What is Aquarius?

Aquarius is a liquidity layer designed to incentivize market-making and liquidity provision on Stellar’s native DEX and AMMs.

Aquarius aims to address and ultimately resolve liquidity issues found on Stellar by providing incentives for traders who bring and hold liquidity on the Stellar DEX and AMMs. The community can use AQUA tokens to define market maker rewards and select pairs where liquidity is most needed. 

A set of tools is available to interact with Aquarius, vote on liquidity rewards, and see the current reward allocation. The goal is to build a thriving, reliable, and decentralized ecosystem around Aquarius.

The first is a Voting tool, allowing AQUA holders to select which SDEX markets and AMM pools should have AQUA rewards enabled on them.

The second is a Governance voting tool that makes a significant contribution to Aquarius DAO development. This voting tool gives AQUA holders an opportunity to make decisions on the future of Aquarius, control how DAO funds get used, and propose ideas to route project development in the desired direction.

AQUA is the currency for rewards and on-chain voting that lies at the core of the protocol’s incentive system. 

AQUA tokens are available on Stellar, so trades, rewards, voting, and distribution tracking are native and easy. 

100B AQUA tokens have been issued, and this is a hard limit on the total supply. No more AQUA tokens will ever be created.

Token Details:

asset code: AQUA

home domain: aqua.network

issuer account: GBNZ…67AQUA

AQUA holders can vote for market pairs that need more liquidity and select trusted assets. Traders and LPs earn AQUA on selected market pairs.

The core use case of the AQUA token is to increase liquidity on Stellar. This will be achieved by incentivizing market makers on SDEX and AMM LPs.

Token holders will vote for market pairs requiring liquidity to allocate rewards. AQUA is also a utility token to govern the Aquarius protocol through on-chain DAO voting.

You can start exploring Aquarius directly via LOBSTR:

On LOBSTR, you can review your AQUA and ICE balance and access the Aquarius locker tool, liquidity voting, and governance.

Apart from buying AQUA and getting it via airdrop campaigns, you are eligible to get AQUA as cashback for your XLM purchases through the LOBSTR partnership with MoonPay and Stripe. 

You can also obtain the tokens by converting pending payments and through the LOBSTR referral program.

Learn more:

Buy crypto: How do I get cashback on my XLM purchase?

LOBSTR referral program: Invite friends to join and earn bonuses