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Articlestellar.orgKolten Bergeron3y ago

Stellar Community Fund recap: financial innovation powered by Soroban

The Stellar Development Foundation showcases four Stellar Community Fund projects building on Soroban: Qolaq (mutual aid platform), Comet (weighted AMM), FxDAO (decentralized borrowing), and XycLoans (flash loans protocol). Each demonstrates innovative use cases for Soroban smart contracts on Futurenet.

SorobanSmart ContractsSCF
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The Stellar Development Foundation highlighted four Stellar Community Fund projects developing on Soroban, the new smart contracts platform. Qolaq is building a decentralized mutual aid platform for financial inclusion without traditional insurance. Comet implements Balancer's weighted AMM protocol to reduce impermanent loss and support multi-token pools. FxDAO creates a decentralized borrowing protocol for fiat-pegged tokens backed by digital assets. XycLoans develops a flash loans protocol with liquidity management and a no-code interface. All projects are prototyping on Soroban's Futurenet testnet and will release open-source implementations as public goods for the ecosystem.

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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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