Within this formal crypto arena, Akropolis is one of the few DeFi yield platforms to provide us with some informal economy. They emphasize asset yield generation rather than other fancy services. They have their own native token named AKRO.
Four years ago AKRO had a grant release on Kucoin, one of the most prominent crypto exchanges. Now through the same exchange, they are ready to provide another airdrop. In this article, we will delve into a step-by-step guide to claim this airdrop. Also, we will check whether this airdrop is good, what is the eligibility criteria, how to withdraw, and more.
What is Akropolis?
Akropolis, in its simplest sense, is a DeFi yield platform. It works on an autopilot system, providing an autonomous financial ecosystem. Akropolis is built on the Ethereum chain. They have their nuanced smart contract framework named AkropolisOS.
As opposed to a central authority, AkropolisOS helps developers build DeFi services that are governed by users themselves. By getting your hands into some AKRO, you are becoming part of one of the genuine decentralized platforms.
The AKRO Token
The native token of Akropolis, AKRO, basically acts as a governance token. It is used for major transactions inside the chain, and users can vote and stake. If you provide liquidity in the network, you can earn AKRO tokens as rewards.
AKRO Tokenomics
Token Ticker | $AKRO |
Contract Address | 0x8ab7404063ec4dbcfd4598215992dc3f8ec853d7 |
Total Supply | 10,000,000,000 |
Category | % | $AKRO | Description |
Team | 20% | 2,000,000,000 | Locked for 12 months. Vested over 4 years, with tokens released block-by-block. |
Foundation | 10% | 1,000,000,000 | 10% (100,000,000 AKRO) fully liquid upon minting, the rest vested over 4 years, with tokens released block-by-block. |
Ecosystem Growth and Fundraising | 60% | 6,000,000,000 | Vested over 4 years, with tokens released block-by-block. To be managed by a separate Foundation entity. |
Market Making | 5% | 500,000,000 | Fully liquid upon the minting. |
Partnerships/ Incentives | 5% | 500,000,000 | Fully liquid upon minting. |
Total Tokens | 100% | 10,000,000,000 | – |
Step-by-Step Guide to Claim the Token
- Install Kucoin: Visit the Play Store or App Store and install the KuCoin’s official app.
- Sign-Up: If you already have an account, don’t bother. Otherwise, give your basic details and register.
- Verify Your Identity: You can use your ID card, Passport, or Driver’s License. It only takes 3-5 minutes to verify your account.
- Complete the Tasks: Navigate to Wheel of Fortune, and other tasks’ options, and complete the tasks. If you are a newcomer to KuCoin, more tasks and rewards await.
- Claim the Rewards: That’s it. Your AKRO rewards will be issued in the form of token vouchers. You can convert them within 7 days through the app.
Is Akropolis Trustable?
The Akropolis is a trustable venture. It is almost 7 years old. There are plenty of positive opinions about Akropolis around the internet.
Conclusion
This may be your last chance to get AKRO tokens. AKRO token has been around for quite a long time, and most of the users are HODLers. So, we smell a scarcity of AKRO in the future. Anyway, it is important to Do Your Own Research.
The Akropolis project was co-founded in 2017 by Ana Adrianova and Kate Kurbanova. Akropolis’ initial private token presale was in 2018. After the launch of Ethereum in June 2020, they have seen a significant increase in the number of users. Also, the project is backed by the Yearn Finance.
Ultimately, Akropolis is one of the few crypto projects you can trust. Get into some AKRO as soon as possible. Also, KuCoin has many other ongoing airdrops. Do check them out. Thank you for reading.
Read more: How To Claim Router Protocol 2.0 Testnet Airdrop; Eligibility, Benefits & Listing Date,