Aqua Protocol
  • Background
    • Introduction
    • Welcome to the World of LSTs
    • Stablecoins on the Market
    • Lending Through Issuing Stablecoins
    • Aqua, the Home of all LSTs
    • TON Ecosystem benefits with Aqua
  • Mechanisms
    • How it works
    • Minting (Borrowing)
    • Repayment
    • Withdrawal
    • Redeem
    • Liquidation
    • Fee model
    • Special parameters
  • Stability and peg mechanisms
    • Stability and Peg Mechanisms in Aqua Protocol
    • Stability pool for AquaUSD under 1 dollar and liquidations.
    • Arbitrage through Redeem if for AquaUSD goes below 1 dollar.
    • Keepers
  • Governance
    • AQUA: The Utility Token of Aqua Protocol & How to Earn an Allocation (AquaXP & AquaRP)
    • Aqua DAO
  • Supplement
    • Roadmap
    • FAQ
    • Security Audits
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  • Enhancing TVL:
  • Catalyzing DeFi Growth:
  1. Background

TON Ecosystem benefits with Aqua

Aqua Protocol uniquely enhances the TON ecosystem by providing utility for Liquid Staking Tokens (LSTs), rather than directly competing with liquid staking protocols like Tonstakers, Bemo, Hipo, TonWhales. Its focus is on improving Total Value Locked (TVL) on TON.

Enhancing TVL:

  • Utility for LSTs: Aqua Protocol leverages LSTs as collateral in stablecoin lending, thereby increasing the ecosystem’s TVL and enhancing the utility of these tokens.

Catalyzing DeFi Growth:

  • Stimulating DeFi Engagement: By improving liquidity and reducing transaction barriers, Aqua Protocol is set to stimulate wider use of DeFi services on TON, attracting both new and existing users to the platform.

In summary, Aqua Protocol plays a vital role in the TON ecosystem, not as a competitor to liquid staking protocols, but as a facilitator that enhances the value and utility of LSTs, thereby contributing to the ecosystem's growth and efficiency.

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Last updated 8 months ago