# KernelDAO : Introduction

### **Executive Summary**

KernelDAO envisions restaking as a transformative force in Proof-of-Stake (PoS) ecosystems. By unlocking shared security and additional reward generation, restaking enables greater capital efficiency and 10x cheaper crypto economic security.

Since the launch of restaking in Jun 2023, a robust ‘restaking stack’ has been developed on Ethereum that now functions as a bedrock for building a wide range of new services and middleware.

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We believe that the ‘restaking stack’ will be an omni-chain phenomenon owing to its universal utility and we aspire to be a core pillar of this omni-chain restaking architecture.

KernelDao, today, offers 3 product categories - each positioned strategically within the ‘restaking stack’ to address distinct market needs and to provide a strong foundation for expansion into top opportunity verticals across restaking, DeFi and RWAs.

1. **Kernel:** Shared security product on BNB Chain leveraging BNB, BTC and other rewards bearing assets.
   * USD \~300 Mn TVL within a few weeks and 25+ ecosystem projects.
   * 100’s of middleware leveraging restaking
   * Roadmap includes expansion to multiple ecosystems
2. **Kelp LRT (rsETH):** Top Liquid Restaking on Ethereum offering instant liquidity and higher rewards opportunities on restaked assets.
   * Second largest LRT on Ethereum with USD \~$2 Bn in TVL.
   * 400,000+ unique restakers and integration with 50+ DeFi platforms, including major Layer 2 solutions.
3. **Gain:** Non-custodial automated Yield Vaults on Ethereum offering one-click rewards maximising solutions to users.<br>
   * USD 200 Mn+ TVL across within a few weeks of launch
   * Roadmap includes expansion into Bitcoin and RWA-based targeting multi-trillion-dollar potential.

### **Tokenomics**

The $KERNEL is the unified token across the three product offerings of the KernelDAO ecosystem, powered by $KERNEL’s utilities and community centric token distribution.