/biz/ - Business & Finance

[Anonymous No.21889602]

Redpill me on AKRO

Do i go all in?

[Anonymous No.21889638]

yes.

[Anonymous No.21889723]

>>21889602
DYOR. The charts speak for themselves.

[Anonymous No.21889789]

>>21889602
defi for normies with great ui/ux, on both eth & polkadot. just fucking buy it

[Anonymous No.21889973]

>>21889602
Framework for making for-profit financial DAOs.
Akropolis is the governance token for the entire ecosystem.
Two working/nearly ready products on the framework:
- Sparta: Undercollateralized loans (50% collateral). Earn interest through lending tokens through simple UI.
- Delphi: Automated yeild farming for the masses. AKRO staking, automatic DCA, savings accounts, basically completely decentralised banking. It will have it's own governance token ADEL, which will be distributed through rewards on Delphi (no premine), similarly to YFI. ADEL will have a 60m supply. The rewards right now for staking are pretty huge since it is currently being done manually, but full release is expected around the 20th of September. See the full details here: https://docs.google.com/spreadsheets/d/1nOJ6a2QAbHkpBggFfw1RL3W7ajtbgLNElkCRO_5Kh6M/edit#gid=919270246

All of their products are aimed at being user friendly and built for the masses, which is obviously a good thing.

[Anonymous No.21890110]

>>21889602
Let that sink in Anon.

[Anonymous No.21890600]

>>21889602
I'm an early link investor that owns this

[Anonymous No.21890647]

>>21889973
Don't forget Pensify, an entire product they whipped up in a hackathon:
Pensify offers time-locked high-interest savings accounts with a multi-protocol yield rebalancer (RAY from @staked_uss) under the hood and opportunity to earn extra income with automatic arbitrage bot executing flash loan arbs between @UniswapProtocol
and @BalancerLabs