Aquarius announces the Signers Guild to decentralize control over key AQUA wallets on the Stellar network, using native multisignature capabilities with up to 20 community members. The guild will manage 75%+ of uncirculated AQUA supply, including liquidity rewards, airdrops, and DAO funds, requiring majority approval for transactions. This initiative supports Aquarius's goals of enhancing SDEX and AMM liquidity through community governance.
Aquarius, a protocol aimed at improving liquidity on the Stellar network, is incentivizing SDEX market makers and preparing AQUA rewards for AMM liquidity providers following Protocol 18 upgrade. To advance decentralization, they are launching a voting tool for AQUA holders to select rewarded markets and pools, alongside a governance tool for DAO decisions on over 1B AQUA funds. The newly announced Aquarius Signers Guild will provide multisig control over major wallets like liquidity rewards, Airdrop 2, Community DAO Fund, and voting rewards, targeting 7-10 initial signers from the community, expandable to 20. Signers must deposit refundable funds, receive AQUA payments, and can be removed for inactivity; applications are open via a Google form. This step ensures community-driven allocation of funds in line with voting outcomes, fostering true DAO functionality.
