KernelDAO, a re-staking ecosystem protocol supported by Binance Labs, announced that the KERNEL token will be officially launched on April 14. At present, the total locked value (TVL) of KernelDAOs three core products Kernel, Kelp and Gain has exceeded 2 billion US dollars, continuing to expand the security layer of BNB Chain and enhance the practicality of KERNEL in multi-chain networks. Many mainstream exchanges including Binance, Bitvavo, Gate, HTX, KuCoin, Kraken, LBank and MEXC have confirmed that they will list KERNEL, and more exchanges will join in the future.
BNB Chain security cornerstone promotes the accelerated development of re-staking
As one of the largest security layers on BNB Chain, Kernel has locked over $600 million and supports more than 20 decentralized verification networks. These verification networks use KernelDAOs re-staking infrastructure to enhance on-chain security and scalability. Currently, more than 45 new projects are planning to join, demonstrating the rapid expansion of re-staking and KernelDAOs determination to build long-term solutions for the DeFi community.
In addition, the KERNEL token attracted more than 1.7 million participants in the Binance Megadrop, setting a record for the highest participation in the events history.
Building the cornerstone of the BNB re-staking economic system
By unifying all re-staking innovations on a single token, KernelDAO formally establishes its position as the pillar of BNB Chain’s decentralized economic security. It is worth mentioning that Kelp has become the second largest liquid re-staking token in the Ethereum ecosystem, and Gain has achieved cross-chain interoperability of tokenized vaults between multiple chains. The launch of the KERNEL token marks a new era of on-chain security and composability.
KERNEL Token: Multiple Utilities Beyond Governance
KERNEL is deeply integrated into the KernelDAO ecosystem and has many core uses:
Shared security: Users can stake KERNEL to provide economic security for applications within the Kernel ecosystem;
Penalty insurance mechanism: The staked KERNEL can be used as insurance against penalty events and receive a share of the protocol rewards;
Governance voting rights: KERNEL holders can participate in the governance decisions of Kernel, Kelp and Gain, including protocol upgrades, fee structure and network expansion;
Liquidity Mining: Users can provide liquidity on AMM and earn additional rewards.
Currently, multiple protocol partners have recognized KERNELs value proposition. Mira (AI coprocessor) and YieldNest (liquidity re-staking platform) have promised to distribute 1 to 2% of their total tokens to KERNEL holders, setting a model for more integrated projects in the future. In addition, among the more than 25 ecological projects cooperating with KernelDAO, it is expected that more projects will adopt similar token distribution methods in the future.
Strategic support and $40 million ecological fund
In 2024, KernelDAO received $10 million in financing led by Binance Labs, Laser Digital, SCB Limited, and Hypersphere Ventures. On this basis, KernelDAO also launched a $40 million strategic ecosystem fund supported by Laser Digital, SCB Limited, Hypersphere Ventures, and Cypher Capital, aiming to support more than 45 projects that integrate Kernels re-staking solution. This funding will further expand KERNELs ecological influence and accelerate the development of BNB Chains broader DeFi ecosystem.
Token economic model and distribution ratio
KernelDAO’s token economic model is community-centric. The team plans to allocate 55% of the token supply to community users, including:
10% for the first season airdrop;
5% each for the second and third quarters;
The remaining 35% is used for community token incentives;
In addition, team tokens adopt a 30-month linear unlocking mechanism, and there will be no team shares available for sale in the initial launch to ensure the consistency of the incentive mechanism and promote sustainable growth of the ecosystem. This allocation mechanism also reflects KernelDAOs long-term commitment to decentralized governance.
About KernelDAO
KernelDAO is a re-staking protocol with a total TVL of over $2 billion. It has been deployed on more than 10 public chains including Ethereum, BNB Chain, Arbitrum, and Optimism, and is continuously expanding. Its three core products are:
Kernel: Re-staking infrastructure on BNB Chain;
Kelp LRT: Liquidity re-staking protocol on Ethereum;
Gain: A tokenized rewards platform that provides users with maximum benefits and convenient access to high-quality rewards and airdrops.
By empowering stakers, developers, and protocol parties, KernelDAO is committed to leading the next wave of re-staking innovation, allowing everyone to participate in the development of cutting-edge technologies and becoming the cornerstone of decentralized economic security.
