aequa
US sessionMint USDq

Guides

Stake AEQUA

Staking AEQUA gives your wallet a stAEQUA position. It earns half of every buyback, votes on the protocol's parameters, lowers your mint and redeem fee, and stands behind USDq.

Each buyback: half burned, as plus cells, half streamed to stakers; the part still vesting carries the light.
Share of each buyback
50%
Streamed over
7 days
Unstaking
10 days + 2-day window
Fee from 100,000
5 bps
Fee from 1,000,000
2 bps

What a position does

EarnsHalf of every AEQUA buyback, streamed to the pool over 7 days
Lowers your fee5 bps from 100,000 AEQUA, 2 bps from 1,000,000
VotesOn parameters, collateral and council membership; 1,000,000 AEQUA to propose
Backs USDqAt most 30% of the pool in any 30 days, under the rules below

Stake

  1. Open the AEQUA tab and choose Stake.
  2. Type an amount of AEQUA, or press Max. Your stake after shows the total, and the tier ladder marks where it lands: 10, 5 or 2 bps.
  3. Press Stake AEQUA and approve. Your position, its fee tier and its votes count from confirmation.

A position is an account of the program tied to your wallet, holding shares of the stake pool. It can't be transferred: votes and fee tiers read it directly, so borrowed AEQUA can't stand in for stake, and selling a position can't skip its cooldown.

Staking more adds to the same position. You can stake while the position is active or empty.

Rewards

Every buyback sends half of the AEQUA it buys to the stake pool, and that half streams in evenly over 7 days. As it streams, AEQUA per share rises, so your position grows on its own and there is nothing to claim. Stake that arrives during a stream earns only what streams after it arrives.

staking yield = 0.5 × yearly buyback / staked
yearly buyback
AEQUA bought in a year
staked
AEQUA in the pool

The AEQUA tab shows this as Stream to stakers, a year: AEQUA streamed over the last 30 days, as a yearly rate on AEQUA staked. Both sides are in AEQUA, so no price goes into it. The bottom edge shows the stream in progress and the days it has left.

AEQUA and the buyback explains what funds the buyback and how it buys.

The fee tier

Your tier comes from the AEQUA in your active position when you mint or redeem:

10 bpsBelow 100,000 AEQUA staked
5 bpsFrom 100,000 AEQUA
2 bpsFrom 1,000,000 AEQUA

The tier applies on all four paths, minting and redeeming alike. The wallet button in the app carries a cell for your tier, and the fee row on the Mint tab shows the fee you pay.

Votes

An active position votes with its AEQUA in aequa's DAO on Realms. A proposal needs 1,000,000 AEQUA in active stake behind it, a 5-day vote, a quorum of 10% of active voting power and a 2-day timelock. Governance lists what a vote can change.

Unstake and withdraw

Unstaking cools the whole position for 10 days. Then a 2-day window opens, and during the window you withdraw.

Cooldown · 10 daysWindow · 2 days
StateEarnsBacks USDqFee tier and votesYou can
ActiveYesYesYesStake more, start unstaking
CoolingYesYesNoWait for the window
WindowYesYesNoWithdraw
Window passedYesYesYes, active againStake more, start unstaking
  1. On the AEQUA tab choose Unstake. The pane shows the timeline with the dates the window opens and closes.
  2. Press Start unstaking and approve. The position cools, and its timeline fills a cell a day.
  3. When the window opens, the AEQUA tab's cell turns blue and the account sheet lists the withdrawal under Ready now. Choose Withdraw and press Withdraw AEQUA.

If the window passes without a withdrawal, the position becomes active again, with its fee tier and votes, and unstaking starts a new cooldown.

Backing USDq

The stake pool comes last in a fixed order. If the reserve's value ever sits below USDq supply:

  1. The period's surplus: nothing is distributed until the reserve is whole again.
  2. The Reserve Fund: its USDq is burned up to the shortfall.
  3. The stake pool: only once the Reserve Fund is empty and the shortfall has held through 3 distributions in a row (24 hours).

At that third step, AEQUA moves from the pool to a sale vault, at most 30% of the pool in any 30 days. It is sold for USDq in hourly chunks, each within 5% of the AEQUA trading pool's time-weighted price, and the USDq is burned. Anything raised beyond the shortfall goes to the Reserve Fund. The 24 hours give the guardian time to pause this step while a hedge report is checked; the guardian can pause it, never start it.

The AEQUA tab shows backstop depth: 30% of the AEQUA staked. Cooling positions stay in the pool and keep counting.