Overview
$KERNEL is the unified governance token across KernelDAO's ecosystem of products, including Kelp LRT, Kernel Restaking Infrastructure, and Gain. The token is designed with a community-first approach, emphasizing user empowerment and long-term protocol sustainability. Total and maximum supply of $KERNEL is 1,000,000,000 (1 Billion).
Token Distribution
Total token distribution is structured to prioritise community involvement and sustainable growth:
Distribution Breakdown
Community Rewards & Airdrops (55%)
Airdrops: 20% of total supply
Future Rewards: 35% of total supply
Private Sale (20%)
Includes completed and future private sale allocations
Subject to 18-month vesting after 12-month lock-up post TGE
Team & Advisors (20%)
Subject to 36-month vesting after 12-month lock-up post TGE
Ecosystem & Partners (5%)
Allocated for ecosystem partners, market makers, and onchain liquidity
Token Utility
Launch Utilities
Governance Rights
Participate in key decisions across all three products
Vote on protocol parameters and upgrades
Restaking Capabilities
Provide shared economic security for ecosystem projects
Support middleware and applications within the ecosystem
Liquidity Provision
Earn additional rewards by providing liquidity on AMMs
Access to liquidity mining programs
Ecosystem Participation
Eligibility for potential airdrops from ecosystem projects
Access to restaking rewards from middleware and DeFi protocols