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Screenshot}))})();{"id":861,"date":"2024-11-26T16:11:13","date_gmt":"2024-11-26T16:11:13","guid":{"rendered":"https:\/\/thetach.com\/?p=861"},"modified":"2024-11-26T16:11:14","modified_gmt":"2024-11-26T16:11:14","slug":"kernel-secures-binance-labs-funding-to-redefine-restaking-on-bnb-chain","status":"publish","type":"post","link":"https:\/\/thetach.com\/?p=861","title":{"rendered":"Kernel Secures Binance Labs Funding to Redefine Restaking on BNB Chain"},"content":{"rendered":"\n<p> Kernel Secures Binance Labs Funding has reached a crucial step in designing <strong>new Restacking solutions<\/strong> for the<strong> BNB Chain network.<\/strong> It is a great recognition for Kernel but also a major step in rethinking trust decentralization and scalability in the cryptosphere. The Binance coin, BNB through Kernel with the backing of Binance Labs will now strengthen BNB\u2019s economic security to become a programmable trust. On a positive note, such a shift will benefit not only Apps, middleware, and the rest of the crypto market but also developers and users of such <strong>software<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>A Pivotal Achievement for Kernel and the BNB Chain<\/strong><\/h2>\n\n\n\n<p>The announcement that <strong>Kernel Secures Binance Labs Funding<\/strong> highlights the trust and confidence of major players in the <strong>crypto industry<\/strong> in Kernel\u2019s vision. This strategic partnership enables Kernel to focus on advancing <strong>restaking infrastructure<\/strong>, addressing key challenges, and unlocking the full potential of <strong>BNB Chain\u2019s staking ecosystem<\/strong>. The funding will be directed toward Kernel\u2019s innovative mission to integrate native and <strong>liquid staking tokens (LSTs)<\/strong>, transforming <strong>BNB\u2019s staking architecture<\/strong>. Bernel aims to foster a shared economic security ecosystem, by offering a programmable security framework facilitating the creation of scalable <strong>DeFi applications<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Kernel\u2019s Innovative Approach to Restaking<\/strong><\/h2>\n\n\n\n<p>Kernel design uniquely integrates <strong>native <\/strong>and <strong>liquid staking tokens (LSTs)<\/strong> from <strong>BNB Chain<\/strong>, <strong>Bitcoin<\/strong>, and other yield-generating assets. These integrations allow users to maximize the potential of their staking assets while enhancing <strong>capital efficiency<\/strong> across multiple blockchain networks. Developers benefit from Kernel\u2019s platform as it offers tools to bootstrap projects efficiently, using <strong>shared economic security<\/strong> to reduce overhead and increase scalability. As <strong>Kernel Secures Binance Labs Funding<\/strong>, the team is now better positioned to deliver <strong>developer-friendly solutions<\/strong> that enhance the utility and security of <strong>staking assets<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Unlocking the Potential of Economic Security<\/strong><\/h3>\n\n\n\n<p>The funding will accelerate Kernel\u2019s efforts to unlock the economic security of <strong>BNB Chain<\/strong>. By converting staking assets into a <strong>programmable trust<\/strong>, Kernel fosters the growth of a more resilient and scalable <strong>DeFi ecosystem<\/strong>. This shift promises to create new opportunities for innovation across <strong>Web3 applications<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Achievements that Define Kernel\u2019s Progress<\/strong><\/h2>\n\n\n\n<p>Before announcing that <strong>Kernel Secures Binance Labs Funding<\/strong>, the company had already made significant strides in its mission to enhance <strong>BNB Chain\u2019s ecosystem<\/strong>. These achievements include <strong>Total Value Locked (TVL):<\/strong> Over $1 billion in staking assets secured. <strong>Layer-2 Integrations:<\/strong> More than 10 partnerships for improved blockchain scalability. <strong>DeFi Collaborations:<\/strong> Over 120 integrations, expanding the reach of <strong>Kernel\u2019s solutions<\/strong>. <strong>Unique Users:<\/strong> Over 300,000 addresses are actively engaged in its platform. These milestones highlight Kernel\u2019s ability to innovate and create a scalable infrastructure for <strong>DeFi growth<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>$10 Million Raised in Funding Rounds<\/strong><\/h2>\n\n\n\n<p>The announcement that <strong>Kernel Secures Binance Labs Funding<\/strong> includes details about the $10 million raised across multiple rounds. Kernel has received support from prominent investors such as <strong>SCB Limited, Laser Digital, Bankless Ventures, Draper Dragon<\/strong>, and many others. