Restucture SDEX Rewards Into A New Trading Competition Format
Aquarius proposes restructuring SDEX rewards from liquidity provision to trading volume, introducing a two-phase plan: decouple SDEX and AMM voting, then launch trading competitions with anti-wash-trading safeguards.
Aquarius proposes a major restructuring of SDEX (Stellar DEX) incentives. Phase 1 decouples SDEX and AMM reward voting, consolidating the 7M AQUA reward pool to be distributed based on community votes instead of fixed splits. Phase 2 introduces trading competition events that reward trading volume over passive liquidity provision. The competitions include anti-wash-trading mechanics: order update penalties (exceeding 3 updates forfeits rewards), buy/sell ratio bonuses (1:1 ratio maximizes rewards), and order timing penalties (trades too close together reduce rewards). Eligible traders must hold ICE tokens and register per event. Rewards are held post-event to allow community to verify no wash trading occurred before releasing funds.