2023 Q3

(1) Github Code Open Source:

We will open source the contracts related to lending, oracle, staking, and other functionalities on Github to enhance the community's trust in the project.

(2) Konomi Cross-Chain Integration:

Due to the high gas fees on the Ethereum mainnet, users have provided feedback that participating in staking and lending with Kono incurs significant costs. As a result, we have decided to enable cross-chain functionality by bridging a portion of Kono tokens to Arbitrum.

(3) Floating-Rate Staking with Kono Savings:

Following the cross-chain integration, we will launch the "Kono Savings" product on both the Ethereum mainnet and the Arbitrum network. Users can deposit their unused Kono tokens into this product to earn interest. The interest will be calculated based on blocks and can be withdrawn at any time.

The annualized interest rate formula for "Kono Savings" is as follows:

Annualized Interest Rate = Base Rate + Pool Rate + Individual Rate

• Base Rate: Determined through community voting, the tentative Base Rate options are 2%, 2.5%, and 3% per annum.

• Pool Rate: The more Kono tokens in the staking pool, the higher the Pool Rate will be.

• Individual Rate: "We will rank and reward participants based on the current staked amounts in all wallets."

2023 Q4

(1) Asset Portfolio Token:

In Q4 2023, Kono will introduce an original Asset Portfolio Token. This token is designed based on the Capital Asset Pricing Model (CAPM), which follows the formula:

Combined with mean-variance analysis. As market risk (Market Risk) cannot be eliminated, our approach is to mitigate specific risks (Unique Risk) through diversification of investments. Modern Portfolio Theory highlights that diversification can effectively eliminate specific risks.

Additionally, we will consider selecting Beta investment strategies that align with the different portfolio's maximum risk tolerance. Users who purchase the Asset Portfolio Token will pay a certain amount of Kono as a packaging fee, and we will completely burn this portion of Kono.

We will package a series of tokens with varying expected risks to create different Asset Portfolio Tokens, assisting users in identifying the efficiency frontier and maximizing returns.

Expect Return：

Example：

(2) Asset Portfolio Token-based Lending Platform:

After the development of the Asset Portfolio Token is completed, we will leverage Kono's existing traditional asset lending platform to expand its capabilities. This expansion will enable users to borrow using the tokens issued by the platform. By doing so, users can not only generate additional income from their Asset Portfolio Tokens but also enhance the efficiency of their asset utilization through lending.

(3) Continuous Token Empowerment:

We will actively engage with other projects, and users participating in Kono staking will receive earnings from these collaborations.

Kono will be utilized as the transaction fee for platform oracles, lending, and Asset Portfolio Tokens. To ensure a continuous deflationary mechanism, we will burn 100% of all received transaction fees, thus enabling Kono to maintain its deflationary nature over time.