The founder of YFI announced the merger of Yearn and Akropolis, and AKRO surged nearly 20% in a short time

Rhythm BlockBeats news, on November 30th, YFI founder Andre Cronje announced the merger of Yearn and Polkadot DeFi project Akropolis, which is the latest merger announced by Yearn after Pickle, Cream, Cover Protocol, and Aave The 5th DeFi project. Affected by this news, AKRO surged nearly 20% in a short time.

The merger mainly has the following points:

·Akropolis and Yearn merged in development resources;

·Akropolis and Yearn’s lockup volume increased;

· Akropolis can be connected to Yearn, Pickle, Cream products, and DCA strategies can also be integrated into these products;

· Yearn can be connected to Akropolis' new investment strategy.

What does the merged Akropolis look like:

New pool: Akropolis merges with Yearn v2 pool, and can also obtain Pickle and Cream v2 loan products through Pickle Gauge.

New Strategy: Akropolis will update the new The strategy and handling fee of the pool.

Tokens to track losses: for Victims of the recent Akropolis attack will issue a new coin, distributed through Snapshot.

Rhythm BlockBeats once reported that Akropolis, a Polkadot ecological DeFi project, was attacked on November 13. The attacker used The flash loan on the derivatives platform dYdX carried out a re-entrancy attack, causing a loss worth $2 million in DAI.

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia