Akropolis Aug Roundup 2022

A monthly summary of the development at Akropolis.

Dear Akropolis Community,

Welcome to the Akropolis monthly roundup! Read on to find out the latest development at Akropolis in August.

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Top 3 vaults in Akropolis dApp

Yearn Vaults at a glance 👀

The capital pools automate the yield generation and rebalancing process and shift capital as opportunities arise automatically. Learn more.

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What’s New: Yearn Integration Upgrade

Akropolis @akropolisio

(1/2) 📢 Akropolis dApp Updates | Yearn Integration Upgrade 🆕 Users can now access all @iearnfinance vaults with positive APY 👀; 🆕 Get direct access to respective vaults by clicking on the token allocation that you would like to deposit;

• There are 56 Yvaults to choose from to earn your passive yields;

• Get direct access to respective vaults by clicking on the token icon which you would like to deposit on the Stats page!

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Learn DeFi

1. DeFi terminologies

Akropolis @akropolisio

🧵(1/5) Five terminologies or acronyms representing important concepts around DeFi👇 - dApp: Decentralised Application A dApp is like a digital app found on our smart devices but it is built on a decentralised network without the control of a single authority.

2. What is a staking pool?

Akropolis @akropolisio

🧵 (1/2) What is a staking pool? A staking pool is a simple tool that allows multiple crypto-asset holders to combine their resources to increase their overall staking power, which increases their chances of earning rewards.

3. Three common mistakes to avoid when dabbling in the Cryptocurrency world

Akropolis @akropolisio

🧵Three common mistakes to avoid when dabbling in the #crypto space: 1. Lost keys. Digital transactions are created and signed using private keys on the blockchain, which act as a unique identifier to prevent unauthorised access to your cryptocurrency wallet.

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Good reads 📚 / Opinions

1. The latest trend in DeFi?

2. Why Might DeFi Be Safer Than Traditional Finance?

3. ETH price outlook for The Merge: Bullish or bearish?

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That’s all we have for our August Roundup. Got a question? Feel free to reach out to us on our social media channels.

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