Kelp DAO Announces KERNEL Token Economics: 20% of Total Supply to be Used for Airdrops
According to the news from Mars Finance, the Kelp DAO, an Ethereum liquidity re-pledging platform, has announced the KERNEL token economics. 55% will be allocated to community rewards and airdrops (20% for airdrops, 35% for future community rewards), 5% will be allocated to the ecosystem and partners, 20% will be used for private sales, and 20% will be allocated to the team and advisors. Additionally, 20% of the token airdrop will be distributed over 3 airdrop seasons. The first airdrop season (10% of the total supply) will have a snapshot date of December 31, 2024; the second airdrop season (5% of the total supply) will be from January 1, 2025, to April 30, 2025, with an additional 15% loyalty reward for re-pledging before January 15, 2025; the remaining 5% of the airdrop plan is pending.
