PANews reported on February 18 that the re-staking platform KernelDAO officially announced that the $KERNEL token generation event (TGE) is scheduled to be held in February 2025, and the specific date has not yet been announced.

It is reported that 55% will be allocated to community rewards and airdrops (20% for airdrops and 35% for future community rewards), 5% to the ecosystem and partners, 20% for private sales, and 20% to the team and consultants (the team and private sales tokens have a 6-month lock-up period and will be unlocked within 24 months). In addition, 20% of KERNEL tokens will be distributed through three rounds of airdrops.

According to previous news, BNB Chain ecosystem re-mortgage infrastructure Kernel has completed a total of US$10 million in financing, and investors include Binance Labs.