What is Kernel USD
Mint kUSD using any approved USD-denominated asset as collateral. Simply connect your wallet, select the asset you wish to mint with, input the amount and press “Mint”. In return you’ll receive an equivalent quantity of kUSD to deploy in further yield-bearing DeFi activities. Whilst your assets are restaked you’ll be earning Kernel Points and Karak XP in the background.
kUSD is mintable against any approved USD-pegged asset currently being restaked on Karak. Users can deposit their USD-pegged assets onto Kernel Protocol, where they will be restaked on Karak and then the user will be given an equivalent quantity of kUSD tokens, representing their Karak-restaked holdings.
Kernel USD vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, KUSD would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of KUSD 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 KUSD.
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.
