Governance
AquariusPassed

AQUA Grant for MYKOBO: Lock EURC Pairs in the AQUA Rewards Zone

MYKOBO requests 75M AQUA from Aquarius community DAO to lock AQUA/EURC, EURC/USDC, and XLM/EURC pairs into the rewards zone, driving liquidity provision and Euro stablecoin utility on the Stellar network.

#78June 9, 2023 → June 16, 2023
Vote tally
For 87%Against 13%

MYKOBO has submitted a proposal to the Aquarius community DAO requesting 75 million AQUA tokens to permanently lock three EURC trading pairs into the Aquarius rewards zone: AQUA/EURC, EURC/USDC, and XLM/EURC. The grant would fund voting mechanisms to incentivize liquidity provision while supporting MYKOBO's integration of Aquarius into its mobile app and launching a rewards program. MYKOBO argues that deepening liquidity on EURC pairs unlocks cross-border transactions for 500M people with Euro exposure. The proposal includes two tranches: 45M AQUA upon approval to secure voting, and 30M AQUA after implementation.

AuthorGBN6KZ7VAUC7T6KNX4SBHZ3EKHTM4VLDCGTEATFW7L3YI2GJ63A22OEY
View on AquariusDiscussion ↗
Related projects
2 projects linked