Regarding the Kelp DAO (KEP) project in Pre-Market Trading, the project team has announced the token name as KERNEL, and we will update the token name upon delivery.

For sellers, please ensure you deposit or purchase enough KERNEL tokens for delivery before the delivery time to avoid margin losses due to defaults.

For buyers, if the delivery is successful, you will receive the corresponding KERNEL tokens for your order.

*The trading page will still display Kelp DAO (KEP).

 

Project Introduction

KernelDAO is a re-staking ecosystem on the Ethereum and BNB chains, offering products that include re-staking and automatic reward generation. By implementing shared security and maximizing the utility of staked assets such as ETH, BTC, and BNB, it enhances network security, liquidity, and reward generation across the entire ecosystem.

Website: https://kerneldao.com/

Whitepaper: https://kerneldao.gitbook.io/litepaper

X：https://x.com/kernel_dao, https://x.com/KelpDAO

 

The above project is about to undergo scaling and delivery. The information is as follows:

*Note: Tokens used for pre-market trading delivery should be transferred to the "Fund Account". This is clearly stated in the BingX Pre-Market Trading Introduction & FAQ. To ensure smooth delivery, please double-check if you have transferred the tokens to the Fund Account.

Preset Total Supply: 169,000,000 

Actual Total Supply: 1,000,000,000

Pre-Market Trading End Time: 2025-04-15 08:30 (UTC)

*Scaling Ratio: 1000 : 169

*Scaling Time: 2025-04-15 12:00 to 12:10 (UTC)

Spot Listing Time: 2025-04-14 12:00 (UTC)

Delivery Time: 2025-04-16 12:00 (UTC)

 

*Scaling Ratio: It refers to "Actual Total Supply : Preset Total Supply". Once the project announces the tokenomics, BingX will scale up or down the price and amount of all orders based on the actual total supply proportionately. This ensures that the project’s total market cap and the total order value remain unchanged. For more details, please refer to the Scaling Mechanism section in BingX Pre-Market Trading Introduction & FAQ.

 

Any updates to the TBD information above will be announced separately. If you have any questions about pre-market trading, feel free to reach out to our customer support anytime. We’re here to assist you. Thank you for your understanding and support.

 

See Also:

BingX Pre-Market Trading Introduction & FAQ

 

Terms & Conditions:

  1. Participants are required to complete advanced identity verification to join the event.

  2. All non-individual accounts, such as market makers and brokers, cannot participate in Pre-Market Trading.

  3. Any users involved in illegal or malicious activities, such as fraud, participating with multiple accounts, or reward farming, will be disqualified and have their rewards revoked.

  4. BingX reserves the right to the final interpretations of this event, including any modifications, updates to terms, or cancellations.

  5. BingX will assist users in handling issues related to Pre-Market Trading. For any questions, please reach out to our online support for assistance.

  6. The project information, launch plan, and more are provided by the project team. The platform will notify any changes made during the event in a separate announcement.

 

Risk Warning:

Cryptocurrencies are highly volatile and subject to various risks, including market, project, technical and compliance-related uncertainties. Therefore, you may experience potential investment losses due to high volatility and various risks associated. Exercise caution, stay informed on the potential risks and invest prudently.


BingX Operation Team
2025-04-15


Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
For more information, please refer to our Terms of Use and Risk Warning.