DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
zkCross Network introduces Cross Power (xP), a participation rewards system that tracks and rewards user interactions across its ecosystem, including on Stellar and Partisia blockchains. xP is minted based on activities like trading, bridging, and staking, without supply caps, distinguishing engaged users from passive ones. It unlocks utilities such as discount NFTs, governance, and merchandise.
Balanced released its Q4 2024 update, highlighting launches on Stellar, Solana, and Optimism, alongside BALN cross-chain deployment across multiple blockchains including Stellar. Key achievements include intent-based trades between Arbitrum and Sui, smart contract audits, and preparations for cross-chain liquidity and Savings Rate. The DAO reported $82k in fees, with ongoing governance and economic enshrinement progress.
Balanced's 2024 review highlights explosive growth with new features like Savings Rate offering 17% average returns, economic enshrinement with ICON, and expansion to 12 blockchains including Stellar. Key developments include cross-chain loans, BALN & sICX tokens, and intent-based trades for efficient swapping. The protocol looks ahead to 2025 with cross-chain liquidity, more chain integrations, and enhanced trading.
Balanced, a cross-chain DeFi platform built on ICON, has launched on Optimism, its 5th Ethereum ecosystem chain. Users can now swap ETH and USDC for assets on other blockchains, transfer cross-chain, and borrow bnUSD using ETH as collateral. The platform leverages ICON's GMP for secure connections, including to Stellar.
Balanced Network has launched wrapper-free BALN and sICX tokens across multiple chains including Stellar, enabling seamless holding, swapping, and transferring. Previously limited to ICON, these tokens now reduce friction for users on Arbitrum, Avalanche, Base, BNB Chain, and soon Optimism. Upcoming features include cross-chain liquidity, rewards, and governance.
Balanced, a cross-chain DeFi app on ICON, has integrated Solana as its 11th blockchain connection, enabling users to swap SOL, transfer assets cross-chain, use SOL and JitoSOL as collateral to borrow bnUSD, and supply liquidity on ICON. This expands Balanced's reach to Solana's 5 million daily active users with audited smart contracts and low fees. The integration leverages ICON's GMP protocol, which also connects to Stellar and other chains.
Balanced, a cross-chain DeFi app, has launched on the Stellar blockchain, enabling users to swap XLM for assets on other chains, use it as collateral to borrow bnUSD stablecoin, and transfer to ICON for liquidity provision. The integration includes a Stellar Community Fund grant, audited smart contracts, and fast, low-cost transactions. It leverages ICON's GMP for seamless interoperability.
Balanced Network's Q3 2024 update details progress on cross-chain expansions including audits and deployments on Stellar, Solana, and Sui. Key achievements include launching cross-chain loans, a soft liquidation model, and new collateral types. Upcoming Q4 plans feature full Stellar launch alongside intent-based trading and more blockchain integrations.
zkCross Network announces Super Accounts on Stellar, powered by their Chain Abstraction Layer, enabling seamless 1-click cross-chain DeFi transactions without bridging or gas management. This integrates zkCrossDEX with Stellar's Soroban blockchain, supported by a Stellar Community Fund grant. The phased roadmap includes AMM DEX, staking, launchpad, and perpetuals trading.
The article explores the rising potential of non-USD stablecoins in DeFi, highlighting their role in global financial inclusion and cross-border payments. It discusses EVM-compatible chains and projects like Spacewalk, which bridges Polkadot and Stellar ecosystems, alongside Vortex for fiat conversions. These innovations promise efficient on-chain FX markets and reduced reliance on traditional systems.
zkCross Network announces its oversubscribed seed and strategic funding rounds, backed by investors including Stellar, ahead of a $2.6M public sale. The project offers chain abstraction infrastructure to simplify cross-chain DeFi with features like messaging systems, liquidity aggregation, and decentralized protocols. A detailed roadmap outlines expansion across blockchains, targeting massive user growth.
Pendulum ecosystem advanced infrastructure for traditional finance integration in August. Vortex demonstrated multi-bridge crypto-to-fiat conversion spanning Polygon and Axelar to EUR via Pendulum and Stellar's Circle EURC. Spacewalk expanded XLM bridging capacity, new assets arrived via Subwallet, and MYKOBO completed migration from proprietary to Circle EURC. Governance moved forward with three referendums.
Balanced, a cross-chain DeFi app, is now live on Injective, enabling borrowing of bnUSD stablecoin, cross-chain swaps, and transfers to chains like Arbitrum, Avalanche, and others. It uses General Message Passing (GMP) powered by IBC for seamless interoperability. Upcoming connections include Stellar.
Balanced Network's Q2 2024 update details deployments on five new blockchains including Avalanche, Arbitrum, BNB Chain, Base, and Havah, alongside smart contract audits and cross-chain preparations. Governance saw 19 proposals passed, with the DAO earning $33k in fees and burning ICX as part of economic enshrinement with ICON. Q3 plans include cross-chain loans and launches on Injective, Optimism, Polygon, and Stellar.
