Kernel aims to become the global leader in restaking, empowering a network of decentralized applications (dApps) with shared decentralized economic security and maximizing value creation for restakers worldwide. Restaking has gained significant traction within the Ethereum ecosystem, but there remains a vast opportunity across other L1s. Kernel seeks to fill this gap by providing restaking infrastructure to support these ecosystems, starting with BNB Chain.
Kernel will first launch on BNB Chain using BNB Liquid Staking Tokens (LSTs) and restaked BNB as economic security to support DeFi innovation on BNB Chain. Plans for expansion include incorporating BTC and its derivatives as restaked economic security. Over 20 decentralized applications (dApps), including decentralized AI coprocessor, Mira, and ZK proof aggregation protocol, Electron, are going to leverage Kernel’s economic security. Several LSTs and LRTs including ListaDAO, Solv, and YieldNest, are working with Kernel to bring more utility to restaked assets. Over time, Kernel plans to expand to additional L1s, providing robust economic security and a foundation for the growth of innovative applications on Kernel
Kernel integrates native and liquid staking tokens across BNB, BTC, other yield bearing assets to improve their utility and capital efficiency. By creating a shared economic security ecosystem, Kernel enables developers to bootstrap projects more efficiently while offering users new opportunities to maximize the utility of their assets. These innovations reduce barriers for protocols and foster a developer-friendly environment, driving the growth of innovative restaking and DeFi applications. Kernel aims to provide a secure and scalable foundation for developers to build and grow their projects efficiently.
“Kernel exemplifies the type of innovative project that aligns with Binance Labs’ mission to bring more users onto Web3 by supporting meaningful technology and advancing the ecosystem,” said Alex Odagiu, Investment Director at Binance Labs. “By leveraging restaking solutions, Kernel is driving greater utility and scalability for BNB-based assets while laying the groundwork for a more resilient and developer-friendly restaking and DeFi landscape.”
“We are thrilled to have the support of Binance Labs to bring the vision of restaking to life across Web3. Their backing has been instrumental in helping Kernel build the foundation for a more secure, scalable, and utility-rich restaking and DeFi ecosystem on BNB Chain,” said Amitej G., Co-Founder of Kernel. “We’re not just growing the restaking space, we’re unlocking new dimensions of utility and resilience for BNB-based assets. This is just the beginning, and we’re thrilled to continue pushing the envelope on restaking on BNB Chain and beyond.”
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