BLUB Token

BLUB is Whalehub's native reward token, minted on the Stellar network. It serves as both a staking receipt and the primary reward mechanism.

How BLUB Is Created

BLUB is minted by the staking contract when users lock AQUA:

User locks 100 AQUA
→ 100 BLUB minted to user's staking balance
→  10 BLUB minted to admin for liquidity pool deposit

BLUB is also distributed as staking rewards when the backend deposits pool earnings.

BLUB Value

BLUB is paired with AQUA in the protocol's primary liquidity pool (BLUB-AQUA). The exchange rate is determined by the pool's reserves and market activity.

Uses

Use	Description
Staking rewards	Earned proportionally by all AQUA stakers
Restaking	Lock BLUB back into the protocol to earn more
Trading	Swap on the Aquarius BLUB-AQUA pool
Liquidity provision	Pair with AQUA in vaults for additional yield

Token Details

Property	Value
Network	Stellar (Soroban SAC)
Decimals	7
Mint authority	Staking contract
Contract	CBMFDIRY5OKI4JJURXC4SMEQPWB4UUADIADJK4NA6CYBNOYK4W4TMLLF
Issuer	GDERSSCKJQPPXUQOZIOXGRVAGNLVPVZCJ2MAX7RCMVMWGRPVAEG7XGTK