Crypto Revolution Masters
--
Binance Introduces KernelDAO (KERNEL) on Megadrop!
What is Kernel DAO?
Kernel DAO is a revolutionary restaking protocol operating on the BNB Chain. Its purpose is to improve the security and utility of staked assets. Unlike traditional staking, which often leaves assets underutilized, Kernel DAO employs shared security protocols that allow users to restake various yield-bearing assets like BNB and BTC, thereby safeguarding their investments while maximizing returns.
Kernel DAO aims to improve both the security and utility of staked assets.
Using assets in multiple applications boosts yield potential and protects investments with robust security measures. This makes Kernel DAO a key player in the restaking sector.
With operations spanning over 10 blockchain networks and a total value locked (TVL) exceeding $1.67 billion according to DeFiLlama, Kernel DAO is a major force in the DeFi ecosystem. Its wide reach and substantial TVL reflect the trust and reliability it has earned among users.
Key Products of Kernel DAO
Kernel DAO provides a range of three key products tailored to the diverse needs of its users, designed to maximize returns while securing staked assets.
At the heart of Kernel DAO’s offerings is the Kernel protocol, enabling users to restake assets like BNB and BTC, thereby enhancing both security and yield. Its integration with multiple platforms ensures users can optimize returns without sacrificing security.
The Liquid Restaking protocol stands out by allowing users to earn rewards through restaking yield-bearing tokens like BNB and BTC on the BNB Chain. It also supports earning rewards on Ethereum and other platforms, providing access to yields from over 50 DeFi services, thus helping users maximize returns across various ecosystems as a leading restaking protocol with liquid staking tokens.
Automated Rewards Farming is another key offering, providing vaults with no minimum investment, enabling users to access multiple airdrops and high rewards without lock-up periods. Users can select from various yield strategies to ensure their investments generate optimal returns.
👉 Kelp - 2nd largest LRT on ETH, has 600k+ ETH deposited with ath $1.8B TVL, massive milestone! Live on major lending protocols – Aave, Morpho, Spark, Compound, Fluid and Euler!
Security and Insurance for Users
Kernel DAO’s infrastructure ensures a secure environment, aiming to improve both the security and utility of staked assets by enabling their use in multiple applications. This shared security model allows users to redeploy staked assets for various applications, enhancing economic security.
The protocol also integrates with over 15 distributed validator networks to enhance security and staking efficiency, ensuring secure and reliable operations.
In the second phase, users can stake $KERNEL to provide insurance for projects like rsETH, protecting against slashing risks. The platform’s slashing insurance safeguards users against potential losses, boosting confidence in the protocol.
Kernel DAO Ecosystem
Kernel DAO has massive partners from multiple backgrounds, including HTX Ventures, DODOChain, Skate, Xterio,…
Tokenomics of $KERNEL
👉Token: KERNEL
👉Total Token Supply: 1,000,000,000 KERNEL
👉Circulating Supply: 162,317,496 KERNEL (16.23% of total supply)
The $KERNEL token is the lifeblood of the Kernel DAO ecosystem. Its distribution is meticulously planned to ensure a balanced and incentivized community.
Here’s how the $KERNEL token supply is allocated:
55% is allocated to community rewards and airdrops, demonstrating Kernel DAO’s commitment to rewarding its community.
5% is set aside for ecosystem growth, aimed at enhancing liquidity and fostering partnerships.
20% of the token allocation is split equally between private sales and the team and advisors, each receiving it with a specific release schedule.
Community Rewards and Airdrop Strategy
Kernel DAO highly values community engagement and rewards, designating 60% of $KERNEL tokens for community activities and ecosystem partnerships. The distribution strategy allocates 55% for community rewards, 20% for airdrops, and 35% for future incentives, ensuring fair rewards and additional rewards for both early adopters and long-term participants.
