What Is Kaon (AKRO)?
Kaon, formerly known as Akropolis, started as a decentralized finance protocol and has evolved into a trust-minimized Bitcoin ecosystem. Initially launched as an Ethereum-based platform to provide alternative yield sources, Kaon now focuses on building the most secure way to deliver Bitcoin yield - via the creation of a UTXO-native EVM chain with integrated staking capabilities. In doing so, Kaon will make Bitcoin staking and yield secure, scalable, and open to the entire crypto ecosystem.
Kaon's mission, as based on the foundation originally laid by Akropolis, continues to be the construct of an alternative financial system that is uncorrelated to traditional financial markets. And in doing so, provide the most secure yield that crypto can offer.
The AKRO token remains central to protocol governance and plays a crucial role across the ecosystem.
Who Are the Minds Behind Kaon?
Kaon operates as a DAO driven by key contributors and long-standing community members. As a DAO, its key technical contributors have spent over 20,000 developer-hours dissecting, forking, and building in the Bitcoin ecosystem. The technical contributors also have backgrounds as security engineers, having audited the likes of Curve and 1Inch, and securing over $10bn+ TVL in crypto while holding patents in the areas of machine learning and blockchain.
Across the core DAO team, members have collectively launched over 6 different companies with multiple exits. Core members come with experiences from JP Morgan, Hedera Hashgraph, multi-billion dollar family offices, and more, and have academic backgrounds from MIT, Oxford, Cambridge, and London Business School.
What Makes Kaon Unique?
Kaon is a UTXO-native Bitcoin L1 blockchain with EVM composability whose mission is to bring secure yield that is uncorrelated with traditional markets to the crypto ecosystem. It is the first Bitcoin infrastructure layer that removes the systemic security risks inherent in bridge-, multisig-, oracle-, and rollup-based designs. The result is a bridge-less and oracle-less essential infrastructure layer that not only offers the first cryptographically secure wrapped BTC, but goes further and makes Bitcoin DeFi and yield generation interoperable, composable and scalable.
How Many Kaon (AKRO) Coins Are There in Circulation?
Kaon has a fixed maximum supply of 15 billion AKRO tokens.
Where Can You Buy Kaon (AKRO)?
AKRO was first listed on Huobi Global, but it is now available for purchase on a number of major exchanges, including Binance, MXC.COM, KuCoin and Uniswap (V2). AKRO can be traded against fiat currencies such as the U.S. dollar, cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) and stablecoins such as Tether (USDT) and USD Coin (USDC). Are you interested in buying AKRO or other cryptocurrencies such as Bitcoin)? CoinMarketCap has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins.