Hemi Expands DeFi Accessibility with Kelp’s GAIN Vault

Hemi is expanding into Kelp’s GAIN Vault.

TL;DR:

Hemi is partnering with Kelp DAO. Users can join Hemi’s ecosystem by depositing rsETH into Kelp’s GAIN vault. This makes it easier and cheaper to earn Hemi points before the mainnet launch.

Hemi has announced it is working with Kelp DAO, expanding accessibility to Hemi’s ecosystem through their GAIN vault. 

This represents a significant step in Hemi’s mission to make DeFi more accessible and efficient for users worldwide. And you thought that we just organized great brunches together.

The DeFi landscape often presents technical barriers that can deter wider participation — a challenge that this integration addresses head-on. Kelp’s GAIN vault provides an entry point for users looking to participate in Hemi’s ecosystem during the Hemi pre-mainnet phase.

Users can now participate in Hemi point farming by simply depositing their rsETH into Kelp’s Airdrop Gain vault. This process eliminates common friction points for end users like complex bridging operations, multiple transaction approvals, high gas costs from individual transactions, and technical knowledge requirements.

The vault’s architecture automatically handles the process of bridging and position management, making Hemi point farming accessible to a broader audience.

Through this integration, participants can enjoy several unique advantages:

  • Optimized Gas Efficiency: Instead of executing multiple cross-chain transactions individually, users benefit from Kelp’s batched bridging mechanism, significantly reducing gas costs.
  • Capital Efficiency: Users receive agETH (Airdrop Gain vault receipt token) upon deposit, which can be utilized in various DeFi protocols while simultaneously farming Hemi points.
  • Professional Management: The vault’s automated rebalancing ensures optimal point accumulation without requiring constant user monitoring or manual adjustments.

This collaboration with Kelp aligns with Hemi’s vision of creating a more inclusive and efficient DeFi ecosystem. By leveraging Kelp’s infrastructure, Hemi will provide its community with a secure and optimized way to participate in Hemi’s growth journey before public mainnet launch.

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