I hope you are all everyone
And yes, today we have a very
exciting AMA with Aquarius Loan
AMAs with projects building the arbitrary ecosystem,
the web tree ecosystem, and yeah,
it's a pretty exciting for this one we are,
that we are going to have.
And yeah, well, maybe we can start with some introductions.
Here we have the Aquarius Loan main account.
And behind that account is Rex, right?
Wondering if you would like to introduce to the community,
maybe you can share more about yourself.
So everybody knew who we are, I guess.
Yeah, that would be fantastic.
Maybe can we start with, yeah, what is Aquarius,
and what can you do there?
So we're actually the original team
This is actually our second project
We're the original principal team of Venus originally.
So currently, we're not related to the current team
of Venus, by the way, just to clarify.
So we started in core, and we've been building liquidity there.
And we're now looking into venturing into cross-chain.
And now, Aquatron is actually the first cross-chain
that we have in mind, and we are looking forward
to work with you guys on this.
And I'm wondering, what's the best way for the community
to get started, to get to know more about Aquarius?
For sure, go into your X account and website,
and I see you also have a telegram.
But yeah, what's the best way for that?
The best way is follow us on Twitter right now,
You can also visit our website, aquarius.long,
A-Q-U-A-R-I-U-S dot L-O-A-N.
And from there, you can access a protocol there,
and you can see all the features as well as staking options
and how you can actually use this
to improve your financial portfolio.
Fantastic, yeah, very straightforward process, fantastic.
Yeah, well, if someone wants to get to know more
about Aquarius, just as you heard,
you can just join their website on X and also telegram.
Well, I wanted to ask you as well,
what inspired Aquarius Long to expand to Arbitrum?
And yeah, so how do you anticipate this,
that this move will benefit the platform
and also the community there?
So Aquarius Long is expanding into our Arbitrum chain
to make the platform a little bit better for the user.
So we're doing this for actually a few reasons.
First of all, is Arbitrum handles transactions
more effectively, leading to a lower fee,
compared to a theorem network.
I mean, the fee is a huge difference
compared to a theorem network.
This means that user can process a long faster
and more affordable in a decentralized finance world.
And secondly, Arbitrum is a growing DeFi ecosystem
Arbitrum is actually the second fastest growing ecosystem
in the entire crypto space that I can see right now.
And we wanna be part of this growth
to reach more user and get more TVL
and become stronger into the market.
So this move actually makes things
a little better for the user.
With Arbitrum, transactions is quicker and cheaper
and provide a smooth experience.
This help keep existing user of ours happy on the core side
as well as attracting new one,
looking through a little more user-friendly DeFi
So prior to launching on Arbitrum,
we actually updated our website quite a bit
to make a little more user-friendly.
And we also have a multi-language system
where user from Chinese can actually access a website
and we have native Chinese support.
So lastly, moving to Arbitrum also help
Aquarius Long manage risk better.
So by using a different blockchain,
we reduce our reliance on one system,
making a smart move in ever-changing crypto world.
So in summary, Aquarius Long expansion into Arbitrum
It will expose our protocol to more user
and better experience and smaller risk management
for the platform as well as the users.
It's great to see you here building Arbitrum ecosystem
And yeah, well, what do you think about the,
like, what were the advantage or features
that you saw on Arbitrum that at the end,
yeah, Arbitrum was chosen by Aquarius for its expansion.
The biggest reason for us to choose Arbitrum
Arbitrum is one of the largest user base
we have currently in crypto space.
And we decided to expand into Arbitrum changes
motivated by several key advantage
and feature seamlessly aligned with the go and need
with both Aquarius Long as well as our user.
So as a layered, true-scaling solution
for Apirium, Arbitrum accelerate transaction speed
by processing transaction away from the main blockchain.
So this not only quickened the process
but also significantly will reduce the transaction cost.
The network also provide much lower transaction cost
in particular an advantage for the platform site
or for example, with aquariums,
which involve frequent transaction
within a decentralized room.
Also, Arbitrum support a fair and smart contract asset
with our requirements and if it could change.
