Akropolis found a hassle-free way to manage and pay multiple invoices in crypto with just one click, all from a single dashboard.
Hear from Yana Marakhonova, the Project Lead at Akropolis, about why they use Request to manage their crypto payments as they aim to close the global savings gap with DeFi liquidity pools.
Before discovering Request Finance, accounting in crypto was a huge challenge. Since we started using Request Finance, both the time spent and the administrative burden of managing crypto payments has become so much less. With brilliant features like invoice statuses, and pre-filled invoice templates, processing crypto payments has become less stressful for everyone involved. - Yana Marakhonova, Project Lead at Akropolis
The inspiration for Akropolis came from observing how numerous economic crises affected long-term savings and pensions. Currently, the World Economic Forum estimates that the worldwide gap between retirement savings and retirement income needs will grow from US$70 trillion in 2018 to US$400 trillion by 2050. The company name harkens back to the Athenian citadel built to protect its inhabitants from external forces. Akropolis set out to create alternative long-term savings by building an inflation-resistant solution to the current economic climate, delivering a sustainable, secure and accessible ecosystem.
Launched in 2018, Akropolis is a dApp built on Ethereum, various sidechains and Layer 2s like BNB Chain (BSC) and Arbitrum. With nearly 2,000 active users, it hopes to create yield-generating DeFi products that do not predominantly rely on inflationary emissions as the primary source of yield. The team believes this can generate sustainable returns regardless of market conditions. With this goal in mind, Akropolis has developed several products like (i) Vortex, an on-chain basis trading strategy that taps into the various DeFi protocols across ecosystems, and (ii) yVaults, which simplifies access to select Yearn vaults for yield optimization.
Prior to discovering Request Finance, accounting in crypto was a huge challenge. The problem we had was that payment requests like salaries, and communication about transaction details became very difficult to track as it was spread out across different communication channels like emails, and direct messages.
Our team members and the third-party companies and contributors we work with can now issue an invoice with Request Finance in just minutes. The operations team lead can then easily view, and make payments to multiple crypto invoices at one go with just a click of a button - all from within a single dashboard.
The ability to schedule recurring invoices is also great for salaries, or other regular payments such as fee payments.
A key criteria in adopting any new tool is ease of use. The longer it takes to learn, and the harder it is to use, the greater the cost of adoption. When our operations team was evaluating Request Finance, the simplicity and ease of use immediately stood out.
We can quickly pay multiple crypto invoices with just a click of a button. Having invoice templates across the board also makes it easy for us when it comes to accounting.
Currently, we also use Sablier as the latter has the ability to stream payments. But I am excited to see that Request has partnered with Superfluid to introduce payment streaming too.
Since we started using Request Finance, both the time spent and the administrative burden of managing crypto payments has become so much less.
With brilliant features like invoice statuses, and pre-filled invoice templates, and scheduled invoices, processing crypto payments has become less stressful for everyone involved. Request Finance makes it easy to keep track of whom to pay, by when, or how.