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Kernel begins as a pioneering protocol within the crypto sector, particularly focusing on the areas of liquidity and staking. At its core, Kernel introduces the concept of Liquidity Reserve Tokens (LRTs). These tokens are uniquely designed to be backed by a basket of assets with similar price beta, providing a more stable and predictable staking experience.
The primary goal of Kernel is to enhance the efficiency and security of staking operations, especially on the BNB network. By allowing users to restake their LRTs through a mechanism known as 'Karak,' Kernel significantly increases liquidity and potential yields for its users. This innovative approach aims to facilitate a more robust staking ecosystem, ensuring that participants can maximize their returns while enjoying greater security.