Guys, I want to give you some information about KernelDao because it has been popping up a lot lately and caught my attention. ๐ง๐ฅ
In the photo I shared below, you can see the major brands from which it received a $10 million investment. ๐ธ๐ธ
So what is KernelDAO? I want to briefly talk about it ๐ญ๐
It appears as a restaking platform built on BNBChain. Additionally, you can also perform operations on more than 10 networks like Ethereum, Arbitrum, Optimism. ๐โ๏ธ
Kernel Dao has three core products on the Stake side ๐งฑ๐
1๏ธโฃ Shared protocol on BNBChain; You can restake BNB, BTC, and other yield-generating tokens and earn rewards. ๐ช๐
You can earn rewards for BNB restaked through asBNB via Binance Launchpool.
It currently has $623.82 million TVL. ๐๐
2๏ธโฃ Liquid Restaking protocol on Ethereum; You can earn rewards through ETH. You can earn additional yields across more than 50 DeFi platforms including Aave, Morpho, Compound, Fluid, Balancer, etc. ๐ง๐
It has $1.06 billion TVL. ๐ฐ๐
3๏ธโฃ Automated vaults on Ethereum. No lock-up, no minimum requirement. ๐ ๐
With the airdrop gain vault (agETH), you can earn by accessing multiple airdrops. ๐ฏ๐
With the high growth vault (hgETH), it offers the opportunity to earn the highest rewards on Ethereum and additional rewards across Pendle, Balancer, Morpho, etc. ๐ข๐
It has $127.39 million TVL. ๐ผ๐น
๐ $KERNEL has a total supply of 1 billion, and initially 162.31 million tokens will be in circulation.
The team will have a 30-month vesting schedule for their tokens. โณ๐
โ ๏ธ Important Notes:
- The crypto market is highly volatile.
- This post is for informational purposes only and does not constitute investment advice.
- ๐ Always do your own research and only invest what you can afford to lose.