Reward Program for Delegates

To recognize active delegates and keep governance strong, Aquarius allocates a monthly reward pool of 10M AQUA to the most trusted voting delegates.

How It Works

  • Each month, 10M AQUA is distributed among the top 20 whitelisted delegates listed on aqua.network/delegate.

  • Rewards are calculated based on voting power, defined as the total amount of ICE delegated (dICE + gdICE).

  • To keep the distribution balanced, we use a square root formula:

    reward ∝ sqrt(voting_power)

    In plain terms: the more voting power a delegate has, the larger their share of rewards — but the square root formula smooths the difference so smaller delegates get a fairer portion compared to a strictly proportional split.

  • Voting power is tracked daily, and the average monthly balance is used for the final calculation.


Eligibility

  • Only listed delegates are eligible.

  • Custom delegates or disqualified applicants do not qualify.

  • Delegates must actively use their dICE for voting.

    • If more than 20% of dICE remains unused on a daily average, the delegate is excluded from that month’s rewards.


Distribution

  • Rewards are transferred directly to delegate wallets.

  • Payouts come from the Voting Rewards Wallet (separate from the DAO wallet): Voting Rewards Wallet on Stellar Expert

  • The Signer Guild processes payments monthly.

  • At the beginning of each month:

    • Calculations are shared with all listed delegates.

    • Rewards are distributed by the 10th of the month.


Why This Matters

This program:

  • Encourages delegates to stay active and accountable.

  • Ensures both small and large delegates are rewarded fairly.

  • Strengthens the overall participation in Aquarius governance and market voting.

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