Lumen Loop
All news
Articlemedium.comGemma Dobbs8mo ago

SCF #38 Round Recap

The Stellar Community Fund (SCF) #38 round received 83 submissions and awarded $2,568,750 worth of XLM to 24 innovative projects. Funded initiatives span DeFi platforms, wallets, payment solutions, real-world applications like food delivery and remittances, and developer tools for the Stellar ecosystem. This round highlights the rapid evolution and community commitment to building practical utility on Stellar.

SCFDeFiWallets
Lumen Loop's take

SCF #38 attracted 83 submissions, including 44 first-time applicants, showcasing bold ideas from next-gen DeFi to global financial protocols and infrastructure solutions. The program awarded a total of $2,568,750 in XLM to 24 projects under the Build Award category, with grants ranging from $37,500 to $150,000 worth of XLM. Standout projects include Rubic for cross-chain swaps, FastBuka for African food delivery, Sollpay's keyless ZK wallet, Freedom Pay Wallet for aid disbursements, and Kasi Money for migrant remittances. Other highlights feature IRL's onchain loyalty platform, Stellar Merch Shop with NFT authenticity, WebSoroban IDE for browser-based development, and Peridot Finance for cross-chain DeFi on Soroban. These awards demonstrate Stellar's growing ecosystem in payments, gaming, analytics, and real-world asset traceability, with valuations based on CF Benchmarks' XLMUSD_RR index.

Mentioned projects
19 projects linked
A
AerochainInfrastructure & Services
SCF
Supply-ChainInfrastructure

Blockchain infrastructure on Stellar providing end-to-end traceability for aircraft parts, with tamper-proof digital identities …

View →
A
AgnosticInfrastructure & Services
SCF
AnalyticsMulti-ChainAI

Real-time blockchain analytics platform providing seamless access to on-chain data across EVM and non-EVM chains including Stell…

View →
A
AgTrailApplications
SCF
Supply-ChainAfricaMobile

Food traceability platform on Stellar for Nigerian farmers, providing end-to-end supply chain tracking via IoT and QR codes with…

View →
A
AxelarInfrastructure & Services
Audited
Cross-ChainBridgeMulti-Chain

Axelar is a decentralized interoperability network that connects multiple blockchains, enabling seamless cross-chain communicati…

View →
B
BeamableDeveloper Tooling
SCF
GamingSDKInfrastructure

Game server and LiveOps platform with Stellar integration, providing SDKs for Unity, Unreal, and Web to build blockchain-powered…

View →
C
CartweyApplications
SCF
PaymentsMerchantPOS

Cartwey is a Stellar-powered self-checkout solution for retailers and shoppers, enabling fast, secure, and contactless payments …

View →
F
FastbukaApplications
SCF
PaymentsAfricaMobile

Choppaddi (FKA FastBuka) is a blockchain-enabled food and grocery delivery platform built on the Stellar network that connect cu…

View →
F
Freedom Pay
Software WalletPaymentsAfrica

Freedom Pay Wallet is a digital payment platform that enables users to send and receive funds instantly and securely, with no fe…

View →
F
Freedom Pay WalletApplications
SCF
Software WalletPaymentsAfrica

The Freedom Pay Wallet is a non custodial wallet that makes payments accessible for all, we provide both low cost remittance and…

View →
H
Hito WalletInfrastructure & Services
SCF
InfrastructureSecurity

Enable the Hito hardware wallet to support Stellar. Hito, currently supports Bitcoin, Ethereum, Solana and NEAR and has sold mor…

View →
K
Kasi MoneyApplications
SCF
PaymentsAfricaFreelancers

Digital banking platform for gig workers, freelancers, and small businesses in Africa, offering payments, savings, and lending o…

View →
M
MinahFinancial Protocols
SCF
Real EstateTokenizationFractional Ownership

Decentralized investment platform on Stellar transforming real estate and asset investing with fractional tokenization and trans…

View →
P
Peridot FinanceFinancial Protocols
SCF
DeFiLending & BorrowingCross-Chain

Cross-chain lending and borrowing protocol on Stellar, enabling users to supply and borrow assets across multiple blockchains.

View →
R
RubicApplications
SCF
Cross-ChainDEXMulti-Chain

Cross-chain swap aggregator integrating Stellar, enabling one-click token exchanges across 90+ blockchains with best-rate routing.

View →
S
SollpayApplications
SCF
Software WalletMobileZK

Sollpay is a mobile-first, non-custodial wallet that uses phone numbers and emails for Web3 access — no seed phrases required. B…

View →
T
Token TerminalInfrastructure & Services
SCF
AnalyticsInfrastructureAPI

Full-stack on-chain data platform providing financial and usage metrics for blockchain protocols including Stellar, with institu…

View →
W
Webacy Inc.Infrastructure & Services
SCF
SecurityRisk ManagementAnalytics

Decisioning and risk data scoring for digital assets and wallets.

View →
W
WebSoroban IDEDeveloper Tooling
SCF
DevXWeb

Browser-based IDE for Soroban smart contract development, enabling writing, compiling, and deploying contracts without local too…

View →
Y
YieldBack.CashFinancial Protocols
SCF
DeFiYield

YieldBack.Cash is a system that creates coupon bonds backed by Blend pools. Users are guaranteed fixed income from a coupon depo…

View →