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Articlemedium.comAquarius4y ago

Introducing Aquarius Bribes

Aquarius introduces native 'Bribes' feature on the Stellar blockchain, enabling projects to reward AQUA holders for voting on liquidity markets without custom development. Bribes are set up via a simple interface at vote.aqua.network/bribes, using any Stellar asset with a minimum value equivalent to 100,000 AQUA. Distribution begins February 28th, with a 10M AQUA launch bonus for new markets.

DeFiGovernance
Lumen Loop's take

Aquarius, a liquidity rewards protocol on Stellar, launches 'Aquarius Bribes' to decentralize vote buying for market liquidity pairs. Projects can easily allocate bribes to markets through the vote.aqua.network/bribes interface, specifying assets, amounts, and periods, with on-chain enforcement via claimable balances and timestamp predicates. Bribes require a minimum 100,000 AQUA value, achieved by converting part of the bribe into AQUA via path payments to protect voters from volatility and spam. Weekly collections and distributions ensure transparency and guarantees, visible directly on the voting site. Any Stellar asset like XLM or USDC can be used, and voters receive shares daily proportional to their votes. As a launch incentive, 10M AQUA from the team will match the first 100 new market bribes with an extra 100,000 AQUA each.

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Aquarius is a liquidity layer designed to incentivize market-making and liquidity provision on the Stellar network's native dece…

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