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Akropolis

AKRO

  • DeFi
Established Year
2017
Operating Status
Active
Ecosystem
EthereumBNB ChainArbitrum
Akropolis is a provider of DeFi products that give users access to efficient and sustainable passive yield generation on multiple chains. The goal of Akropolis is to create yield-generating products that don't mainly rely on inflationary emissions as the main source of yield and that generate returns regardless of market conditions. Akropolis's products include Vortex, an on-chain basis trading strategy that aims to generate long-term, sustainable, and rewarding yields while remaining market-neutral; and yVaults, which provide streamlined and simplified access to select Yearn vaults to optimize yields.

Organisation

Team

Financial Portfolio

Funding

N/A
1 Investors
N/A

Frequently Asked Questions

What Is Akropolis (AKRO)?

Akropolis is a company that operates an Ethereum-based [decentralized finance](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance) protocol that seeks to provide an autonomous financial ecosystem for saving and growing wealth, including through borrowing and lending. To do so, it offers a series of products including AkropolisOS, a framework for developing for-profit [decentralized autonomous organizations](https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao), Sparta, a platform for uncollateralized lending, and Delphi, a [yield farming](https://coinmarketcap.com/alexandria/glossary/yield-farming) aggregator and tool for dollar-cost averaging. The project uses an [ERC-20 token](https://coinmarketcap.com/alexandria/glossary/erc-20), AKRO, for protocol governance across its suite of products. Akropoli was first [announced](https://medium.com/akropolis/introducing-pensions-backed-by-blockchain-fdf14e45fe97) in March 2018, [launching](https://medium.com/akropolis/just-in-akropolis-protocol-is-live-c66bce849ef7) on the Ethereum mainnet in June 2020.