Kiln - ETH Staking Report - September 2024.pdf
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🔍 Let's take a look and compare how Kiln validators performed in September versus the rest of the Ethereum network.
📈 We achieved a gross rewards rate that is 0.10 percentage points higher than the Ethereum network average, and generated 2.79% more staking rewards.
🔐 As in previous months, Kiln experienced no slashing events in September (or at any time). Our commitment remains to safeguarding our users' assets and fostering a secure environment for all.
📊 The data used for this analysis comes from Rated, Kiln Connect, and beaconcha.in.
📈 We achieved a gross rewards rate that is 0.10 percentage points higher than the Ethereum network average, and generated 2.79% more staking rewards.
🔐 As in previous months, Kiln experienced no slashing events in September (or at any time). Our commitment remains to safeguarding our users' assets and fostering a secure environment for all.
📊 The data used for this analysis comes from Rated, Kiln Connect, and beaconcha.in.
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🚀 Ethereum is always pushing forward! What’s next with the upcoming Pectra upgrade in Q1 2025? This upgrade promises significant enhancements to staking through 3 key EIPs:
• EIP-7251: Increase MAX_EFFECTIVE_BALANCE
• EIP-7002: Triggerable withdrawals
• EIP-6110: Onchain validator deposits
Learn how the Pectra upgrade will elevate your staking experience in our latest blog post by Sebastien Rannou, our Ethereum lead: https://www.kiln.fi/post/next-ethereum-upgrade-how-pectra-will-enhance-the-staking-experience
• EIP-7251: Increase MAX_EFFECTIVE_BALANCE
• EIP-7002: Triggerable withdrawals
• EIP-6110: Onchain validator deposits
Learn how the Pectra upgrade will elevate your staking experience in our latest blog post by Sebastien Rannou, our Ethereum lead: https://www.kiln.fi/post/next-ethereum-upgrade-how-pectra-will-enhance-the-staking-experience
www.kiln.fi
Next Ethereum upgrade: How Pectra will enhance the staking experience
The Ethereum network is gearing up for the Pectra upgrade, scheduled for Q1 2025. This upgrade promises significant enhancements to the staking landscape and a host of ambitious improvements.
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🌐 VanEck clients can now benefit from Kiln’s high-performance and secure staking services, backed by our SOC 2 Type 2 certified infrastructure.
Key Benefits:
🔒 Maximum security & uptime
📈 Seamless institutional integration
💼 Effortless exposure to Solana for institutional investors
🤝 This partnership is a big step forward in driving institutional crypto adoption!
Learn more about this new partnership on our latest blog post: https://www.kiln.fi/post/vaneck-partners-with-kiln-to-power-institutional-staking-for-vanecks-solana-strategy
Key Benefits:
🔒 Maximum security & uptime
📈 Seamless institutional integration
💼 Effortless exposure to Solana for institutional investors
🤝 This partnership is a big step forward in driving institutional crypto adoption!
Learn more about this new partnership on our latest blog post: https://www.kiln.fi/post/vaneck-partners-with-kiln-to-power-institutional-staking-for-vanecks-solana-strategy
www.kiln.fi
VanEck partners with Kiln to power institutional staking for VanEck’s Solana Strategy
Kiln partners with VanEck to power secure, institutional-grade staking for its Solana Strategy, offering seamless exposure to Solana with top-tier infrastructure.
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Another milestone before the year's end! 🎉 We’re thrilled to have reached $10B in assets staked through Kiln’s technology—an all-time high. That’s a 190% growth year-over-year! Thanks to the trust of all our partners, this is just the beginning. 🚀
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🚀 The third and final cap raise for Babylon's Phase 1 is scheduled for Tuesday, December 10th next week and will last approximately 7 days (1,000 Bitcoin blocks).
🙌 You can participate in this new cap raise and stake BTC via Fireblocks' API for secure, seamless transactions. The process is simple and straightforward through Kiln Dashboard.
👀 If you have any questions, feel free to contact our team at support@kiln.fi.
🙌 You can participate in this new cap raise and stake BTC via Fireblocks' API for secure, seamless transactions. The process is simple and straightforward through Kiln Dashboard.
👀 If you have any questions, feel free to contact our team at support@kiln.fi.
