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What is Kernel

The First Suite Of Karak-Native LRTs, Unlocking Liquidity & Yields For The Karak Ecosystem

Karak Network is a totally unopinionated 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. Unlike Ethereum and EigenLayer, where security can be provided solely through ETH for the former and ETH-denominated assets such as LSTs for the latter, Karak already features a basket of DeFi assets such as Pendle positions, EigenLayer-restaked LRTs, LP Positions across Uniswap v3 and Curve Finance, and stablecoins such as Ethena’s USDe.

This flexibility has benefits in the sense that it makes yield-bearing assets composable with restaking, as opposed to staking yield needing to outperform other DeFi yield in order for it to be viable. However, it also has the downside of lacking a single homogenous asset to peg Karak LRTs to. Consequently, restaked holdings on Karak cannot be deployed in further yield-bearing activities and Karak XP (their native points reward) cannot be traded on yield markets and other DeFi applications.

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.

Kernel vs Stoic

It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.

There is no guarantee that In 5 years, KERN would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of KERN might derail its progress.

Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including KERN.

Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.

The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.

Over 12,000 people already use Stoic to automate their crypto investing.

Other cryptocurrencies