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What is Kaon (AKRO)?

Kaon basic info

Name:Kaon
Ticker:
Introduction:

What is Akropolis (AKRO)?

Akropolis is a company that has developed a decentralized finance protocol based on Ethereum. The aim of this protocol is to create a self-governing financial ecosystem that enables users to save and grow their wealth, as well as borrow and lend. Some of the products that Akropolis offers include AkropolisOS, which is a framework for developing decentralized autonomous organizations (DAOs) that generate profits, Sparta, which is a platform for uncollateralized lending, and Delphi, which is a yield farming aggregator that also provides a dollar-cost averaging tool. The governance of the protocol is facilitated by the use of an ERC-20 token known as AKRO, which is used across all of Akropolis' products. Akropolis was first introduced to the public in March 2018 and was launched on the Ethereum mainnet in June 2020.

How does Akropolis (AKRO) Work?

Decentralized finance (DeFi) is currently offering many opportunities for individuals to earn currency through staking, liquidity provision, and yield farming. However, with the various DeFi protocols providing different possibilities for yield generation and farming, it can be confusing for new users and those who do not have time to follow the news regularly.

Akropolis offers an automated dollar-cost-average (DCA) strategy for setting up a long-term portfolio. DCA is an automated, periodic purchase of an asset that seeks to reduce operational costs by pooling and batching all funds to diminish gas costs.

According to their website, the mission of Akropolis is to provide users with the tools to grow, save, and provide for tomorrow safely, with access to various noninflationary assets, without a dependency on a central counterparty.

The Akropolis DApp allows users to easily onboard onto DeFi through Dharma and Ramp Network, estimate and compare different assets' annual percent yield (APY) across top DeFi yield-generating strategies such as Yearn Finance Vaults, easily check their balance, average APY, and yield earned, claim yield rewards all in one place, and take part in Akropolis protocol governance via Snapshot.

What makes Akropolis (AKRO) Unique?

Akropolis initially aimed to solve the impending pension deficit crisis by creating a distributed savings and pensions fund. However, in August 2020, the company announced a shift in focus towards creating the underlying framework for such a system through AkropolisOS, a Solidity-based modular framework for creating and managing distributed capital pools. The framework forms the basis for the company's Sparta and Delphi platforms, with Sparta providing access to uncollateralized loans. Akropolis reduces the risk associated with these loans by offering community incentives in the form of AKRO to those who provide accurate risk assessments. The company plans to build a pipeline of institutional partners and clients, develop technology and academic partnerships, and expand the Akropolis ecosystem. Additionally, it holds a significant number of AKRO for internal operations like marketing and partnership building.

What is the AKRO Token?

Akropolis has a suite of products that rely on a governance token, AKRO, to keep its protocol secure. The token's transactions are validated by the Ethereum blockchain's proof-of-work consensus algorithm, which requires a majority of nodes in the network to confirm any on-chain records for them to be posted. In August 2019, CertiK audited the smart contracts for AKRO and found them to be structurally sound and free of known security issues. However, in August 2020, there were unsuccessful attempts to hack the smart contracts, prompting Akropolis to move all unlocked AKRO to custodial wallets with higher-grade security. The company also launched a bug bounty program that rewards those who discover previously unknown security flaws with AKRO or stablecoins.

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Current price:
All-time high:$0.08861
All-time low:$0.0005343

AKRO supply and tokenomics

Circulating supply:4,436,209,700 AKRO
Total supply:15,000,000,000 AKRO
Max supply:0 AKRO
Market cap:$7.36M
Fully diluted market cap:$24.88M
Tokenomics:

Uniqueness

Akropolis was conceived as a distributed savings and pensions fund — a solution to what it described in its initial announcement as ""a looming pension deficit apocalypse"" resulting from the inevitable collapse of state pensions systems. But in August 2020, the company stated that it had shifted its focus to building the underlying framework for such a system by creating AkropolisOS to allow for the rapid launch of for-profit capital pools.

AkropolisOS is a Solidity-based, modular framework for the creation and management of distributed capital pools and serves as the base for the company's Sparta and Delphi platforms, with the former providing access to uncollateralized loans. Akropolis has claimed that unlike other DeFi protocols, its products reduce the risk associated with these loans by providing community incentives in the form of AKRO to those who provide accurate risk assessments.

The company provided some insight into its business model in December 2018, reporting that it would focus on building a pipeline of institutional partners and clients, developing technology and academic partnerships, and building out the Akropolis ecosystem. It also holds a significant number of AKRO to be used for internal operations such as marketing and partnership building.

Token utility

Akropolis's goal is to create yield-generating products that don’t predominantly rely on inflationary emissions as the main source of yield and that generate returns regardless of the market conditions.

Current products include:

  • Vortex - An on-chain basis trading strategy that aims to generate long-term, sustainable and rewarding yields while remaining market-neutral.
  • yVaults - Streamlined and simplified access to select Yearn vaults to optimize yields.

Akropolis is the one-stop solution for any investor seeking access to passive, efficient and sustainable yield generation.

Links

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What is the development prospect and future value of AKRO?

The market value of AKRO currently stands at $7.36M, and its market ranking is #1275. The value of AKRO is not widely recognized by the market. When the bull market comes, the market value of AKRO may have great growth potential.

As a new type of currency with innovative technology and unique use cases, AKRO has broad market potential and significant room for development. The distinctiveness and appeal of AKRO may attract the interest of specific groups, thereby driving up its market value.

What will the price of AKRO be in 2025?
Based on AKRO's historical price performance prediction model, the price of AKRO is projected to reach $0.002632 in 2025.
What will the price of AKRO be in 2030?
In 2030, the AKRO price is expected to change by +1.00%. By the end of 2030, the AKRO price is projected to reach $0.003313, with a cumulative ROI of +89.18%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of AKRO and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is AKRO worth investing or holding? How to buy AKRO from a crypto exchange?

If you want to buy AKRO, the following information may be helpful for your investment decisions:
In the last 7 days, the price of AKRO has fallen by -62.95%, leading to negative returns for most AKRO investors. The market is currently pessimistic about the price trend of AKRO.
It is important to note that the current price of AKRO has retreated by -98.13% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether AKRO is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in AKRO or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of AKRO, if you want to buy or sell AKRO, you can consider Bitget for your trading needs. The best place to buy AKRO is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Kaon has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Kaon. Here's a step-by-step guide on how to buy Kaon on Bitget.

How to get Kaon through other methods?

Using cash to buy Kaon is not the only way to obtain Kaon. If you have the time to spare, you can get Kaon for free.
Learn how to earn Kaon for free through the Learn2Earn promotion.
Earn free Kaon by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Kaon airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Kaon through Bitget Convert, Bitget Swap, or spot trading.

What is Kaon used for and how to use Kaon?

The use case of Kaon may expand as the crypto market and the project itself develop. Currently, you can use AKRO to achieve the following goals:
Arbitrage by trading AKRO: Since AKRO is a frequently traded cryptocurrency, the price of AKRO is always fluctuating. Earn more AKRO by buying low and selling high on the exchange. Bitget spot market provides a variety of AKRO trading pairs to fully meet your needs.
Earn by staking AKRO: You can also generate income through financial management methods such as staking AKRO or lending AKRO. Bitget Earn offers a variety of financial products designed to help you earn more income from your AKRO.
Send or pay AKRO: If you want to give AKRO to your friends, a charity, or a fundraiser, or you want to pay someone with AKRO, you can quickly and easily send AKRO to the recipient through their payment address.
You can also go to the official website of the Kaon project to learn more about the use cases of AKRO. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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