What are AQUA tokens?
Last updated
Last updated
AQUA is the core token of Aquarius and serves various purposes within the ecosystem.
AQUA holders can vote for Stellar markets so liquidity provider to them receive AQUA rewards, helping to increase liquidity on those markets.
Once incentivized, Stellar DEX market makers and Aquarius AMM liquidity providers can earn SDEX rewards & Aquarius AMM rewards.
AQUA holders also have the opportunity to participate in governance, shaping and deciding on various aspects of Aquarius.
ICE is the locked version of AQUA. By locking their tokens for extended periods, AQUA holders receive ICE tokens and its derivatives in return. These ICE tokens boost voting power in liquidity and governance decisions, giving holders a greater influence over Aquarius.
ICE being held by liquidity providers also increases the amount of SDEX and AMM rewards.
Ultra Stellar, a leading Stellar-based company, has adopted AQUA as its rewards and loyalty token within LOBSTR, , and other products it develops.