Aqua Protocol: Detailed Explanation of AquaXP Airdrop

Bittime – Aqua Protocol, the leading decentralized finance (DeFi) platform on the TON blockchain, recently announced the launch of the official (and final) testnet for Aqua Protocol V3. This opens up the opportunity for users to experience the first decentralized and censorship-resistant stablecoin protocol on TON before its long-awaited mainnet launch.

Aqua Protocol More Than Just a Game or Farming

Unlike other platforms that offer farming rewards to attract users, Aqua Protocol emphasizes that they are not just a game or farming platform. They are focused on developing secure and sustainable decentralized stablecoin protocols.

Aqua Protocol Farming Goals

However, Aqua Protocol still uses a farming program to achieve several important goals, namely:

• Attracting New Users: Farming becomes a cost-effective way to attract new users to the Aqua Protocol ecosystem.

• Active User Identification: They want to attract users who have the potential to become active participants in the Web3 community.

• Rewards for Activities: Users are rewarded with drops for participating in activities, thereby encouraging their interest.

• Continuing Education: Once initial interest is established, Aqua Protocol plans to continue educating users to become active participants and users of AquaUSD.

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Limited Aqua Protocol Drop Allocation and Rational Approach to Rewards

Aqua Protocol has a limited drop allocation and is structured in the project tokenomics. They can't distribute a large portion of the token supply to all users, like NotCoin does. Aqua Protocol emphasizes that they are serious financial instruments, not meme coins.

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To ensure that rewards are given to users who are truly interested and ready to become part of their community, Aqua Protocol employs a rational approach in distributing drops. The drop will be distributed to those who understand the technical aspects of the project, such as receiving TON into their wallets and making transactions.

Objective Aqua Protocol Reward and Score System

Aqua Protocol uses Nomis Protocol and a scoring system to achieve two main goals:

• Giving Rewards to More Active Users: Users with a high Nomis score (40 or more) will receive more significant rewards thanks to the multiplier effect. This approach aims to incentivize and reward users who actively contribute to the Aqua Protocol ecosystem.

• Rewarding Real Effort: Those who invest time and effort into tasks such as minting NFTs and conducting blockchain transactions will receive associated rewards. Even if their Nomis score is below 40, they are still entitled to a reward after completing this task. It should be noted that transactions on TON require a certain number of tokens, and this is in line with current operational needs.

Conclusion 

Aqua Protocol emphasizes their commitment to creating a stable, valuable and censorship-resistant DeFi ecosystem on the TON blockchain. They appreciate the understanding and support of all Aqua Protocol participants.

The launch of the Aqua Protocol V3 testnet marks an important step in realizing Aqua Protocol's vision. With active participation from the community and continued commitment from the Aqua Protocol team, DeFi on TON has bright prospects to grow and provide innovative and secure financial solutions to its users.

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