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🌟 Babylon Phase 1 - Cap-3 just opened! This is your chance to be at the forefront of innovation and become an early adopter of BTC staking.
👉 Want to learn more about your BTC staking options? Check out our latest blog post for a detailed guide: https://www.kiln.fi/post/how-to-stake-btc-with-babylon-via-kiln
👉 Want to learn more about your BTC staking options? Check out our latest blog post for a detailed guide: https://www.kiln.fi/post/how-to-stake-btc-with-babylon-via-kiln
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🧱 You can now stake your SOL directly from your Bitget Wallet with Kiln
🔑 Unlock staking rewards while keeping full control of your assets!
🔒 Start staking and contribute to Solana's network security today
Learn more ➡️ https://www.kiln.fi/post/stake-sol-from-bitget-wallet-powered-by-kiln
🔑 Unlock staking rewards while keeping full control of your assets!
🔒 Start staking and contribute to Solana's network security today
Learn more ➡️ https://www.kiln.fi/post/stake-sol-from-bitget-wallet-powered-by-kiln
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🚀 Kiln is teaming up with Lombard, the largest liquid staking protocol on @Babylon!
₿ Stake on Babylon via Lombard LBTC and choose Kiln as your finality provider to access permissionless DeFi and earn rewards. Stakers will earn both Babylon points and Lombard points.
👀 Babylon's Cap-raise 3 is live, a remaining 5-day window to stake BTC. Deposit your BTC via your preferred custodian, mint LBTC, and start staking.
👉 Check out our demo video on how to stake with Lombard LBTC. DM us for more info!
₿ Stake on Babylon via Lombard LBTC and choose Kiln as your finality provider to access permissionless DeFi and earn rewards. Stakers will earn both Babylon points and Lombard points.
👀 Babylon's Cap-raise 3 is live, a remaining 5-day window to stake BTC. Deposit your BTC via your preferred custodian, mint LBTC, and start staking.
👉 Check out our demo video on how to stake with Lombard LBTC. DM us for more info!
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Eigen Layer, the pioneer restaking protocol by TVL, is set to implement 2 significant upgrades about reward distribution and integrate slashing mechanisms.
1️⃣ The first upgrade will provide more detailed and equitable reward allocation, benefiting participants in the restaking ecosystem.
2️⃣ The second upgrade will introduce slashing capabilities, aimed at strengthening network security by imposing penalties on harmful activities.
👉 Our latest blog post explores them and analyzes their potential effects on the restaking landscape. Check it now: https://www.kiln.fi/post/eigenlayer-unveils-rewards-v2-and-slashing-for-2025
1️⃣ The first upgrade will provide more detailed and equitable reward allocation, benefiting participants in the restaking ecosystem.
2️⃣ The second upgrade will introduce slashing capabilities, aimed at strengthening network security by imposing penalties on harmful activities.
👉 Our latest blog post explores them and analyzes their potential effects on the restaking landscape. Check it now: https://www.kiln.fi/post/eigenlayer-unveils-rewards-v2-and-slashing-for-2025
www.kiln.fi
EigenLayer unveils rewards v2 and slashing for 2025
This article explores these upcoming upgrades in detail and examines their potential impact on the restaking ecosystem.
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🐻 Ooga Booga! Berachain mainnet is live!
🙌 You can now stake BERA through Kiln Validators and BitGo. Both liquid and unvested BERA can be staked through this service.
👉 Users can stake their BERA directly from BitGo using your own white-labeled validator operated by Kiln.
💡 Learn more about BERA staking on our latest blog post: https://www.kiln.fi/post/bera-staking-is-now-available-through-kiln-and-bitgo
🙌 You can now stake BERA through Kiln Validators and BitGo. Both liquid and unvested BERA can be staked through this service.
👉 Users can stake their BERA directly from BitGo using your own white-labeled validator operated by Kiln.
💡 Learn more about BERA staking on our latest blog post: https://www.kiln.fi/post/bera-staking-is-now-available-through-kiln-and-bitgo
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✨ Pectra is now live!
Ready to roll your 32 ETH validators into a single auto‑compounding powerhouse?
