Binance Announces Listing of KernelDAO (KERNEL) on Megadrop Platform

Binance has announced the upcoming listing of KernelDAO (KERNEL) as the fourth project on its Megadrop platform. The KERNEL Megadrop will commence on April 9, 2025, at 00:00 UTC, allowing users to participate in the restaking protocol that powers Kernel, Kelp, and Gain. Trading for KERNEL will open on April 14, 2025, at 12:00 UTC, with pairs including KERNEL/USDT, KERNEL/BNB, KERNEL/USDC, KERNEL/FDUSD, and KERNEL/TRY.

The Megadrop period will run from April 9 to April 13, 2025. During this time, users can maximize their Locked BNB Scores by subscribing to BNB Locked Products before the start of the Megadrop. Hourly snapshots of users’ subscription amounts will be taken to calculate the Locked BNB Score, which contributes to the total rewards calculation.

Participation and Reward Details

To participate in the Web3 Quest, users must transfer and stake a minimum amount of BNB or asBNB on KernelDAO. The Web3 Quest period concludes on April 14, 2025, at 06:00 UTC. Rewards from the Megadrop will be distributed to users’ Binance Spot Accounts based on their total scores, which are calculated using a combination of Locked BNB Scores and Web3 Quest multipliers.

The total token supply for KernelDAO is set at 1 billion KERNEL, with 40 million tokens allocated as Megadrop rewards. An additional 40 million KERNEL will be used for future marketing campaigns. The initial circulating supply upon listing will be approximately 162.3 million KERNEL.

Eligibility and Regional Restrictions

Participation in the KERNEL Megadrop requires account verification in eligible jurisdictions. Certain regions, including the United States, Canada, and several others, are excluded from participating in the Megadrop due to regulatory restrictions. Binance has emphasized the importance of conducting personal research to ensure the safety of funds, as any claims to offer the token before the official listing date are considered false advertising.

For more detailed information on the KERNEL Megadrop and participation guidelines, users can refer to the official announcement here.

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