ICE Stage 3 - liquidity rewards boost formula
Aquarius proposes a liquidity rewards boost formula for ICE token holders, modeled on Curve Finance's ve-system. The mechanism applies to both AMM and SDEX rewards, with boosts up to 2.5x based on ICE holdings relative to liquidity provided.
Aquarius published a governance proposal for an ICE liquidity rewards boost, adapting Curve Finance's battle-tested ve-system formula to Stellar. The formula boosts AQUA rewards for liquidity providers who hold ICE tokens, with multipliers ranging from 1x to 2.5x based on the ratio of a user's ICE to their liquidity pool share. This represents Stage 3 of the ICE rollout, following successful testing in Stages 1 and 2. The boost applies uniformly across both AMM pools and SDEX markets, with minor technical adjustments for SDEX's order-book mechanics, including time-in-book, spread weights, and fulfillment rates. Each user's boost recalculates hourly. By adopting a mechanism proven on Ethereum, Aquarius aims to attract deeper liquidity to Stellar's trading infrastructure while maintaining implementation simplicity. Community voting determines whether to proceed with this formula.
