Akropolis
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 30 → 60. Problems weighed by who is responsible: incidents the subject suffered −6.4, concerns that are not fraud −6.4, problems around the subject, caused by others −2.4; legitimacy credit long-running +10. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -6.4 |
| Incidents it suffered (e.g. hacks) | -6.4 |
| Problems around it, caused by others | -2.4 |
| Long-running | +10 |
| Sum | 60 |
Score: 60/100 (kept between 0 and 100)
How scoring works →Summary
Akropolis is an Ethereum-based DeFi protocol founded in 2017 by Ana Andrianova and Kate Kurbanova, offering yield aggregation and undercollateralized lending through its Delphi and Sparta products. On November 12, 2020, the protocol suffered a $2.03 million DAI exploit via a reentrancy and flash loan attack — a vulnerability that was missed across multiple third-party smart contract audits. The project subsequently rebranded to Kaon in early 2025, having never recovered the stolen funds or fully compensated affected users.
Connected Entities
5 entities · 60 linked investigations- Yearn Finance→mentioned with→Ethereum(70%)
- KuCoin→mentioned with→ZachXBT(70%)
- KuCoin→mentioned with→Ethereum(60%)
- ZachXBT→mentioned with→Ethereum(70%)
- Akropolis→mentioned with→Yearn Finance(80%)
- Akropolis→mentioned with→KuCoin(60%)
- Akropolis→mentioned with→Ethereum(80%)
- Akropolis→mentioned with→ZachXBT(70%)
Timeline(10 events)
2017
Akropolis founded by Ana Andrianova and Kate Kurbanova in Gibraltar, initially focused on blockchain-based pension and savings infrastructure.
16 July 2019
AKRO token ICO completed, raising $2.4 million USD at $0.00813 per token.
12 November 2020
Akropolis Delphi savings pools exploited via reentrancy attack combined with a dYdX flash loan. 2,030,841 DAI ($2.03 million) stolen across 17 transactions. All stablecoin pools halted.
13 November 2020
CEO Ana Andrianova acknowledges the exploit publicly. PeckShield publishes root cause analysis. Team proposes $200,000 bug bounty if attacker returns funds within 48 hours.
December 2020
Akropolis and Yearn Finance announce strategic collaboration, integrating Yearn vault technology and establishing Akropolis as Yearn's institutional outreach partner.
2021
Akropolis publishes compensation plan: 50% of hack losses to be paid in vAKRO (24-month linear vesting at $0.012/AKRO); ADEL-to-AKRO swap announced at 1:15 ratio.
February 2021
Snapshot date for ADEL-to-AKRO swap eligibility.
April 2021
AKRO token reaches all-time high of approximately $0.08.
2 December 2024
Akropolis announces full rebranding to Kaon (KAON). Major exchanges including KuCoin, Gate.io, and CoinSpot announce support for the 1:1 token transition.
11 February 2025
Exchange trading of Akropolis (AKRO) halted for rebrand completion. Token transitions to Kaon (KAON) on supported exchanges.
Decision Log
- slot 455368013 · hash EQLLi8VfeE6xf4bGj6aRJdD1mwrPsS7pSchBD1S2SjYe
- slot 422779256 · hash 3zsZk77qeK9zfke22nPPLYZzZtT3ZEouQgY91Cfv8mfh
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 19 of 25 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:55:00 AM
last updated: 10/10/2026, 6:47:57 PM
5 viewsavoid.net — verified advice for a post-truth world