Binance to Launch new Megadrop Project with Exclusive Token Listing
Binance has announced the launch of KernelDAO (KERNEL), its latest Megadrop project. The restaking protocol has already generated significant interest, with traders eagerly anticipating the KERNEL token's listing on the exchange.
Starting April 9 at 00:00 UTC, users can participate in the event and earn rewards. Binance confirmed that it will be the first exchange to list the KERNEL token, offering its community exclusive early access to the new restaking project.
The KERNEL token will officially list on Binance on April 14 at 12:00 UTC. Five trading pairs will be available: KERNEL/USDT, KERNEL/BNB, KERNEL/USDC, KERNEL/FDUSD, and KERNEL/TRY. Binance will apply a Seed Tag to KERNEL to emphasize its high-risk, high-volatility nature as a new asset.
Details on the Token and Event
The event will run from April 9 to April 13, with KERNEL having a total supply of 1 billion tokens. Initially, 162.3 million tokens (16.23%) will be in circulation. Each user’s allocation is capped at 320,000 tokens. KernelDAO, built on BNB Chain, allows users to restake BNB, BTC, and other yield-bearing assets to earn rewards.
KernelDAO $KERNEL Megadrop is now open!
Subscribe to BNB locked products or complete Web3 quests to participate.
Join now 👉 https://t.co/wuVYwOxjPL pic.twitter.com/6PHARppJML
— Binance (@binance) April 8, 2025
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
