Introduce an Asset Eligibility Registry for AQUA Emissions and Incentives
Aquarius proposes an Asset Eligibility Registry requiring governance approval for assets to receive AQUA emissions. The mechanism replaces an easily-exploited voting threshold with explicit yes/no governance votes, reducing rug-pull risk for liquidity providers while preserving open signaling.
Aquarius governance proposes an on-chain Asset Eligibility Registry to protect liquidity providers from rug pulls and malicious assets. Currently, assets can receive AQUA emissions by surpassing a 0.5% voting threshold, a bar that bad actors exploit with minimal capital or external bribes. Under the new system, only explicitly whitelisted assets receive emissions. XLM, AQUA, and USDC become default Tier 1 assets; all others require governance approval through dedicated voting proposals. Revocation is also governance-driven. The registry rolls back existing rewarded assets during a grace period that ends when either 15 assets are approved or 50% of emissions align with whitelisted assets. Pool incentives align under the same rules.