KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft | Peppa Pulse – The Philosophical Archive of Peppa: Thoughts on Time, Value, and Civilization

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft KAI.COM

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft 

Model Token

KBU KAI Benchmark Unit

KCU KAI Compute Unit

KBU。

KCR KAI Compute Receipt

KMG KAI Metering Gateway

KAI 100 KAI Compute Price Index

KCH KAI Clearing House

KCG KAI Consumption Gateway

KMS KAI Market Surveillance

H100·h

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

Phase 0

Phase 0 KCR 远期/RFQ

Phase 1

Phase 2

Phase 3

Phase 3 KAI 100 数据/API

Phase 4

KCU-M Micro KCU-Q Quarterly KCU-P Perpetual

1 KCU 1,000 KCU 1 KCU

USDT per KCU USDT per 1,000 KCU USDT per KCU

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

ADL

Client/Broker API -> Pre-Trade Risk Gateway KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft -> Matching Engine / CLOB -> Trade Capture -> Clearing Engine / Margin -> Settlement & Custody -> Market Data Feed / Surveillance / Audit Logs Consumption API -> Routing Engine -> KMG Metering -> Supplier Settlement -> KAI100 Data Layer

KMG

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

Phase 0A

Phase 0B

Phase 0C

Phase 1

Phase 2

Phase 3

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

Consumer Account

Developer / SME Account

Compute Supplier Member

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

Institutional Trading Member

Market Maker Member

Clearing Member / Broker

Index/Data Subscriber

7B / 32B / 70B / MoE

FP16 / BF16 / INT8 / INT4

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

8K / 32K / 128K / 1M

SLA

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

Index Committee

Risk Committee

Listing/Product Committee

Supplier Review Board

Market Surveillance

Compliance Office

Technology & Security

Demo

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft

KAI Compute Unit Quarterly Futures

KCU-Q-YYYYMM

USDT per KCU 或 USD equivalent per KCU

KCR ID

Issuer / Supplier ID

KCU Quantity

Delivery Window

Region / Jurisdiction

Hardware Class

Model Class

SLA

Metering Method

Performance Bond

Transferability

Consumption Eligibility

KAI.COM Token Exchange Master Plan V2.0 | Strategic Design Draft Default Rules

Audit Trail

[R1] CME Group, Definition of a Futures Contract: exchange-traded futures contract specifies quality, quantity, physical delivery time and location.  [R2] CFTC, Economic Purpose of Futures Markets and How They Work: margin, initial margin, maintenance margin, daily mark-to-market and variation margin.  [R3] Nasdaq Marketplace Technology, Matching Engines: matching engines support transparent price discovery and fair, orderly execution.  [R4] BIS CPMI-IOSCO, Principles for Financial Market Infrastructures: international standards for payment systems, central securities depositories, securities settlement systems, central counterparties and trade repositories.  [R5] IOSCO, Principles for Financial Benchmarks: governance, benchmark quality, methodology transparency and accountability for financial benchmarks.  [R6] MLCommons / MLPerf: open industry-standard benchmarks and measurement frameworks for AI performance and reliability.  [R7] Hong Kong SFC, Virtual Asset Trading Platform Operators: Type 1/Type 7 and VATP licensing framework references.  [R8] Dubai VARA Exchange Services Rulebook and ETD Services Rules: exchange services, derivatives, margin/leverage and client suitability references.  [R9] Singapore MAS CMS Licence: regulated activities under Securities and Futures Act 2001 require capital markets services licence.