1. What is Kine?

KINE is a type of token that has the following characteristics:

1. Decentralization and Dispersal: KINE is a token that operates on a blockchain, characterized by decentralization and dispersal.

2. Unique Trading Model: KINE adopts a "Peer-to-Pool" trading model instead of the traditional order book mechanism. This means it can provide "infinite liquidity" for derivatives, offering traders zero slippage and high leverage.

3. Professional Development Team: KINE was developed by a group of professional blockchain engineers and financial experts, aimed at providing users with unique features and potential.

4. Different from Traditional DeFi Products: KINE's design combines on-chain staking and off-chain trading architecture, offering solutions distinct from traditional DeFi products.

2. Who founded Kine?

The founder of Kine Protocol is Lei Wang. He graduated with a computer science degree from Imperial College London and has over 15 years of experience in traditional investment banking, having worked at renowned institutions such as Merrill Lynch, HSBC, Standard Chartered, and Citibank.

3. Which venture capitalists invested in Kine?

According to the provided information, Kine Protocol's investors include the following institutions:

1. Krypital: Located in the Cayman Islands, established in 2017.
2. OKEx: Located in Hong Kong, founded in 2017.
3. Blockchain Capital: Based in the United States, founded in 2013.
4. CMS Holdings: Located in the United States, established in 2019.
5. Ascensive Assets: Established in 2019, specific location undisclosed.
6. Bixin: Located in mainland China, founded in 2017.
7. Volt Capital: Located in the United States, established in 2020.
8. Other Funds: Includes a UK fund (established in 2007) and a mainland China fund (established in 2019).

4. How does Kine operate?

Kine is a decentralized derivatives trading platform, operating as follows:

1. Decentralized Staking: Users can stake ETH, WBTC, mainstream stablecoins, KINE (the platform's token), and other major ERC20 tokens in smart futures, minting kUSD, and then trade on the platform through off-chain matching.

2. Peer-to-Pool Trading: Kine utilizes a "peer-to-pool" model to provide "infinite liquidity" for derivatives in a DeFi manner. This model creates a liquidity pool by the platform, mostly funded by DeFi users who act as the final counterparties for trading users through over-collateralization.

3. Security: Kine ensures the absolute safety of user assets through five security measures, including:

4. User assets are fully managed by smart futures, eliminating reliance on centralized storage by exchanges.

5. Deposits and withdrawals do not require manual review, operated through smart futures.

6. Even if the trading platform experiences downtime or malfunctions, users can still retrieve their assets by invoking smart futures.

7. Futures code undergoes reviews by authoritative auditing institutions, ensuring code quality and safety.

8. Obtained the US MSB compliance license, further demonstrating respect for compliance and regulation.

9. Fairness: The Kine trading platform provides users with a genuinely fair trading environment, eliminating the privileges of market makers, ensuring all users can trade on an equal footing.

10. Transparency: Kine trading platform data is public and transparent; users can query through multiple methods, thoroughly ensuring trading transparency.

11. Technical Advantages: Kine trading platform’s PerpFutures employs a peer-to-pool trading liquidity mechanism, combining high-performance oracles with liquidity pools, separating the trading engine from the clearing and settlement engine, providing users the benefits of gas fee-free transactions and millisecond-level execution with low-cost trading.