As Web3 technologies continue to evolve rapidly, the DeFi space is undergoing a transformation with more user-centric solutions. One example of this evolution is Kernel DAO. Built on the BNB Chain, this decentralized autonomous organization goes beyond the traditional DAO concept, placing community power at its core. #Binance
What is #Kernel DAO?
✨ Kernel DAO is fundamentally a restaking protocol. It allows users to restake assets like BNB and BTC, which not only helps enhance network security but also provides opportunities to earn additional passive income. The platform isn’t just about yield—it also offers a more secure and reliable staking experience.
Tokenomics
The total supply of KERNEL tokens is capped at 1,000,000,000. Here’s the breakdown:
• Community & Rewards: 55%
• Team & Advisors: 20 %
• Private Sale: 20%
• Ecosystem Fund: 5%
Additional Details:
• Megadrop Allocation: 40,000,000 KERNEL (4%)
• Initial Circulating Supply: 162,317,496 KERNEL (16.23%)
✨ Within just three months, Kernel DAO has attracted over $660 million in total value locked (TVL)—a remarkable growth in such a short time. One of its standout ecosystem products is Kelp, which has facilitated the staking of over 600,000 ETH on the Ethereum side, making it the second-largest in the LRT segment.
✨ Another key product is Gain, a rewards vault platform that has reached $120 million in TVL. For active DeFi users, it serves as an additional yield-generating tool.
✨ What stands out the most about Kernel DAO is its integration with over 15 distributed validator networks. This significantly enhances network security. Moreover, it offers insurance mechanisms against risks like slashing, providing a much safer environment for staking your assets.