What is mining $KERNEL ?
"Mining" here does not refer to traditional coin mining like Bitcoin, as $KERNEL does not use the Proof of Work (PoW) mechanism. Instead, $KERNEL is a governance and utility token in the KernelDAO ecosystem, distributed through activities such as restaking, participating in airdrops, or staking in KernelDAO's programs. KernelDAO supports restaking for major assets like ETH, BTC, and BNB, helping users optimize profits while maintaining liquidity.
1. Participate in Restaking on KernelDAO
2. Participate in Airdrop from KernelDAO
3. Buy and Stake Kernel to earn additional rewards
4. Join the community and governance
Notes when mining $KERNEL
• Technical risks: When participating in restaking or staking, you need to use a secure wallet and thoroughly research smart contracts. Technical errors can lead to asset loss [Web ID: 14].
• Price volatility: $KERNEL, like other cryptocurrency tokens, is affected by market sentiment. Prices can rise sharply but can also drop suddenly, especially if the crypto market faces a crisis [Web ID: 16].
• Legal: In Vietnam, cryptocurrency is not recognized as a legal payment method, but owning and mining it (in asset form) has not yet been banned. However, you need to be cautious of legal risks when trading.