Kernel DAO, as a leading restaking platform, has officially released the economic model of its unified token $KERNEL. $KERNEL provides extensive utility and disruptive potential in the restaking domain.

$KERNEL supports the three core products in the staking value chain:

• Kelp rsETH: Provides liquidity restaking, with a total locked value of $1.9 billion

• Kernel: Provides restaking infrastructure for BNB, BTC, and other yield assets, has built an ecosystem of 25+ projects, with a total locked value of over $50 million

• Kelp Gain: Automated tokenized treasury, with a total locked value of $180 million

Kernel successfully launched on December 10, 2024, and currently has a thriving ecosystem covering 25+ projects, including LRTs and core middleware. Additionally, Kernel Points as an early supporter reward mechanism further incentivizes user activity and participation, ensuring the continuous growth and vitality of the ecosystem.

Community-First: Bold Token Economics 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 for airdrops

• 35% allocated for future rewards

Ecosystem and Partners: 5%

(Including ecosystem partners, market makers, on-chain liquidity, etc.)

Private Sales: 20%

(Including completed and future private sales)

Team and Advisors: 20%*

*Team and private sale tokens will be subject to a 6-month lock-up period, followed by a 24-month linear vesting.

Profound Impact of Utility

The functionality of $KERNEL will be rolled out in two phases with far-reaching impact:

Phase 1: Instant Governance

• Participate in governance voting on critical decisions

• Restake $KERNEL to provide shared economic security for Kernel ecosystem projects, with the opportunity to receive airdrops from ecosystem projects

• Provide liquidity in Automated Market Makers (AMMs) to earn additional $KERNEL rewards

Phase 2: Shared Security

• Stake $KERNEL to provide insurance for rsETH (LRT) and Kernel, protecting against potential slashing events

• Use the majority of protocol revenue to buy back $KERNEL

*This functionality requires governance approval.

Rewarding Early Supporters: Detailed Airdrop Seasons

20% of the token supply is allocated for airdrops, allowing users to earn generous rewards through early participation:

• Season 1 (until December 31, 2024): 10% of the total supply, with a 15% loyalty bonus for continuous participation.

• Season 2 (January 1, 2025 - April 30, 2025): Up to an additional 5% of the supply, with extra rewards for restaking within 15 days.

• Season 3: More rewards to be announced, continuing the community-centric approach.

Start restaking now:

• Restake on Kelp here

• Restake on Kernel here

Co-creating the Future

$KERNEL is a multi-functional, user-centric protocol that manages the ecosystem of Kernel restaking, Kelp LRT, and Gain products. The $KERNEL distribution reflects our unwavering commitment to early supporters. Join us in building a more convenient and rewarding restaking ecosystem.

Join our community: Discord, Telegram or Twitter for the latest updates.

Welcome to the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Twitter Official Account: https://twitter.com/BlockBeatsAsia