Kernel USD (KUSD)

Kernel USD (KUSD) Price

This cryptocurrency is not listed for trading or services on Gate.

$0.994478
+$0.000586(+0.05%)

Market Cap

--

24h High

$0.994638

24h Low

$0.993743

24h Turnover

$3.99

Total Supply

750.00K

Market Sentiment

Neutral

About Kernel USD (KUSD)

Mint kUSD using any approved USD-denominated asset as collateral. Simply connect your wallet, select the asset you wish to mint with, input the amount and press “Mint”. In return you’ll receive an equivalent quantity of kUSD to deploy in further yield-bearing DeFi activities. Whilst your assets are restaked you’ll be earning Kernel Points and Karak XP in the background. kUSD is mintable against any approved USD-pegged asset currently being restaked on Karak. Users can deposit their USD-pegged assets onto Kernel Protocol, where they will be restaked on Karak and then the user will be given an equivalent quantity of kUSD tokens, representing their Karak-restaked holdings.

Website

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Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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