Liquidity voting in Aquarius

Aquarius allows the community of AQUA and ICE holders to signal where liquidity is needed through a voting process. This introduces an additional liquidity management layer for the whole Stellar network.

You can decide via voting which market pairs need liquidity the most and also define the size of market maker rewards for each pair. After each round of voting, Aquarius aggregates the individual votes of all Stellar users. Based on the results it defines a list of markets where the incentives will be activated.

Note: Freezing AQUA immediately boosts your yield earning capability when market-making & liquidity providing on reward zone markets. Learn more: How do I lock AQUA into ICE with Aquarius?

UpvoteICE & downvoteICE work inside the Voting tool, where they are used to select markets that will receive AQUA liquidity rewards. DownvoteICE is used to downvote markets in liquidity voting. Additionally, both of these tokens are only subject to a 1 hour minimum voting period.

Here's how to access the Voting tool on LOBSTR:

1) Go to AQUA overview on LOBSTR and tap "Vote for markets".

2) Connect to Aquarius via WalletConnect or LOBSTR signer extension.

3) Search for specific asset pairs or select the preferred ones from the list and tap "Add to vote". You can choose multiple pairs.

4) Enter the voting amount of AQUA or upvoteICE for each pair and complete your vote.

5) You can also submit AQUA or downvoteICE against a pair if you think it has no place in the market.

The voting happens on-chain, so the votes can be independently validated by any user. Voting works with most Stellar wallets, including hardware wallets such as Ledger.

After each round of voting, Aquarius aggregates the individual votes of all Stellar users. Based on the results it defines a list of markets where the incentives will be activated.

Learn more: Aquarius voting tool