The Kairos NFT index token is an ERC-20 that represents a collection of NFTs. It allows users to gain exposure to a diversified group of NFTs through a single token, similar to an index fund in traditional finance. It provides convenience, diversification, and potentially lower transaction costs compared to buying individual NFTs separately. The shared vault will be composed of 80% top-tier blue-chip NFTs and 20% $ETH. 

This experimentation is initially open to a limited group of people. For two weeks, it will be possible to deposit liquidity. Each person depositing into the pool during the initialization will be rewarded with an extra boost and gain access to the Kairos Index Token representing shares of the NFTs. During this two-week period, it is possible to withdraw liquidity at any time and without any fees.

Following the initialization phase, funds will be locked during a period of two weeks. During this time period, a new open source smart contract will be deployed for users to inspect. This contract will handle the actual logic of the token.

The users will then have a one week period to assess its code, in an effort to be transparent on the inner workings of this system. Funds can be withdrawn during this week without any fees. The funds available after this period will then be automatically transformed in shares of the vaults at a boosted exchange rate as a reward for being early.

This two 3-step mechanism ensures the security of user funds and facilitates the development of the NFT token index.

If the $ETH deposit threshold exceeds 20%, blue chip NFTs will be purchased, and if it falls below 20%, NFTs will be sold.

The NFTs to buy will initially be selected by a team of experts and the community. Then, an efficient and decentralized process will be gradually put in place.

Every 4 hours, it will be possible to enter or exit the vault based on the estimated value by Chainlink, the $ETH in the vault, and each person's proportional share. A Uniswap pool will  be set up later on to enable faster exchanges.

Ultimately, all selection and decision-making processes will be decentralized, optimizing the yield and exposure of this NFT Index Token.