KernelDAO Overview
KernelDAO is a multi-chain restaking suite with three flywheel products: Kernel (BNB Chain shared security), Kelp (Ethereum liquid restaking via rsETH), and Gain (auto-managed yield vaults issuing agETH/hgETH). The KERNEL token unifies governance, incentives, and security across the stack.
KernelDAO tackles fragmented security and under-utilized staked capital by letting the same economic collateral secure multiple services.
Core products include Kernel, Kelp, and Gain, each with unique features and benefits.
Tokenomics: 1 billion KERNEL supply, with 55% allocated to community rewards and airdrops.
Team: Co-founders Amitej Gajjala and Dheeraj Borra, with experience in staking and large-scale engineering.
Roadmap: Kernel operator/DVN build-out, Kelp rsETH expansion, and Gain vaults expanding beyond ETH.
Key risks
Smart-contract & restaking propagation risks (slashing/cascades, strategy risk).
Liquidity/market risk for rsETH, agETH, hgETH in stress.
Cross-chain operational complexity (BNB/ETH/L2s).
Mitigations noted by Kernel include audits/partners and staged rollouts, but position sizing and ongoing monitoring are essential.
