🎁What are bribes?
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Bribes in Aquarius: Incentivizing Market Votes
A bribe is a mechanism that allows anyone to incentivize voters who upvote specific Stellar markets on aqua.network/vote. Voters on bribed markets receive daily payouts as long as the market remains incentivized with bribes.
Who Are Bribes For?
🔹 Project Owners: Bribes are primarily used by project owners who want to encourage AQUA holders to vote for market pairs related to their projects. 🔹 Individual Users: Any user can also use bribes to influence markets in their best interest.
Bribed markets have consistently attracted more votes, as AQUA holders are incentivized by the passive income earned from voting on these markets.
Bribes in the Aquarius Interface
Bribes can be assigned to any Stellar market.
Users can allocate multiple assets as bribes for each market, though AQUA is the most commonly used token.
Bribed markets are clearly marked in the UI and can be easily found under the "With Bribes" tab.
📍 Find upcoming bribes and create new ones here: aqua.network/bribes.
How Do Bribes Work?
Bribes are executed at the protocol level within Aquarius. Here’s how the process unfolds:
1️⃣ Bribe Creation: A claimable balance is created with a marker for the bribed market and the reward tokens used to pay voters. 2️⃣ Submission Deadline:
New bribes can be created until 18:00 UTC on Sundays for the following week.
At 19:00 UTC on Sundays, Aquarius collects and validates all bribes for the coming week. 3️⃣ Bribe Distribution:
Once approved, bribes are distributed linearly from Monday to Sunday.
Snapshots & distribution occur at random times each day to ensure fairness.
To guarantee rewards, users should keep their votes on the bribed market for a full 24-hour period—adjusting votes could result in missing a snapshot.
Bribe Requirements & Validity Check
✅ Minimum bribe amount: 100K AQUA per week (no maximum limit). ✅ Bribe validation:
Aquarius purchases 100K AQUA using a path payment upon collection to ensure that bribes hold value.
The purchased 100K AQUA plus the remaining reward tokens are distributed to voters.
Rejected bribes are refunded to the sender.