So for us going cross-chain from core DAO to Arbitrum
is actually a fairly easy process
for us making it adapt to Arbitrum
while leveraging existing your fair base code
and infrastructure that will be easier for us.
So as well as we want to thanks
the optimistic roll-up technology in Arbitrum.
So Arbitrum the same transaction of valid by default
result in a much faster transaction.
Aquarius Long tap into our growing ecosystem
bursting with projects and user
and this move allows Aquarius Long
to become part of the community
potentially expanding its user base
and overall market reach.
So in summary, Arbitrum brings together efficiency,
cost saving and with the support
of Ethereum capability and the top notch security
developer friendly feature
and make it a compelling choice for a platform like ours
to seeking to elevate the surface
in this dynamic world of DeFi.
Yeah, totally makes sense.
And I totally agree with you.
Like the community is awesome.
Yeah, yeah, it is, it is, it's awesome.
And yeah, I think as well since the beginning,
since they want like Arbitrum is being focused
on the technology and in the security first mindset.
So yeah, and we are still working towards that
to improve that path where there is more
centralization, more security.
And yeah, there is many, many new things
in the Arbitrum ecosystem too with Arbitrum Orbit
where you can build your customized chain,
your layer two, your layer three
and yeah, this will help a lot with interoperability
and scalability in the entire ecosystem.
And yeah, there are more upgrades like vault
or stylus that this has to be analyzed
and bulleted by the DAO when it's time
that a vault is going to allow permissionless validation
for the Arbitrum network.
And yeah, this means that it's going
to be more decentralized and secure.
And also stylus that will allow developers
to build smart contracts using their fabric languages,
building languages like C or C++ or even Rust.
So yeah, many exciting things that are happening right now
and for sure having Aquarius Loan be part
of this ecosystem is awesome.
And I would like to ask you more as well
about how does Aquarius Loan plan to attract
and retain new users through this expansion
that you're now on Arbitrum
and where are the anticipated impacts
on the existing community that you already have?
So first of all, let me start by saying
according to DeFi Llama, Arbitrum right now
is currently holding a astronomical number
So that is the biggest attraction for our team
and we're hoping to gain some TVL
and grow Arbitrum together.
And so basically bring more user from cross chain
to basically allow more TVL to be built within Arbitrum.
So Aquarius Loan decision to expand
into Arbitrum chains motivated
at several key advantage and feature seamless need
for both of the Aquarius Loan and our user
as a layer to a scaling solution in Arbitrum
and Arbitrum accelerate transaction speed
by processing transaction away from the main
Ethereum blockchain, which is one of the biggest advantage.
And the network also provide much lower transaction fee
per particularly advantage for platform like ours.
The seeming integration for Arbitrum is another key feature
and despite the processing the transaction off chain,
Arbitrum maintain the security
and decentralization of the Ethereum network.
So a reassuring aspect when it comes
to the security focused DeFi landscape.
Also, like I was mentioning earlier
optimistic rule of technology is allows to
by default are resulting in a faster transaction
So I guess the biggest advantage we have right now
is to bring together efficiency cost slaving
and the developer finally
which makes it very compelling for us to retain a user
as well as gaining a new additional user
Amazing, those are huge plans and yeah, great.
Thank you for your insights are super valuable
and important to know as well
because you are mentioning this in the sense
that you are like you are behind it,
behind the, you are building a Aquarius Loan.
So those comments are very, very valuable for us to know.
So yeah, cool to learn about it too.
And I would like to ask you as well,
like what about your future plans
or developments for Aquarius Loan?
Future plans, so Aquarius Loan has taken quite a bit
of growth and innovation journey
by expanding into our Arbitrum chain.
So looking ahead, we're excited.
We have exciting plans lined up for our user.
So these include introducing advanced finance protocol
like diverse lending and following option.
So innovative staking product and enhancing security
through potential integration and insurance protocol.
I know a lot of lending protocol doesn't offer
any of the insurance protocol.
So we're looking into being one of the first one
to actually, well, one of the few one
to offer this security for our user.
So user experiences are top priority for us
with the plan of streamlining the platform interface,
making lending, following and staking
a little more user-friendly based on the community feedback.
