KernelDAO is a multi-chain restaking protocol designed to improve the efficiency of staked crypto assets. Instead of locking tokens such as ETH, BTC, or BNB in a single network, KernelDAO allows users to restake them across multiple blockchains, including Ethereum, BNB Chain, and several Layer 2 networks. This approach enhances capital utilization and offers the potential for increased rewards without sacrificing liquidity. By enabling cross-chain restaking, KernelDAO aims to provide users with greater flexibility while supporting the growth of decentralized finance (DeFi) ecosystems.
KernelDAO operates through three main products that collectively enable cross-chain staking and yield optimization. Kelp, its liquid restaking platform on Ethereum, lets users deposit ETH and receive rsETH, a liquid token usable across over 50 DeFi protocols. Kernel, the shared security layer on BNB Chain, allows users to restake assets like BNB and BTC to support protocol security while earning additional rewards. Gain, KernelDAO’s automated yield vault system, provides users with non-custodial vaults that optimize for airdrops and yield strategies across multiple blockchain networks. Together, these components create an infrastructure focused on liquidity, security, and capital efficiency.
KernelDAO was co-founded by Amitej Gajjala and Dheeraj Borra, experienced crypto entrepreneurs who also launched KelpDAO.
KERNEL, the native token of the KernelDAO ecosystem, is available on various exchanges. It has a total supply of 1 billion tokens.
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KernelDAO offers practical tools for cross-chain staking and yield generation, but it remains subject to typical crypto risks such as market volatility and smart contract vulnerabilities. New investors should conduct thorough research and assess their risk tolerance before considering any investment in KernelDAO.
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