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Home News Crypto

MEXC to List KernelDAO ($KERNEL) on April 14 with 135,000 USDT Prize Pool

10 April 2025
in Crypto, News
Reading Time: 3 mins read
108 4
source: morningstar.com

source: morningstar.com

MEXC has announced the upcoming listing of KernelDAO ($KERNEL) on April 14, 2025, reinforcing its commitment to offering early access to high-potential crypto projects.

This strategic move aligns with MEXC’s broader goal of diversifying its portfolio and exposing users to innovative blockchain ecosystems.

KernelDAO is a sophisticated restaking protocol focused on enhancing the security and utility of staked assets. It operates through three core products: Kernel, a foundational restaking layer supporting BTC, BNB, and yield-bearing assets; Kelp LRT, currently the second-largest liquid restaking solution on Ethereum; and Gain, a reward farming vault that merges tokenized strategies across both crypto and real-world assets. Backed by more than 2 billion USDT in total value locked (TVL), KernelDAO boasts support from industry giants such as Binance Labs, Laser Digital, SCB, Bankless Ventures, and DACM.

MEXC will launch an exclusive Airdrop+ Event to celebrate the listing from April 8 to April 18, 2025. The campaign includes a total prize pool of 135,000 USDT distributed through multiple activities. Users can deposit to share 60,000 USDT (new user exclusive), join a spot trading challenge to win a share of 15,000 USDT, compete in a futures challenge to access a 50,000 USDT bonus and refer new users to split 10,000 USDT.

Adding momentum to KernelDAO’s debut, Binance announced KERNEL as the fourth project to launch on its Megadrop platform. This initiative provides users with new opportunities to participate in decentralized finance (DeFi) through token staking and rewards. KernelDAO’s total token supply is 1 billion, with 40 million KERNEL reserved for Megadrop rewards. At launch, approximately 162 million tokens—16.23% of the total supply—will be in circulation, according to CoinMarketCap.This follows MEXC’s recent listing of Term Finance (TERM) on March 26, 2025, which included a 229,000 USDT prize pool, with a Launchpool event that provided 120,000 TERM tokens for users who staked specific cryptocurrencies.

 

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Tags: KernelDAOMEXC
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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