$xAQUA

xAQUA is a non-transferable, escrowed token which represents 1 unit of AQUA held in escrow within the xAQUA smart contract. While xAQUA itself is non-transferable, it provides users with different exit options, instant or vesting.

xAQUA plays a significant role in creating a sustainable tokenomics strategy.

Farming rewards will be distributed in xAQUA/AQUA in an 80%/20% ratio. In other words, most of our emissions will require a vesting period to become liquid, ensuring that LPs are aligned with the long-term objectives of the protocol thus containing any short-term selling pressure.

Illiquid doesn’t mean unprofitable: xAQUA allows its holders to earn Treasures directly from the protocol's earnings.

AQUA > xAQUA conversion.

AQUA can be freely converted into xAQUA at any time through our xAQUA dashboard. The process is instant, and the ratio is 1:1.

xAQUA > AQUA conversion.

Users can obtain AQUA by staking xAQUA.

You must consider the following ratio and output rates when redeeming your xAQUA tokens:

• Minimum duration - 15 days (50% AQUA as output - ratio 0.5:1)

• Maximum duration - 3 months (100% AQUA as output - ratio 1:1)

xAQUA role in Atlantis Ecosystem

Treasures

Treasures account for 20% of total protocol earnings. They will be distributed to users which allocate xAQUA in the Treasures feature.

For more information visit Treasures.

Launchpad Allocation

xAQUA holders stand to benefit in another way on our Launchpad, where you will have the opportunity to increase your allocation by staking your xAQUA tokens. This staking mechanism will allow you to increase your chances of obtaining an allocation in the initial projects launched. We will announce the lock period for staking your tokens to earn a larger Allocation when we release details on the first projects that will be hosted on our Launchpad.