SDF released its Q2 2021 report highlighting network growth, two protocol upgrades, $18M in Enterprise Fund investments, and the approval of Automated Market Makers for Protocol 18. The network demonstrated resilience after a temporary validator outage in April.
The Stellar Development Foundation published its Q2 2021 quarterly report showcasing progress across three strategic pillars. Key achievements include Protocol 16 and 17 upgrades, with Protocol 17 introducing asset clawback for regulatory compliance. CAP-38 was approved for Protocol 18, enabling Automated Market Makers to improve liquidity and cross-asset payments. SDF made $18M in Enterprise Fund investments in Tribal Credit and Airtm. Network metrics showed strong growth: 20% increase in accounts, 160% in payments, 173% in operations, and 760% YoY growth in relevant asset transaction volume. The network demonstrated decentralization by continuing operations after SDF validators temporarily halted in April. SDF also joined Ukraine's Association of Banks and awarded 8 projects 5M XLM through the Stellar Community Fund.
