The token distribution of $KERNEL reflects its community-first approach. The KERNEL token has a maximum supply of 1,000,000,000 KERNEL tokens. At listing, KERNEL will launch with an initial circulating supply of 162,317,496 KERNEL. The distribution breakdown is as follows:
Community Rewards & Airdrops (55%): 20% of the total supply is reserved for airdrops and 35% for future rewards.
Private Sale (20%): This includes completed and future private sale allocations. Private sales of $KERNEL are subject to 24-month vesting after a 6-month lock-up post-TGE (token generation event).
Team & Advisors (20%)
Ecosystem & Partners (5%)
Kernel DAO Fundings
In 2024, Kernel DAO announced the successful completion of a private sale round where it raised $10 million. The first Kernel funding round was led by Binance Labs, SCB Limited, and Laser Digital.
The Kernel funding round also saw participation from 17 capital funds, 10 angel investors, and community figures. In addition, the protocol has also established a $40 million ecosystem fund aimed at expanding and supporting the BNB Chain's restaking infrastructure.
