- KernelDAO joins Binance Megadrop, offering early access before official listing.
- Initial circulation will be 162 million KERNEL, making up 16.23% of the total supply.
- Users earn KERNEL by locking Binance Coin (BNB) and completing Web3 Quests on Binance.
Binance has revealed KernelDAO (KERNEL) as the fourth project on its Megadrop platform. KernelDAO is a restaking protocol that powers Kernel, Kelp, and Gain. The project aims to reshape the way users interact with restaking systems. Through Megadrop, Binance users will gain early access to KERNEL before its official listing.
KERNEL Token Distribution Plan
KernelDAO will offer 40 million KERNEL tokens as part of the Megadrop rewards. This equals 4% of the total supply of 1 billion tokens. Another 40 million tokens will be used for marketing campaigns six months after the spot listing. The initial circulating supply on Binance Spot will be just over 162 million tokens.
Binance plans to publish a full research report on KernelDAO within 24 hours. This will help users understand the project’s purpose and potential. KernelDAO’s inclusion in Megadrop highlights Binance’s commitment to supporting early-stage Web3 projects.
Megadrop combines Binance Simple Earn and Binance Wallet. Users complete tasks and commit their BNB to locked products to earn points. These points determine how many tokens each participant receives. Users must have an active Binance Wallet and complete identity verification to be eligible.
Megadrop Scoring System
The scoring system is based on two parts. First is the amount and duration of locked BNB. Second is a Web3 Quest Multiplier and bonus. The final score is calculated using both elements. Higher scores lead to more Megadrop rewards.
Participation is not open to everyone. Binance has listed countries that cannot take part in Megadrop. These include the United States, the United Kingdom, Russia, Canada, and others. The list is based on legal and regulatory factors. Binance may update it in the future.
Related: Major Token Unlocks Set to Shake Crypto Markets in April
To qualify for the Megadrop rewards, users need to complete the identification process and have a minimum of one active account. The users’ locked BNB products will be monitored frequently, and the monitoring will be done in intervals of an hour, where snapshots will be captured. The rewards will be updated on a daily basis depending on the kind of performance that the company records. In this regard, users are advised to follow all the guidelines laid down to enhance their chances of getting KERNEL.
The Megadrop platform allows you to own a piece of KernelDAO, which can be considered a promising project. It also demonstrates how far Binance has stepped up the learning engagement and the rewards that follow. In the future, some existing or new projects like Megadrop could alter the way tokens get to their users and incentivize engagement. KernelDAO may well be one of the most-watched tokens this season.
