🧠 KernelDAO Project Breakdown
KernelDAO is a modular restaking ecosystem built to maximize security and yield across Ethereum, BNB Chain, and beyond. It includes three key products:
⚙️ Core Products
Restaking layer for BNB and BTC assets. Secures protocols using pooled validator networks (DVNs). $660M+ TVL since Dec 2024.
2. Kelp (Ethereum):
Liquid Restaking Token (rsETH) built on EigenLayer. Supports >400k users, $2B+ in TVL, integrated with Aave, Compound, L2s.
3. Gain (Vaults):
Automated DeFi vaults for airdrops, ETH strategies (agETH, hgETH). Expansion to BTC, stables, and RWAs is underway.
📊 Tokenomics
Token: $KERNEL
Total Supply: 1B
Circulating: ~162M (at TGE)
Utilities: Governance, restaking rewards, insurance, access to drops
Binance Megadrop: 8% allocated (~$40M+ in value)
Distribution:
Community: 45.9%
Investors: 15.9%
Team: 20%
Partners: 5%
Marketing/Airdrops: 13.2%
👥 Backing & Ecosystem
Backed by Binance Labs, Laser Digital, SCB 10X, Hypersphere, GSR, and others. Over $10M raised. Working with Gitcoin, ENS, Sismo, Zealy. 200+ protocols expected in ecosystem.
🛣️ Roadmap
✅ Mainnet launch
✅Vaults for BTC, RWAs
✅ Operator Delegation (Kernel)
✅ Omnichain security layer
💡 Use Cases
Boosted yields for ETH/BNB holders
Liquid staking without lockup
Restaking security for AVSs
Access to early ecosystem airdrops
⚠️ Risks
Smart contract & slashing risk
Token unlock dilution
Strong competition in restaking space
✅ Summary
KernelDAO combines real DeFi utility (restaking, LRTs, yield vaults) into one ecosystem. With strong backers, fast-growing TVL, and Binance support, it’s positioned to lead the next phase of modular staking.