Our guide shows how to convert & consolidate in Kiln Dashboard:
• Enable compounding with one click
• Merge multiple validators into one (up to 2,048 ETH)
• Keep control of your withdrawal keys
Dive in → https://www.kiln.fi/post/kiln-dashboard-goes-pectra-compounding-consolidation-made-simple
Ready to roll your 32 ETH validators into a single auto‑compounding powerhouse?
Our guide shows how to convert & consolidate in Kiln Dashboard:
• Enable compounding with one click
• Merge multiple validators into one (up to 2,048 ETH)
• Keep control of your withdrawal keys
Dive in → https://www.kiln.fi/post/kiln-dashboard-goes-pectra-compounding-consolidation-made-simple
www.kiln.fi
Kiln Dashboard goes Pectra: compounding & consolidation made simple
Explore how Kiln Dashboard supports Ethereum's Pectra upgrade, offering features like automatic compounding, faster activations, and enhanced withdrawal flexibility, along with easy validator consolidation and management.
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🔑 Your Safe multisig just became a yield engine
Safe{Wallet} already secures $100B+ for DAOs, crypto companies, and HNWIs.
Now those same treasuries can earn without ever moving assets.
How it works:
• One multisig transaction routes wETH, wstETH, USDC, USDT, or WBTC into Morpho Labs Earn, powered by Kiln DeFi
• Your Safe now holds non-transferable vault shares, so signer control never changes
• Live APY, risk score and exit cost are shown in-app
Open Safe → Earn → start compounding
Learn more: https://www.kiln.fi/post/safe-wallet-x-kiln-defi-one-click-stablecoin-yield-for-multisig-treasuries
Safe{Wallet} already secures $100B+ for DAOs, crypto companies, and HNWIs.
Now those same treasuries can earn without ever moving assets.
How it works:
• One multisig transaction routes wETH, wstETH, USDC, USDT, or WBTC into Morpho Labs Earn, powered by Kiln DeFi
• Your Safe now holds non-transferable vault shares, so signer control never changes
• Live APY, risk score and exit cost are shown in-app
Open Safe → Earn → start compounding
Learn more: https://www.kiln.fi/post/safe-wallet-x-kiln-defi-one-click-stablecoin-yield-for-multisig-treasuries
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Another great milestone to share : 💥 Boom! Kiln DeFi TVL hit over $100M last night! Wallet users are loving stablecoin yields!
🙏 Massive thanks to integrated partners: Ledger, Trust Wallet, Safe, CoolBitX, Crypto.com and more... and our fantastic DeFi GTM team.
🏦 ⛓️ This is the power of simplifying and aggregating access to DeFi.
Source: https://dune.com/kiln/defi?chain_efc371=ethereum
🙏 Massive thanks to integrated partners: Ledger, Trust Wallet, Safe, CoolBitX, Crypto.com and more... and our fantastic DeFi GTM team.
🏦 ⛓️ This is the power of simplifying and aggregating access to DeFi.
Source: https://dune.com/kiln/defi?chain_efc371=ethereum
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We’re pleased to share our inaugural research publication, providing in-depth analysis of key trends in digital assets. This report focuses on the institutional adoption of DeFi vaults and their evolving role in onchain finance.
The report examines the 28x growth in curated vault TVL, real-world asset integration, and emerging institutional use cases. It includes proprietary data, market map, and forward-looking projections for this rapidly developing sector.
Available now for professionals seeking data-driven analysis of DeFi's institutional evolution.
👉 Learn more: https://www.kiln.fi/post/the-uprising-of-vaults-the-road-to-institutional-grade-defi
👉 Download the full report: https://share.hsforms.com/1o98m8zMKQ4OP-EJxjvUo4A4d3s1
The report examines the 28x growth in curated vault TVL, real-world asset integration, and emerging institutional use cases. It includes proprietary data, market map, and forward-looking projections for this rapidly developing sector.
Available now for professionals seeking data-driven analysis of DeFi's institutional evolution.
👉 Learn more: https://www.kiln.fi/post/the-uprising-of-vaults-the-road-to-institutional-grade-defi
👉 Download the full report: https://share.hsforms.com/1o98m8zMKQ4OP-EJxjvUo4A4d3s1
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🚀 Kiln is now a Supervalidator on Canton Network!
