Add yXLM to the asset registry
Aquarius governance proposes whitelisting yXLM, Ultra Capital's yield-bearing XLM token offering 1.6% APY. Registration would add yXLM to Aqua's asset registry, enabling trading. Each yXLM is redeemable 1:1 for XLM.
Aquarius governance proposal #143 calls for whitelisting yXLM in Aqua's asset registry. yXLM is issued by Ultra Capital and backed 1:1 by XLM, generating 1.6% APY through deployment via external protocols. As of June 28, 2026, yXLM has 154.91 million tokens in circulation across 24,559 funded trustlines and rates 9.3 out of 10 on Stellar Expert. The token can be redeemed 1:1 for XLM through Ultra Capital. Listing yXLM on Aqua would make the yield-bearing token available on the platform's trading pairs.
Ultra Capital issues yield-generating tokens on the Stellar network that are backed 1:1 by native cryptocurrency deposits; yXLM represents Lumens (XLM) and provides 1.6% APY through yield generated by deploying the assets with trusted CeFi and DeFi protocols.