Nectar Network announced a $75K Build award from SCF #42 for its liquidation protocol on Soroban. The keeper network replaces single-operator liquidation bots with pooled capital and competing staked operators, removing a systemic risk point in lending markets. Live on testnet.
Nectar Network announced receipt of a $75K Build award from Stellar Community Fund #42 for its liquidation and keeper infrastructure. The protocol addresses a critical gap in Soroban DeFi: single-operator liquidation bots that create systemic risk. Nectar replaces this with a multi-operator network where independent keepers stake USDC, compete to fill liquidations, and earn execution rewards. Currently live on Soroban testnet with $45K USDC in the vault across 15 depositor addresses and two registered keepers. The roadmap includes mainnet deployment with Blend integration, multi-protocol adapter support, automated DEX integration via Soroswap and Phoenix, and oracle circuit breaker protection via Reflector. The entire stack is open-source under MIT license.
