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AQU Token

AQU

AQU is the secondary token issued by the Aquarius. It captures the fee revenue that is generated by the system and incentivizes early adopters and Frontend Operators.

AQU Transfer Fee

Overview

Based on the design philosophy of Liquity, the protocol does not have any function of governance, nor will AQU have the function of governance or voting. We therefore designed this system to encourage holders to stake AQU in long terms to capture more platform fees. ‌

Mechanism

The token contract will charge a 5% fee for each AQU transaction.
  • 2.4% of transactions will be sent to the AQU stakers
  • 2.5% of transactions will be exchanged to LP tokens and added in the AQU-FTM Pool of SushiSwap.
  • 0.1% of transactions will be burnt

Whitelist:

  • Stake/Unstake AQU in AQU Pool
  • Withdraw AQU from Stability Pool
  • Remove AQU-FTM - LP in SushiSwap
  • Transfer from Multi-Sig wallets
*Above operations in whitelist are exempt from the 5% transaction fee.
Last modified 6mo ago