Cyberbrawl, the rebranded sequel to Litemint.io, introduces enhanced features including seamless asset migration from Stellar blockchain, multi-chain support, in-game auction house, and new game modes. Existing players' blockchain assets like cards and achievements will transfer over, with special rewards for Legend-ranked players. The game emphasizes web3 gaming on Stellar while expanding to other chains for broader accessibility.
Balanced, a cross-chain DeFi platform originally on ICON, has rapidly expanded with five new blockchain connections in 2024, boosting availability by 250%. Upcoming plans include front-end integrations for Injective and Optimism, cross-chain loans, and phase two connections to Solana, Stacks, Stellar, Sui, and more. The update highlights improved trading with unified multi-chain assets and Stability Fund enhancements.
Pendulum's Q2 2024 roundup highlights the launch of their Forex AMM on Testnet powered by Nabla and progress on the Spacewalk bridge uniting Stellar and Polkadot ecosystems. Key developments include vDOT collateral from a successful Polkadot treasury proposal, stablecoin offramping to bank accounts, Soroswap integration, Subscan listing, and new liquidity pools on Zenlink for Stellar holders. Governance referendums advanced asset registrations and network upgrades.
This article introduces Stellar and its Soroban smart contract platform to Polkadot users, highlighting integration via the Spacewalk bridge by Pendulum. It covers asset transfers for Stellar's stablecoins, use cases in DeFi and payments, and provides a getting started guide. The synergy aims to enhance cross-chain financial inclusion and innovation.
The Spacewalk bridge connects Stellar and Polkadot ecosystems, enabling Stellar users to access Polkadot's DeFi capabilities and Pendulum's fiat-DeFi infrastructure. This integration allows seamless asset transfers, forex DEX, yield farming with stablecoins, and cross-border payments. It expands opportunities for Stellar community in advanced blockchain applications.
This guide details how XLM holders can provide liquidity to the KSM/XLM pool on Zenlink DEX via the Amplitude network on Kusama. It covers setting up a Polkadot wallet, acquiring KSM and AMPE, bridging XLM using Spacewalk from Lobstr, and adding liquidity. The process enables earning rewards while enhancing liquidity in the Amplitude ecosystem.
Pendulum's Q1 2024 roundup highlights the launch of the Spacewalk bridge connecting Stellar and Polkadot ecosystems for seamless XLM and stablecoin transfers. Key developments include reward structures for bridge vaults, new liquidity pools on Zenlink and StellaSwap, and progress on Forex AMM powered by Nabla. Community engagement and governance updates further strengthen the ecosystem's growth.
The Spacewalk Bridge is now live on the Pendulum network, enabling trust-minimized transfers of XLM and fiat-backed stablecoins like EURC, AUDD, NGNC, TZS, and BRL between Stellar and Polkadot ecosystems. Stellar users can trade XLM on Zenlink DEX and provide liquidity in pools such as XLM.s/PEN and XLM.s/DOT. Pendulum's Forex DEX powered by Nabla offers single-sided liquidity provision without impermanent loss, enhancing DeFi accessibility.
Range CEO Andres Monteoliva discusses mitigative measures for blockchain bridge exploits at the DeFi Security Summit. The talk covers types of bridges and security mechanisms like rate limits and circuit breakers. Range, trusted by Stellar and others, provides cross-chain stablecoin infrastructure with compliance and risk tools.
The Stellar Newsletter highlights key developments including the launch of the open-source Stellar Disbursement Platform, Allbridge's cross-chain bridge connecting Stellar to Ethereum, Solana, Celo, and Polygon, and SDF's investment in MoneyGram International. It also promotes Meridian 2023 conference, developer tools for Soroban, and various ecosystem updates like Airtm's USDC integration and Q2 review. The content emphasizes Stellar's growth in interoperability, financial inclusion, and smart contract scalability.
Allbridge launched a cross-chain bridge connecting Stellar to Ethereum, Solana, Celo, and Polygon, enabling seamless asset transfers and expanding DeFi opportunities on the Stellar network.
Tomer Weller from Stellar Development Foundation interviews Cubist co-founders Fraser Brown and Riad Wahby about building security-focused developer tools for cross-chain Web3 development. Cubist received a Stellar Bridge Bounty grant and discusses why they integrated with Stellar.
Litemint has launched a fully non-custodial ERC-721 compliant bridge for Stellar NFTs to Ethereum, enabling secure use as profile pictures on Web3 services like Twitter. The bridge locks Stellar assets and mints corresponding non-transferable NFTs on Ethereum, with decentralized recovery mechanisms. It leverages Stellar's SEP-39 for metadata and ensures high security without relying on central entities.
