What is KernelDAO Megadrop Offering?

The KernelDAO Megadrop event kicks off on April 9 at 00:00 UTC and ends on April 13 at 23:59 UTC. A total of 40 million KERNEL tokens (4% of total supply) will be distributed as rewards. Users can participate by subscribing BNB to locked products or by completing specific Web3 tasks.

To complete the Web3 task, users need to:

• Transfer 0.013 BNB to their Binance Web3 Wallet.

• Stake 0.01 BNB on KernelDAO via the wallet.

Eligible participants will receive their rewards directly in their spot wallets on April 14 at 06:00 UTC. The maximum reward per user is capped at 320,000 KERNEL tokens.

KERNEL Token Listing Details

Binance will officially list KERNEL on April 14 at 12:00 UTC. The token has a total supply of 1 billion, with 162.3 million KERNEL (16.23%) circulating at launch. It will be available on Ethereum, BNB Smart Chain, and Arbitrum networks. KERNEL will trade under the “Seed” tag, and there will be zero listing fee, reflecting Binance’s support for innovative projects.

How Are Rewards Calculated?

The reward formula is as follows:
Locked BNB Score x Web3 Task Multiplier (1.5) + Web3 Bonus (1,100)

Locked BNB scores are based on subscription duration, with multipliers ranging from 80x to 130x depending on whether you lock for 30 to 120 days. For instance, a 120-day lock boosts your score by 130x. Completing the Web3 task gives you a competitive edge through bonus points.

How to Participate?

1. Log in to your Binance account.

2. Head to the Megadrop page in the app.

3. Subscribe BNB to locked products or complete Web3 missions.

To complete Web3 tasks, you must use a Binance Keyless Web3 Wallet. Make sure to start staking your BNB before April 9 to maximize your reward score. Note: External wallet transfers are not eligible!

Stay updated with the latest crypto news by clicking here!

The post Binance Announces KernelDAO (KERNEL) as 4th Megadrop Project! appeared first on Coin Engineer.