1. Project Overview

KernelDAO is a restaking ecosystem deployed on Ethereum and BNB Chain, offering a suite of decentralized products aimed at maximizing the utility of staked assets such as ETH, BTC, and BNB. By enabling shared economic security and automated reward generation, it enhances network security, liquidity, and user rewards.

KernelDAO is composed of three core products:

  • Kernel (BNB Chain): Shared security infrastructure for restaked assets like BNB and BTC.

  • Kelp (rsETH): Liquid restaking protocol on Ethereum that provides instant liquidity and enhanced rewards on ETH-based restaked assets.

  • Gain: Automated, non-custodial vaults offering access to airdrops, points, and DeFi rewards strategies.

2. Token Information

  • Token Name: $KERNEL

  • Token Type: ERC-20

  • Initial Supply (upon Binance listing): 162,317,496 (16.23% of total supply)

  • Total Supply: 1,000,000,000

  • Maximum Supply: 1,000,000,000

Binance Megadrop Allocation

  • Megadrop Allocation: 80,000,000 (8.00% of total supply)

  • Unlock Schedule:

    • 50% at TGE (Token Generation Event)

    • 50% after 6 monthn

  • Megadrop Start Date: April 8, 2025

3. Project Highlights

Kernel

  • Core shared security infrastructure on BNB Chain

  • Accepts BNB, BTC, and other yield-bearing tokens

  • Over $630M+ TVL

  • Supports 30+ protocols (25+ middleware, 5+ liquid restaking protocols)

Kelp (rsETH)

  • $1.2B+ TVL, making it one of Ethereum’s leading Liquid Restaking Tokens

  • Collaborates with 150+ DeFi partners including Aave, Spark, Morpho, Compound, Balancer, and more

  • Deployed on 10+ L2 networks

Gain

  • Offers automated vaults that optimize for airdrops, yield farming, and point farming

  • $130M+ TVL

  • Supports agETH (Airdrop Gain ETH) and hgETH (High Growth ETH) vaults

  • ~15,000 users using 4 major vault strategies

4. Token Utility

Staking

  • Shared Security: Restaked $KERNEL can be used as economic security for Kernel and Eigenlayer applications

  • Slashing Insurance: Staked $KERNEL can provide insurance coverage against slashing events

Governance

  • $KERNEL holders have voting rights in protocol governance decisions

Airdrops

  • Kernel ecosystem partners may airdrop governance tokens to $KERNEL holders and stakers