Binance Launches KernelDAO Megadrop Ahead of KERNEL Token Listing

Binance has introduced its fourth Megadrop project, KernelDAO (KERNEL), in a fresh announcement that’s already turning heads. The upcoming launch has sparked excitement across the crypto space, especially among restaking enthusiasts. Traders are now gearing up for the KERNEL token listing, which promises early access and potential rewards.

But what exactly is KernelDAO, and why is it creating so much buzz?

From exclusive listings to strategic partnerships, here’s everything you need to know about Binance’s latest move.

Key Dates and Trading Details

Starting April 9 at 00:00 UTC, users can take part in the Megadrop event and earn rewards. Binance also confirmed that it will be the first exchange to list the KERNEL token, giving users early access to this new restaking project.

The event will run from April 9 to April 13. Binance will list the KERNEL token on April 14 at 12:00 UTC, offering five trading pairs:

• KERNEL/USDT
• KERNEL/BNB
• KERNEL/USDC
• KERNEL/FDUSD
• KERNEL/TRY

A Seed Tag will be added to the KERNEL token, highlighting it as a new asset that comes with higher risk and price volatility.

What is KernelDAO?

KernelDAO is a shared restaking protocol built on the BNB Chain. It allows users to restake BNB, BTC, and other yield-generating assets in order to earn additional rewards.

The token has a total supply of 1 billion, with 162.3 million (16.23%) available in the initial circulation. Each user can receive up to 320,000 tokens during the Megadrop.

Binance Keeps Pushing Innovation

With the launch of KernelDAO, Binance continues to strengthen its position as a global leader in the crypto exchange space. Earlier this month, Binance added support for the Bitcoin staking protocol Babylon, showing its commitment to backing cutting-edge blockchain projects. Other upcoming launches include Hyperliquid, Mantle, and Kaspa.

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Making Crypto More Accessible with Worldpay

Binance has also partnered with Worldpay, a public payment processing company, to allow users to buy crypto through Apple Pay and Google Pay using its fiat onramp system. The exchange said this move is designed to make crypto more accessible, especially in regions with low credit card usage but high mobile phone adoption.

In related news, former Binance CEO Changpeng Zhao Changpeng Zhao   Changpeng Zhao, populalrly known as CZ, is a Chinese-Canadian businessman. He founded Binance, the biggest cryptocurrency exchange in the world based on trading volume. CZ came across Bitcoin (BTC) in 2013 from a friend.   Quick Facts   Full Name Changpeng Zhao Birth  1977 in Lianyungang, Jiangsu, China Nationality Chinese-Canadian, UAE Education BSc. from McGill University Marital Status Married to Yang Weiqing Famous For Binance, Advocate for decentralized finance, blockchain tech. Net Worth $59.4B (refer for realtime)   Before starting Binance in 2017, he was the Head of Development at Blockchain.info and the Chief Technology Officer (CTO) at OKCoin. Under CZ, Binance launched an ICO (Initial Coin Offering) that raised $15 million and rapidly became the largest exchange within months.   To improve trading options, the firm introduced Binance Smart Chain (BSC), Binance Labs, Binance Academy, Binance Launchpad, and other blockchain-based solutions. CZ has influenced the global adoption of crypto by offering regulatory compliance, DeFi solutions, and infrastructure for digital assets.   CZ’s Career Timeline   Tokyo Stock Exchange (2001–2003) – Developed trading systems for financial institutions. Bloomberg Tradebook (2003–2005) – Worked as a software developer for high-frequency trading systems. Fusion Systems (2005–2013) – Co-founded this financial technology firm specializing in ultra-low-latency trading solutions. Blockchain.info (2013–2014) – Served as Head of Development, working with early Bitcoin adopters like Roger Ver and Ben Reeves. OKCoin (2014–2015) – Worked as Chief Technology Officer (CTO) at one of the largest fiat-to-crypto exchanges at the time. Binance (2017–2023) – Founded Binance and led it to become the world's largest cryptocurrency exchange before stepping down as CEO in 2023.   Awards and Recognizations of CZ   List of achievements Year Bloomberg 50 – Most Influential People in Finance 2021 Forbes Crypto Rich List – Billionaire Status 2022 Top 10 Most Influential People in Crypto (CoinDesk) 2022 Binance – World’s Largest Crypto Exchange by Volume 2018-23   There were regulatory issues in some countries about crypto. However, CZ continued to support decentralization, financial freedom, and innovation in the cryptocurrency industry. After reaching an agreement with U.S. regulators over compliance violations, in 2023, he resigned as CEO of Binance.   Useful Links To Connect With CZ   X (formerly Twiter) https://twitter.com/cz_binance? Instagram CZ_Binance (@changpengzhao)  LinkedIn Changpeng Zhao - Binance | LinkedIn     EntrepreneurInvestorChief Executive Officer (CZ) has been appointed as an advisor to Pakistan’s newly formed Crypto Council. The council, which held its first meeting in March, is focused on building crypto regulations and encouraging investment in the sector. CZ’s involvement is seen as a key step in helping the country shape its crypto future.

As the restaking race heats up, all eyes are now on how KernelDAO will perform in the wild.