For example, the Season 1 airdrop allocates 10% of the total $KERNEL supply to genuine contributors. Kernel DAO uses Sybil analysis to ensure fairness by identifying genuine users and preventing fraud. Early restakers receive a 15% bonus until January 15, 2025, and wallets earning at least 150 Kernel points during Season 1 will get a minimum of 100 tokens.
Token Utility
The $KERNEL token serves multiple purposes within the Kernel DAO ecosystem, functioning both as a governance and incentive token.
During the initial phase, users can take part in governance decisions and earn rewards through liquidity provision. This ensures the community has substantial input in the protocol’s direction, promoting collective decision-making.
Moreover, participants can restake $KERNEL to boost the economic security of the Kernel ecosystem and qualify for airdrops from related projects. A significant portion of the protocol’s revenue is used to buy back $KERNEL tokens, further enhancing economic security.
$KERNEL has a rapidly growing restaking ecosystem. TGE will be HUGE and massive in my opinion 🔥 Let's see some of the Numbers:
💪 In just a few months, KernelDAO has established itself as the leading restaking platform, 2B TVL across Kelp, Kernel, Gain. 3rd largest restaking infra and ecosystem in Defi (DefiLamma).
💪 Total Fund Raised $10 Mn. Institutional Backing: YZi Labs, Laser Digital (Nomura), Cypher Capital, SCB Limited, Hypersphere Ventures, Levitate Labs, Bankless VC.
Comparison with Similar Projects
In the competitive landscape of restaking, Kernel DAO distinguishes itself with its comprehensive approach and substantial TVL. Despite a pessimistic market sentiment, Kernel DAO remains a key player with over $2 billion in TVL across its products, highlighting its resilience and the trust it has garnered.
Compared to similar projects including Karak or Symbiotic, Kernel DAO stands out for its extensive integration with multiple blockchain networks and robust community rewards program. Despite a substantial decrease in ROI from the initial ICO price, its focus on security, utility, and community engagement sets it apart from competitors.
Binance has introduced on its Megadrop program KernelDAO (DAO). Users need to lock their BNB on Binance Simple to be eligible for the KERNEL airdrop.
Token Listing Details
👉Token name: KERNEL
👉Megadrop Rewards: 40,000,000 KERNEL (4.00% of total supply)
👉Total Token Supply: 1,000,000,000 KERNEL
👉Circulating Supply: 162,317,496 KERNEL (16.23% of total supply)
KERNEL Airdrop allocation can be calculated by “Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus”
Guide to Participate and Earn in the KernelDAO Megadrop
The KernelDAO Megadrop is a 2-step process intended to reward user participation and engagement:
👉Locking BNB: Users have to allocate their BNB to BNB Locked Products within Binance Simple Earn. This score is determined by the total number of BNB locked, and the length of the subscription. Inherent to longer lock-up periods are higher scores. Note: These scores can vary day to day based on the averages across a snapshot. This is key to remember, as assets within BNB Flexible Products do not contribute toward the Megadrop score.
👉Quest Task Completion: Users must connect their Binance Web3 Wallet and complete assigned quests. Users must have at least one active backed-up Binance Wallet to participate; an imported external wallet is not eligible. Users who complete each of the specified Web3 Quests will receive a Web3 Quest Bonus and a Web3 Quest Multiplier.
The ultimate reward payout potential is determined by a user’s Overall Score, which is calculated as follows:
Total Score = (Locked BNB Score x Web3 Quest multiplier) + Web3 Quest Bonus
One key takeaway of note is that the Web3 Quest Multiplier defaults to 1 if a user does not complete all the specified Web3 Quests that will have a substantial impact on the user’s final score calculated from locked BNB.
Kernel DAO represents a significant advancement in the world of restaking protocols. By enhancing the security and utility of staked assets, offering a robust suite of products, and fostering a vibrant community, it stands out as a leader in the DeFi ecosystem.
There is an extra platform for users to maximize yields and ensure security and collaboration by aligning developer, staker, and community interests.
🔥Participate in the Megadrop guys cause Kernel TGE will be massive despite the Market Conditions!
