Binance Labs has invested in Kernel, a restaking infrastructure platform, to enhance the security and utility of the BNB Chain. This investment aims to open up new opportunities for decentralized applications, middleware, and the broader crypto ecosystem.
What Is Kernel?
Kernel is a restaking infrastructure platform aimed at maximizing the security and utility of staked assets. Restaking allows users to redeploy their staked assets, creating a shared security model that supports a wide range of applications and services. Kernel utilizes BNB Liquid Staking Tokens and restaked BNB as economic security.
Kernel's Ecosystem
Kernel offers three flagship products: Kernel, a cross-chain restaking platform; Kelp, a liquid restaking solution on Ethereum; Gain, tokenized yield products bridging DeFi and real-world assets. These solutions collectively aim to unlock a $100 billion opportunity across restaking and DeFi.
Expanding Beyond BNB Chain
Kernel plans to expand its restaking model to additional Layer 1 blockchains. Future integrations include Bitcoin derivatives and other yield-bearing assets, creating a global shared security model.
Binance Labs' investment in Kernel supports innovations in security and scalability on the BNB Chain, strengthening the ecosystem of decentralized applications.
