Akropolis solves a significant issue in existing DeFi lending protocols. Currently, users must deposit a collateral between 150% to 750% of the loan amount (see MakerDAO and Synthetix collateral requirements).
Akropolis addresses this issue by allowing users to access undercollateralized loans, meaning you only have to deposit 50% of the loan value as collateral. So instead of needing $150 of collateral to borrow $100, now you only need $50 to borrow $100.
Token holders can vote to change key parameters in the protocol, as well as stake tokens and earn passive income. We believe AKRO, as the governance coin behind all these incredible functions, is undervalued. By way of comparison, other similarly positioned DeFi governance tokens have performed well in the recent past (e.g. Maker, COMP, SNX).
The Akropolis team has built AkropolisOS, which is a light, modular and Solidity-based framework. This framework allows developers to create their own fully customizable financial DAOs, protocols, and dApps in a very fast and straightforward manner. The developing team has built two DeFi products on top of AkropolisOS. Both products are currently in their early stages and under active development
Sparta Pool - The first implementation on AkropolisOS
--> Allows users to access undercollateralized loans (which is amazing!)
-->Automatically generates passive yield (generates maximum APR from various DeFi protocols)
-->Earn high interest rates by providing undercollateralized loans to borrowers and by pooling/investing in capital through various DeFi platforms.
Sparta v0.1 is out, which enables users to contribute funds to the pool, take out undercollateralized loans from the pool - providing only 50% of the loan value and lending funds to members of the pool.
Delphi - The second implementation on AkropolisOS
--> Automatically combines DeFi yields with capital gains and saver rewards
-->Earns users passive income from staking and dollar cost averaging into ETH and BTC.
The Delphi prototype is currently deployed allowing users to dollar cost average (DCA) into different liquidity pools and features one-click deposits in a number of stablecoin pools for easy farming.
These two financial services represent critical advancement necessary for the advancement of decentralized finance (DeFi). They allow everyone access to a savings fund (which generates maximum yield) and access to credit, without seeking permission from a conventional bank.
Akropolis addresses this issue by allowing users to access undercollateralized loans, meaning you only have to deposit 50% of the loan value as collateral. So instead of needing $150 of collateral to borrow $100, now you only need $50 to borrow $100.
Token holders can vote to change key parameters in the protocol, as well as stake tokens and earn passive income. We believe AKRO, as the governance coin behind all these incredible functions, is undervalued. By way of comparison, other similarly positioned DeFi governance tokens have performed well in the recent past (e.g. Maker, COMP, SNX).
The Akropolis team has built AkropolisOS, which is a light, modular and Solidity-based framework. This framework allows developers to create their own fully customizable financial DAOs, protocols, and dApps in a very fast and straightforward manner. The developing team has built two DeFi products on top of AkropolisOS. Both products are currently in their early stages and under active development
Sparta Pool - The first implementation on AkropolisOS
--> Allows users to access undercollateralized loans (which is amazing!)
-->Automatically generates passive yield (generates maximum APR from various DeFi protocols)
-->Earn high interest rates by providing undercollateralized loans to borrowers and by pooling/investing in capital through various DeFi platforms.
Sparta v0.1 is out, which enables users to contribute funds to the pool, take out undercollateralized loans from the pool - providing only 50% of the loan value and lending funds to members of the pool.
Delphi - The second implementation on AkropolisOS
--> Automatically combines DeFi yields with capital gains and saver rewards
-->Earns users passive income from staking and dollar cost averaging into ETH and BTC.
The Delphi prototype is currently deployed allowing users to dollar cost average (DCA) into different liquidity pools and features one-click deposits in a number of stablecoin pools for easy farming.
These two financial services represent critical advancement necessary for the advancement of decentralized finance (DeFi). They allow everyone access to a savings fund (which generates maximum yield) and access to credit, without seeking permission from a conventional bank.
