Exploring KernelDAO on #BinanceSquare! 🚀 This guide shows you how to interact with its innovative #MultichainRestaking ecosystem. Optimize your yields!

Step 1: Getting to Know KernelDAO

KernelDAO ($KERNEL) powers restaking on BNB Chain and Ethereum through:

Kernel (BNB Chain): Restake BNB, BTC, and more to secure DVNs.

Kelp (Ethereum): Earn rsETH (Liquid Restaking Token) when depositing ETH/LSTs, maintaining liquidity.

Gain (Ethereum): Automated vaults to maximize yield.

Step 2: Staking on Kernel (BNB Chain)

  • Go to the official KernelDAO dApp.

  • Connect your wallet (BNB Chain).

  • Select the "Kernel" section. Choose the asset (e.g., BNB) and enter the amount.

  • Approve and confirm the transaction in your wallet.

  • Done! Monitor your rewards.

Step 3: Using Kelp (Ethereum)

In the dApp, navigate to "Kelp" (Ethereum network).

  • Connect your wallet (Ethereum).

  • Select the asset to deposit (ETH, stETH). (Insert screenshot of the Kelp deposit form)

  • Enter the amount and confirm. You will receive rsETH.

  • Use rsETH in other DeFi networks for higher yield.

Step 4: Understanding Gain (Ethereum)

Go to the "Gain" section.

  • Explore the vaults (agETH for airdrops, hgETH for high yield).

  • Read the strategy and risks for each vault.

  • Select a vault, enter the amount, and deposit.

  • Approve and confirm the transaction.

  • Monitor your earnings.

#DeFi #Tutorial #Crypto #Ethereum #BNBChain #Kernel