Aquarius is a new approach aimed at enhancing Stellar DEX by increasing liquidity and enabling stakeholders to manage how it’s allocated across different trading pairs. Aquarius introduces additional incentives for traders who add and maintain liquidity on the SDEX. Using AQUA tokens, the community sets market maker reward rules and chooses the pairs where liquidity is most needed. Aquarius will also create tools to interact with the system, vote on liquidity rewards, and view the present reward distribution.

Aquarius is set to collaborate with Stellar DEX and the forthcoming AMM layer, so that both market-making activities on SDEX and liquidity supply on Stellar AMMs can be rewarded via Aquarius.

AQUA serves as the reward and on-chain voting currency within Aquarius. AQUA holders can vote on which market pairs should receive more liquidity and can also choose trusted assets. Traders and LPs earn AQUA for activity on the selected market pairs.