Kernl packages a real onchain yield source into its own vault and token. Pick a source, set your fee, plant it. Holders earn while the kernel compounds.
A coin asks who else will buy it. A kernel answers a better question up front: what does this earn, and where does it come from?
Choose a vetted onchain yield source: USDG lending today, with credit, staking and treasuries lined up next. You see its current rate and depth before anything else.
Name your strategy and claim a ticker. Tickers are unique onchain, so whoever plants $SHEAF first owns it.
Anywhere from 0 to 20 %, taken only from yield above the last high, never from deposits. It's paid to you in kernel tokens, so you earn on it too.
Kernl deploys your strategy as its own ERC-4626 vault with its own token and yield page. The source and the fee are locked in from that moment.
Deposits go straight into the source. Yield lands in the share price, so there's nothing to claim or restake. Redeem your kernels for USDG whenever the source has liquidity.
Every kernel shows the rate its source pays right now, net of the creator fee. It breathes with the market underneath, and we never smooth it over.
Lending rates rise when borrowers want USDG and fall when they don't.
Your kernel count stays put while each kernel is worth more USDG.
Kernl only packages a source. If the source pays less, so does the kernel.
Every kernel gets its own page with the rate, the depth, the fee, the source and the contract. Deposit and withdraw sit right next to the facts.
If a source produces yield you can verify onchain, it can become a kernel. We add sources one at a time, each one tested with real deposits and withdrawals first.
USDG supplied to over-collateralised borrowers. The deepest, calmest source on the chain.
USDG lent into onchain credit. Higher rate, higher risk, thinner exit.
Validator rewards.
Tokenized treasuries.
Delta-neutral funding and private credit sources are on the list for later. Each one lands with its own risk note on the kernel page.
A kernel is a vault token. Planting one deploys an ERC-4626 vault that deposits USDG into a single yield source. Holding the token means you own a share of that vault, and its value in USDG rises as the source pays.
A wallet on Robinhood Chain with a little ETH for gas. Pick a source, name it, set a fee, and sign one transaction. No code and no approval queue.
No. The number shown is what the source pays right now, minus the creator fee. It moves with the market underneath and can go to zero.
From the source itself: borrowers paying interest in a lending market, for example. Kernl never tops it up or invents it. Each kernel page names its source and links the contract.
Planting costs gas. Depositing and withdrawing cost gas. The only other fee is the creator's cut of the yield (0–20 %), fixed at launch and shown before you deposit.
Yes, whenever the source has enough free liquidity. In busy markets a lending source can be fully borrowed for a while, and exits wait until it frees up. Each page shows how much is withdrawable right now.
Smart-contract bugs in Kernl or the source, borrower defaults, depegs of the underlying asset, and liquidity crunches. Only deposit what you can afford to have locked or lost.
Pick a source, set your fee, and plant it on Robinhood Chain in one transaction.
Plant a kernel →