Kaon
Akropolis is an Ethereum blockchain technology designed to provide decentralized autonomous financial solutions such as lending and borrowing. The platform attempts to provide tailored DeFi solutions through its own AkropolisOS framework for for-profit Decentralized Autonomous Organizations. The Ethereum-based network also offers unsecured lending via a separate platform known as Sparta. In addition, Akropolis has created a yield farming platform called Delphi and a Dollar Cost Averaging tool for cryptocurrency investors.
Ana Andrianova and Kate Kurbanova are the brains behind Akropolis. Before starting Akropolis, Andrianova co-founded Apiro Capital and was the company's managing director. Apiro was a data-driven investment management organization. Also, she held positions as an analyst for Emergent Asset Management, a hedge fund focused on emerging markets, and a fund manager for Lehman Brothers.
Kate worked as a consultant for several companies, including The Bee Token, the Web3 Foundation, Tenzorum, and OpenMaker. Before joining Akropolis, Kate was the head of analytics for a company called "Cindicator," which provides intelligence on crypto-assets. During her tenure at the crypto intelligence company, she built crypto tools, and processes and wrote the whitepaper for the CND token. Kurbanova initially joined Akropolis as a full-time employee and was eventually promoted to the status of co-founder in recognition of her accomplishments.
The project's goal is to eliminate the necessity for centralized authority and to assist developers in regaining full control over the dApps they produce. Akropolis is already linked with platforms like Ethereum, Aave, Compound, and Maker so that this model of operation can be enforced, and network users can easily integrate DeFi platforms and dApp networks. dApp developers can incorporate these protocols into any service they provide.
AkropolisOS: The Akropolis team has created an SDK called AkropolisOS to help programsrs build decentralized applications (dapps) for use on the Akropolis network.
The SDK comes with a set of smart contract modules that developers can use to make their decentralized apps more specific to their needs. AkropolisOS also provides tools to manage the integration of various DeFi protocols (such as Compound and Maker).
Sparta and Delphi: Sparta and Delphi are two decentralized applications (dapps) produced by the Akropolis team using the AkropolisOS architecture.
Sparta allows borrowers to get loans with as little as 50% collateral and lenders to supply liquidity to the protocol in exchange for interest.
Delphi, on the other hand, offers users access to a diverse array of yield farming possibilities in the DeFi sector, chosen by the platform's curators.
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Zero collateral loans: Akropolis provides cryptocurrency loans with no collateral. The platform guarantees this type of lending by rewarding users with the Akropolis native token 'AKRO' for producing appropriate risk assessments on the loans.
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Yield Farming: Akropolis provides Yield farming aggregation on its platform. Users can compute their average buying price of the assets in which they are invested or interested using automated Dollar Cost Averaging.
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Multi Chain: Akropolis is created on the Ethereum blockchain DeFi protocol. The platform works with the Gnosis and Solana blockchains, which gives it a large number of users and makes the entire DeFi ecosystem profitable.
DATE NEWS/EVENTS IMPACT 05/02/2021 Reef Finance collaborates with Akropolis, a leading DeFi protocol that builds decentralized and autonomous community economies +52% Increase 30/11/2020 Yearn partners with Akropolis to increase institutional outreach +33% Increase 13/11/2020 DeFi Akropolis falls following a USD 2 million heavy hack -20% Decrease
Akropolis is a well-known project in the DeFi industry due to its innovative usage of AFOs and the AkropolisOS framework, which allows developers to host and create finance-centric decentralized applications. As the number of dApps on the network grows, so does the number of developers and users. This is a response to the growing popularity of decentralized finance.
With exciting technology and DeFi use cases via multiple dApps on the network, Akropolis has become appealing to investors who believe in the future of decentralized finance.
