Stellar Ecosystem
News

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.

Stellar Development Foundation announced a $10 million Soroban-focused awards program through the Stellar Community Fund, offering developers up to $150,000 in XLM to build smart contracts, DeFi protocols, and dApps on Soroban ahead of its mainnet launch.

The Stellar Newsletter highlights the 2023 roadmap emphasizing utility through tools like Stellar Aid Assist and Soroban smart contracts. It introduces the Stellar Asset Sandbox for easy testnet asset issuance, reviews Q4 2022 achievements, and announces Sorobanathon: Equinox. Additional updates cover TASCOMBANK's blockchain pilot in Ukraine, SDF's CFTC involvement, network growth milestones, and developer resources.

The Stellar Development Foundation launched Sorobanathon: Equinox, the next phase of its $100M Soroban Adoption Fund. Running from February 3 to April 1, developers can earn 25 to 10,000 XLM for submitting Soroban tools, tutorials, bug reports, and content.

The Stellar Development Foundation released its Q4 2022 report highlighting major achievements including Soroban smart contracts launching on Futurenet, the Sorobanathon program exceeding targets, Stellar Quest Live Series 5 reaching record participation with 2k+ new developers, and the introduction of regulated stablecoins GYEN and ZUSD to the network.

Stellar Development Foundation explains why Soroban's initial release uses the WASMI interpreter instead of a JIT compiler, citing security concerns, simplicity, and the complexity of integrating JIT with blockchain-specific requirements like metering.

Tommaso De Ponti, a Stellar developer since mid-2020, shares his journey from learning programming at age 11 to building Soroban smart contracts. His work includes DeFi projects and a zero-knowledge proof coin mixer built with his brother.

The Stellar Development Foundation's 2022 year-in-review highlights major milestones: 7M+ network accounts, Soroban smart contracts launching mid-2023, MoneyGram Ramps enabling cash-to-crypto conversion, and Stellar Aid Assist delivering humanitarian aid via blockchain.