Binance has announced the launch of KernelDAO (KERNEL), its latest Megadrop project. The restaking protocol has already generated significant interest, with traders eagerly anticipating the KERNEL token’s listing on the exchange.
Starting April 9 at 00:00 UTC, users can participate in the event and earn rewards. Binance confirmed that it will be the first exchange to list the KERNEL token, offering its community exclusive early access to the new restaking project.
The KERNEL token will officially list on Binance on April 14 at 12:00 UTC. Five trading pairs will be available: KERNEL/USDT, KERNEL/BNB, KERNEL/USDC, KERNEL/FDUSD, and KERNEL/TRY. Binance will apply a Seed Tag to KERNEL to emphasize its high-risk, high-volatility nature as a new asset.
Details on the Token and Event
The event will run from April 9 to April 13, with KERNEL having a total supply of 1 billion tokens. Initially, 162.3 million tokens (16.23%) will be in circulation. Each user’s allocation is capped at 320,000 tokens. KernelDAO, built on BNB Chain, allows users to restake BNB, BTC, and other yield-bearing assets to earn rewards.
KernelDAO $KERNEL Megadrop is now open!
Subscribe to BNB locked products or complete Web3 quests to participate.
Join now 👉 https://t.co/wuVYwOxjPL pic.twitter.com/6PHARppJML
— Binance (@binance) April 8, 2025
Author
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
