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Cryptocurrency News Articles

KernelDAO Will Release Its Long-Awaited $KERNEL Token in March 2025

Mar 10, 2025 at 01:59 am

KernelDAO will release its long-awaited $KERNEL token in March 2025, a significant achievement for the BNB Chain’s restaking ecosystem.

KernelDAO Will Release Its Long-Awaited $KERNEL Token in March 2025

March 2025 will see the release of KernelDAO’s long-awaited $KERNEL token on BNB Chain, a significant step in the development of the BNB Chain's modularized ecosystem and a key part of the chain's broader strategy to expand decentralized validation.

The token launch culminates months of persistent effort by KernelDAO, a project funded by Binance Labs and focused on creating a decentralized and liquid ecosystem for efficient value locking. The project, which includes the flagship products Kernel, Kelp, and Gain, has managed to acquire over $2 billion of total value locked (TVL) in just three platforms.

Together, these platforms are concentrating the restaking market, offering solutions for decentralized validation, liquid restaking, and tokenized vaults. Kernel, BNB Chain’s underlying decentralized validation technology, already has a TVL of $450 million and is currently underpinning over 20 decentralized validation networks (DVNs).

Furthermore, as 45 other projects onboard onto KernelDAO’s $40 million ecosystem fund, they will accelerate network growth. The fund, which was sponsored by Binance Labs, Laser Digital, SCB Limited, and Cypher Capital, aims to enhance security and utility on the BNB Chain. The fund also introduces shared restaking infrastructure to strengthen the ecosystem.

KernelDAO Is Launching Its $KERNEL Token

The $KERNEL token will play a pivotal role in KernelDAO's unique staking and governance model. Token holders can choose to stake their tokens in order to act as security measurers, offering slashing insurance and earning rewards from protocol transactions. In addition to this, the token also provides governance privilege to holders, allowing users to influence fee models, drive protocol upgrades, and ultimately decide on network expansion strategies.

Major ecosystem projects like Mira and YieldNest have already allocated a percentage of their token supply to $KERNEL holders, thus signaling the token’s importance in the overall DeFi ecosystem.

The token distribution system is designed for long-term sustainability, with 55% of the total supply being allocated to the community. The tokens will be distributed to initial users over three seasons. The remaining tokens will also go to the community, while the team allocation will vest over 30 months, ensuring alignment with long-term protocol development.

The launch of $KERNEL should enhance the BNB Chain's security infrastructure as well as push adoption. By innovating in new classes of blockchains and use cases, multi-chain and infrastructure is positioning itself to be one of the principal propellers of decentralized validation in the future.

As the leading restaking infrastructure provider for the BNB Chain and a dominant player in Ethereum’s liquid restaking market, KernelDAO is strengthening its position. It is positioning KERNEL as a DeFi foundation token. The upcoming token launch, which combines governance, security, and liquidity rewards, is a landmark in restaking technology.

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Other articles published on Mar 10, 2025