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Akropolis

avoid.net/akropolis30/100·78% conf.
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anchored·2EvBpE…biKp

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
Organizations
Protocols
Tokens
Relationships
  • Yearn Financementioned withEthereum(70%)
  • KuCoinmentioned withZachXBT(70%)
  • KuCoinmentioned withEthereum(60%)
  • ZachXBTmentioned withEthereum(70%)
  • Akropolismentioned withYearn Finance(80%)
  • Akropolismentioned withKuCoin(60%)
  • Akropolismentioned withEthereum(80%)
  • Akropolismentioned withZachXBT(70%)
Have evidence about Akropolis?

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.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 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: 8/30/2026, 4:47:13 PM

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