KIP002 - Community Takeover and Focused Development Path

Executive Summary

Due to significant market changes and decreased liquidity, continuing as a Bitcoin Layer 1 solution is no longer viable for KAON. This proposal outlines a realistic pivot to transition KAON to community governance while developing a focused BTCfi aggregator platform with basic AI capabilities.

We will focus on developing a minimal viable product with few BTCfi integrations and a clear community handover milestone. This approach enables us to effectively utilize our current financial and developer resources, ensuring sustainable development for KAON token holders. Each stage will deliver concrete, measurable outcomes that strengthen community trust and build a solid foundation for future growth.

Core Objectives

Focused BTCfi Aggregator Development

• Build a lightweight aggregator integrating 1 BTCfi project initially.
• Focus on basic portfolio tracking and simple yield comparison features.
• Implement a sustainable revenue model with minimal operational costs.
• Create a simple discount system for KAON holders.

Community-Driven Governance

• Transition to community control under Exoldy’s leadership with our publicly identified dev team.
• Establish transparent decision-making processes with achievable milestones.
• Set clear handover KPIs for the development team.#