Kernel DAO, as a leading re-staking platform, officially releases its economic model for the unified token $KERNEL. $KERNEL offers extensive utility and disruptive potential in the re-staking space.
$KERNEL supports three core products in the staking value chain:
• Kelp rsETH: Providing liquidity re-staking, with a total locked amount of $1.9 billion
• Kernel: Providing re-staking infrastructure for BNB, BTC, and other yield-bearing assets, with an ecosystem built around over 25 projects and a total locked amount exceeding $50 million
• Kelp Gain: Automated tokenized treasury, with a total locked amount of $180 million
Kernel successfully launched on December 10, 2024, and currently boasts a thriving ecosystem covering over 25 projects, including LRTs, basic middleware, etc. Additionally, Kernel Points serve as an incentive mechanism for early supporters, further encouraging user activity and participation to ensure the continued growth and vibrancy of the ecosystem.
Community First: Bold tokenomics strategy
Our token distribution reflects a commitment to users. 60% of the $KERNEL tokens will be allocated to the community and ecosystem partners.
Community rewards and airdrops: 55%
• 20% of the total supply is allocated for airdrops
• 35% allocated for future rewards
Ecosystem and Partners: 5%
(including ecosystem partners, market makers, on-chain liquidity, etc.)
Private Sale: 20%
(including completed and future private sales)
Team and Advisors: 20*
* Tokens for the team and private sale will be released linearly over 24 months after a 6-month lock-up period.
The far-reaching impact of utility
The functionality of $KERNEL is being rolled out in two phases with far-reaching impacts:
Phase 1: Instant Benefits
• Governance voting to participate in important decisions
• Re-stake $KERNEL to provide shared economic security for Kernel ecosystem projects, while having the opportunity to receive airdrop rewards from ecosystem projects.
• Provide liquidity in automated market makers (AMM) to earn additional $KERNEL rewards
Phase 2: Shared Security
• Stake $KERNEL to provide insurance for rsETH (LRT) and Kernel against potential penalty events
• Use most of the protocol revenue for $KERNEL buyback
* This feature requires governance approval.
Rewarding early supporters: Detailed interpretation of the airdrop season
20% of the token supply is allocated for airdrops, providing generous rewards for early participation:
• Q1 (up to December 31, 2024): Allocate 10% of the total supply, with continued participation earning a 15% loyalty reward.
• Q2 (January 1, 2025 – April 30, 2025): Up to an additional 5% of the supply can be allocated, and re-staking before the 15th will receive additional rewards.
• Q3: More rewards to be announced, continuing the community-centric approach.
Participate in re-staking immediately:
• Re-stake on Kelp "here"
• Re-stake on Kernel "here"
Co-create the future
$KERNEL is a multifunctional and user-centric protocol managing the ecosystem of products such as Kernel re-staking, Kelp LRT, and Gain. The distribution of $KERNEL reflects our unwavering commitment to early supporters. Join us in building a more convenient and rewarding re-staking ecosystem.
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