Aquarius Protocol

Aquarius is a fork of the Liquity protocol in the Fantom network. Aquarius has the features and benefits consistent with the Liquity protocol. In addition, based on the concept of Liquity, we have designed a new tokenomics to adapt to the fantom network.

Core Feature

  • By staking FTM assets, Stablecoin (aUSD) of zero interest-fee is minted to improve capital utilization.
  • Minimum collateral ratio of 110% — more efficient usage of deposited FTM
  • Governance free — all operations are algorithmic and fully automated, and protocol parameters are set at time of contract deployment
  • Directly redeemable — aUSD can be redeemed at face value for the underlying collateral at any time
  • Fully decentralized — Aquarius contracts have no admin keys and will be accessible via multiple interfaces hosted by different Frontend Operators, making it censorship resistant.
  • Token (AQU) holders can earn aUSD (Borrowing fee), FTM (Redemption fee) and AQU (Tranfer fee).

Main use cases

  1. 1.
    Borrow aUSD against FTM by opening a Trove
  2. 2.
    Secure Aquarius by providing aUSD to the Stability Pool in exchange for rewards
  3. 3.
    Stake AQU to earn the fee revenue paid for borrowing/redeeming aUSD or transferring AQU.
  4. 4.
    Redeem 1 aUSD for 1 USD worth of FTM when the aUSD peg falls below $1


In view of the perfect system and success of Liquity, we expect Aquarius to be the next MakerDao in the Fantom network. With the growth of Fantom network, aUSD might become one of the important Stablecoin assets.
We hope that Aquarius would become the fundamental financial infrastructure in Fantom network.

Supervisor & Co-Signer

LiquityFi - LiquityFI is a well-known third-party frontend of Liquity protocol.
We are delighted to receive the trust and endorsement by the LiquityFi team, who will also be our third-party front-end provider! They offered some good ideas for Aquarius. Also, LiquityFi is willing to be our wallet signer, which will make us more transparent and trusted.
We strongly recommend that every user can study Liquity Protocol carefully before use Aquarius. You can directly read the official Liquity documentation and find more details, or join our community to discuss it.
Last modified 11mo ago