> For the complete documentation index, see [llms.txt](https://docs.aqua.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aqua.network/aqua-and-ice/what-are-aqua-tokens.md).

# The AQUA token

<figure><img src="/files/VNLbQWXlsrNJkvfJahsq" alt="The AQUA token symbol and Aquarius branding"><figcaption></figcaption></figure>

AQUA is the protocol token used for ICE locking, liquidity incentives, voting, and governance.

### ICE

Locking AQUA creates [ICE voting balances](/aqua-and-ice/ice-tokens-locking-aqua-and-getting-benefits.md), including upvoteICE for liquidity voting and governICE for governance.

Holding ICE can increase eligible SDEX and AMM AQUA rewards through the [ICE reward boost](/aqua-and-ice/ice-boosts-how-to-maximize-lp-rewards.md).

### SDEX & AMM rewards

Market makers and liquidity providers in eligible markets can receive [Stellar DEX (SDEX) rewards](/voting-and-rewards/sdex-rewards.md) and [Aquarius AMM rewards](/voting-and-rewards/aquarius-amm-rewards.md).

AQUA can also be used as a [bribe](/for-projects/what-are-bribes.md) reward asset or exchanged through an Aquarius [swap](/user-guides/swap.md).

### Liquidity voting

Lock AQUA into ICE, then assign upvoteICE to markets through [liquidity voting](/user-guides/how-to-vote-for-markets-on-aquarius.md). Votes affect how AQUA emissions are allocated among eligible markets.

### Aquarius Governance

governICE holders can vote on [Aquarius governance](/governance/aquarius-governance-community-led-decision-making.md) proposals.