Stellar Community Fund launches SCF 5.0 with Neural Quorum Governance, a reputation-based voting mechanism built on Soroban. The fund deployed $10M to 130+ projects in 2023 and introduces streamlined Activation and Community Awards up to $50K and $100K respectively.
The Stellar Community Fund announces SCF 5.0, featuring Neural Quorum Governance, a new voting mechanism developed with BlockScience that uses layered voting neurons to weight votes based on expertise and community contributions. The redesigned SCF website now includes a project directory, community section, and integrated dashboard. The fund deployed nearly $10M in XLM to over 130 projects in 2023. SCF 5.0 introduces optimized award structures: Activation Awards up to $50K for new projects to demonstrate commitment, and Community Awards up to $100K for 2-3 months of development. Future initiatives include automating Verified Member tiers, renewing the SCF Startup Camp, and adding security audit and infrastructure credits.