Based on the BNB Chain, the re-staking protocol Kernel announced that it has received investment from Binance Labs, further solidifying Kernel's important position as a core staking infrastructure for the BNB Chain.
Author: Kernel
On November 25, 2024, the re-staking protocol Kernel built on the BNB Chain announced that it has received investment from Binance Labs, further solidifying Kernel's important position as a core staking infrastructure for the BNB Chain.
At the same time, Kernel aims to help BNB Chain build a decentralized and scalable trust foundation, empowering dApps, middleware, and the entire crypto ecosystem. The support from Binance Labs will also drive BNB Chain to achieve a significant leap in transforming its economic security into programmable trust.
Currently, Kernel has raised a total of $10 million in funding, with supporters including SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Draper Dragon, DACM, CYPHER, ArkStream Capital, HTX Ventures, Avid VC, GSR, Cluster Capital, Longhash Ventures, Via BTC, Side Door Ventures, NOIA, and DWF Labs.
Kernel is excited to continue working hand in hand with its supporters in the re-staking space and to explore the innovative boundaries of re-staking's future development together.
Beyond Ethereum
This round of re-staking has reshaped Ethereum, and Kernel aims to introduce this innovative mechanism to the BNB Chain to help establish a decentralized and scalable trust foundation, driving ecological innovation. With the support of Binance Labs, Kernel is leading the staking revolution in the BNB Chain and the broader crypto space.
Key Milestones
Since its launch, Kernel has achieved remarkable accomplishments in multiple areas:
Over $1 billion in TVL on Ethereum through Kelp & Gain
Integration with 10+ Layer 2 solutions for better scalability
Integration with 120+ DeFi projects to drive rapid growth
Over 300,000 unique addresses, showcasing the community's trust and adoption of the project
Kernel Ecosystem
As one of the three flagship products, Kernel, along with Kelp and Gain, forms the project's grand vision for DeFi development:
Kernel: A cross-chain re-staking solution on the BNB Chain, with the mainnet launching soon
Kelp: A liquidity re-staking solution on Ethereum, with rsETH having a high adoption rate
Gain: Tokenized yields from DeFi, CeDeFi, and real-world assets (RWA)
These three solutions work together to bring development opportunities worth hundreds of billions of dollars to re-staking, DeFi, CeDeFi, and RWA, providing inexhaustible momentum for the future development of the DeFi ecosystem.
$KERNEL Token Launching Soon
As an ecosystem token, $KERNEL will play a governance and incentive role in the three flagship products: Kelp, Kernel, and Gain, rewarding early supporters of the project and driving ecosystem development.
Welcome to Join Kernel
Kernel aims not only to build infrastructure but also to reshape trust. Whether you are an ordinary user, developer, or investor, you are invited to accept Kernel's invitation and become a participant and contributor at the forefront of Restaking and DeFi.
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