Review on Akropolis by LUIS RIVERO R
Finance protocol still under development, still has few available projects listed.
The main utility of this project is to create a decentralized finance service, it seeks to create a greater inclusion in blockchain-based services, allowing to save, earn interest, request loans, among others. and most importantly there are no individual or geographic restrictions.
What is this Defi about?
In general, like other similar products, they allow the creation of savings and investment portfolios without having to go to the banking system or investment firms. You can use your loans backed by smart contracts or offer liquidity and receive interest on these savings.
For now, some of the functionalities are not available or are in the launch and testing phase, so some errors could be generated.
Token:
Some 4 billion tokens were created.
Utility; loans, backup funds, reward token, as well as being a governance token.
To start winning you simply have to bet the Akro tokens, provide liquidity.
In general, this project is still under development in many of its aspects, for this reason some of its services may not be available to date, I would recommend using it wisely since it may have errors related to the contracts that are executed, the main problem of This platform has to do with the available products since when accessing only a few can be seen, and with a small return that is not comparable with other Defis.
Pros
- Created contracts allow you to bet and earn interest for lending or simply saving your assets.
- Loans backed by cryptocurrencies.
- It has important integrations with other DEFI projects.
Cons
- Dividend payments are made every 15 days.
- There are not many assets available for loans.
- There are not many known cryptocurrencies to borrow.
