Launching $KERNEL: The Unified Token of KernelDAO

KernelDAO has established itself as a leader in the restaking space with three innovative products and over $2B+ in total value locked (TVL):

• Kernel: BNB Chain's shared security layer with $660M+ TVL, supporting 30 ecosystem projects across AI, ZK, and Oracles with a growing ecosystem map.

• Kelp: Second-largest liquid restaking token on Ethereum with $2B TVL, ranking among the top 15 projects on Ethereum with 40+ DeFi integrations (Aave, Compound, Morpho)

• Gain: Tokenized yield vaults with $150M+ TVL designed to maximize rewards from airdrops and yield strategies

$KERNEL will serve as the unified governance and utility token across all three products, creating alignment throughout the ecosystem.

$KERNEL Distribution

KernelDAO's token distribution strategy puts community first with 55% allocated to Community airdrops, rewards etc.

$KERNEL Utility

$KERNEL is integrated across the KernelDAO ecosystem, providing utility in several key ways:

1. Shared Security: Users can stake $KERNEL to provide economic security for applications within the Kernel ecosystem.

2. Slashing Insurance: Staked $KERNEL can be used as insurance against potential slashing events, with stakers earning a share of protocol rewards.

3. Governance: Token holders can participate in governance decisions across Kernel, Kelp, and Gain, and shape key protocol changes.

4. Liquidity Provision: Users can provide liquidity on AMMs to earn additional rewards.

Additionally, holding & staking $KERNEL unlocks additional benefits from the KernelDAO ecosystem protocols. With $KERNEL staking launching on TGE, participants can earn Kernel Points that will be eligible for Season 2 rewards

Note:
Users who participated via Kelp, Gain, and/or Kernel will receive their allocation on Ethereum.
Users who participated via Kernel will receive their allocation on BNB Chain.

Unlock Schedule & Initial Circulating Supply

The $KERNEL Token Generation Event (TGE) is scheduled for the 14th of April, 2025. Circulating supply at TGE will be 16.23%. Unlock schedule for $KERNEL is as below.

Unlock schedules for various $KERNEL token buckets is as follows:

Check your eligibility for the Season 1 Airdrop at https://kerneldao.com/airdrop-checker.

Season 1 $KERNEL airdrop will be available to claim on 14th April 2025 at 11:00 AM UTC.