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KernelDAO Overview
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About KernelDAO
KERNEL is the native utility and governance token of the KernelDAO ecosystem. It serves several key roles:
- Restaking Security: KERNEL can be staked to provide economic security for applications built on Kernel, and to underwrite slashing insurance for restaked assets such as rsETH.
- Governance: Token holders can participate in protocol governance across all KernelDAO products, including voting on protocol upgrades, operator parameters, platform fees, and risk configurations.
- Incentives: KERNEL staking also enables users to earn a share of protocol rewards in return for participating in network governance and risk coverage.
The token is intended to unify the ecosystem's incentive mechanisms and governance framework across its restaking, liquidity, and vault-based components.
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Learn About KernelDAO
Does Fogo Belong in a Multi-Chain Portfolio Strategy?
When thinking about putting money into a new multi-chain token, investors usually look at things like its market cap, where it's listed, who's on the team, and how active its community is. These factors really help them decide how much to invest. You can trade the token on Binance, OKX, and Bybit. CMS Holdings and others have invested $13.5 million in it. The project is focused on the busy Layer 1 blockchain space, which has seen a jump in money coming in recently. Also, the Fogo network started with about 10 dApps right away, which isn't common for new chains.
KernelDAO Market Data
The live KernelDAO price today is $0.09 USD with a 24-hour trading volume of $1,915,019.85 USD. We update our KERNEL to USD price in real-time. KernelDAO is down 4.86% in the last 24 hours.
The current market cap is $26,664,973.37 USD, ranking #459 by market capitalization. The circulating supply is 286,308,020 KERNEL out of a max supply of 1,000,000,000 KERNEL.