1.1 Introduction After the pioneering and groundbreaking achievements by Hodgkin and Huxley (HH) regarding the properties of voltage dependence of Na + and K + currents in squid giant axon [1,2] and their mathematical model [3], a countless number of works have been devoted to the structure of K + channels and their modeling. These models can be loosely classified into structural and kinetic models. Structural models are based on crystal structures of K + channels and use molecular dynamics simulations [4,5], molecular docking [5], continuum electrostatic free energy calculations [6], etc. Their predictions can be usefully employed to better understand several aspects of K + channel function, such as permeation, selectivity, block and gating [7]. K + channels are aggregates of four of their components, called 'subunits', each consisting of six α-helical segments, S1-S6, which span the membrane and maintain a transmembrane disposition at all voltages. Four of them, S1-S4, constitute the voltage-sensor domain, and the remaining two, S5 and S6, contribute to the formation of the pore. According to the 'sliding helix' model of gating [8], the opening of the K + channel is accompanied by a slight outward movement of the positively charged S4 segments, elicited by a positive shift of the transmembrane potential ϕ m on the inner side of the membrane. The S4 segment moves along a hydrophilic pathway formed by the negatively charged residues of the S1, S2 and S3 segments. The outward movement of the S4 segments is equivalent to that of a positive charge, and is responsible for the passage of the ion channel from a closed to an open state. The transmembrane segments of K + channels are considered to affect the membrane voltage profile. The free energy F(X,ϕ m) for a given configuration X of the channel is considered to consist of the sum of a contribution F(X,0), at zero transmembrane potential ϕ m , and a voltage dependent contribution ΔF(X,ϕ m) = ϕ m Q(X) [9,10]. The 'effective charge' Q(X) is a sum of all charges q i of the given configuration, each multiplied by a dimensionless fraction ϕ x (r) of ϕ m at the position r i of the given charge, with ϕ x varying from 0 on the intracellular side of the membrane to 1 on its extracellular side. The ϕ x (r) profile is calculated on the basis of a linearized Poisson-Boltzmann equation that ignores the presence of charges within the hydrocarbon tail region and considers diffuse-layer charges on the two sides of the membrane, with space-dependent dielectric coefficient ε(r) and Debye-Hückel ionic screening factor κ(r). After taking the positions of the charges q i for a given configuration X from a trajectory generated from an all-atom molecular dynamics simulation with no transmembrane potential, these positions are used to calculate both ϕ x (r) via the Poisson-Boltzmann equation and the corresponding free energy contribution ΔF(X,ϕ m). By following the above procedure with a Kv1.2 channel in a lipid membrane, Jogini and Roux [11] concluded that the two outermost arginine residues of the S4 segments of all four subunits of the K + channel in its open configuration adopt an interfacial position, where they are well hydrated and establish salt bridges with the lipid headgroups. The negatively charged residues of the S1-S3 segments interact with the positively charged residues of S4 that are within the membrane, whereas the lipid headgroups interact with those that are located at the membrane interface. The ϕ x (r) profile sensed by the charged residues of the voltage sensor along the axis normal to the membrane Abstract A kinetic model accounting for all salient features of the K + channel of the squid giant axon, including the rising phase of the ON gating charge and the Cole-Moore effect, is provided. Upon accounting for a significant feature distinguishing K + , Na + and Ca 2 + channels from channel-forming peptides modeled in our previous 2016 BBA paper, the nucleation-and-growth kinetic model developed therein is extended to simulate ON ionic and gating currents of the K + channel of the squid giant axon at different depolarization potentials by the use of only two free parameters. K + channel opening is considered to proceed by progressive aggregation of single subunits, while they are moving their gating charge outward under depolarizing conditions within their tetrameric structure; K + channel closing proceeds in the opposite direction, by repolarization-induced disaggregation of subunits, accompanied by inward movement of their gating charge.