Stellar Ecosystem
News

Soroban implements state expiration to address blockchain state bloat, becoming the first blockchain to deploy this solution at mainnet launch. The design includes an Expired State Store, two storage types (Temporary and Persistent), and a rent model to prioritize important data and improve network scalability.

Soroban Preview 10 introduces new State Expiration logic to address blockchain bloat issues, along with Rust SDK changes and clearer smart contract limits. July focused on refactors rather than new features, including rethinking governance token distribution. A new Stable Liquidity Pools contract for stablecoins is in development for future deployment.

The Stellar Community Fund spotlights four SCF-awarded projects enhancing Soroban: Reflector (price feed oracle), Chainlink Oracles Relayer (VRF proxy), Elio DAO (decentralized governance), and Anchain.ai's Smart Contract Catalog (developer templates).

Tech Talks with Tomer Episode 3 Season 2 features Chad Ostrowski from Aha Labs discussing smart contract development across NEAR, Soroban, and CosmWasm. The video series hosted by Tomer Weller, VP of Product at @StellarOrg, explores innovations in blockchain engineering.

Soroban is Stellar's smart contract platform launching on mainnet, combining Rust and WebAssembly to enable DeFi applications while leveraging Stellar's 8-year track record in payments and anchor network for global financial access.

EU regulators finalized MiCA crypto regulation and are working on a Data Act that could impose problematic requirements on smart contracts built on public blockchains, potentially hindering DeFi development across Europe.

Soroban, Stellar's native smart contract platform, learns from Ethereum's design mistakes to offer better developer experience. Key improvements include native XLM token integration without wrapping, built-in event emissions, re-entrancy attack prevention, checksummed addresses, and single-transaction token transfers.

The Stellar Development Foundation launched a new bug bounty program on HackerOne focused on Soroban, the network's smart contract platform. The program offers rewards up to $50k for critical vulnerabilities, with higher bounties as Soroban matures toward Mainnet launch.

FXDAO announces it is the first legally incorporated DAO on the Soroban network, providing legal recognition to the project. They are developing a governance contract to manage all other protocol contracts, ensuring community approval for changes. The protocol is nearing completion and ready for deployment on Soroban once the network launches.

Soroban offers developers a compelling alternative to Ethereum and Solana through inclusive technology choices like WebAssembly and Rust, a greenfield ecosystem, global financial reach with diverse stablecoins, superior network reliability, and a streamlined developer experience.

A DAO is nearing legal incorporation and aims to be the first fully operating on the Soroban network. They've completed the Safety Pool contract, which liquidates undercollateralized vaults to maintain protocol health, but face integration issues due to Soroban preview limitations. Next steps include refactoring contracts and developing the Staking Pool.

QolaQ's mutual aid platform integrates Soroban smart contracts, leveraging parallel processing, low fees, energy efficiency, and global asset access for transparent decentralized fund distribution on Stellar.

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.

The Stellar Development Foundation released its Q1 2023 report, highlighting progress on Soroban smart contracts, Stellar Core scaling improvements, Freighter wallet enhancements, and the launch of the Soroban Adoption Fund and Stellar Asset Sandbox to support developer adoption.

The Stellar Development Foundation showcased Stellar's real-world utility at Paris Blockchain Week, featuring keynotes on humanitarian aid delivery via Stellar Aid Assist, Soroban smart contracts workshops, and panels on enterprise payments with stablecoins like GYEN and ZUSD.

FxDAO shares its April 2023 monthly update on building the first legally incorporated DAO on the Stellar Soroban network. They've developed a protocol compatible with Soroban preview 8, deployed webapps on Futurenet for vault management, and are progressing toward legal incorporation within 30-60 days. Future updates will cover ongoing protocol development and DAO setup.

Elliot Voris has joined the Stellar Development Foundation as a DevRel team member after years of community contributions. He discovered Stellar through Stellar Quest during COVID and has since become a key contributor to community education, Soroban documentation, and developer tools.

Blend is a new liquidity protocol primitive for Stellar, enabling anyone to create insured lending pools with Soroban smart contracts. It provides lending and borrowing capabilities, adapting to market conditions while protecting suppliers via a backstop module. The protocol enhances Stellar's ecosystem for fintech, trading, DAOs, and DeFi applications.

Three Soroban projects born from hackathons and adoption programs showcase the ecosystem's early momentum. Sorobix, Chaincerts, and useSoroban.app demonstrate how developer tools and community support are accelerating smart contract adoption on Stellar.

Soroban smart contracts on Stellar enable a unique cash-to-DeFi pathway through the network's anchor infrastructure and MoneyGram Ramps, allowing underserved populations to access financial services directly from cash deposits to income-generating protocols.

The Stellar Newsletter highlights the Soroban Adoption Fund with $100M in opportunities, including a $10M Stellar Community Fund program for Soroban projects and developer initiatives like Sorobanathon. It covers UNHCR's nomination for blockchain impact award using Stellar for aid in Ukraine, partnerships like Beans App with MoneyGram, and technical updates on Pull Mode and Ubuntu upgrades. Community events, policy priorities, and developer resources are also featured.

Synced's February 2023 development log details progress on dashboard integration and familiarity with Stellar's Soroban platform via Hacka-Soroban-athon. March aims include adding description and chat features to dashboards, completing web redesign, and releasing to live app. Additional plans involve migrating from MongoDB.

Soroban needs essential developer tools, financial primitives, and educational resources before Mainnet launch to attract developers and ensure ecosystem success. The article outlines key fundamentals including block explorers, security tools, oracles, and collateral-backed tokens.

The Stellar Development Foundation outlines three active programs under the $100M Soroban Adoption Fund: Stellar Quest Live Series 6 for competitive learning, Sorobanathon: Equinox for experimentation and content creation, and the Stellar Community Fund for building full products. Each targets different developer skill levels with varying award structures.

The Stellar Community Fund launches SCF Startup Camp, a quarterly 5-day virtual bootcamp supporting up to 40 teams building on Stellar and Soroban. The first camp runs April 17-21, 2023, with finalists competing for $30,000 in XLM prizes and access to $150,000 in SCF Awards funding.

The Stellar Development Foundation and Cheesecake Labs showcased 14 Soroban smart contract projects from a week-long internal hackathon, including a naming service, DAO governance tool, recurring payments contract, and NFT implementation. The projects demonstrate Soroban's flexibility and are open for community collaboration ahead of mainnet launch.

Stellar Quest Live Series 6 launches February 15th with monthly Soroban-based challenges. Participants compete across three categories (Fast, Cheap, Out of Control) for USDC rewards and NFT badges, with leaderboards remaining open indefinitely.