Who Should Use Kaon?
Kaon is enabling Bitcoin-based capital markets by offering the first interoperable and composable UTXO-native infrastructure that is driven by public consensus mechanisms. Designed for retail and institutional participants alike, Kaon delivers trustless, secure, and scalable solutions, unlocking opportunities for financial innovation and development within Bitcoin's ecosystem.
What is Kaon?
Kaon is a Bitcoin L1 that combines Bitcoin's UTXO model with cross-chain development solutions to make Bitcoin scalable and interoperable. Kaon combines native Bitcoin security and privacy with features like cryptographically verifiable BTC assets, bridgeless cross-chain interactions, and trustless smart contract functionality to make simplify cross-chain BTC DeFi.
Key Features of Kaon
Public Consensus Kaon is driven end-to-end by public consensus mechanisms, so users can avoid centralized points of failure and having to rely on trust-based infrastructure.
UTXO-Native Architecture Kaon's core design is Bitcoin-native, offering cryptographic verifiability for BTC assets and enabling advanced financial instruments without the need for bridges or external oracles.
Trustless Interoperability With Kaon, BTC holders can engage in cross-chain operations like lending, borrowing, or staking without reliance on bridges, oracles, or other intermediaries, ensuring security and transparency.
Gasless Transactions Kaon offers gasless transactions, allowing users the ability to interact with dapps without having to hold native gas tokens.
High Throughput / Low Gas Fees
| Feature | Specification |
|---|---|
Throughput | 1100 TPS |
Block Time | 8 seconds |
Gas Fees | < $0.01 |
How Users Can Benefit
Kaon creates opportunities for a diverse range of users:
Retail Users: Access trustless yield, staking opportunities, cross-chain lending and more, all powered by native BTC.
Institutional Participants: Tap into secure lending, borrowing, and collateralization markets that prioritize security, transparency and efficiency.
Developers: Build on Kaon’s advanced infrastructure to create scalable, interoperable dApps and financial products tailored for Bitcoin users.
Examples of Kaon in Action
Kaon’s capabilities transform how BTC is utilized in DeFi:
Bridgeless Cross-Chain Collateral: Borrow directly on AAVE using BTC without the trouble of bridging or experiencing intermediary risks.
Trustless BTC Yield: Earn native staking rewards directly within Kaon’s ecosystem without custodial interference.
Automated Lending Markets: Participate in trustless, overnight repo markets to increase capital efficiency.
Get Started with Kaon
Kaon is designed to be accessible for everyone, from first-time users to seasoned institutions. Join us in building a trustless, composable, and Bitcoin-based capital markets future.
The testnet is currently live, and we encourage everyone to explore. Users can learn more here.
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