Kernel: Tokenomics and Distribution Details 👍
Kernel has revealed its tokenomics and plans for upcoming rewards distribution. Here's a breakdown:
💰 Investments:
$10 million raised.
Key investors: Binance (Tier 1), Hypersphere Ventures (Tier 2), DWF Labs (Tier 2), and others.
Tokenomics
◻️ 60% allocated to the community:
20% specifically for airdrops.
◻️ 20% reserved for a private sale:
6-month lockup period.
◻️ 20% for the team:
6-month lockup, 24-month vesting.
Seasonal Distribution Details
1️⃣ Season 1:
10% of the total supply allocated.
Eligibility: Users who farmed Kelp Miles or Kernel Points from December 12, 2023, to December 31, 2024.
2️⃣ Season 2:
Runs from January 1, 2025, to April 30, 2025.
5% of the token supply reserved.
For more details, check the official post. Don't miss out on maximizing your rewards during these seasons! 🚀
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