KernelDAO, backed by Binance Labs, is set to release its $KERNEL token in March 2025, marking a major event in the BNB Chain restaking space. With over $2 billion in total value locked across its products, KernelDAO's infrastructure is a key player in the restaking market. Kernel, the largest restaking infrastructure on the BNB Chain, has attracted over 20 decentralized validation networks and plans to onboard 45 more projects. KernelDAO has received significant funding and has established a strategic ecosystem fund to guide projects towards integration. The $KERNEL token will serve as the governance and utility asset for KernelDAO, with various use cases including staking, governance, and liquidity provision. Leading protocols in the ecosystem have expressed interest in dedicating a portion of their token supply to $KERNEL holders. KernelDAO's token distribution strategy emphasizes community involvement. The launch of $KERNEL is considered a significant moment for the BNB Chain and the DeFi ecosystem, showcasing the potential for decentralized validation and restaking.
Content Editor ( thenewscrypto.com )
- 2025-03-08
BNB Chain’s Leading Restaking Platform—KernelDAO—Prepares for Its Own Token Launch
