What is AquaXP and what are the benefits of the upcoming AQUA token?AquaXP is a token awarded to active members of the Aqua Protocol community for their contributions to the project’s development. These tokens were distributed to those who helped test the system, reported bugs, participated in farming, promoted the protocol, and supported the team with moderation and development efforts since June 2023. Currently, Aqua Protocol is also rewarding AquaXP to those providing liquidity on DeDust.
AquaXP can be exchanged for the upcoming governance token "AQUA," which will grant holders voting rights in the protocol’s decision-making and a share of the protocol's revenue.
Why is AQUA valuable?The AQUA token will function similarly to Storm Trade’s token, being tied to Aqua Protocol’s revenue. 40% of the protocol’s income will be distributed to AQUA stakers, making token holders effectively co-owners of the protocol.
How can you use AquaXP?1.
Exchange for AQUA: Once the AQUA token is launched, you can exchange AquaXP for AQUA at a fixed rate.
2.
Stake on jVault: By staking AquaXP on the jVault platform, you can earn additional rewards while waiting for the opportunity to exchange them for AQUA.
💧
Buy/Sell AquaXP here: [
link]
💧
Stake AquaXP here: [
link]
Total AquaXP supply here: [
link]
————————
Aqua Protocol APP - Mainnet is live