KernelDAO Business model
Last updated
Last updated
Kernel
The kernel platform is free for all stakeholders right now. Kernel will potentially charge small commission on Restaking
Kelp LRT Gain:
Kelp LRT charges commission on Staking and restaking rewards
Commission on ETH staking rewards
Kelp Gain
Fees for Air drop Gain: 2% Management fees
Fees for High Gain: 1% Management fees, 20% fees on Rewards
Product 1: Kernel is the shared security protocol on BNB Chain. Launched in December 2024, users can perform restaking and unstaking of whitelisted assets on Kernel. Delegations to operators and DVNs will be implemented over the next few weeks.
The withdrawal process is designed to ensure secure return of assets to stakers. When a staker initiates withdrawal, the system verifies the operator's standing and ensures completion of any active DVN tasks. Withdrawal amounts may be affected by slashing conditions if the operator has engaged in malicious behavior.
For more information, please refer to the docs on this link.
Kernel's protocol has been thoroughly audited by leading industry experts to ensure the highest security standards in blockchain infrastructure. This critical audit evaluates key protocol components, including restaking mechanisms, operator management, and middleware integration. Below are the audit reports for details.
Auditor
Audit Report
rsETH smart contracts are designed to isolate deposits, delegations, and withdrawals. These contracts provide a separation of concerns, reducing the surface area of risk.
Deposit flow:
Withdrawal flow:
An important part of Kelp’s development process is to keep the deposited assets safe and secure. And we take great measures to ensure the same.
Audits: Kelp’s smart contract has undergone multiple rounds of Audits from renowned auditors to make sure that there are no gaps that can be exploited by bad actors. The latest audit reports can be found here.
Deposit flow:
Withdrawal flow:
Similar to Kernel and Kelp LRT, Gain also has undergone extensive audits. The report can be found here.