Whitelist USDY (Ondo Finance) for Voting Eligibility
Aquarius governance proposal seeks to whitelist USDY, Ondo's yield-bearing Treasury-backed stablecoin, for liquidity voting and AQUA rewards. The move expands institutional asset diversity on Stellar's DEX incentive layer.
Aquarius, the Stellar network's liquidity management protocol, is seeking community approval to whitelist USDY for liquidity voting and AQUA token rewards. USDY is a yield-bearing stablecoin issued by Ondo Finance, fully backed by short-term U.S. Treasury securities. The proposal addresses a compliance-related barrier: USDY carries institutional asset flags (such as Clawback Enabled) that currently exclude it from Aquarius incentive programs. Whitelisting it expands Aquarius pools with a new category—yield-bearing Treasury-backed instruments—beyond pure stablecoins, strengthening institutional adoption pathways on Stellar while giving community liquidity providers access to yield-enhanced assets.
