Our co-founder @GAmitej and head of ecosystem @GoneMultichain just dropped some major updates in @crypto_rand's AMA 👀
Here's what you missed 🧵
1/ Our co-founder, @GAmitej broke down our current ecosystem - we're managing over $2 billion across three products.
Kernel has $500M+ on BNB Chain, Kelp reached ~$1.2B as the second largest liquid restaking protocol, and Gain is at $200M~ with automated reward vaults.
2/ $KERNEL token has been live for 2 months now and already has real usage.
It's trading on major exchanges like Binance and Coinbase, with over 2.7 million tokens staked by users.
The token works across all our products for governance and restaking.
3/ Our head of ecosystem, @GoneMultichain shared that we have ~$1 billion worth of rsETH sitting in @aave right now.
When e-Mode gets activated, we expect even more deposits because of better capital efficiency.
We also have strict risk rules to protect users from slashing.
4/ Some big expansions coming to Gain have been announced by @GAmitej.
We're launching stablecoin and Bitcoin vaults that target 15-20% rewards, working with professional hedge funds for management and safety.
5/ The RWA roadmap is getting finalized.
We're exploring ways to tokenize credit and foreign exchange markets - these are trillion dollar opportunities.
Full details and roadmap will be shared in the next few weeks.
Thanks to the @crypto_rand community for all the questions 🌱
Full AMA is still up in their discord 👇
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