Kelp DAO will use 250,000 ARB grants to enhance $rsETH’s opportunities in DeFi and more

Kelp DAO announced the receipt of LTIPP grant from Arbitrum, and will use the received 250,000 ARB funds to continue building the Arbitrum community, including providing bridge rebates from $rsETH to Arbitrum, enhancing local re-collateralization of $rsETH on Arbitrum, and strengthening the opportunities of $rsETH in the DeFi field. They are committed to creating a smoother re-collateralization experience on the Arbitrum chain.