โWhat are AQUA tokens?
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AQUA is the core token of Aquarius and serves various purposes within the ecosystem.
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 unlock liquidity and governance voting.
Besides, ICE being held by liquidity providers also increases the amount of SDEX and AMM rewards thanks to ICE boost.
Once incentivized, Stellar DEX market makers and Aquarius AMM liquidity providers can earn SDEX rewards & Aquarius AMM rewards.
Besides, AQUA tokens can be received as bribes for voting for specific markets, or swapped in return for other Stellar assets.
To vote for Aquarius markets, AQUA holders should freeze their tokens into ICE. This way they can influence on which markets generate more rewards for liquidity providers, as well as receive AQUA as bribes.
ICE holders also have the opportunity to participate in governance, shaping and deciding on various aspects of Aquarius.
Ultra Stellar, a leading Stellar-based company, has adopted AQUA as its rewards and loyalty token within LOBSTR, StellarX, and other products it develops.
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