• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Bnb adds strength to Chain! 40 million dollars of funds from Binance Labs supported Altcoin
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Altcoin News > Bnb adds strength to Chain! 40 million dollars of funds from Binance Labs supported Altcoin
Altcoin News

Bnb adds strength to Chain! 40 million dollars of funds from Binance Labs supported Altcoin

vitalclick
Last updated: April 10, 2025 10:09 pm
3 days ago
Share
SHARE

Binance Labs -backed Kerneldao announced the highly anticipated $ kernel token launch on April 14th. The Kerneldao ecosystem has a remarkable place in the crypto currency world with more than $ 2 billion assets under its management. Constructed with three basic products called Kernel, Kelp and Gain, the system aims to make users access both safe and efficient. $ Kernel Token will bring together many functions such as network safety, governance and liquidity and offer a versatile usage.

Kerneldao expands the security layer

Founded on BNB Chain, the kernel is currently one of the largest security infrastructure of the chain with its total value (TVL) with over $ 600 million. Kerneldao has a structure that works with the resting model and supported by more than 20 decentralized verification networks. While reinforcing the security of the network, these verifiers also make the chain more scalable.

More than 45 new projects are expected to be integrated into the Kerneldao ecosystem. This growth potential shows that the system is prepared not only for existing needs, but also for future use scenarios. Users will be able to achieve financial balance between applications by staging $ kernel tokens, and at the same time participating in governance decisions directly.

Fund Support and Token Economy

In 2024, Kerneldao, a $ 10 million investment tour, is now being commissioning a strategic ecosystem fund of $ 40 million. This fund will maintain a source to develop projects that will be directed to innovative projects and support the decentralized security layer on BNB Chain. The fact that Kerneldao is involved in the Binance Megadrop program also increases the confidence in the project.

According to tokenomics planning, 55 %of $ kernel supply will be presented to the public. There is a 10 %share in the first season distribution, while this rate will progress in the following seasons 5 %. Token allocated for the developer team will not be released at the launch; It will be locked for 30 months. This configuration aims to encourage long -term growth and make it more sustainable to manage decentralized management.

MULTIPLE Use and Partnerships

$ Kernel token can be used not only for network safety, but also in areas such as providing liquidity on automatic market -making (AMM) platforms. In this way, users will be able to have a say in critical processes such as protocol updates and wage planning while winning additional prizes. Token will also play an active role in risk management vehicles such as Slashing insurance.

Kerneldao works in cooperation with over 25 strategic partners in the sector. Projects such as Mira (AI Co-Processor) and Yieldnest have committed to allocating 1-2 %of token supply to $ kernel owners. This approach makes the token ownership from being an investment instrument, but makes an active role in the functioning of the protocol.

News Summary:
Kerneldao announced on April 14 that he will launch $ kernel Token. Providing security and scalability on BNB Chain, the kernel stands out with its resting infrastructure. The project is preparing to support innovative initiatives with a $ 40 million ecosystem fund.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

You Might Also Like

Shocking Decision from Binance! Delist Announcement Arrived for These 3 Altcoins!

HOT DEVELOPMENT: Solana giant comes from the inside.

How to Buy Catizen (CATI) with Turkish Lira?

LINK Coin Future: Leading Chainlink Development Activity

USDT Exceeds 1 Billion Dollars on TON Network

TAGGED:Altcoin
Share This Article
Facebook Twitter Email Print
Previous Article With Inflation Drops to 2.4%
Next Article Is crypto currencies over? April 10 market expert predictions
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?