KernelDAO, a restaking protocol, has been listed on Binance Megadrop, a token launch platform that integrates Binance Simple Earn and Binance Wallet. This innovative protocol enables users to repurpose staked assets for higher yields, with a total value locked (TVL) of over $2 billion across 10 blockchains, including Ethereum and BNB Chain.
Key Details
Token Name : KernelDAO (KERNEL)
Max Token Supply : 1,000,000,000 KERNEL
Initial Circulating Supply : 162,317,496 KERNEL (16.23% of total supply)
Megadrop Token Rewards. 40,000,000 KERNEL (4.00% of total token supply)
How to Participate?
To participate in the KernelDAO Megadrop, users need to:
1. Lock BNB: Subscribe to BNB Locked Products on Binance Simple Earn.
2. Complete Web3 Quests: Accrue scores and obtain a score multiplier by completing designated Web3 Quests on the Binance App.
3. Create Binance Wallet: Register for a Binance account and create a Binance Wallet.
KernelDAO Ecosystem
KernelDAO powers three flagship products:
- Kernel: Restaking infrastructure on BNB Chain
- Kelp: Liquid Restaking Token (LRT) on Ethereum
- Gain: Tokenized rewards program