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"966\" height=\"590\" src=\"https:\/\/thetach.com\/wp-content\/uploads\/2024\/11\/BNB-Chain-restacking-solutions.jpg\" alt=\"BNB Chain restacking solutions \" class=\"wp-image-863\" srcset=\"https:\/\/thetach.com\/wp-content\/uploads\/2024\/11\/BNB-Chain-restacking-solutions.jpg 966w, https:\/\/thetach.com\/wp-content\/uploads\/2024\/11\/BNB-Chain-restacking-solutions-300x183.jpg 300w, https:\/\/thetach.com\/wp-content\/uploads\/2024\/11\/BNB-Chain-restacking-solutions-768x469.jpg 768w\" sizes=\"(max-width: 966px) 100vw, 966px\" \/><\/figure><\/div>\n\n\n<p>This funding solidifies Kernel\u2019s financial foundation, enabling the team to advance its mission of redefining <strong>restocking on the BNB Chain<\/strong>. The backing from well-known investors demonstrates industry confidence in Kernel\u2019s innovative solutions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The Role of Binance Labs in Kernel\u2019s Success<\/strong><\/h3>\n\n\n\n<p>Finance Labs&#8217; support is crucial. Finance<strong> Labs<\/strong> plays a crucial role in helping Kernel scale its operations and introduce <strong>BNB Liquid Staking Tokens (LSTs)<\/strong>. These tokens will serve as economic security to power <strong>DeFi applications<\/strong>, offering users and developers a more flexible and scalable infrastructure for their projects.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Kernel\u2019s Vision for DeFi Innovation<\/strong><\/h2>\n\n\n\n<p>As <strong>Kernel Secures Binance Labs Funding<\/strong>, its vision for the future becomes clearer. Kernel plans to use this funding to accelerate the adoption of <strong>restacking technologies<\/strong> on the <strong>BNB Chain<\/strong>. These technologies will not only increase the scalability of existing <strong>DeFi applications<\/strong> but also open doors to entirely new use cases. By integrating staking tokens with Layer-2 solutions, Kernel ensures improved scalability and utility. This shared economic security model encourages developers to build innovative <strong>Web3 applications<\/strong>, reducing barriers to entry and enabling seamless collaboration within the ecosystem.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Driving Growth Across the Crypto Ecosystem<\/strong><\/h3>\n\n\n\n<p>Kernel vision aligns with the broader goals of enhancing <strong>BNB Chain\u2019s DeFi landscape<\/strong>. By focusing on <strong>retaking infrastructure<\/strong>, Kernel is creating a foundation for decentralized, scalable trust that benefits <strong>developers<\/strong>, <strong>investors<\/strong>, and end-users. The announcement that <strong>Kernel Secures Binance Labs Funding<\/strong> marks an important step in this journey.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Co-Founder\u2019s Perspective on Binance Labs\u2019 Support<\/strong><\/h2>\n\n\n\n<p>Amitej G., Co-Founder of Kernel, shared his enthusiasm about the funding and partnership with <strong>Binance Labs<\/strong>. \u201cBy leveraging rrestackingsolutions, Kernel is driving greater utility and scalability for BNB-based assets while laying the groundwork for a more resilient and developer-friendly restocking and DeFi landscape. We are thrilled to have the support of Binance Labs to bring the vision of restacking to life across Web3. Their backing has been instrumental in helping Kernel build the foundation for a more secure, scalable, and utility-rich restacking and DeFi ecosystem on BNB Chain.\u201d This statement underscores the collaborative spirit between Kernel and <strong>Binance Labs<\/strong>. Together, they aim to redefine the standards for <strong>restacking infrastructure<\/strong> on <strong>BNB Chain<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Future of Restaking on BNB Chain<\/strong><\/h2>\n\n\n\n<p>The announcement that <strong>Kernel Secures Binance Labs Funding<\/strong> sets the stage for transformative changes in the <strong>crypto ecosystem<\/strong>. With its focus on programmable trust and scalable solutions, Kernel is poised to lead innovation in <strong>BNB Chain\u2019s restaking infrastructure<\/strong>. Kernel users, developers, and investors will reap from the newfound economic security model that offers the required freedom of expansion to unlock potential in DeFi solutions. The adoption of BNB Liquid Staking Tokens, as well as the use of Layer-2 solutions, brings value to the BNB ecosystem. