# Aquarius Protocol Token Overview

$AQUA is the fundamental token within the Aquarius Protocol ecosystem. It possesses powerful deflationary attributes and offers users the opportunity to generate passive income via staking, thereby establishing enduring value for the token.

## Token Supply

* **Total Supply:** 1,000,000,000 tokens
* **Fair Launch:** Total Supply added to initial LP
* **Locked Liquidity:** LP is locked with UniCrypt.
* **Contract Renounced:** We have renounced the contract ownership, albeit our contract does not have mint functions or other high-risk function.

## Principal Characteristics of $AQUA

* Deflationary Nature: $AQUA has a limited total supply of 1,000,000,000 tokens, ensuring its rarity and value over time.&#x20;
* Staking: Users can stake their $AQUA to earn passive rewards, fostering long-term commitment and stability in the ecosystem.
* Community-Oriented: $AQUA emphasizes community growth and rewards its participants through a variety of applications and events.&#x20;

## $AQUA Applications

* Top Holders Fortune: $AQUA top holders will be rewarded weekly in ETH with 1% of the weekly total transaction volume.&#x20;
* $AQUA Mining: Users can mine $AQUA tokens by staking their $AQUA, enhancing the utility and demand for the token.&#x20;
* $AQUA has a 1% fee on each buy or sell. These fees accrued in the contract address and are intermittently sent to our deployer address aquarius-dev.eth.
