HTX Primelist

Kaon is a blockchain platform designed to integrate Bitcoin with Ethereum Virtual Machine (EVM) capabilities, enabling seamless cross-chain interactions. It operates as a Bitcoin sidechain, utilizing Bitcoin Core code alongside a Delegated Proof of Stake (dPoS) consensus mechanism. This architecture allows users to purchase Bitcoin directly using EVM-compatible wallets like MetaMask and transfer it to their Bitcoin wallets through specific OP_CODEs or smart contract addresses. Kaon's open architecture ensures transparency and security by allowing every transaction to be openly verified on the blockchain. The platform employs a cross-chain consensus mechanism called Galaxy, which utilizes Store Groups, Shamir polynomials, and Threshold Signature Scheme (TSS) signatures for secure cross-chain operations. Validators in the Kaon network are selected through a public voting process, ensuring decentralization and security. The native token, $KAON, is used for staking and governance within the network. Kaon also supports the creation of Mirrored BTC, a digital twin of Bitcoin on the Kaon blockchain, facilitating interoperability between Bitcoin and EVM-compatible chains. The platform's design emphasizes flexibility, transparency, and security, aiming to bridge the gap between Bitcoin and Ethereum ecosystems. Kaon's innovative approach leverages existing blockchain technologies to provide a user-friendly and secure environment for cross-chain.

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Optimization of the rules for optimizing the currency rules:1. Trading method: Users can trade in the HT trading area&nbsp;of the Firecoin&nbsp;Global Station;&nbsp;2. Participation qualification: The third period of Huobi Prime begins at the beginning of this period (May 22 00) :00:00-7, 15th, 23:59:59) The minimum daily position reaches 1000 HT;&nbsp;(The next Prime qualification is still the lowest daily position in the period from the current period to the beginning of the next period)&nbsp;3. Trading Rules:&nbsp;Settings The ladder price limit period is divided into two rounds, each round is 10 minutes, and the liquidation is settled for 10 minutes for a total of 20 minutes. Each limit is set to a limit price range (the highest tradable price), and the user can trade in a limited price range.&nbsp;The first round is a random matching transaction. Users with trading quotas can hang out the limit buy order at the trading time. At the end of the trading time, the system will randomly select a fixed proportion of users to conduct the transaction (the random mode specific rules will be announced later).&nbsp;The second round is a match-by-sale match. Users with a trading quota can hang a limit buy order at the time of the transaction. At the end of the trading period, for all buy orders for the purchase price, the system will perform a match-by-sale match:&nbsp;(1) All There will be some transactions for the pending orders for the purchase of one price;&nbsp;(2) The expected volume of each&nbsp;purchase order is&nbsp;directly proportional to the total amount of the&nbsp;purchase order&nbsp;;&nbsp;(3) The estimated volume of the user is as follows: <img src="https://huobiglobal.zendesk.com/hc/article_attachments/360000550182/mceclip0.png" alt="Mceclip0.png">The specific time and the proportion of each round of distribution are as follows:&nbsp;Limit period: 20:00 on July 16, 2019 - 20:29:29 on July 16, 2019; the limit period is divided into two rounds, 10 minutes each, in the middle 10 minutes as the liquidation time.&nbsp;The first round: 20:00:00-20:09:59; trading 20% ​​tokens;&nbsp;liquidation settlement: 20:10:00-20:19:59&nbsp;second round: 20:20:00-20:29: 59; trading 80% tokens;4. The transaction limit (corresponding to the HT exchange ratio will be announced on the day of the purchase):&nbsp;Long-term continuous holding of HT users will receive a larger order amount, the calculation rule is:&nbsp;the order amount is equal to the third period Huobi Prime to the beginning of the current period (May 22, 00:00:00-7, 15:23:59:59) The minimum daily HT position, the lower limit is 1000HT, the upper limit is 5000HT; for example, if the minimum position of a user is 6500HT, the order amount is 5000HT.&nbsp;After each round of ordering, the system will complete the order according to the rules.Project Information:Project Name: Akropolis (AKT)&nbsp;Total Pass: 4,000,000,000 AKT&nbsp;Total Transaction: 320,000,000 AKT (8% of total pass) The&nbsp;tradable volume per round is: 64,000,000 AKT, 256,000,000 AKT&nbsp;Price Limit: The two rounds of the limit price are: 1AKT = $0.005, $0.008125 (corresponding to the HT exchange ratio will be announced on the day of the purchase)

Kaon

Kaon is a Bitcoin native L1 with EVM compatibility.

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