Started by:

New Horizons

Aquarius brings a new liquidity layer to Stellar and powers new generation of DeFi projects.

From the makers of:
What is Aquarius?
Aquarius is designed to supercharge Stellar DEX, bring more liquidity and control over how it is distributed over various market pairs. It introduces additional incentives for SDEX trading (market maker rewards) and allows community to vote for trusted assets and define rewards for chosen markets. Ultra Stellar will develop a set of tools to interact with Aquarius.
What is AQUA token?
AQUA is the currency for rewards and on-chain voting in Aquarius. Holders of AQUA can vote for trusted assets issued on Stellar or choose market pairs that require additional liquidity. Liquidity providers and traders can earn AQUA by actively trading on the selected market pairs. AQUA will also play an important role in projects being developed by Ultra Stellar. Most of created AQUA tokens will be distributed freely to network participants and market makers. Contact email for institutional investors - [email protected]
Incentives for market makers
The core use case of the AQUA token is to increase liquidity of Stellar DEX. This will be achieved by incentivizing the market makers who provide liquidity for specific markets.
Governance for token holders
Token holders will vote for market pairs requiring liquidity and allocate rewards. The voting will happen on chain and active participants will be rewarded.
Ecosystem benefits
AQUA tokens will be integrated in projects developed by Ultra Stellar and provide holders with additional benefits, such as increased APY yield for y-anchors, no fees for crypto purchases, etc.
Used Stellar
network before?
Certain amount of AQUA tokens is allocated for airdrops to those, who interacted with Stellar network earlier.
All you need to do now is add a trustline to AQUA, so you don't miss the opportunity in case you'll be qualified. Details coming soon, stay tuned.
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Roadmap
Q4 - 2020
Idea and discussion
Aquarius began its evolution in the end of 2020 while exploring ideas to increase volume on SDEX. A series of internal discussions within Ultra Stellar, as well as exchanging feedback with many experts in the space, helped us shape the core ideas around the project.
Q2 - 2021
Start of development
We have started formalizing the protocol and building the infrastructure for Aquarius. This consists of multiple elements of software such as on-chain asset voting protocol, user interfaces for voting, liquidity reward distribution engine, AQUA snapshot and airdrop module, etc.
Q3 - 2021
Aquarius v0.1: MVP
Launch of liquidity rewards for market makers on SDEX - core functionality of Aquarius. This will inspire more trading activity on Stellar DEX. Once AMM is added, AQUA will also reward for liquidity providers. Start of wide distribution of AQUA tokens to Stellar holders.
Q1 - 2022
Aquarius v0.2: Voting
New set of updates will allow AQUA holders to control how Aquarius works. They will drive liquidity to specific market pairs and vote for assets to be grouped in default lists, that are used in other products. Ultra Stellar will work on introducing AQUA tokens in various products.
Q3 - 2022
Aquarius v1.0: DAO
The end goal is to build a thriving, reliable and decentralized ecosystem around Aquarius and AQUA tokens. Key protocol parameters will be controlled by the AQUA token holders. This will be further explored as the smart contract frameworks on Stellar mature and evolve.
Join our community
Learn more about Aquarius, follow the project updates, chat with the team and other community members.