Kerne Opal, Genesis Extended
The 45,000,000 KERNE scale tranche
Nine tenths of the fixed 50,000,000 KERNE Genesis allocation is not divided by fragments. It is divided by qualifying dollar-hours on the part of a position above $100,000, with no multiplier of any kind. Nobody has ever qualified.
Live, read from public endpoints on load
Qualifying positions
0
Qualifying dollar-hours
0
Every kUSD that exists, held in one wallet, would still be below the $100,000 floor. Total kUSD supply is $1,144.71, which the floor exceeds by 87.4x. So no arrangement of wallets can produce a qualifying position, and the count above is arithmetic rather than a claim.
Check it yourself: /api/por gives liabilities.kUSD.totalSupply. Compare it to $100,000. That is the whole proof.
The 5,000,000 KERNE community tranche, by contrast, is being divided right now
Eligible fragments: 2,185,981 across 2 wallets. Kerne's own founder and bot wallets hold 99.01% of the board and convert to nothing.
Both tranches come out of the same fixed allocation. The 45,000,000 KERNE above is not added to the community tranche if nobody qualifies for it. It is simply not allocated.
Fragments accrue every hour you hold kUSD, and your multiplier is fixed by how early you first deposit. Mint now to lock the 1.0x Final stretch multiplier. This is the final window before the snapshot.
Sizing above the public cohort? The founding anchor tier is a separate, higher points floor granted by an executed anchor deposit letter, not a cohort a public mint can select. The rules are published at the Opal anchor tier and the deposit terms at the anchor terms.
The rule, in four sentences
Since August 6, 2026 the fixed 50,000,000 KERNE allocation has been split. The 5,000,000 KERNE community tranche is divided pro rata by eligible fragments, with no minimum position and with every multiplier, bonus and quest grant counting exactly as before. The 45,000,000 KERNE scale tranche is divided pro rata by qualifying dollar-hours: for each hour, the part of a wallet's kUSD-equivalent position above $100,000. Size times time, nothing else.
The floor is a deductible, not a cliff. Only the part above $100,000 earns scale credit, so nothing jumps at the boundary: a position one dollar over the floor earns one qualifying dollar-hour per hour, not a hundred thousand. Splitting a position across wallets can therefore never manufacture qualifying exposure. One position of $1,000,000 earns 900,000 qualifying dollar-hours an hour; two of $500,000 earn 800,000; ten of $100,000 earn nothing.
Nobody is excluded from the program by the floor. It gates one tranche, not participation. Accrual still has no minimum and every wallet keeps an unimpaired claim on the community tranche.
An unclaimed scale tranche is not redistributed. If the qualifying total is still zero at a distribution, those 45,000,000 KERNE are simply not allocated and stay unissued. They do not fall back into the community tranche. We say that plainly because the alternative would make the rule cosmetic: a tranche that rolls back to everyone is a tranche a reader can discount to zero.
Recompute it yourself
Take a position of $250,000 held for the final 100 whole hours before the snapshot. The part above the floor is $250,000 minus $100,000, so $150,000 qualifies. Over 100 hours that is 15,000,000 qualifying dollar-hours. Divide by the total qualifying dollar-hours across every wallet to get the share of 45,000,000 KERNE.
While the counter at the top of this page reads zero, that division has only one term in it, because a qualifying position is part of the qualifying set and there is nothing else in the set. That is not a promotion and it is not an offer term: it is what a pro-rata share is when the denominator is your own figure, and it stops being true the moment a second position qualifies. The hours are whole hours, floored, matching the accrual cron.
Nothing on this page states or implies a monetary value for KERNE, and none is derivable from it. KERNE has no pool, no listing and no price source. The figures above are token counts and position sizes; dividing one by the other produces a number that means nothing.
What this is not
A qualifying dollar-hour is a points balance, not a token. It becomes KERNE only at a token generation event, and no token generation event is scheduled or guaranteed. The allocation is a published policy commitment rather than an escrowed on-chain pool, and no contract exists today that converts either tranche into KERNE. If no distribution ever happens, all of it converts to nothing. The rule also has no Sybil resistance, which we state here rather than leaving it to be discovered.
Kerne has published a dated commitment that the first time any position clears the floor, that address and its qualifying dollar-hours are published on the disclosure page before the snapshot it counts toward. Kerne's own wallets are excluded from conversion entirely.
Every figure here, at its source
- The rule in full, with the exclusion list and the concentration table
- Program overview and the public leaderboard
- /api/por for the total kUSD supply that the floor is compared against
- The live standings as JSON, no wallet needed
- /facts.json for the same facts as machine-readable JSON, under genesis_scale_tranche
Standings lock at August 19, 2026 at 19:59 UTC, after which accrual stops mechanically rather than by hand.