Binance has introduced on its Megadrop program KernelDAO (DAO). Users need to lock their BNB on Binance Simple to be eligible for the KERNEL airdrop.
Token Listing Details
- Token name: KERNEL
- Megadrop Rewards: 40,000,000 KERNEL (4.00% of total supply)
- Total Token Supply: 1,000,000,000 KERNEL
- Circulating Supply: 162,317,496 KERNEL (16.23% of total supply)
KERNEL Airdrop allocation can be calculated by “Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus”
About KernelDAO
KernelDAO is a decentralized organization dedicated to developing restaking infrastructure on BNB Chain. By maximizing the utilization of staked assets like ETH, BTC, and BNB, it seeks to improve network security and liquidity while enabling users to get incentives.
As the governance and utility token, KernelDAO’s $KERNEL token gives its holders access to ecosystem incentives, network security, and decision-making capabilities. The idea has attracted a lot of interest, and in 2024, investors including YZI labs (ex Binance Labs) staged a private sale to raise $10 million.
Learn more: There Will be More BNB Chain Token Listed on Binance
