Review on Akropolis by Toprak Dere
About Akropolis (AKRO) Coin
Acropolis is an Ethereum project that aims to provide the framework and tools for users to create (DeFi) products for borrowing, lending and investing.
Developers can create DeFi products through AkropolisOS, a Solidity framework for building and managing complex applications and protocols.
The AKRO is the local government token of the Acropolis and is used to vote in the management of the platform and to collect revenue dividends from Acropolis-based products. In the future, the AKRO will also be used to participate in AkroChain's Proof of Stake consensus mechanism.
As of writing, there are two products built on the Acropolis:
Sparta: A lending protocol where liquidity providers can earn interest by providing assets for others to borrow. Borrowers in Sparta are allowed to borrow assets up to 200% of the value of the assets guaranteed.
Delphi: A yield aggregator that allows users to earn return on savings, earn reward tokens from integrated protocols, and invest in variable assets (either with an active approach or a passive dollar cost averaging strategy)
Pros
- Although Akropolis Coine investors have a positive attitude, it is seen that they generally adopt cautious approaches. Although people are very confident in the platform behind the token, they seem to prefer to take reliable steps in investing due to the current cryptocurrency market situation.
- AKRO Coin is a crypto currency used in various payments and rewards on the Akropolis platform.
Cons
- not listed in most exchanges
- the project should be developed and supported more
