Aquarius announces participation in Stellar Community Fund round 15 to develop Soroban-powered AMMs on the Stellar network. The project aims to create Uniswap v2-style smart contracts, advanced AMM types, and AQUA reward distribution on Soroban futurenet. This builds on Aquarius' established liquidity incentivization system, which has distributed over $2.25M in rewards.
Aquarius, a liquidity layer on Stellar since 2021, is leveraging Soroban smart contracts to revolutionize AMMs and boost network liquidity. Participating in SCF #15, their first deliverable is complete, with plans for Uniswap v2-style AMMs, stable swaps, multi-asset MAMMs, and concentrated liquidity on Soroban futurenet, plus a demo interface. They will also migrate AQUA reward engines to Soroban for decentralized distribution to liquidity providers. With 120K AQUA holders and 4 billion tokens rewarded (worth $2.25M), Aquarius uses on-chain governance via AQUA and ICE tokens to incentivize top DEX/AMM markets. Educational content will introduce Soroban to users and the Stellar community, fostering DeFi growth.
