Aqualis Power (AP) holders will be entitled to vote on DAO proposals, earn a share of the protocol revenue and future third party partner tokens. This will be enabled through the AP Rewards Pool which will be predominantly funded by the Aqualis protocol revenue distributions, but as Aqualis establishes itself as a leading DeFi protocol, there may be exclusive third party token rewards as well. This is subject to third party token availability.
Weekly Reward Epochs
At the beginning of each week, 10% of the AQL in the rewards smart contract will be distributed to AQL stakers over the following week. This ensures a smooth distribution over time even in times of volatile revenue, giving stakers more certainty of their expected rewards over a 10 week period.
AP Rewards Pool Accumulation
Stablecoin protocol revenue will accrue in the SP as users trade and take stable coin loans. Protocol revenue in cryptocurrencies such as BTC, ETH and MATIC will also accrue from interest payments from cryptocurrency loans.
Periodically, all cryptocurrency revenue will be sold into AQL tokens and deposited into the following week's epoch rewards.
Third Party Promotions
As Aqualis builds a reputation across the DeFi space, it is expected newer third party protocols will want to leverage the Aqualis community for additional exposure. To assist with this, Aqualis will accept a token allocation from these third party protocols to distribute to AQL stakers. However, these will be done through staking pools rather than through AP, meaning users with liquid AQL will be able to take advantage of additional rewards as well. It is expected more promotions will be ran once Aqualis v2 is launched.
Aqualis will endeavor to vet these teams and only accept high quality projects, but by no means does Aqualis endorse these third party protocols nor should these promotions be interpreted as financial advice.