Kernel DAO Testnet

About Airdrop
Kernel DAO is a cutting-edge restaking protocol built on the BNB Chain, designed to redefine cryptoeconomic security. It introduces an innovative system where BNB token holders can amplify the utility of their assets through a restaking mechanism. Kernel empowers users who stake their BNB, either directly or via liquid staking tokens (LSTs) to commit these staked assets to Kernel’s smart contracts. This process allows users to extend their contributions to the security of multiple decentralized applications (dApps) on the network, while simultaneously unlocking new reward streams.

The protocol serves as a bridge between BNB stakers and a diverse array of applications within the ecosystem. Kernel’s unique restaking approach creates a shared security framework, enabling decentralized services to enhance their security posture without the need to build individual networks from scratch. By pooling staked BNB across multiple services, Kernel significantly bolsters the efficiency and security of the ecosystem. This collective security model is crucial for emerging services on the BNB Chain, addressing the fragmented security model that has been a persistent challenge in decentralized ecosystems.

The Kernel DAO Testnet provides a platform for participants to experience and interact with the Kernel restaking protocol. Users can test key features, including the minting and staking of assets, restaking liquid staking tokens, and managing rewards. This testnet enables the community to explore how Kernel enhances BNB’s utility while contributing to the protocol’s refinement and development.

Follow our complete and simple step-by-step guide to participate.

Step-by-step guide
Visit the Kernel DAO Testnet.
Click on the Faucet feature.
Mint the following tokens: BNBX, slisBNB, SolvBTC, and SolvBTC.BBN.
Restake Tokens:
Click on the Restake tab.
Deposit any of the following tokens into Kernel’s smart contracts: BNBX, slisBNB, SolvBTC, SolvBTC.BBN, or BNB.
Withdraw your staked tokens at any time from the platform, ensuring flexibility and control over your assets.
Monitor your reward streams generated from restaking through Kernel’s shared security framework.
You can read more about this event here ; https://freecoins24.io/airdrops/kernel-dao-testnet/