Akropolis is a decentralized finance (DeFi) protocol running on the Ethereum blockchain and aims to provide an autonomous financial ecosystem for savings and asset growth. Through the Akropolis protocol, users can borrow money using cryptocurrencies as collateral or lend their assets to earn interest. Akropolis offers borrowers fixed interest rate borrowing, allowing users to anticipate their borrowing costs in advance. It also allows users to pool their assets to create liquidity pools, which can be lent out for interest. AKRO token holders can participate in the governance of the protocol and have a say in decision-making processes.
AKRO, which has risen 17% in the last 24 hours and at the time of writing, was among the day's risers. The AKRO team recently launched a vote on the new tokeneconomy, roadmap and updates. With this vote, the structure and future of the project would be completely reshaped. The last day of the vote may have had a positive effect on the AKRO price and may have caused its price to rise.
