Kernel Receives Investment from Binance Labs, Driving a New Chapter for BNB Chain! 🎉
Hello everyone, today we have an exciting announcement to share: Kernel has just received investment from Binance Labs, which undoubtedly marks an important step for us on the BNB Chain! This collaboration will help us transform the economic security of BNB into programmable trust, injecting new vitality into dApps, middleware, and the entire crypto ecosystem.
In the course of Kernel's development, we have raised $10 million through multiple funding rounds, thanks to the support of outstanding investors, including SCB Limited, Laser Digital, Bankless Ventures, and more. We are grateful for their trust, which gives us the opportunity to continue pushing the potential of Restaking to new boundaries.
**Beyond Ethereum, Innovation Continues**
Although Restaking has already achieved significant success on Ethereum, Kernel is bringing this innovation to the BNB Chain, committed to unlocking a decentralized and scalable trust system. With the support of Binance Labs, we are leading the development of Restaking on BNB Chain and other chains.
**Key Achievements**
Since our launch, we have achieved a series of remarkable accomplishments:
- Over $1 billion in TVL achieved on Ethereum through Kelp and Gain
- Integration with over 10 Layer-2 solutions to enhance scalability
- Integration with more than 120 DeFi projects, contributing to rapid ecosystem growth
- Over 300,000 unique addresses in use, demonstrating user trust and adoption rate
**Kernel Ecosystem**
Kernel is a vital part of a grand vision, driving the future development of DeFi through three flagship products:
1. **Kernel**: The cross-chain Restaking leader on BNB Chain, soon to launch mainnet
2. **Kelp**: Liquidity Restaking on Ethereum, with rsETH adoption rapidly increasing
3. **Gain**: Tokenizing yield in DeFi, CeDeFi, and Real World Assets (RWAs)
These solutions collectively unlock over $100 billion in potential market opportunities in the fields of Restaking, DeFi, CeDeFi, and RWAs.
**Official Launch of $KERNEL Token**
$KERNEL will unify the governance and incentive mechanisms of Kelp, Kernel, and Gain, rewarding early supporters while promoting the sustainable growth of the entire ecosystem.
Kernel is not just building infrastructure; it is reshaping trust. Whether you are a developer, a crypto enthusiast, or an institutional investor, this is your opportunity to participate in the next chapter of Restaking and DeFi. Feel free to share your thoughts in the comments and join us in exploring this exciting field!