Here's a tutorial on KernelDAO Ecosystem:
KernelDAO Tutorial: Getting Started with Kernel, Kelp, and Gain
KernelDAO is a decentralized autonomous organization (DAO) that offers innovative solutions for the DeFi ecosystem. In this tutorial, we'll cover the basics of KernelDAO's core products: Kernel, Kelp, and Gain.
Step 1: Understanding KernelDAO's Core Products
1. Kernel: Shared Security Layer: Kernel's Shared Security Layer provides modular shared security solutions for protocols on BNB Chain.
2. Kelp: Liquid Restaking Token: Kelp's Liquid Restaking Token (LRT) allows ETH stakers to retain liquidity while accruing staking rewards.
3. Gain: Yield Vault & Airdrop Farming Engine: Gain's Yield Vault & Airdrop Farming Engine automates yield optimization and airdrop farming for users.
Step 2: How to Use Kelp
1. Go to the KernelDAO website and navigate to the Kelp section.
2. Connect your wallet (e.g., MetaMask) to the platform.
3. Stake your ETH to receive Kelp's Liquid Restaking Token (LRT).
4. Use your LRT to participate in DeFi applications and earn rewards.
Step 3: Understanding Gain Vaults
1. Navigate to the Gain section on the KernelDAO website.
2. Choose a vault that suits your investment goals.
3. Deposit your assets into the vault to start earning yields.
4. Gain's Yield Vault & Airdrop Farming Engine will automate the process for you.
Step 4: Staking and Governance with $KERNEL
1. Buy $KERNEL tokens on a supported exchange.
2. Stake your $KERNEL tokens to participate in governance and earn rewards.
3. Vote on proposals to shape the future of KernelDAO.
By following these steps, you'll have a better understanding of KernelDAO's ecosystem and how to utilize its core products.