Details
Kernel Protocol is a restaking protocol that allows users to deposit any asset to the platform in order to provide slashable security to various products and services built atop Karak, such as data availability layers, blockchains, oracles, and more. Kernel Protocol presents a solution where it creates Liquid Restaking Tokens (LRTs) that are composed of indexes for each of the main asset categories on Karak. This mitigates liquidity fragmentation compared to making specific LRTs for each and every individual asset, while also presenting enough variation in asset choice for an end LRT user, reflecting the diversity of restaking opportunities available on Karak.
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Significant Events
Jul 06, 2024
$KERN was live for trading
Jul 06, 2024