Are you new to KernelDAO? Or are you looking for the best place to earn passive income with DeFi? The KernelDAO Gain vaults is a powerful tool that helps simplifies yield farming for beginners and pros alike! Gain vaults helps in automating complex DeFi strategies, helping you earn passive rewards on your crypto with minimal effort.

Follow me as i take you through this step-by-step guide to get started! 🚀

What exactly are Gain Vaults?

KernelDAO Gain vaults are non-custodial, automated yield vaults,that allows you deposit assets like ETH, rsETH, or stETH, which are then allocated across top DeFi platforms (e.g., AAVE, Compound, Elixir) to optimize returns. Gain has over $200M in total value locked (TVL), making DeFi accessible by handling the heavy lifting for you. 💸

Gain has two main vault types:

- agETH (Airdrop Gain): Focusing more on earning Layer 2 airdrops points plus staking rewards.

- hgETH (High Gain):Targeting higher, risk-adjusted returns through its advanced strategies.

What Makes Gain Vaults a better option?

Gain vaults in the KernelDAO ecosystem are an excellent option for DeFi yield, offering simplicity and efficiency. These are why Gain vaults are worth using:

- Effortless Yield Farming: Gain vaults automate interactions with platforms like AAVE or Compound therefore handling complex DeFi strategies for you,

- Cost-Effectiveness: The pooled deposits helps by keeping more profits in your pocket through minimizing Ethereum gas fees,

- Lucrative Rewards: you stand to earn attractive yields, KERNEL tokens, and even other Layer 2 airdrops.

- Security: Having been Audited by leading firms like Zellic, Sigma, and ChainSecurity for robust smart contract reliability, you are assured of your asset safety.

- User-Friendly: Gain vault has over $200M in TVL, and cater to both DeFi newcomers and experienced users.

Note: when using protocols like KernelDAO Gain vaults, always DYOR and Understand risks like smart contract issues, market fluctuations, and potential slashing.

Step-by-Step Guide to Using Gain Vaults

Flow with me as show you around the KernelDAO ecosystem with this ABC guide to depositing into Gain vaults and earning rewards! 🚀

Step 1: Download and set Up a Web3 Wallet

- Download and Install a Web3 wallet like MetaMask (https://metamask.io), trustwallet or Binance Wallet (via the Binance app) on your browser or mobile device.

- Switch Network: Set your wallet to Ethereum Mainnet (for Gain vaults).

Step 2: Purchase and deposit Supported Assets

- for you to use Gain vaults,You’ll need to deposit assets like ETH, rsETH, stETH, or other supported tokens.

- first thing first;

- Buy ETH on an exchange like Binance or you can buy using DEX like Uniswap, Balancer, Curve Finance or SushiSwap.

- For tokens like rsETH or stETH, use a liquid staking platform like Lido, Jito, Marinade Finance, Rocket Pool or Kelp (part of KernelDAO).

- Never forget to Start with a small amount to test the process, as Decentralised finance generally involves risks like smart contract bugs or market volatility.

Step 3: lets go ahead to Connect the Gain vaults dApp

- We will first Visit the Gain dApp to interact with the vaults.

- Go to (https://kerneldao.com) after which you navigate to the “Gain” section.

- Click “Connect Wallet” and approve the connection pop up in MetaMask, Binance Wallet or any other web3 wallet of your choice.

Step 4: Make a choice of Vault and Deposit

- You can choose to Select either the agETH or hgETH vault based on your target.

- Wondering how to do that?

- In the Gain dApp, scroll through available vaults.

- Choose agETH for airdrop-focused rewards or you choose hgETH for higher yields.

- Enter the amount of ETH (or other supported tokens) you wish to deposit.

- Approve the smart contract via the pop up (this may require two transactions: one will prompt you to approve, onother prompt to deposit).

Step 5: Now lets monitor and withdraw

- Track your rewards and withdraw when ready.

- Use the Gain dApp dashboard to view your deposited assets and earned rewards.

- Withdrawals typically settle in 2–4 days. Click “Withdraw” and follow the prompts.

Little tips for having a successful DeFi journey.

- Always start by testing with a small deposit to understand the process and risks.

- Stay in the loop by following KernelDAO’s official channels. X : @kernel_dao

- Understanding DeFi Risks to be aware of slashing risks, smart contract vulnerabilities, and market fluctuations.

Without doubt you are Ready to kickStart your journey.

Gain vaults make DeFi easy and rewarding all you need to do is to follow the steps laid out by Connecting your wallet, depositing, and letting KernelDAO’s automation do the work.

Don't forget to share your experience below, and let’s grow the KernelDAO community together! 💬

#KernelDAO #GainVaults #DeFi #BinanceSquare