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Reading: Akropolis (AKRO): A Decentralized Financial Protocol on Ethereum
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Latest cryptocurrency news > ALTCOIN > Akropolis (AKRO): A Decentralized Financial Protocol on Ethereum
ALTCOIN

Akropolis (AKRO): A Decentralized Financial Protocol on Ethereum

BH NEWS
Last updated: 25 November 2023 23:52
BH NEWS 2 years ago
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Akropolis (AKRO) is a decentralized financial protocol built on Ethereum. The goal of Akropolis developers is to create an autonomous financial ecosystem for savings and wealth accumulation. Akropolis achieves this by offering functions such as smart contract-based lending and borrowing to its users.

This cryptocurrency and blockchain project, known for products like AkropolisOS, provides a profit-focused framework and is used to develop decentralized autonomous organizations. Sparta, developed for collateral-free credit system, is among the most notable products of Akropolis. The latest product, Delphi, is a yield farming application developed for the dollar-cost averaging system.

AKRO Coin is the fundamental component and cryptocurrency of this entire ecosystem. Users need to own AKRO or deposit AKRO to engage in transactions in the aforementioned systems. AKRO, an ERC-20 based cryptocurrency, was first announced in March 2018 but fully launched in 2020.

The Akropolis team, founded in 2017, is behind AKRO Coin. Co-founders Ana Andrianova and Kate Kurbanova are prominent among them. Akropolis is listed as the 175th largest cryptocurrency in terms of total market value. AKRO Coin, with a unit price of $0.04576, has seen an increase in price in the last 24 hours. With a total supply of 4 million, the circulating supply of AKRO is approximately 2.5 million. The total market value of AKRO is around $117 million. It is known that AKRO holds an important position in the growing DeFi world.

To buy AKRO Coin, one can use Binance, the world’s largest cryptocurrency exchange. AKRO, newly listed on Binance, can currently be purchased on Binance with USDT and BTC trading pairs. Choosing Binance provides advantages in terms of liquidity for users, which means faster order processing and security.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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