Aqua Protocol


Introducing Aqua Protocol: The First LST-Backed lending Platform and Our Fundamental Goals.
Aqua Protocol emerges as a pioneering decentralized platform, not only infusing stability into the dynamic cryptocurrency market but also functioning as a lending protocol. It primarily focuses on Liquid Staking Tokens (LSTs), with a special emphasis on TONCOINs and a variety of supported TONCOINs proof-of-stake LSTs as its key elements.

AquaUSD: A New Era of Stability in Ton Blockchain's DeFi Ecosystem

Aqua Protocol is paving the way in the Ton blockchain by enabling loans through the issuance of AquaUSD, an over-collateralized decentralized stablecoin. Pegged 1:1 to the US Dollar, AquaUSD is the first stablecoin of its kind on the Ton blockchain.
The protocol allows users to create AquaUSD by using Toncoins and other eligible Liquid Staking Tokens (LSTs) as collateral. This approach not only ensures liquidity but also maintains security within the Aqua Protocol's ecosystem. AquaUSD's adherence to a 1:1 USD peg enhances its usability and accessibility, making it an efficient instrument for diverse DeFi transactions.
In the fluctuating world of cryptocurrencies, AquaUSD introduces a stable and secure option, especially within the Ton blockchain environment. Its debut marks a significant stride in expanding the functionality and reach of stablecoins in the dynamic DeFi sector.

A Groundbreaking Strategy for Yield Generation in DeFi Markets through Aqua Protocol

Aqua Protocol sets itself apart in the DeFi space with an innovative approach that elevates capital efficiency. Unlike other platforms that use non-income-generating assets as collateral, Aqua Protocol allows users to deposit TONcoin or Liquid Staking Tokens (LSTs) and mint AquaUSD against these holdings. This methodology is unique because the collateral itself is an active, yield-generating asset, engaged in staking activities.
As users stake TONcoin or LSTs within the protocol, these assets continue to earn returns from their respective staking processes. This means that while users are utilizing the minted AquaUSD for their financial activities, their collateral is simultaneously appreciating in value through staking yields. This dual benefit of liquidity access and ongoing yield generation from staked collateral makes Aqua Protocol more capital-efficient compared to counterparts that rely on static collateral.
The introduction of AquaUSD in this context offers a two-fold advantage: it provides a stable medium for transactions while ensuring that users' collateral continues to grow in value. This positions Aqua Protocol as a smart choice for those seeking to maximize the efficiency and returns of their digital assets in the DeFi market.

Enhancing Collateral Asset Range in Aqua Protocol next versions

The upcoming Aqua Protocol Versions aim to broaden its support for a diverse array of Liquid Staking Tokens (LSTs) as collateral. This expansion will offer enhanced flexibility and options for AquaUSD users and borrowers. Additionally, it will grant increased independence to the Aqua Protocol DAO, allowing for more dynamic governance. Following any DAO proposal and its resultant voting, the Aqua Contract Admin will have the capability to add or remove supported assets, aligning with the governance outcomes. Such versatility ensures that Aqua Protocol remains a leader in the rapidly changing DeFi sector, while maintaining the utmost priority on the protocol's security and stability.