What is KernelDAO?
Kernel DAO is a restaking protocol on the BNB Chain, which aims to increase the security and utility of staked assets.
🔑 By restaking various assets in KernelDAO you can get rewards in the form of BTC, ETH and BNB.
🔑 Using more than 10 Blockchain Networks such as BNB Chain, Ethereum, Arbitrum, Optimism and others.
🔑 With a Total Value Locked (TVL) of $1.83 billion
🔑 The total number of users of this platform has reached more than 300 thousand users.
🔑 Total Funds Raised $10 Million. Institutional Support: YZi Labs, Laser Digital (Nomura), Cypher Capital, SCB Limited, Hypersphere Ventures, Levitate Labs, Bankless VC
🔑 Have many partners from various backgrounds, including HTX Ventures, DODOChain, Skate, Xterio.
KernelDAO Products
KernelDAO has 3 main products namely; Kernel, Kelp, and Gain.
1. Kernel (BNB Chain reselection)
🧩 Leading restaking protocol on BNB Chain, reaching $660M+ TVL
🧩 Growing ecosystem with 30+ protocols (25 m+ middleware, 5+ Liquid restaking protocols) such as AutoLayer, YieldNest, router, 0xBridge, Bedrock, Astherus
🧩 Binance Launchpool rewards for BNB re-staked via asBNB
2. Kelp Liquid Restaking (rsETH)
🧩 2nd largest LRT on ETH, has 600k+ ETH deposited with a TVL of $1.8B.
🧩 Earn extra yield on 50+ DeFi platforms including Aave, Morpho, Compound, Fluid, Balancer, etc.
🧩 Retake from 10+ Layer 2 and save gas fee
3. Gain (Automated rewards farming)
🧩 Automated vaults on Ethereum with $150M+ TVL.
🧩 Earn additional rewards in Pendle, Balancer, Morpho, etc.
🧩 Tokenised Vaults with 4 custom-built strategies.
Airdrop Gain (access to collect airdrops and earn rewards from L2, DeFi protocols, Kelp, and Eigen Layer.
High Gain (ETH rewards optimized by leveraging leading DeFi strategies, managed by strategists)
Grizzly Gain (Participation in the Boyco Berachain program)
Move Gain (Cornucopia Movement Labs award).
Tokenomics
Nama Token : $KERNEL
Total Supply : 1.000.000.000 KERNEL
Circulating Supply : 162.317.496 KERNEL
Token Distribution :
• Community Rewards & Airdrops (55%)
• Ecosystem Partners (5%)
• Private Sale (20%)
• Team & Advisors (20%)
$KERNEL is a governance token and utility token in the KernelDAO ecosystem, which has the following functions;
• Governance:
$KERNEL holders can actively participate in the governance decision-making process including protocol upgrades, fund allocation, and new partnerships.
• Restaking :
Users can restake $KERNEL to provide shared economic security for the Kernel ecosystem, middleware, and decentralized applications.
• Rewards :
Token holders can earn staking rewards from protocol and middleware partners.
$KERNEL ON BINANCE MEGADROP
🔑 KernelDAO ($KERNEL) is on Binance Megadrop as the 4th project.
🔑 With Megadrop on Binance, users can get $KERNEL tokens earlier before listing by completing tasks from Binance Megadrop.
🔑 How to join Binance Megadrop;
1. Must have a verified Binance account.
🔗 Register Binance Account 10% discount on trading fees using code KRB16V29
2. Continue by opening the Megadrop feature in Binance Apps.
To participate in this Megadrop there are 2 tasks that must be completed;
▶️ Staking BNB on Simple Earn (15 Days, 30 Days, 60 Days, 90 Days, or 120 Days)
▶️ Complete Web3 Quests, have at least one active Binance Wallet
Note: There must be a minimum of 0.002 BNB for gas fees.
Megadrop Period: Starts April 8, 2025