#kernel #Megadrop #KernelDao
Kernel DAO is a revolutionary restaking protocol operating on the BNB Chain. Its purpose is to improve the security and utility of staked assets. Unlike traditional staking, which often leaves assets underutilized, Kernel DAO employs shared security protocols that allow users to restake various yield-bearing assets like BNB and BTC, thereby safeguarding their investments while maximizing returns.
Kernel DAO aims to improve both the security and utility of staked assets.
Using assets in multiple applications boosts yield potential and protects investments with robust security measures. This makes Kernel DAO a key player in the restaking sector.
With operations spanning over 10 blockchain networks and a total value locked (TVL) exceeding $1.67 billion according to DeFiLlama, Kernel DAO is a major force in the DeFi ecosystem. Its wide reach and substantial TVL reflect the trust and reliability it has earned among users.
Key Products of Kernel DAO
Kernel DAO provides a range of three key products tailored to the diverse needs of its users, designed to maximize returns while securing staked assets.
At the heart of Kernel DAO’s offerings is the Kernel protocol, enabling users to restake assets like BNB and BTC, thereby enhancing both security and yield. Its integration with multiple platforms ensures users can optimize returns without sacrificing security.
The Liquid Restaking protocol stands out by allowing users to earn rewards through restaking yield-bearing tokens like BNB and BTC on the BNB Chain. It also supports earning rewards on Ethereum and other platforms, providing access to yields from over 50 DeFi services, thus helping users maximize returns across various ecosystems as a leading restaking protocol with liquid staking tokens.
Automated Rewards Farming is another key offering, providing vaults with no minimum investment, enabling users to access multiple airdrops and high rewards without lock-up periods. Users can select from various yield strategies to ensure their investments generate optimal returns.
👉 Kelp - 2nd largest LRT on ETH, has 600k+ ETH deposited with ath $1.8B TVL, massive milestone! Live on major lending protocols – Aave, Morpho, Spark, Compound, Fluid and Euler!
Security and Insurance for Users
Kernel DAO’s infrastructure ensures a secure environment, aiming to improve both the security and utility of staked assets by enabling their use in multiple applications. This shared security model allows users to redeploy staked assets for various applications, enhancing economic security.
The protocol also integrates with over 15 distributed validator networks to enhance security and staking efficiency, ensuring secure and reliable operations.
In the second phase, users can stake $KERNEL to provide insurance for projects like rsETH, protecting against slashing risks. The platform’s slashing insurance safeguards users against potential losses, boosting confidence in the protocol.
Kernel DAO Ecosystem
Kernel DAO has massive partners from multiple backgrounds, including HTX Ventures, DODOChain, Skate, Xterio,…
Tokenomics of $KERNEL
👉Token: KERNEL
👉Total Token Supply: 1,000,000,000 KERNEL
👉Circulating Supply: 162,317,496 KERNEL (16.23% of total supply)
The $KERNEL token is the lifeblood of the Kernel DAO ecosystem. Its distribution is meticulously planned to ensure a balanced and incentivized community.
Here’s how the $KERNEL token supply is allocated:
55% is allocated to community rewards and airdrops, demonstrating Kernel DAO’s commitment to rewarding its community.
5% is set aside for ecosystem growth, aimed at enhancing liquidity and fostering partnerships.
20% of the token allocation is split equally between private sales and the team and advisors, each receiving it with a specific release schedule.
Community Rewards and Airdrop Strategy
Kernel DAO highly values community engagement and rewards, designating 60% of $KERNEL tokens for community activities and ecosystem partnerships. The distribution strategy allocates 55% for community rewards, 20% for airdrops, and 35% for future incentives, ensuring fair rewards and additional rewards for both early adopters and long-term participants.
For example, the Season 1 airdrop allocates 10% of the total $KERNEL supply to genuine contributors. Kernel DAO uses Sybil analysis to ensure fairness by identifying genuine users and preventing fraud. Early restakers receive a 15% bonus until January 15, 2025, and wallets earning at least 150 Kernel points during Season 1 will get a minimum of 100 tokens.
