Phoenix DeFi Hub, a suite of DeFi protocols launching on Soroban, announced an NFT marketplace and standard as their next protocol after their decentralized exchange. The team discussed their experience building on Soroban, token utility plans, and integration with anchors for fiat onboarding.
Phoenix DeFi Hub held a community call discussing their DeFi protocol suite launching on Soroban. The team, comprising founders Milan and Jakub plus marketing lead Griffin, shared their backgrounds in Cosmos ecosystem development and motivations for building decentralized finance infrastructure. They detailed their DEX launch strategy, announced an upcoming NFT marketplace with a new Soroban NFT standard as a public good, and discussed features like concentrated liquidity, portfolio tracking via GraphQL API, and Cato anchor integration for direct fiat onboarding. The team emphasized their cautious approach to token launch, planning utility before release, and highlighted strong support from Stellar and the Stellar Community Fund throughout development.