Akropolis May 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 May.
Since the market top in November 2021, the total market capitalization of cryptocurrency has decreased by 60%. This downturn is a time for the team to build, reassess, and prepare for long term opportunities. As we continue to build tools and features on the Akropolis dApp, we are focused on developing the most comprehensive DeFi platform available. Many new users have entered the crypto space, and we have been busy building our platform to serve you better.
Happenings in May
Binance has added AKRO to the list of supported assets on Flexible Savings, and the subscription has reached the maximum limit. Thank you for subscribing!
Binance opened trading for AKRO/BUSD on 2022-05-27 at 12:00 (UTC). Learn more.
Learn DeFi 🤓
🧵: What is inflation? Is it bad?
2. You have already seen examples of some DeFi projects promising unbelievably high APYs (Annual Percentage Yield) of multiple 100,000% or even more. However, the question is: is it sustainable? Read about how high APYs are produced.
3. An excellent article on staking. Learn about the pros and cons of staking cryptocurrency.
Suppose you have joined us recently. Welcome aboard! Here would be an excellent start to learning everything about Akropolis. There are two ways to participate in DeFi at Akropolis:
Stake your AKRO tokens and earn up to 15.63% APR (at the time of writing);
Deposit assets into Yearn vaults (yVaults) and earn interest on your assets.
Akropolis Platform Features
The Akropolis team analyses every detail and workflow of our dApp for usability and a seamless DeFi experience. Here's an overview of our feature highlights.
Do you have a feature request? Let us know here.
That’s all we have for our May Roundup. Got a question? Feel free to reach out to us on our social media channels.
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