So we do take community feedback pretty seriously.
And we're also working on decentralized governance features
such as Dow, allowing user to have a bigger say
in business you're making through Dow mechanism structure
Currently is at work right now at the Dow is not launch yet
but we're working on that.
We're also aiming to enhance the liquidity solution
exploring cross-chain functionality
for this seamless asset transfer
as well as ensure an ongoing security upgrade for audit.
And we're adopting regulatory changes
as well as engaging community, remaining educational
and while continuously research and development
keeping the platform as a front runner
So our goal is to provide dynamic, secure
and user centric DeFi platform that evolve
to meet users and communities need.
Huge things coming, it's amazing to really share
some alpha here and I noticed that there is more people
joining the AMA and I just want to share that.
Well, we are talking here with Aquarius
which is a lending protocol and also for someone new
that is just joining and getting to know about Aquarius.
Can you explain as well how the platform differentiates itself
from other lending and staking services in the DeFi space?
Where are the key differences that is offering?
So as I mentioned earlier, we were the principal team
developer for Venus and Aquarius loan stand out
as a DeFi space by prioritizing user centric design
The platform ensure a seamless experience
for both newcomer and experienced users from the past
by reducing entry barrier and providing the inter interface
also help diverse range of lending and staking products
including flexible long-term competitive interest rate
as well as innovating staking option.
So just tossing it out there our current APY for staking
and TVO into our return changes over some of the tokens
is actually over 300 API right now.
So it's a good time to not invest into it
and the platform is in employee advanced risk
management features such as careful calibrated
long devalue ratio, diversified cloud rule option
and real time monitoring system to protect users
as it from the market, the utility.
Aquarius long optimize the liquidity capital efficiency
through advanced algorithm and liquidity pool
providing user with constant access to fund
So importantly it is integrated with multiple blockchain
expanding access to DeFi surface across a different ecosystem
fostering that diversification opportunity.
So community engagement is the core focus for us
and we take user speed back very seriously.
The platform prioritize security through regular audit
and transparent operation also provide a comprehensive
educational resource to help user navigate
So we can actually when it comes to our website
and checkout we actually have a guide on how to use
the product and how user can benefit by just taking
their asset into the protocol, into the albatron chain.
And we also committed to sustainable and ethical practice
so our long term value creation rather than short term
gain and remain dedicated to a continual innovation
staying up a beast and divide trend.
So we're basically gonna be addressing a wide range
of users need and driving the innovation
within a decentralized finance.
So definitely come check us out on our website
Awesome, that was a great explanation.
And recently we've heard like a lot of things happening
in the arbitral in the web ecosystem in general
So I like to know where the measures or procedures
that you've been implementing to ensure security
and stability on aquarius.
So aquarius long prioritize the security
and stability of this platform by especially
after expanding into the albatron chain.
So key measure include right to smart conscious
audit a real time monitoring system
and hence a security protocol.
So regular update and patches decentralize
infrastructure, liquidity and collateral management.
So compliance, we're also compliant
with albatron standard committed driven security approach
ongoing education and better privacy measure.
These effort aims to ensure a secure
and trustworthy environment for the evolving
So where we've been audited,
the code is based off of compound
and it is not a cheap audit
and we spend a lot of money to ensure the protocol
is safe for our user and our users funds are safe.
Great, good to know that you also have the security first
mindset is super important.
And what is the impact that do you foresee
this expansion having on the liquidity
and overall as well health of the aquarius long ecosystem?
So the expansion into albatron chain
is set to have a major positive impact on the liquidity
as well as overall health of the ecosystem benefit
both new and existing user through various avenue.
So by tapping into our protocol aquarius long system
gain access to new user and capital pool
resulting in the increase of total value lock
or most quality PBL and more lending
and following opportunities.
So in albatron, there's a lot of high liquidity token
and we can offer all of that
whereas in our current, before we venture into an albatron
that is not an option for us.
So one important things to offer a reliable protocol
is to make sure the token that we have in there
that we're offering as a following lending
has to have a fairly high liquidity
to ensure the protocol is safe
and nobody would be able to temper
with the exploit the system for example.
