Kernel DAO, as a leading re-staking platform, officially releases the economic model of its 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 for 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 now has a thriving ecosystem covering over 25 projects, including LRTs, fundamental middleware, and more. Additionally, Kernel Points serve as an incentive mechanism for early supporters, further encouraging user activity and participation, ensuring the continuous growth and vitality of the ecosystem.
Community first: Bold tokenomics strategy
Our token distribution reflects our commitment to users. 60% of $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
$KERNEL's features are being rolled out in two phases with far-reaching impacts:
Phase 1: Instant rights
• Governance voting to participate in important decisions
• Re-stake $KERNEL to provide shared economic security for Kernel ecosystem projects, with 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 forfeiture events
• Use most of the protocol revenue for $KERNEL buybacks
* This feature requires governance approval.
Rewards for early supporters: Detailed interpretation of the airdrop season
20% of the token supply is allocated for airdrops, with users able to earn substantial rewards through 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): Allocate up to an additional 5% of the supply, with extra rewards for re-staking done before the 15th.
• Q3: More rewards will be announced, continuing the community-centric philosophy.
Participate in re-staking immediately:
• Re-stake on Kelp 'here'
• Re-stake on Kernel 'here'
Co-creating the future
$KERNEL is a multifunctional and user-centric protocol that manages 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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