Token Utility
The $KERNEL token serves multiple purposes within the Kernel DAO ecosystem, functioning both as a governance and incentive token.
During the initial phase, users can take part in governance decisions and earn rewards through liquidity provision. This ensures the community has substantial input in the protocol’s direction, promoting collective decision-making.
Moreover, participants can restake $KERNEL to boost the economic security of the Kernel ecosystem and qualify for airdrops from related projects. A significant portion of the protocol’s revenue is used to buy back $KERNEL tokens, further enhancing economic security.
$KERNEL has a rapidly growing restaking ecosystem. TGE will be HUGE and massive in my opinion 🔥 Let's see some of the Numbers:
💪 In just a few months, KernelDAO has established itself as the leading restaking platform, 2B TVL across Kelp, Kernel, Gain. 3rd largest restaking infra and ecosystem in Defi (DefiLamma).
💪 Total Fund Raised $10 Mn. Institutional Backing: YZi Labs, Laser Digital (Nomura), Cypher Capital, SCB Limited, Hypersphere Ventures, Levitate Labs, Bankless VC.
Comparison with Similar Projects
In the competitive landscape of restaking, Kernel DAO distinguishes itself with its comprehensive approach and substantial TVL. Despite a pessimistic market sentiment, Kernel DAO remains a key player with over $2 billion in TVL across its products, highlighting its resilience and the trust it has garnered.
Compared to similar projects including Karak or Symbiotic, Kernel DAO stands out for its extensive integration with multiple blockchain networks and robust community rewards program. Despite a substantial decrease in ROI from the initial ICO price, its focus on security, utility, and community engagement sets it apart from competitors.
Binance has introduced on its Megadrop program KernelDAO (DAO). Users need to lock their BNB on Binance Simple to be eligible for the KERNEL airdrop.
Token Listing Details
👉Token name: KERNEL
👉Megadrop Rewards: 40,000,000 KERNEL (4.00% of total supply)
👉Total Token Supply: 1,000,000,000 KERNEL
👉Circulating Supply: 162,317,496 KERNEL (16.23% of total supply)
KERNEL Airdrop allocation can be calculated by “Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus”
Guide to Participate and Earn in the KernelDAO Megadrop
The KernelDAO Megadrop is a 2-step process intended to reward user participation and engagement:
👉Locking BNB: Users have to allocate their BNB to BNB Locked Products within Binance Simple Earn. This score is determined by the total number of BNB locked, and the length of the subscription. Inherent to longer lock-up periods are higher scores. Note: These scores can vary day to day based on the averages across a snapshot. This is key to remember, as assets within BNB Flexible Products do not contribute toward the Megadrop score.
👉Quest Task Completion: Users must connect their Binance Web3 Wallet and complete assigned quests. Users must have at least one active backed-up Binance Wallet to participate; an imported external wallet is not eligible. Users who complete each of the specified Web3 Quests will receive a Web3 Quest Bonus and a Web3 Quest Multiplier.
The ultimate reward payout potential is determined by a user’s Overall Score, which is calculated as follows:
Total Score = (Locked BNB Score x Web3 Quest multiplier) + Web3 Quest Bonus
One key takeaway of note is that the Web3 Quest Multiplier defaults to 1 if a user does not complete all the specified Web3 Quests that will have a substantial impact on the user’s final score calculated from locked BNB.
Kernel DAO represents a significant advancement in the world of restaking protocols. By enhancing the security and utility of staked assets, offering a robust suite of products, and fostering a vibrant community, it stands out as a leader in the DeFi ecosystem.
There is an extra platform for users to maximize yields and ensure security and collaboration by aligning developer, staker, and community interests.
🔥Participate in the Megadrop guys cause Kernel TGE will be massive despite the Market Conditions!
#kernel #Megadrop #KernelDao
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.