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KernelDAO Token Launch Preparation: $KERNEL Will Be Live Soon on Binance

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Updated by Dmitriy Maiorov
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KernelDAO is a leading restaking ecosystem with over $2 billion in Total Value Locked (TVL), operating across 10+ chains. The ecosystem includes Kelp, a top liquid restaking protocol on Ethereum; Kernel, BNB Chain restaking infrastructure integrated with 20+ projects; and Gain, a rewards program offering access to top airdrops and high-yield opportunities.

Currently, KernelDAO is reaching a major milestone with the announcement of the Token Generation Event (TGE) of its native token, $KERNEL, and its listing on Binance on April 14th. Additionally, 4% of the total token supply is allocated for the Binance Megadrop.

About Binance Megadrop

Binance Megadrop is a new token launch platform where users can receive airdrops of new tokens before they are listed on Binance by temporarily locking BNB in Simple Earn Locked Products (the longer the subscription period, the higher the rewards). Additionally, Binance Megadrop allows users to earn airdrops of new tokens by completing Web3 Quests using Binance Wallet. Access to Binance Megadrop is available via the Binance mobile app.

$KERNEL is the fourth project introduced through Binance Megadrop and, like other tokens, will be listed with strong liquidity across multiple trading pairs. Following the listing on April 14, the project will benefit from extensive support within the Binance ecosystem. In addition to the 4% of the total $KERNEL supply allocated for the Binance HODLer Airdrop, another 4% will be allocated to Binance marketing campaigns, to be distributed six months after the spot listing.

About $KERNEL:

$KERNEL is the governance and utility token that connects its suite of products—Kelp LRT, Kernel Infrastructure, and Gain. Additionally, the token offers various other utilities, such as the ability to restake $KERNEL and provide rewards to holders from partner protocols and middleware.

Key Details

  • Token: $KERNEL
  • Circulating Supply When Listed on Binance: 162,317,496 (16.23% of total token supply)
  • Total and Max Token Supply: 1,000,000,000 KERNEL
  • Binance HODLer Airdrop Allocation: 40,000,000 KERNEL (4.00% of total token supply)
  • Binance Marketing Campaigns: 40,000,000 KERNEL (4.00% of total token supply)

Tokenomics

  • Community & Ecosystem Partners: 60% $KERNEL
  • Private Sale (for completed and upcoming strategic sales): 20% $KERNEL
  • Team & Advisors: 20% $KERNEL
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Dmitriy Maiorov
Dmitriy entered the crypto world in late 2022, driven by his passion for emerging technologies and the transformative potential of blockchain. With a strong background in project management across various industries, Dmitriy sought to apply his skills to the dynamic and rapidly evolving Web3 space. His experience spans several roles at BeInCrypto, where he has focused on digital marketing, SEO, and project management, particularly within the context of the crypto and finance sectors.
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