Hasnain-AFSAR

$KERNEL TGE is set to happen on 14th April.

Many people are asking me for TGE price predictions, so I have made a tweet regarding that.

First of all, $KERNEL is the biggest liquid staking protocol on BNB Chain.

To understand its valuation, let's compare it with a few of Solana's liquid staking protocols.

Jito

TVL: $2.31 Billion

FDV: $1.76 Billion

Solayer

TVL: $105 Million

FDV: $1.78 Billion

@kernel_dao TVL is at $1.5B, which is almost 15x of Solayer and similar to Jito.

Both Solayer and Jito also got Binance listing, so we can compare them with KERNEL.

At launch, Jito had $500M in TVL and launched at $3B FDV.

Solayer had $300M in TVL and launched at $1.5B TVL

Given Kernel has $1.5B in TVL, it'll launch at least 2x the valuation of Solayer, given market conditions is not very ideal.

This'll give KERNEL FDV of $3B at launch and a token price of $3.

Reminder: This is my base case scenario and according to market conditions, things could change