Roadmap

Synthetic dollar minted at 1:1 against USDC through an on-chain PSM with a 10 bps mint fee. First mint shipped 2026-05-14 (supply went 0 to 0.312455 in a single tx).

Autonomous bot opens a short perpetual position against the vault's ETH leg, sized to keep delta deviation under the 5% tolerance. Single hedge venue today; multi-venue is a scaling step in the backlog.

Bot publishes a signed JSON attestation every cycle. Total assets, total liabilities, solvency ratio, and delta deviation are all attested with the strategist key and persisted in the on-disk PoR archive.

Computed every minute as leverage times (Lido staking SMA + Hyperliquid 180-day trailing funding), net of strategy costs, insurance allocation, and protocol fee. The methodology string in the response cites the exact source files the formula reads from.

Linear forecaster trained on two years of hourly funding data. Refreshed every 30 minutes by the bot. Gated by an isLive freshness flag that returns null when the upstream is stale.

Hourly fragment accrual at 100 frags per kUSD per hour, with a 10% referrer bonus. Backed by a Postgres ledger on the Kerne VPS with TLS verify-full and hostssl-enforced authentication, hardened 2026-05-15.

Staking vault deployed at 0xdEd74F7E on 2026-05-11. Source verified on Sourcify (full match, 2026-05-14). Frontend Stake tab live on app.kerne.fi since 2026-05-14. Role rotation to 2-of-3 Safe (DEFAULT_ADMIN) and bot strategist (STRATEGIST) executed 2026-05-18.

Two public audits across all 80 contracts in May 2026. Both reports plus the resolution status of every critical and high-severity finding are published.

Public scope and payout schedule. Reports go to kerne.systems@protonmail.com.

Gauge proposal for a kUSD/USDC stable pool on Aerodrome (Base). Forum thread and initial seed liquidity preparation in progress.

Submission packets prepared; assisted submission flow running through the canonical kerne.systems support thread for both aggregators.

Preparation package complete; firm selection in progress. The audit firm name and scope will be published on /security/audits when the engagement is confirmed.

KerneVault has no live PAUSER_ROLE holder (legacy holder was revoked 2026-04-17). Auto-pause from the sentinel needs a Safe-signed grantRole(PAUSER_ROLE, Safe) followed by an operational pause smoke. Queued for the next 2-of-3 Safe convening. The skUSD role rotation listed alongside this item shipped 2026-05-18, see /security/skusd-admin-status.

Live v1 WETH vault has a documented share-supply degraded state (totalSupply approximately 4.87e36 kLP versus 0.119 WETH backing). New WETH deposits are guarded by the isVaultDegraded flag; the v2 redeploy spec is written. PSM mint path is unaffected and remains the live revenue surface.

Dual-feed Pyth and Chainlink oracle router with 200/500 bps tolerance is shipped in source but not yet deployed to Base. PSM today still reads single-feed Chainlink with the 1-hour staleness window.

Yield tokenization on Pendle once skUSD has sufficient TVL and a verifiable APY history. Spec preparation in progress.

Curator engagement in progress with Gauntlet and Steakhouse. Listing is gated on a TVL milestone and on the external audit firm engagement landing.

The cross-chain bridge stack is currently quarantined per the 2026-05-08 adversarial audit. Mainnet OFT deployment is deferred until that quarantine clears.

Today the bot hedges on Hyperliquid only. Adding redundant venues is a scaling step gated on a TVL milestone and on the bot multi-venue refactor.