Kelp DAO

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Kernel DAO Airdrop Details

The Kernel DAO airdrop marks the conclusion of Season 1, which ended on December 31, 2024. The airdrop allocates 10% of the total $KERNEL token supply to reward users who participated during Season 1. This distribution represents a significant milestone for the project as it transitions to token-based governance.

To ensure fair distribution, Kernel DAO partnered with human.tech by Holonym to conduct Sybil analysis, effectively filtering out fake accounts and ensuring rewards go only to genuine participants. Users who earned at least 150 Kernel Points or Kelp Grand Miles during Season 1 (with approximately 0.04 ETH or $100 USD worth of ETH restaked) qualify for a minimum reward of 100 $KERNEL tokens per eligible wallet. For wallets that didn’t meet the minimum points requirement, Season 1 points will be transferred to Season 2, providing another opportunity to qualify for future airdrops.

Latest Update: Binance has announced a Megadrop event for KernelDAO (KERNEL), offering crypto enthusiasts an opportunity to earn airdrop rewards through a combination of BNB locking and Web3 quest completion. The initiative allocates an impressive 40,000,000 KERNEL tokens, representing 4% of the total token supply, exclusively for Megadrop participants.

How to Claim Your Kernel DAO Airdrop

  1. Visit the official Kernel DAO airdrop claim page.
  2. Connect your Ethereum wallet (make sure it’s the same wallet you used during Season 1)
  3. Sign the verification message to authenticate your wallet address
  4. Review your eligibility status and potential reward amount
  5. If eligible, you will be able to claim free KERNEL

How to participate in Kelp airdrop? (Expired)

  1. Visit the Kelp DAO airdrop page.
  2. Connect your wallet.
  3. Deposit one or more of the following assets into the Airdrop Gain vault:
    • ETH
    • stETH (Lido’s LST)
    • ETHx (Stader’s LST)
    • rsETH (Kelp’s LRT)
  4. Upon deposit, the vault issues agETH, a liquid ERC-20 token representing your staked assets.
  5. The deposited assets are bridged to partner L2 networks (Scroll, Karak, Linea), making them eligible for airdrop opportunities.
  6. The agETH token can be deployed into Pendle on the mainnet, allowing you to earn additional DeFi yields.
  7. To withdraw your assets:
    • Go to the ‘Withdraw’ section and enter the amount of agETH to withdraw.
    • Click on ‘Withdraw’ and approve the transaction in your wallet.
    • Your assets will be transferred in rsETH within 3-4 days.
  8. Users will be able to earn free Linea, Scroll, Karak, Kelp, EigenLayer and August points, with support for more rewards coming soon.

Kelp Introduces Kernel Points: A Unified Rewards System

Kelp is transforming Kelp Miles into Kernel Points, a crucial step toward the $KERNEL Token Generation Event (TGE). This transition unifies Kelp, Gain, and Kernel DAO under a single system, providing users with:

  • Governance rights across all three entities.
  • Undiluted value for contributions.
  • Expanded utility for the upcoming $KERNEL token.

The conversion follows a fixed rate of 1 Kernel Point = 1 Grand Kelp Mile (1,000 Kelp Miles).

How Kernel Points Work and What’s Next

Kernel Points serve as proof of support, measuring individual contributions and directly influencing the share of $KERNEL received at TGE—more points mean a larger allocation.

In the coming weeks, Kelp will provide further updates on:

  • Reallocation of Kelp Miles (now Kernel Points) across different protocols.
  • Enhanced incentives and earning opportunities.
  • New strategies to maximize rewards before TGE.
  • Special programs designed to boost Kernel Points accumulation.

 

What is Kelp DAO?

KelpDAO is a Liquid Restaking Protocol where users can deposit their ETH or LSTs and mint rsETH, the Liquid Restaked Token (LRT) issued by Kelp DAO. rsETH is designed to offer liquidity to illiquid assets deposited into restaking platforms such as EigenLayer.

It aims to address the risks and challenges posed by the current offering of restaking, such as setting up all the ETH deposited into Kelp to be restaked in Eigenpods, taking care of the due diligence of every AVS and Operators, and assessing which of these services yield the best returns with the lowest possible risk.

Want more airdrops like Kelp DAO? Discover potential retroactive airdrops →

Funding

$9M

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Overview


  • Website: kelpdao.xyz
  • Ticker: KERNEL
  • Total Supply: 1000000000 KERNEL
  • Whitepaper: View Whitepaper
  • X (Formerly Twitter):
  • Telegram Group:
  • Discord Chat: