What is Akropolis (AKRO)?
Akropolis is a protocol developed on the Ethereum blockchain to extend decentralized autonomous financial solutions like lending and borrowing. The platform strives to offer custom DeFi solutions with its very own AkropolisOS framework for Decentralized Autonomous Organizations that operate for profit. The Ethereum based platform also offers uncollateralized lending through its independent platform called Sparta. Besides this, Akropolis has also developed a yield farming platform called ‘Delphi’ and a ‘Dollar Cost Averaging’ mechanism for crypto investors.
| Launch Date | June, 2020 |
| Founder | Ana Andrianova, Kate Kurbanova |
| Blockchain Protocol | Ethereum Blockchain |
| Native Token | AKRO |
| Market Cap | ₹1,189,914,051 |
| Token Type | Utility |
| Circulating Supply | 4,187,622,826 AKRO |
| Max Supply | NA |
| Consensus Method | Proof of Stake |
WHO ARE THE FOUNDERS OF AKROPOLIS (AKRO)?
Akropolis was founded by Ana Andrianova and Kate Kurbanova. Before founding Akropolis Andrianova co-founded Apiro Capital and also served as the managing director. Apiro was a data centric investment management firm. She also worked as a fund manager for Lehman Brothers and an analyst for Emergent Asset Management – a hedge fund for emerging markets.
Kate worked as an advisor for The Bee Token, the Web3 Foundation, Tenzorum and OpenMaker. Before coming onboard with Akropolis, Kate worked as the head of analytics for a crypto-asset intelligence firm called ‘ Cindicator’. In her stint at the crypto intelligence firm she developed crypto tools and methodologies and also authored the whitepaper of CND token. Kurbanova joined as a full time employee in Akropolis and was later promoted to the position of a co-founder for her contributions.
HOW DOES AKROPOLIS (AKRO) WORK?
Akropolis focuses on maintaining a distributed network of capital pools through its platforms Sparta and Delphi. With no collateral the business model of Akropolis purely depends on the community behaviour. If users are able to offer accurate risk assessments, then they receive AKRO tokens as rewards.
WHAT MAKES AKROPOLIS (AKRO) UNIQUE USE CASES?
Zero collateral loans: Akropolis offers crypto loans without any collateral. The platform secures this kind of lending by offering rewards in Akropolis native token ‘AKRO’ for users who are able to produce accurate risk assessments on the loans.
Yield Farming: Akropolis offers Yield farming aggregation on its platform. With automated Dollar Cost Averaging, users can calculate their average buying price of the assets they are invested or interested in.
Multi Chain: Akropolis is developed on the Ethereum blockchain DeFi protocol. The platform is interoperable with Gnosis and Solana blockchain offering a substantial volume of users that makes the entire DeFi ecosystem lucrative.
AKROPOLIS (AKRO) PRICE ANALYSIS
- The native token of Akropolis was trading at ₹0.2847 at the time of writing.
- The total volume of the asset was at 1.778 K. The Simple Moving Average stood at 51.87 and its Relative Strength Index – (14 days)was 48.77 indicating a neutral sentiment for the asset.
- The current RSI also points the candlestick into the green zone as AKRO seem to gear up for a recovery trendline.
Source: TradingView
| Akropolis (AKRO) Price Today | ₹0.2847 |
| Price Change <Yearly> | NA |
| Market Dominance | 0.00% |
| Market Rank (as per CMC) | 714 |
| Market Cap | ₹1,192,615,941 |
| Fully Diluted Market Cap | ₹1,423,458,920 |
| ATH | ₹7.34 |
| ATL | ₹0.04426 |
HOW TO BUY Akropolis (AKRO) TOKEN IN INDIA?
If you are looking to buy Akropolis (AKRO) token in India, CoinDCX can be the best-suited place. Being India’s leading crypto exchange, CoinDCX is also one of the best Bitcoin and crypto apps for beginners. To begin with, all you have to do is,
- Download the CoinDCX App on your smartphone
- Enter the details required for registration
- Complete KYC
- Once your profile is verified, fund your CoinDCX wallet and buy Akropolis (AKRO)
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