Securing the future of institutional DeFi with compliant, scalable infrastructure for $3.6T+ in tokenized assets.
💡 "A leap toward efficient, fair, and resilient finance." – Yuval Rooz, Digital Asset
Interested in leveraging Canton’s privacy-preserving infrastructure? Kiln offers:
- 🛠️ Validator-as-a-service on Canton for app providers and institutions
- 🤝 Integration support with leading custody wallets such as Copper, Dfns
- 📊 Full monitoring, compliance, and reporting for institutional-grade deployments
🔗 Learn more: https://www.kiln.fi/post/kiln-joins-canton-ecosystem-as-super-validator-and-expands-white-label-services
Securing the future of institutional DeFi with compliant, scalable infrastructure for $3.6T+ in tokenized assets.
💡 "A leap toward efficient, fair, and resilient finance." – Yuval Rooz, Digital Asset
Interested in leveraging Canton’s privacy-preserving infrastructure? Kiln offers:
- 🛠️ Validator-as-a-service on Canton for app providers and institutions
- 🤝 Integration support with leading custody wallets such as Copper, Dfns
- 📊 Full monitoring, compliance, and reporting for institutional-grade deployments
🔗 Learn more: https://www.kiln.fi/post/kiln-joins-canton-ecosystem-as-super-validator-and-expands-white-label-services
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Kiln DeFi TVL hits $300M+!
The milestones keep coming, faster and faster:
🔹 $100M — June 12
🔹 $200M — July 28 (46 days later)
🔹 $300M — August 12 (15 days later); accelerating to $349M on August 13
🙌 Huge thanks to our partners and community:
Ledger, TrustWallet, safe, coolwallet, cryptocom & more, plus our unstoppable DeFi GTM team.
🏦⛓️ Simplifying DeFi access = accelerating adoption.
Next stop? Let’s just say… we’re not slowing down.
📊 Source: https://dune.com/kiln/defi?chain_efc371=ethereum
The milestones keep coming, faster and faster:
🔹 $100M — June 12
🔹 $200M — July 28 (46 days later)
🔹 $300M — August 12 (15 days later); accelerating to $349M on August 13
🙌 Huge thanks to our partners and community:
Ledger, TrustWallet, safe, coolwallet, cryptocom & more, plus our unstoppable DeFi GTM team.
🏦⛓️ Simplifying DeFi access = accelerating adoption.
Next stop? Let’s just say… we’re not slowing down.
📊 Source: https://dune.com/kiln/defi?chain_efc371=ethereum
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73% of institutions want yield on stablecoins, but without native yield, their capital sits idle. Kiln fixes this: a single dashboard taps into Morpho, Aave, and Compound while your assets stay with your favorite custodian.
Learn more: https://www.kiln.fi/post/paving-the-path-for-trillions-in-institutional-capital-to-move-onchain-introducing-kiln-defi-in-the-kiln-dashboard
Learn more: https://www.kiln.fi/post/paving-the-path-for-trillions-in-institutional-capital-to-move-onchain-introducing-kiln-defi-in-the-kiln-dashboard
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We've just reached +400M$ TVL on Kiln DeFi, the curve isn’t just growing, it’s steepening. 📈
$100M → June 12
$200M → July 28 (46 days later)
$300M → August 12 (15 days later)
$400M → August 21 (only 9 days later)
4x in just 10 weeks.
Big thanks to our partners Ledger, Trust Wallet, Safe, Bitpanda & more, and our unstoppable team for fueling this momentum.
Kiln DeFi mission is simple: make DeFi effortless, secure, and scalable.
📊 Track it live: https://dune.com/kiln/defi?chain_efc371=ethereum
$100M → June 12
$200M → July 28 (46 days later)
$300M → August 12 (15 days later)
$400M → August 21 (only 9 days later)
4x in just 10 weeks.
Big thanks to our partners Ledger, Trust Wallet, Safe, Bitpanda & more, and our unstoppable team for fueling this momentum.
Kiln DeFi mission is simple: make DeFi effortless, secure, and scalable.
📊 Track it live: https://dune.com/kiln/defi?chain_efc371=ethereum
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Kiln experienced a security incident earlier this week. While our team is working tirelessly to address it, it has come to our attention that some individuals are attempting to use this incident to impersonate Kiln.