So additionally utilizing albatron efficiency
leading to a lower transaction cost
make an entry into a D5 more access accessible
to a new user and reducing cost of existing user.
The expansion to the new chain bring in user
a different profile fostering a diverse community
as well as introducing new idea
Accessing the albatron feature allow aquarius long
to develop innovative financial system attracting new user
and providing the assisting one
with more investment option.
So albatrons technical defense
such as faster transactions
would also help with improve overall efficiency
and responsiveness of our platform
and hence aquarius long trust and credibility
into the D5 market attracting more user and partnership.
The new user base provide valuable feedback
for us creating a feedback loop
that enable us to continuously improve the service
and offering based on user's need and market trend.
So in summary, the expansion into albatron chain
is expecting to bring increase in liquidity,
platform stability, efficiency, innovation
in attracting the diverse user base
and strengthening the protocol.
Great to hear that we asked them to see and for sure.
And I also saw that you have a bounty campaign.
Can you explain more this like what is the campaign about?
So we started the bounty campaign
because we're merging into albatron
and the campaign is aimed to enhance user engagement
by offering a reward for action
like supplying liquidity and staking.
Also help target attracting new user
through sustainable reward.
So promoting platform feature
building a long-term liquidity testing scalability
and gathering community feedback
as well as increase market visibility.
So the campaign that is designed to demonstrate
a query's long commitment to the user
and contribute to the vision of the robust,
engaged and growing outcome community
in the competitive P5 landscape.
Where can the community can learn more about it?
Like maybe it's in your ex-account?
It's on our ex-account as well as our website.
Well, we already shared like about what is Aquarius?
Why did you decide to do this expansion to Arbitrum
as well about the security measures you have on the protocol?
I would like to ask you now about how does Aquarius
ensure the security and also privacy
of its users' transactions and data?
So Aquarius long prioritizes user security and privacy
by employing the blockchain technology
for encrypted transaction.
So by conducting a smart contract audit
implementing advanced data to the encryption method,
the platform achieves their straight privacy policy
and support additional security measures
like two-factor authentication and multi-sake wallet
to basically ensure the protocol doesn't fall into the wrong hand.
Continuous monitoring and dedicated incident response team
address potential dead in real time
and user education initiative focus on promoting best practice
for secure and digital assets.
So these comprehensive measurement demonstrate
Aquarius long commitment to provide secure
and private environment for the user
in this decentralized finance world.
That was super important to know.
Thank you so much for sharing it.
Well, I know that we are almost finished ending this AMA.
But yeah, wondering if there's something else
that we haven't touched yet or anything new
that you can share about Aquarius?
So Aquarius is operated under ARS token
and it actually played a critical role
for Aquarius long ecosystem.
So the main focus, the main purpose of the token
is to act as a foundation of governor eventually
and as well as taking reward liquidity to pull vision
as well as accessing exclusive feature.
So ARS token holder have the voting right
in the platform position.
So they can stake for reward and network security
provide a liquidity in the lending pool
and joy reduction access to exclusive features
such as like I was saying earlier,
we will be launching a DAO eventually
once we have a little more token in the circulation
because right now the team is controlling the DAO
decision but once we have enough circulation going on
because we just started this project not too long ago.
There's not a whole lot of Sera token
in circulation right now.
And once we have enough circulation
we'll hand over the token into the staking protocol.
So in essence user will have 100% of control
of the protocol eventually.
Interesting, super interesting to know.
Nice, this was a great day.
To be honest we've learned a lot about Aquarius
and also about everything you're building
or in what's in your plans.
So yeah, thank you very much for joining us today
We're very excited to be here
and we have a lot of plans ahead
and making it grow together at Armitron's network.
Yeah, of course, for sure.
We're going to keep building the ecosystem together.
It's awesome to have you here.
And yeah, thank you all Arvinauts
who joined today as well and are always supportive.
Hope to have a new AMA with you soon
to hear more updates or advances
in the Aquarius Loan ecosystem too.
We're looking forward to working with you guys.