On-chain proposals from the DAOs that govern Stellar protocols — voted on-chain, summarized here with the context behind each one.
Glo Dollar, a non-profit stablecoin, proposes integration into Reflector's oracle to enable Blend DeFi pool support.
Aquarius proposes tightening spread requirements for SDEX liquidity provider rewards. Only offers within 1.5% of market price from either side would qualify for AQUA incentives, eliminating rewards for orders with 40%+ spreads that provide no real benefit to traders.
Aquarius DAO proposes downvote immunity for projects paired with major assets. The governance action would grant immunity from downvotes to projects paired with XLM, AQUA, USDC, or EURC, addressing anticompetitive blocking and enabling new DeFi projects like Blend to compete fairly in the reward zone.
Aquarius governance proposal introduces a tiered boost system for liquidity rewards. AQUA pairs receive a 50% boost (up from 25%), XLM and USDC pairs get 30%, with a 10% total reward cap per pair. The proposal builds on earlier governance efforts and aims to incentivize interconnected markets while reducing isolated, manipulation-prone liquidity pools.
Aquarius proposes consolidating AMM rewards entirely onto Soroban, deprecating the Classic AMM. Daily 7 million AQUA will split between the Soroban AMM and native Stellar order book liquidity providers. The Soroban AMM has matured with $6-8M TVL and passed security audits from CoinFabrik and Certora.
Aquarius proposes revamping its boost system with a tier-based framework that prioritizes authenticity and real liquidity over voting influence. The initial proposal creates 5 tiers with boosts ranging from 40% (AQUA/XLM pair) down to zero for other pairs, with future phases to add bonuses tied to asset age, trading volume, compliance, and verification status.
YieldBlox DAO proposes a second pool bootstrap event, committing 1 million $Blnd tokens toward expanded liquidity with a $7,500 USDC minimum target.
YieldBlox DAO is seeking community signal on launching a second Blend lending pool dedicated to Ultra Stellar's Bitcoin and Ether pegged assets. The separate pool would segregate risk from the primary pool, utilize idle DAO treasury BLND, and address Soroban contract deployment limits.
Aqua governance proposal to replace fixed 500k AQUA rewards for proposal creators with a variable system that ties rewards to proposal complexity, from 100k AQUA base to 1M AQUA maximum.
Aquarius proposes restricting assets with Stellar flags (AUTH_REQUIRED, AUTH_REVOCABLE, AUTH_CLAWBACK_ENABLED) that give issuers control over user wallets. The two-stage approach blocks flagged assets immediately, then allows case-by-case community review via governance.
Dogstar proposes a 60 million AQUA grant from Aquarius DAO to lock XTAR/AQUA and XLM/XTAR trading pairs into the rewards zone for 8 years, allocating funds toward prizes and token sponsorship for the Dogstar League, a gaming-based platform where Stellar users learn DeFi through trading competitions.
Aquarius proposes a new exponential function to dynamically split AQUA rewards between SDEX market makers and AMM liquidity providers on a per-market basis. The system allocates rewards based on liquidity quality and volume, maintaining a 10% minimum floor for both venues. This aims to better incentivize market making across different asset types and market conditions.
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.
Aquarius governance proposal #76 proposes reducing the maximum reward zone allocation for any single market pair from 20% to 10%. The change aims to spread incentives more evenly, prevent reward concentration, and make downvotes more effective.
Aquarius governance proposal to reduce the reward zone threshold from 1% to 0.5%. The change aims to expand which projects and markets can access rewards and gain further reach, helping distribute incentives more broadly across the Stellar ecosystem while driving liquidity provision.
Aquarius governance proposal #72 addresses a double-dipping exploit where liquidity providers can move votes between pools after snapshots, inflating both bribes and daily rewards. The fix: take snapshots for both metrics at the same random time daily.
Aquarius governance proposes fixing an AMM rewards exploit where users game the system by adding and removing liquidity in 3-8 minute windows around snapshot times to claim full-hour rewards. Solution: switch to random-time or multiple snapshots. If passed, 500,000 AQUA will be burned.
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 governance proposal to reduce the voting boost for AQUA-paired markets from 50% to 25%, aiming to rebalance rewards across market pairs and improve incentive allocation for non-AQUA liquidity.
Aquarius governance approved a permanent bribe strategy for eight key market pairs, allocating 700,000 AQUA per week to incentivize voting. The strategy targets XLM/Aqua, USDC/Aqua, and anchored pairs using Ultra Stellar's BTC and ETH assets, aiming to grow TVL matching the existing $1.1M XLM/Aqua pool.
Aquarius governance proposes a 50% vote boost for any liquidity pool that includes AQUA as the secondary asset, aimed at reducing vote bribery and redirecting daily rewards toward locking mechanisms. The change addresses a pattern where 70% of daily 7M AQUA rewards have been allocated to non-AQUA pairs and immediately sold, creating sustained downward price pressure.
Aquarius governance proposal to prevent tokens with locked supply from entering the reward zone and claiming AQUA rewards without community access to the underlying assets.
Aquarius governance proposes five amendments to Airdrop #2 including AQUA token valuation, rewards for liquidity providers, staggered unlock timing, and optional token locking for up to 3x reward boost. Snapshot moves to January 15.
Ultra Stellar proposes integrating AQUA as a rewards and loyalty token across its products, requesting a 100M AQUA grant from the Aquarius Community DAO Fund. Funds support promotion, fee refunds for AQUA holders, referral rewards, and asset dust collection.
