KernelDAO Integrates Chainlink for KUSD Cross-Chain Interoperability and Transparency
KernelDAO Integrates Chainlink for KUSD Cross-Chain Interoperability and Transparency
🔗 KUSD Goes Cross-Chain
KernelDAO has integrated Chainlink to enhance its KUSD stablecoin infrastructure.
Key developments:
- KUSD gains cross-chain interoperability via Chainlink's CCIP
- Integration spans BNB Chain and Ethereum
- Price Feeds provide secure market data
- Proof of Reserve enables real-time collateral verification
This strengthens the rails for KernelDAO's Internet of Credit vision, building on their recent Kred litepaper release that outlined programmable, borderless credit solutions.
The @kernel_dao ecosystem continues to push the boundaries of restaking and real-world liquidity. Through @chainlink's integration with Kred, KUSD gains secure cross-chain interoperability via CCIP backed by Price Feeds and Proof of Reserve for verifiable transparency. Stronger
Restaking protocol with $1.6+ billion in TVL, @kernel_dao, has selected Chainlink as its official oracle provider for data and interoperability. KernalDAO is integrating the Cross-Chain Token (CCT) standard for Kred and its newly launched KUSD stablecoin, making the tokens
Kred + KUSD. Litepaper incoming soon.
The Internet of Credit is here! Kred bridges onchain capital with institutional credit demand. The Litepaper lays out the model and why KUSD, the rewards-bearing stablecoin, sits at the core. Litepaper incoming soon.
Credit that moves at internet speed. Kred bridges onchain capital with institutional credit demand. Litepaper releasing soon. Join the waitlist. ⚓ kerneldao.com/incoming/
The Internet made everything instant - messaging, commerce, mobility. Now it’s credit’s turn. Kred: The Internet of Credit Litepaper. Incoming.⌛ Join the waitlist👇 kerneldao.com/incoming/
Kred Litepaper is now live. A first look into how the Internet of Credit will actually work - programmable, borderless and real-time. Read it here. ⚓ kerneldao.com/kred/litepaper…
The Internet of Information made knowledge instant. The Internet of Commerce made shopping instant. Now comes the Internet of Credit. The Kred Litepaper unfolds this next evolution, where liquidity and credit move in real time. - The Kred Litepaper reveals the architecture of
The internet made everything on demand, from information to money. The next challenge: liquidity and credit. Global payments move $220T+ annually, yet trillions sit idle in pre-funded accounts. Stablecoins solved speed, not liquidity. Introducing Kred: The Internet of Credit.
Institutions Embrace Stablecoins for Compliant Liquidity Solutions
**Institutional finance is evolving** as organizations explore stablecoins as alternatives to traditional banking. **Key advantages driving adoption:** - Enhanced liquidity management - Greater transparency in transactions - Reward opportunities while maintaining compliance - Bridge between traditional and digital finance Stablecoins offer institutions a way to modernize their treasury operations without sacrificing regulatory compliance. This shift represents a **fundamental change** in how large organizations think about money movement and storage. The technology provides real-time settlement capabilities and 24/7 accessibility that traditional banking systems cannot match. [Read the full analysis](https://blogs.kerneldao.com/blog/institutional-stablecoin-strategies-beyond-bank-deposits)
wrsETH Reaches $25M TVL on Avalanche
**wrsETH continues growing on Avalanche** with $25M total value locked across DeFi protocols. **Key developments:** - Euler Finance market holds $23M+ TVL, curated by K3 Capital - Users can use wrsETH as collateral to borrow WETH.e - Depositors earn AVAX rewards **BlackholeDex integration shows momentum:** - $1M+ TVL in wrsETH <> WETH.e concentrated liquidity pool - ~13% reward rate available - Triple reward stack: Kernel Points, AVAX rewards, BLACK emissions **Getting started:** - Mint or bridge rsETH natively on Avalanche via [Kelp dApp](https://kerneldao.com/kelp/restake/?utm_source=social) - Access markets on [Euler Finance](https://app.euler.finance/vault/0x6E65eB6cAC41a19E0B8bb16F3b5Ad150f9124D3d?network=avalanche) or [BlackholeDex](https://blackhole.xyz/deposit?token0=0x49D5c2BdFfac6CE2BFdB6640F4F80f226bc10bAB&token1=0x7bFd4CA2a6Cf3A3fDDd645D10B323031afe47FF0&pair=0xa2d7dDf3757Dd94199a2a3874605aD4fd8a26a9f&type=Concentrated%20Volatile) *Rewards not guaranteed. Assess your own risk.*
DeFi Lending Rates Change Based on One Key Metric
**Lending pool rates fluctuate in real-time** based on a single crucial factor: utilization rate. This metric measures how much of a lending pool's available funds are currently borrowed. When more people borrow (higher utilization), rates increase to encourage more deposits and discourage excessive borrowing. **Key points:** - Rates aren't fixed - they adjust automatically - Higher utilization = higher interest rates - Lower utilization = lower interest rates This dynamic system keeps DeFi lending markets balanced by incentivizing the right behavior at the right time.
BlackholeDex Adds $1.5k Voting Rewards to wrsETH-WETH.e Pool
BlackholeDex has allocated **$1.5k in voting rewards** to the wrsETH <> WETH.e liquidity pool. Users can now participate in governance voting to earn these rewards. The incentive program continues BlackholeDex's strategy of rewarding active community participation. - Vote at [blackhole.xyz/vote](https://blackhole.xyz/vote) - Rewards available for wrsETH <> WETH.e pool voters - Part of ongoing veNFT holder incentive program This follows recent announcements of over $113k in rewards for other trading pairs on the platform.