What is the Acropolis? Acropolis (AKRO) is a blockchain project that provides services to users in the field of decentralized finance (DeFi). In this article, you can find answers to questions such as what Acropolis is, what it offers, how it works, what is AKRO coin, what is it used for, how to get it, what are its advantages and disadvantages. As Kriptokoin.com, we have prepared it for you.
What is the Acropolis? What does AKRO offer?
Acropolis operates as a platform where developers can launch and host decentralized applications (dApps). Blockchain project focuses on decentralized finance (DeFi). Therefore, most of the dApps available on the network offer services such as savings, finance management and lending. The platform has a native cryptocurrency called AKRO coin. The platform is built on the Ethereum Blockchain. The project was created with the aim of eliminating centralized intermediaries and authorities and giving developers full control over the dApps they produce.
Therefore, ownership and management of dApps running on the network is handled entirely by users. Transactions are carried out on the network with a framework called AkropolisOS. Developers use this framework to build dApps and integrate protocols with a set of smart contract modules. The two most popular products offered within the network are Sparta and Delphi. Sparta allows users to earn interest income. Delphi, on the other hand, allows a “yield farming” feature that makes it possible to earn extra token rewards by saving and hodling.
What is AKRO coin? What is it used for?
AKRO coin is the native cryptocurrency of the Akropolis platform. The token is used in DeFi transactions carried out in the ecosystem. The token has a stakeable structure. This allows traders to lock their AKRO holdings for a certain period of time, earning additional token rewards at maturity. Besides, it can be earned as interest income through the Sparta product and as a token reward through Delphi.
At the time of writing, AKRO had a market capitalization of $55.7 million. With a total supply of 4 million tokens, 3.84 million of them were in circulation. According to recent data, AKRO ranks as the 539th largest asset on the overall crypto list.
How to get AKRO coin?
Investors interested in Akropolis’ DeFi services are researching exchanges where AKRO coin is listed. It is currently listed by major and trusted crypto exchanges such as AKRO, Binance, Huobi Global, Uniswap, and KuCoin. Interested investors can purchase AKRO through these exchanges.