PLEASE BE CAUTIOUS OF SCAMS. As all Kiln product interfaces are temporarily paused, any Kiln-branded interface appearing at this time should be considered fraudulent. We will update you as soon as possible via the following official channels when our dedicated Kiln interfaces become available.
Only trust updates from official Kiln channels:
- Website: https://www.kiln.fi/ and https://status.kiln.fi/
- Support email: support@kiln.fi
- Twitter: @Kiln_finance
- Telegram channel: @Kiln_finance
- YouTube: @kiln_finance
Any other domain, email, or Telegram channel is not affiliated with Kiln and should be considered fraudulent and reported.
- Private keys always remain under your control. Kiln will never request them or require you to share them.
- Do not connect wallets or stake or sign any transaction via unverified links
- If you are not sure, message support@kiln.fi, which is our only official support channel.
- No Kiln employee will DM you first on social media; consider anyone reaching out directly as fraudulent.
- Always double-check that you are in contact with the official channels mentioned above before interacting, that you are on the correct Kiln domain, and speaking with actual Kiln employees.
To ensure your safety and that of your funds, always make sure to follow those practices.
PLEASE BE CAUTIOUS OF SCAMS. As all Kiln product interfaces are temporarily paused, any Kiln-branded interface appearing at this time should be considered fraudulent. We will update you as soon as possible via the following official channels when our dedicated Kiln interfaces become available.
Only trust updates from official Kiln channels:
- Website: https://www.kiln.fi/ and https://status.kiln.fi/
- Support email: support@kiln.fi
- Twitter: @Kiln_finance
- Telegram channel: @Kiln_finance
- YouTube: @kiln_finance
Any other domain, email, or Telegram channel is not affiliated with Kiln and should be considered fraudulent and reported.
- Private keys always remain under your control. Kiln will never request them or require you to share them.
- Do not connect wallets or stake or sign any transaction via unverified links
- If you are not sure, message support@kiln.fi, which is our only official support channel.
- No Kiln employee will DM you first on social media; consider anyone reaching out directly as fraudulent.
- Always double-check that you are in contact with the official channels mentioned above before interacting, that you are on the correct Kiln domain, and speaking with actual Kiln employees.
To ensure your safety and that of your funds, always make sure to follow those practices.
www.kiln.fi
Kiln - The institutional layer for onchain assets
Earn rewards on your digital assets through staking and DeFi, or whitelabel earning functionality into your products.
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Institutions are moving trillions of dollars onchain, but yield infrastructure is still fragmented, manual and hard to scale for regulated players.
Today we are introducing Railnet, an open yield infrastructure that standardizes how capital moves across staking, DeFi, tokenized assets, and real world yield.
Rather than competing for deposits, Railnet acts as neutral infrastructure connecting asset managers, protocols, and platforms on shared rails, with:
• Cross protocol strategy composition
• Compliance controls and address whitelisting
• Asynchronous execution (KYC and delayed settlement)
• Unified reporting across onchain and tokenized markets
We are building Railnet with and for partners including Ethena Labs, Dune Sentora, Chainlink Labs, Ondo Finance, Safe and others across the ecosystem.
🔗 Read the full announcement and deep dive on the Railnet: www.kiln.fi/post/introducing-railnet-the-open-yield-layer-for-programmable-asset-management
Today we are introducing Railnet, an open yield infrastructure that standardizes how capital moves across staking, DeFi, tokenized assets, and real world yield.
Rather than competing for deposits, Railnet acts as neutral infrastructure connecting asset managers, protocols, and platforms on shared rails, with:
• Cross protocol strategy composition
• Compliance controls and address whitelisting
• Asynchronous execution (KYC and delayed settlement)
• Unified reporting across onchain and tokenized markets
We are building Railnet with and for partners including Ethena Labs, Dune Sentora, Chainlink Labs, Ondo Finance, Safe and others across the ecosystem.
🔗 Read the full announcement and deep dive on the Railnet: www.kiln.fi/post/introducing-railnet-the-open-yield-layer-for-programmable-asset-management
www.kiln.fi
Introducing Railnet: the open yield layer for programmable asset management
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