
Chainlink|May 01, 2025 14:10
.@KelpDAO is integrating Chainlink Proof of Reserve Secure Mint to enhance the security and transparency of rsETH.
By leveraging Chainlink Proof of Reserve Secure Mint, Kelp can programmatically enforce 1:1 collateralization, ensuring that new tokens are only minted when reserves meet or exceed the required backing.
Lending protocols will also be able to leverage the Chainlink PoR rsETH feed to independently verify asset reserves in real-time: https://blogs.kerneldao.com/blog/kelp-is-integrating-chainlink-proof-of-reserve-to-help-further-secure-rseth-s-minting-function
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