Akropolis wants to provide its customers the power to develop new DeFi protocols as well as build their crypto-asset holdings by allowing them to administer a suite of DeFi dapps. That’s because any protocol or dapp created on AkropolisOS functions as an Autonomous Finance Organization (AFO), which means it may function without the involvement of a third party.
AFOs are member-owned financial organizations that operate as a firm but without the need for hierarchical administration. They are constructed on a distributed network.
Akropolis was planned as a distributed savings and pensions fund, a response to what it called “a coming pension deficit apocalypse” arising from the eventual collapse of state pension systems in its inaugural announcement. However, the business announced in August 2020 that it had moved its attention to constructing the fundamental foundation for such a system by launching AkropolisOS, which would allow for the fast deployment of for-profit capital pools.
Akropolis began with the intention of establishing a dispersed savings and pension fund, but it has evolved into much more. The AkropolisOS platform, which allows designers to create financial protocols, dApps, and DAOs, was the start.
The whole toolset enables the building of decentralized finance solutions based on smart contracts. Developers may utilize AkropolisOS to construct platforms that allow users to invest, lend, save, and profit from their cryptocurrency holdings. It’s even come up with a means to make under-collateralized loans, which is a novel take on DeFi.
It operates by forming and controlling capital pools that are governed by the DAO. The capital pools can be set up to provide any financial outcome.
Lending groups, savings pools, insurance pools, pension fund pools, group investment pools, and any other financial pool you can think of fall into this category. Members of the pool DAO are compensated for providing liquidity, staking to offer loans, and voting in the pool.
What is Akropolis [AKRO]?
Akropolis is a decentralized finance protocol based on Ethereum that aims to offer an independent financial ecosystem for saving and increasing wealth, including through lending and borrowing. AkropolisOS, a platform for establishing for-profit decentralized autonomous organizations, Sparta, a network for collateral-free financing, and Delphi, a yield farming integrator and tool for dollar-cost averaging, are among the goods it offers.
AKRO, an ERC-20 token, is used by the project for protocol governance throughout its whole range of goods.
Akropoli was initially announced in March of this year, with plans to deploy on the Ethereum mainnet in June 2020.
Who Is The Founder of Akropolis [AKRO]?
Ana Andrianova launched Akropoli in 2017, with Kate Kurbanova participating as a co-founder later.
Andrianova co-founded and served as managing director of Apiro Capital, a data- and technology-driven wealth management business, as well as launching venture capital advising firm Sirin Capital, before establishing Akropolis and acting as its CEO. She has also worked as a wealth manager for Lehman Brothers and as a developing markets investment bank researcher for Emergent Asset Management, where she was in charge of venture capital strategy. Kurbanova has also acted as a consultant for The Bee Token, the Web3 Foundation, Tenzorum, and OpenMaker.
Kurbanova joined Akropolis as an advisor in January 2018 and was hired as a full-time worker in June 2018, earning her the title of co-founder for her contributions to the project. Kurbanova was formerly the chief of analytics at Cindicator, a crypto-asset intelligence firm, where she built analytical tools and techniques and co-authored the company’s CND token concept and white paper. She has also worked with Svandis as a community and product adviser.
What Makes Akropolis Unique?
DeFi now offers excellent prospects for profit through staking, yield farming, and liquidity providing. Varied DeFi protocols, on the other hand, provide different options for yield creation and farming, which might be confusing for DeFi rookies and those who don’t have time to keep up with the latest developments.
Akropolis unifies diverse yield-farming and yield-generating pools into a single interface, addressing a key issue for new DeFi users: a simple and user-friendly interface with clear and straightforward information.
Another useful feature is the ability to implement an automatic dollar-cost average (DCA) technique into assets/liquidity pools, which is aimed at long-term investors. Because all funds are pooled and batched to minimize gas expenses, Akropolis reduces operating costs for such enterprises.
We are continually upgrading and introducing more user-friendly features based on community input and best practices in the industry. Akropolis also pays great attention to UI/UX design to make it easy and comprehensible for end-users (novice or professionals).
AkropolisOS is a flexible Solidity-based system for the construction and management of decentralized financial pools. It is the foundation for the company’s Sparta and Delphi platforms, with the former enabling opportunity to access uncollateralized loans. Unlike other DeFi protocols, Akropolis claims that its products mitigate the risk connected with these loans by rewarding community members with AKRO for delivering appropriate risk evaluations.
In December 2018, the firm revealed some details about its business plan, stating that it will concentrate on growing a pipeline of institutional partners and clients, fostering technological and academic relationships, and expanding the Akropolis ecosystem. It also has a large number of AKRO that will be utilized for internal operations like marketing and creating partnerships.
Where Can You Buy Akropolis [AKRO]?
AKRO has been featured on several cryptocurrency exchanges, however, unlike other major cryptocurrencies, it cannot be purchased directly with fiat currency. However, you may still acquire this currency by first purchasing Bitcoin, Ethereum, or USDT from any significant exchange and then transferring to an exchange that trades this coin. In this post, we will walk you through the methods to purchase AKRO in detail.
To begin, you’ll need to purchase one of the major cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), or Tether (USDT). We’ll choose Binance Exchange because it’s one of the most popular fiat-accepting crypto exchanges.
Akropolis AKRO is also available on a variety of platforms other than Binance. These renowned platforms are Bittrex, Poloneix, huobi, gate.io, and coinbase.
Frequently Asked Questions
Is it possible to purchase AKRO with cash?
No. Akropolis is currently unavailable for purchase using fiat currencies on any of the supported exchanges. You may, however, buy Bitcoin with fiat currency and subsequently convert it for Akropolis.
What exactly is the Akropolis token?
The Akropolis platform is managed and governed by the AKRO token, which is a cryptocurrency. Anyone who owns AKRO has the ability to vote on suggestions that will change the network’s regulations.
On what factors does the price of the Akropolis Network [AKRO] Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Akropolis’s price and market cap.
Akropolis Official website – https://delphi.akropolis.io/
Akropolis Twitter – https://twitter.com/akropolisio
Akropolis Medium – https://medium.com/akropolis