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Articlestellar.orgStellar Development Foundation6y ago

SDF's Next Steps

The Stellar Development Foundation announced a major strategic pivot at Meridian 2019, burning 55.5 billion lumens and reducing its total allocation from 105 billion to 50 billion. SDF is shifting from broad giveaway programs to focused investments in direct development, ecosystem infrastructure, use-case development, and targeted user acquisition.

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Lumen Loop's take

At Meridian 2019 in Mexico City, the Stellar Development Foundation announced a fundamental restructuring of its lumen allocations and strategic mandate. SDF burned 55.5 billion lumens, reducing total supply from 105 billion to 50 billion, and eliminated its World Giveaway and Partner Giveaway programs. The Foundation is reallocating its remaining 30 billion lumens across five priorities: 12 billion for direct development and a tenfold expansion of SDF staff; 2 billion for ecosystem support including infrastructure grants and currency support; 10 billion for use-case investment through new products and an enterprise fund; and 6 billion for user acquisition through marketing and in-app distributions. This represents a shift from treating lumens as a perpetual resource to a focused ten-year operational plan tied to Stellar's adoption as a global payments standard.

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The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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