KernelDAO (KERNEL): Revolutionizing Blockchain Security Through Restaking
What is KernelDAO (KERNEL)?
KernelDAO (KERNEL) is a restaking protocol that allows staked assets to be used more than once, providing extra security to various blockchain services while generating higher returns for users. It turns traditional staking on its head by letting the same assets support multiple networks or services, a concept called "shared security."
Restaking is like giving your money a second job. Normally, when users stake their cryptocurrency (like ETH), it just helps secure one blockchain and earn incentives from that single network. KernelDAO lets those staked assets work harder. With restaking, they can secure multiple platforms without needing new capital.
Who Created KernelDAO (KERNEL)?
KernelDAO was co-founded by Amitej Gajjala and Dheeraj Borra. Prior to this venture, both played pivotal roles in Stader Labs, a platform managing over $1 billion in staked assets. Their combined experience in blockchain and technology has been instrumental in shaping KernelDAO's mission to revolutionize staking processes.
What VCs Back KernelDAO (KERNEL)?
The platform has garnered significant attention from major investors. Notably, Binance Labs has been a primary supporter, participating in KernelDAO's funding rounds. Other investors include Laser Digital by Nomura Group, SCB Limited, Hypersphere Ventures, and Bankless Ventures, among others.
How KernelDAO (KERNEL) Works
KernelDAO operates through three main products and one utility token, each targeting specific aspects of the staking ecosystem:
1. Kernel
This is the core infrastructure layer on the BNB Chain. It allows users to restake assets like BNB and BTC, providing enhanced security for various applications. By pooling resources, Kernel reduces the cost and complexity associated with traditional staking methods.
At the time of writing, Kernel has supported 25+ projects using Kernel, including Mira Network, ElectronZK, and 0xbridge. The product also attracted over $300 million in Total Value Locked (TVL) within weeks of launch.
2. Kelp LRT (rsETH)
Kelp offers a Liquid Restaking Token (rsETH) on the Ethereum network. This token provides users with immediate liquidity, enabling them to get returns while maintaining flexibility with their assets. Kelp has integrated with over 50 DeFi platforms, having around $2 billion in TVL (making it the second-largest liquid staking token on Ethereum) from 400,000+ unique restakers.
Kelp’s rsETH smart contracts also emphasize security. Deposits, withdrawals, and delegations are separated to reduce risk. It’s been audited by top firms like ChainSecurity and SigmaPrime.
3. Gain
Gain is a suite of non-custodial vaults that automate various yield strategies across DeFi and real-world assets (RWAs). It simplifies complex strategies, allowing users to maximize their yields through a single platform.
There are two main vaults:
● Airdrop Gain Vault (agETH): Earns rewards from premium airdrops and base staking. Reached $150 million TVL.
● High Gain Vault (hgETH): Professionally managed to get high risk-adjusted returns. Reached $40 million TVL in just a few weeks.
4. The KERNEL Token
Central to the KernelDAO ecosystem is the KERNEL token. With a total supply capped at 1 billion, this token serves multiple purposes:
● Governance: Token holders can participate in decision-making processes affecting the platform's future.
● Security: Staking KERNEL tokens contributes to the network's security, with mechanisms in place to handle potential slashing events.
● Rewards: Holders can earn a share of protocol rewards, incentivizing active participation in the ecosystem.
KERNEL Goes Live on Bitget
KernelDAO is a bold reimagining of blockchain security, liquidity, and capital efficiency. By building a unified restaking infrastructure that spans BNB Chain and Ethereum, KernelDAO empowers users, developers, and institutions with access to scalable security, automated yield, and instant liquidity. Its three flagship products — Kernel, Kelp LRT (rsETH), and Gain — cater to diverse user needs while remaining interconnected through a shared vision and a single, powerful utility token: KERNEL.
With strong early traction, nearly $2.5 billion in total value locked across its ecosystem, and support from major venture capital firms, KernelDAO is quickly becoming a foundational layer in the future of decentralized finance, real-world asset tokenization, and liquid restaking.
As the ecosystem grows, so does the utility and importance of the KERNEL token — the gateway to protocol governance, staking rewards, slashing insurance, and more. For those looking to participate in the next wave of restaking innovation, KERNEL is already available for trading on Bitget, offering an accessible entry point into this rapidly evolving ecosystem.
How to Trade KERNEL on Bitget
Listing time: April 14, 2025
Step 1: Go to KERNELUSDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell
For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading .
Trade KERNEL on Bitget now!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.
