Key Points
- Users can earn tokens with Binance’s 4th Megadrop project by subscribing to BNB Locked Products and completing Web3 quests.
- Binance will open trading on April 14 for KERNEL/USDT, KERNEL/BNB, KERNEL/USDC, KERNEL/FDUSD, KERNEL/TRY.
Binance revealed in an official announcement that it opened its 4th Megadrop campaign for KernelDAO (Kernel), allowing users to earn tokens.
KernelDAO is a restaking protocol that allows users to earn rewards by restaking ETH, BTC, and BNB on Kernel, the largest shared security infrastructure. One of the most important backers of the project is YZi Labs.
Binance launched its Megadrop platform for new token launches and integrated Simple Earn and the Binance Wallet to reinvent the airdrop experience for users, allowing early access to Web3 projects before getting listed on the main exchange.
» PARTICIPATE IN BINANCE KERNEL MEGADROP «
Binance KERNEL Megadrop Period and User Participation
Binance opened the KERNEL Megadrop on April 9 at 00:00 (UTC), and it will last until April 13 at 23:59:59 (UTC).
In its official announcement, the crypto exchange also provided details regarding user participation in its 4th Megadrop.
Necessary Steps for Participating in the KERNEL Megadrop
To be able to take part in Binance’s KERNEL Megadrop, users have to follow these steps:
- Log in to the Binance account or create a new account.
- Subscribe to BNB Locked Products and/or complete Web3 quests.
- Make sure to have at least one active Binance Wallet to take part in the Web3 quests.
- Go to the Megadrop section on the Binance app to complete Web3 quests
- Receive Megadrop rewards based on Total Score.
Binance revealed the necessary steps for participating in the Web3 quests:
- Transfer 0.013 BNB or 0.013 asBNB to Binance Wallet, including the estimated gas fee of 0.003 BNB.
- Stake at least 0.01 BNB or 0.01 asBNB on KernelDAO
Starting on April 14, at 06:00 (UTC), users can view their Megadrop rewards in Binance Spot.
» PARTICIPATE IN BINANCE KERNEL MEGADROP «
Binance KERNEL Megadrop Details
In its official announcement, Binance also included the KERNEL Megadrop details:
- The maximum token supply is 1 billion KERNEL tokens.
- The total token supply is 1 billion KERNEL tokens.
- The Megadrop token rewards are 40 million KERNEL tokens, representing 4% of the total supply.
- The initial circulating supply at spot listing will be over 162 million KERNEL tokens, or 16.23% of the total supply
- An additional amount of 40 million KERNEL tokens will be allocated to the other marketing campaigns in batches for six months following the spot listing of the token
- KERNEL listing fee is 0.
Binance also provided the smart contract and network details for the KERNEL listing on Ethereum, BNB Chain, and Arbitrum.
The crypto exchange will be the first to list KERNEL.
Binance KERNEL Listing Details
Binance will open trading for the following pairs on April 14, at 12:00 (UTC):
- KERNEL/USDT
- KERNEL/BNB
- KERNEL/USDC
- KERNEL/FDUSD
- KERNEL/TRY
The crypto exchange will apply the Seed Tag to KERNEL, meaning that it’s a newer project and might exhibit higher volatility compared to other already listed tokens, and traders must exercise caution before deciding to invest.
Binance first revealed KERNEL as its 4th Megadrop project on April 1.
