Binance has announced its 4th project on the Megadrop platform – KernelDAO (KERNEL), a restaking protocol supporting Kernel, Kelp, and Gain, opening up new opportunities for the Web3 ecosystem.
The Megadrop of KernelDAO is now open, allowing users to participate by locking BNB in BNB Locked Products or completing Web3 tasks to receive airdrop rewards.
The maximum total supply of KERNEL is 1 billion tokens, of which 40 million KERNEL is allocated for this Megadrop. Additionally, another 40 million KERNEL will be used for marketing campaigns in the next 6 months. At the time of launch, the initial circulating supply is 162,317,496 KERNEL.
Users can participate in Megadrop through two methods: locking BNB to accumulate points (the higher the points, the greater the rewards) or completing Web3 tasks on Binance Wallet to earn additional reward points.
Snapshots of BNB balances and Web3 tasks will be taken daily throughout the duration of the Megadrop.
KernelDAO aims to optimize benefits for users in the Web3 ecosystem through restaking, allowing the reuse of staked assets to increase profits. This project is expected to bring new value to the blockchain community.
Binance encourages users to join early to take advantage of the opportunity to receive airdrops, while noting that products and services may not be available in some regions due to legal restrictions.
To participate, users need to have a Binance account and follow the instructions on the platform. Register for a Binance exchange account here to receive maximum benefits.
Details about the snapshot, token listing, and Web3 tasks will be announced by Binance in the coming time.
This is an exciting opportunity for those who want to explore the potential of KernelDAO and receive rewards from the Megadrop.