Binance Announces Next Megadrop: New Airdrop Listing Confirmed

Binance has announced its latest project, KernelDAO, as part of its ongoing Megadrop series, marking it as the fourth initiative in the lineup.

The major cryptocurrency exchange revealed on April 8 that it plans to list the token, KERNEL, soon, creating a buzz among investors looking to capitalize on emerging opportunities. The event is set to kick off on April 9 at 00:00 UTC, giving Binance users the chance to participate early.

According to Binance, it will be the first platform to list KERNEL, and any other claims about the token’s availability before the official launch are false. Trading pairs for KERNEL will include KERNEL/USDT, KERNEL/BNB, KERNEL/USDC, KERNEL/FDUSD, and KERNEL/TRY. Users will be able to trade these pairs starting on April 14 at 12:00 UTC. Binance has also designated KERNEL as a high-risk asset, tagging it accordingly.

The Megadrop event will run from April 9 to April 13, offering users a chance to get involved with the KERNEL token, which has a total supply of 1 billion coins. Initially, 162.3 million tokens will be in circulation, representing around 16.23% of the total. Each participant can acquire up to 320,000 tokens. KernelDAO, built on the BNB Chain, functions as a restaking protocol, allowing users to leverage BNB, BTC, and other yield-bearing assets to earn rewards.

READ MORE:

Bitcoin Whales Continue Accumulating While Smaller Holders Shift to Selling

This move aligns with Binance’s strategy of maintaining its dominant position in the crypto space by introducing new projects and staking opportunities. Earlier this month, Binance also revealed plans to support the Bitcoin staking protocol Babylon, showcasing its commitment to expanding its staking ecosystem. Additionally, other anticipated listings on the platform include projects like Hyperliquid, Mantle, and Kaspa.

Binance continues to attract attention with its innovative offerings, reinforcing its status as a top-tier cryptocurrency exchange. As KernelDAO joins the platform, the exchange once again demonstrates its commitment to providing diverse investment opportunities for its global user base.

Alexander Stefanov