/biz/ - Business & Finance

Direct from the AMA

I was waiting for this question :) ADEL is a governance token specifically for Delphi. ADEL is an addition to AKRO token - AKRO is a governance token on a protocol level, while ADEL is a governance token on a product (Delphi) level.

There will be no sale of ADEL, people will be able to "farm" it using Delphi. This way we believe that Delphi users will be active in Delphi Governance. Farming ADEL is pretty easy - you would just need to supply liquidity via Delphi or stake AKRO there - this will give you both AKRO & ADEL (though different coefficients would apply as we want to bootstrap specific pools).

Thats a fuck you to the fud saying ADEL will make the AKRO token useless.

AKRO will grow stronger than ever anons

New update

https://medium.com/akropolis/notice-august-2020-token-move-to-institutional-grade-custody-807e2a8da358

They aint fucking around

New Market Maker

We are excited to announce a partnership

FalconX, as our exclusive market maker and liquidity provider.

FalconX is a digital asset trading platform that uses data science to provide clients best in class liquidity. It is a member of the Chicago DeFi Alliance and is backed by Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments.

The last scheduled pre-sale contributor distribution will take place on Aug 16 as usual.

As stated earlier, the Team has enough runway for 12+ months without the need to sell any more tokens from the Treasury. Future AKRO token unlocks will therefore be deployed as per the plan below:

Liquidity Development:

— Providing additional liquidity on a number of decentralised exchanges

— New and future CEX listings

— Liquidity mining incentives

Security

— Bug bounty programmes

Future partnershipsProduct Bootstrapping:

— Delphi:Bootstrapping Delphi via liquidity provision on AKRO-related Balancer & Uniswap pools, as well as via AKRO staking pool. The Team tokens will be ineligible for the AKRO liquidity mining and a cap will be applied to ADEL mining for the team. This should greatly boost the liquidity of AKRO across DEXes to improve the UX, which should serve as a positive driver for a new cohort of users.

Additionally, we have decided to extend the Team & Advisors vesting period by an additional duration until Jan 2021.

This is good news all round. More liquidity will prevent large dumps & the market maker will pump this shit.


AKRO has also been listed on Binance JEX. Yes this isnt much, but this tills me that Binance is watching and will likely list due to added MM liquidity.

Buy now Anons

Now is still a good time to buy.

Some of the 4chan shillers have started to FUD akro. This is a good signal. The price is moving up to fast for them to accumulate.

AKRO is going to 400m and we all know it.

Every pump has its dip, every FUDDER is a secret buyer.

Dont worry anons. This run has only just started.

Old link, but a needed reminder.

https://polkadot.network/akropolis-launches-proof-of-concept-chain-using-substrate/

This pump is only starting and when this launches on the Polkadot network expect another huge run.

Dont miss out. We're gonna make it anons

Here is your friendly, daily reminder that Akro will go to the moon.
New Intel: liquidity provision on DEXes and CEXes to be announced very soon, resulting in lower volatility; marketing to begin during/after August.
It is time to finish accumulating, boys.