Getting Started: Using Kerne
Getting started takes under five minutes. Here is the step by step process.
Step 1: Connect Your Wallet
Visit the Kerne terminal and connect a compatible wallet. Popular options include MetaMask, Coinbase Wallet, Rabby, and WalletConnect.
Step 2: Switch to the Correct Network
Make sure your wallet is connected to Base (Chain ID 8453). If the app detects a network mismatch, a prompt to switch will appear automatically.
Step 3: Choose Your Deposit Asset
Select your asset and enter the amount you wish to deposit. There is no minimum. The interface will show you the current estimated APY (live, based on real time funding rates and staking yield) and the amount of kUSD you will receive.
Step 4: Approve and Deposit
Approve the token spend (required for ERC 20 tokens on first interaction, costs approximately $0.01 on Base), then confirm the deposit transaction. Gas fees are paid in ETH on Base and are typically around $0.03.
Step 5: Start Earning
Your kUSD balance will appear in your wallet and on the Kerne dashboard immediately after the transaction confirms. Yield begins accruing from the moment of deposit. Opal Fragments tracking also begins after the minimum hold period.
Withdrawing
You can request a withdrawal at any time. When you withdraw, your kUSD is burned and you receive your deposited collateral plus your accrued yield. There is a short processing period to allow the hedging engine to close the corresponding position.
Monitoring Your Position
Your Kerne dashboard displays your kUSD balance, estimated yield accrued, Opal Fragments accumulated, current protocol APY, and Proof of Reserves verification status. The Transparency page provides real time verification that kUSD supply is fully backed.
Institutional Onboarding
For hedge funds, family offices, DAO treasuries, and other institutional entities, we offer dedicated whitelisted access with dedicated liquidity buffers, real time API access to solvency metrics, and compatibility with institutional custody solutions. Reach out to us through the contact information below.