What is KernelDAO?
Kernel DAO is a restaking protocol on the BNB Chain, aimed at enhancing the security and utility of staked assets.
🔑 By restaking various assets in KernelDAO, users can earn rewards in BTC, ETH, and BNB.
🔑 Uses over 10 Blockchain Networks like BNB Chain, Ethereum, Arbitrum, Optimism, and others.
🔑 With a Total Value Locked (TVL) of $1.83 billion
🔑 The total number of users on this platform has reached over 300,000.
🔑 Total Funds Raised: $10 Million. Institutional Support: YZi Labs, Laser Digital (Nomura), Cypher Capital, SCB Limited, Hypersphere Ventures, Levitate Labs, Bankless VC
🔑 Has many partners from various backgrounds, including HTX Ventures, DODOChain, Skate, Xterio.
KernelDAO Products
KernelDAO has 3 main products: Kernel, Kelp, and Gain.
1. Kernel (Restaking on BNB Chain)
🧩 Leading restaking protocol on BNB Chain, reaching over $660 million in TVL
🧩 A growing ecosystem with 30+ protocols (25 m+ middleware, 5+ Liquid restaking protocols) like AutoLayer, YieldNest, router, 0xBridge, Bedrock, Astherus
🧩 Binance Launchpool rewards for BNB restaked through asBNB
2. Kelp Liquid Restaking (rsETH)
🧩 The 2nd largest LRT on ETH, with 600k+ ETH deposited with a TVL of $1.8 billion.
🧩 Get additional results on 50+ DeFi platforms including Aave, Morpho, Compound, Fluid, Balancer, etc.
🧩 Restake from 10+ Layer 2 and save gas fees
3. Gain (Automated rewards farming)
🧩 Automated vaults on Ethereum with a TVL of over $150 million.
🧩 Get additional rewards on Pendle, Balancer, Morpho, etc.
🧩 Tokenised Vaults with 4 specially designed 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 top DeFi strategies, managed by strategy experts)
Grizzly Gain (Participation in the Boyco Berachain program)
Move Gain (rewards from Cornucopia Movement Labs).
Tokenomics
Token Name: $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 the governance token and utility token within the KernelDAO ecosystem, which has the following functions;
• Governance:
Holders of $KERNEL can actively participate in governance decision-making processes including protocol upgrades, fund allocations, 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.
$KERNEL IN BINANCE MEGADROP
🔑 KernelDAO ($KERNEL) is featured in Binance Megadrop as the 4th project.
🔑 With this Megadrop on Binance, users can get $KERNEL tokens earlier before listing by completing tasks from Binance Megadrop.
🔑 How to participate in Binance Megadrop;
1. Must have a verified Binance account.
🔗 Register a Binance account for a 10% trade fee discount using code FEY60
2. Then open the Megadrop feature in the Binance Apps.
To participate in this Megadrop, there are 2 tasks to complete;
▶️ Stake BNB in Simple Earn (15 Days, 30 Days, 60 Days, 90 Days, or 120 Days)
▶️ Complete Web3 Quests, have at least one active Binance Wallet
Note: A minimum of 0.002 BNB is required for gas fees
Megadrop Period: Starts on April 8, 2025