Author: Kernel

On November 25, 2024, the restaking protocol Kernel, built on BNB Chain, announced the investment from Binance Labs, further solidifying Kernel's important position as the core staking infrastructure of BNB Chain.

At the same time, Kernel aims to help BNB Chain build a decentralized, scalable trust foundation and empower dApps, middleware, and the entire crypto ecosystem. The support from Binance Labs will also drive BNB Chain to make a huge leap in transforming its economic security into programmable trust.

Currently, Kernel has raised a total of $10 million in funding, with supporters including SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs.

Kernel is excited to continue working hand in hand with a group of supporters on the restaking track, and to continuously explore the innovative boundaries of the future development of restaking.

Beyond Ethereum

This round of restaking has reshaped Ethereum, and Kernel aims to introduce this innovative mechanism to the BNB Chain to help build a decentralized, scalable trust foundation and unleash ecological innovation. With the support of Binance Labs, Kernel is leading the staking revolution on the BNB Chain and in the wider crypto space.

Important Milestones

Since its launch, Kernel has achieved remarkable success in multiple areas:

  • Over $1 billion TVL on Ethereum through Kelp & Gain

  • Integrated with 10+ Layer2 solutions for better scalability

  • Integrated with 120+ DeFi projects to drive rapid growth

  • With over 300,000 unique addresses, fully demonstrating the community's trust and adoption of the project

Kernel Ecosystem

As one of the three flagship products, Kernel, along with Kelp and Gain, constitutes the project's grand vision for DeFi development:

  • Kernel: Cross-chain restaking solution on BNB Chain, mainnet launch coming soon

  • Kelp: Liquidity restaking solution on Ethereum, rsETH has a very high adoption rate

  • Gain: Tokenized returns for DeFi, CeDeFi, and real-world assets (RWA)

The three solutions work together to bring trillion-dollar development opportunities for restaking, DeFi, CeDeFi, and RWA, providing inexhaustible momentum for the future development of the DeFi ecosystem.

$KERNEL token is about to launch

As an ecosystem token, $KERNEL will play a governance and incentive role in the three flagship products: Kelp, Kernel, and Gain, to reward early supporters of the project and promote ecosystem development.

Welcome to join Kernel

Kernel aims not only to build infrastructure but also to reshape trust. Whether you are an ordinary user, developer, or investor, you are invited to accept Kernel's invitation and become a participant and contributor at the forefront of Restaking and DeFi.