AIP-017: AKRO: A New Generation Tokenomics (Phase 1) and Product Roadmap

This proposal is a collaboration between the team behind Project Omega (working title) and the core contributors of Akropolis. We welcome feedback and engagement, both on the forum and directly to us, about this proposal and how it can drive success for Akropolis and $AKRO.

Summary This proposal puts forward a plan to reinvigorate the Akropolis project, enable it to incentivise new and old contributors, support the funding of a product roadmap aiming to revolutionise the Bitcoin ecosystem, and ultimately, accrue value to $AKRO token holders by encapturing a wider range of use cases.

This proposal outlines and puts forward:

New contributors and key new product initiative with Project Omega New token economics for $AKRO New project roadmap Background Akropolis transitioned to a DAO two years ago 6 in 2022, and handed over the contribution initiatives to the community. However, since then, community contribution has been extremely limited if any, for various reasons. They key reason being misaligned incentives for participation in the broader DeFi ecosystem

$AKRO’s current circulation is 88% of the maximum supply, with limited treasury reserves remaining to incentivise future growth via new core contributors. This makes it impossible to fund a viable roadmap for product development and build a suitable marketing budget. Without a thoughtful restructuring of Akropolis and $AKRO, the protocol’s future is unquestionably limited.

Proposal To address this, core Akropolis contributors and a new core contributor candidate team have joined forces to put forward the following remedial plan for the future of Akropolis:

Introduction of the proposed Project Omega roadmap, a BTC UTXO sidechain with enhanced EVM compatibility Progress to date on Project Omega’s development An $AKRO token restructuring to enable and fund the new product roadmap; Token model restructuring to enable move from a dApp token to a new L1/L0 native utility token that secures the chain.