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"782\" height=\"439\" src=\"https:\/\/thetach.com\/wp-content\/uploads\/2024\/11\/BNB-Liquid-Staking-Tokens.jpg\" alt=\"BNB Liquid Staking Tokens \" class=\"wp-image-865\" srcset=\"https:\/\/thetach.com\/wp-content\/uploads\/2024\/11\/BNB-Liquid-Staking-Tokens.jpg 782w, https:\/\/thetach.com\/wp-content\/uploads\/2024\/11\/BNB-Liquid-Staking-Tokens-300x168.jpg 300w, https:\/\/thetach.com\/wp-content\/uploads\/2024\/11\/BNB-Liquid-Staking-Tokens-768x431.jpg 768w\" sizes=\"(max-width: 782px) 100vw, 782px\" \/><\/figure><\/div>\n\n\n<p>Decentralized trust is the ultimate solution for web3 delivery, and therefore, it should be unlocked. Ongoing development in the Web3 space will ensure Kernel\u2019s contribution to restaking technologies becomes critical in the future of trust within the ecosystem. This way, Kernel remains committed to creating capital-efficient solutions and experiences that keep BNB Chain at the forefront of crypto innovation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion&nbsp;<\/strong><\/h2>\n\n\n\n<p>Kernel\u2019s partnership with Binance Labs signifies a major step toward redefining <strong>restaking on BNB Chain<\/strong>. With $10 million raised and significant milestones achieved, Kernel aims to bring transformative innovations to the <strong>DeFi ecosystem<\/strong>. By integrating <strong>BNB Liquid Staking Tokens<\/strong> and shared economic security models. Kernel empowers developers and users to maximize the potential of their assets. The funding strengthens Kernel&#8217;s position to lead the evolution of <strong>BNB Chain\u2019s staking architecture<\/strong>. Driving decentralized trust, scalability, and utility for the <strong>crypto ecosystem<\/strong> and <strong>Web3 applications<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>FAQs<\/strong><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1732637029505\"><strong class=\"schema-faq-question\"><strong>How has Kernel impacted the BNB Chain ecosystem?<\/strong><\/strong> <p class=\"schema-faq-answer\">Kernel has enhanced <strong>BNB Chain\u2019s staking capabilities<\/strong>, improving utility and scalability for assets.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1732637031026\"><strong class=\"schema-faq-question\"><strong>What makes Kernel\u2019s restaking solutions unique?<\/strong><\/strong> <p class=\"schema-faq-answer\">Kernel offers shared economic security, integrating <strong>staking tokens<\/strong> with enhanced <strong>DeFi solutions<\/strong>.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1732637031793\"><strong class=\"schema-faq-question\"><strong>Who supported Kernel\u2019s $10 million funding round?<\/strong><\/strong> <p class=\"schema-faq-answer\">Prominent investors, including <strong>Binance Labs<\/strong>, SCB Limited, and Draper Dragon, contributed.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1732637072618\"><strong class=\"schema-faq-question\"><strong>What are Kernel\u2019s plans for the BNB Chain?<\/strong><\/strong> <p class=\"schema-faq-answer\">Kernel plans to launch <strong>BNB Liquid Staking Tokens<\/strong>, boosting <strong>DeFi scalability<\/strong> and innovation.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1732637086619\"><strong class=\"schema-faq-question\"><strong>How does Binance Labs\u2019 support benefit Kernel?<\/strong><\/strong> <p class=\"schema-faq-answer\">The funding enables Kernel to redefine restaking and scale its infrastructure efficiently.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kernel Secures Binance Labs Funding has reached a crucial step in designing new Restacking solutions for the BNB Chain network. It is a great recognition for Kernel but also a major step in rethinking trust decentralization and scalability in the cryptosphere. The Binance coin, BNB through Kernel with the backing of Binance Labs will now &#8230; <a title=\"Kernel Secures Binance Labs Funding to Redefine Restaking on BNB Chain\" class=\"read-more\" href=\"https:\/\/thetach.com\/?p=861\" aria-label=\"Read more about Kernel Secures Binance Labs Funding to Redefine Restaking on BNB Chain\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[329,328,330],"class_list":["post-861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-startup-ideas","tag-bnb-chain-restacking-solutions","tag-kernel-secures-binance-labs-funding","tag-programmable-economic-security"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kernel Secures Binance Labs Funding to 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