KERN Tokens & Protocol Revenues

At the heart of the Kernel Protocol ecosystem lies the KERN token. KERN tokens benefit from revenues accumulated by Kernel Protocol via a buy-back-and-burn mechanism. The tokens are also used to reward stakers during airdrop seasons.

Protocol revenue on Kernel Protocol is generated by taking a 0.1% minting fee and 0.25% redemption fee on all kAssets.

Protocol revenues are distributed as follows:

• 80% of fees generated are used for buy-back-and-burns of KERN tokens to ensure the token remains inflationary and to counterbalance any seasonal airdrops.

• 20% of fees go to project operations.