Akropolis Weekly Updates
September 4th, 2021
Data as of September 3rd, 2021 📈:
$14.88M TVL 2862 Members 25.41% AKRO Staking APY
Welcome everyone to another round of Akropolis weekly! Last week, we asked for your feedback. If you missed it, here’s the form to send us your thoughts.
Flash News ⚡
>30% APY for yvBOOST vault
>20% APY for TriCrypto vault
DeFi TVL on Ethereum remains above $80B TVL despite dip to $70B
Bug doesn’t stop Ethereum from surging
Ethereum-based products saw weekly inflow of >$17M from institutional investors
CREAM Finance suffered an exploit on AMP/ETH market
Twitter might be working on an ETH, BTC Tip Jar feature
ICYMI: Opinion 💬
🔥 Summer Updates 🔥
ICYMI, we published updates on our team expansion and new milestones: read Summer Updates here! Otherwise, below is the TLDR.
We’ve onboarded new team members:
Samuel Dare, CTO
Alexander Butler, Product Owner
Coco Ong, Marketing Lead
2 new developers
We’re still hiring another developer - please refer to the last section (For the Community) for application instructions.
During the summer, we completed these milestones:
We moved all contracts to multisig
We concluded the ADEL Swap
The exploit compensation page is live (Note: the $AKRO drop only covers 50% of the exploit).
We’re excited about these new milestones added to our roadmap:
Addition of new yearn vaults + our own strategies
New AKRO staking design to incentivize liquidity providers & stakers
New liquidity mining program with additional AKRO rewards
Transition into full DAO
More development on strategies
Release of products such as Uniswap v3 position & risk management vaults
Deployment across multiple chains such as Polygon
For more details on all of the above, read the full update here.
Here’s what we’re also working on:
Looking through your survey responses (it’s still open for your feedback)
More token-related marketing campaigns (like you’ve asked for! 😋)
We are actively working on the Yearn affiliate program & delegated deposits.
[in progress] We continue to work on new vault strategies in-house and hope to bring in new strategy makers. 🤑
[in testing] Rewards claiming coming live next week! You will be able to claim unlocked rewards once per two weeks - no thresholds, no manual distributions.
For the Community 👪
Solidity Developers - this role includes:
Identifying & implementing complex yield-generation strategies on different chains;
Work with development team, product owner, and designers to turn vision into a functional software while following deadlines;
Develop high-quality code by following best practices in the space & make it maintainable, performant, accessible, and precise;
Perform internal code reviews & audits ;
Being proactive & contribute to the team engineering processes and workflow;
Collaborate with relevant DeFi projects to discover optimal solutions for our needs;
Keep yourself updated with DeFi ecosystem updates & contribute ideas relevant to the product.
If you are interested in any of these positions, please email your CV, along with your GitHub profile to email@example.com with the subject line:
Akropolis Team | “Job Title”
As always, feel free to reach out to us on our social media channels and thank you for your continued support!