Stellar Community Fund

By Aquarius

Aquarius

Liquidity Award - '24 Q1

$100.0K

Liquidity Award

Pending

Aquarius is a liquidity layer built upon Stellar, with inbuilt AMMs and swap functionality. Our mission is to bootstrap liquidity on the Stellar network and help decrease friction between assets deployed on the network.

Products & Services

Aquarius has been contributing towards liquidity on the Stellar network since 2021 by offering rewards to those who provide market making and liquidity provision for certain markets on Stellar. Our latest innovations include our own AMMs, providing a wider range of AMM types for the Stellar network to take advantage of. We have also started work on our yield bridge, enabling the encouragement of more liquidity to flow into the Stellar network by making paths between Stellar and Ethereum based yield protocols.

Soroban

Yes

Requested Budget

$100.0K

Go-To-Market Plan

Q3 2024 -> Roll out the full AQUA rewards system to help boots liquidity on all eligible markets as chosen by the community. Introduce rewards program for engaging with social channels and other aspects of Aquarius to boost reach. Improve on the integration within LOBSTR to boost Aquarius and our AMMs reach to more of the Stellar ecosystem. Q4 2024 -> Launch our yield bridge to bring additional yield bearing assets into Aquarius which can be used for liquidity within our AMMs. The yield bridge joins Stellar to Ethereum based yield protocols like Aave.

Q1 2025 -> Continue building out our more advanced AMMs to bring even more liquidity to Stellar due to better returns on investments compared to other DeFi protocols.