DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
Boundless argues that Web3 crowdfunding remains broken despite blockchain promises. Upfront funding with zero accountability has replayed from ICOs ($5.6B raised, 8-10% delivered) through DAO grants (34% deliver on promises) to recent NFT rugs. They propose milestone-based escrows as the fix: funding locked until teams prove progress, with partial refunds if projects fail. Building on Stellar.
Stellar's Protocol 23 upgrade launched on Sept. 3, prompting South Korea's Upbit exchange to suspend XLM trading. XLM consolidated between $0.36-$0.37 with resistance holding firm as traders await post-upgrade price direction.
@StellarOrg and @Giveth launched a $50,000 matching grant program using Quadratic Funding to support community-led Stellar educational events worldwide. The initiative aims to identify new community leaders and ambassadors while fostering global adoption through workshops, hackathons, and localized content.
The Stellar Development Foundation outlines its 2025 roadmap goal to double Tier 1 network resilience from 7 to 13 organizations, increasing fault tolerance from 2 to 4 organization failures. The post explains how Stellar's proof-of-agreement consensus works, the history of validator coordination, and the technical and organizational steps needed to achieve this decentralization milestone.
Tansu introduces anonymous voting for proposals on Soroban using zero-knowledge proofs and the BLS12-381 elliptic curve. The system employs Pedersen commitments to store encrypted votes on-chain, ensuring privacy while allowing verifiable tallies via homomorphic properties. Detailed smart contract interfaces and CLI commands are provided for setup, voting, and execution.
The Stellar Community Fund published guidance on what makes successful grant applications stand out, based on feedback from round 36 panelists. The article outlines five key areas: clear project purpose, technical proof of execution, realistic budgeting, genuine community engagement, and proactive compliance planning.
The Huma Foundation has unveiled the tokenomics for $HUMA, the native utility and governance token of the Huma Protocol, ahead of its Season 1 airdrop. The token supports governance, LP rewards, ecosystem incentives, and value accrual, with a total supply capped at 10 billion. Allocations prioritize liquidity providers, community, and long-term growth via vesting schedules.
Reflector DAO has voted to add Lightsail and CreitTech as node providers, expanding its quorum to seven trusted participants. This decentralization strengthens Reflector's oracle infrastructure for providing secure price feeds to the Stellar ecosystem.
Tansu has received a Stellar Community Fund build Award. The official announcement is available on Medium, and details of their submission are in a linked blog post. They are on track for the MVP phase with added features like IPFS support for proposals.
Tansu is launching a DAO system that enables communities to govern their projects in a decentralized fashion. All projects created on Tansu will receive their own DAO with transparent, immutable governance through smart contracts and IPFS-stored proposals.
Tansu project announces submission for SCF Build award, outlining plans for a decentralized platform with DAOs for project management and reputation badges for contributors. The proposal includes on-chain release processes, fund allocation via wallets and potential Quadratic Funding, and a detailed roadmap across MVP, Testnet, and Mainnet phases. Emphasis is placed on community governance, transparency, and open-source sustainability within the Stellar ecosystem.
The Stellar Community Fund launches version 6.0 with enhanced support for ecosystem projects, integrating a new Kickstart bootcamp program, streamlined Build Awards up to $150K, post-launch growth initiatives including DraperU's Embark Accelerator, and category-specific delegate panels for improved governance.
Obsrvr has deployed three full validator nodes on the Stellar network to enhance decentralization, security, and reliability. The geographically dispersed nodes are actively participating in the Stellar Consensus Protocol and maintain their own history archives. Obsrvr aims to achieve Tier 1 status and invites other validators to add their nodes to quorum sets.
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.
The Stellar Development Foundation submitted comments to the European Securities and Markets Authority (ESMA) regarding blockchain sustainability and environmental impact, addressing energy consumption concerns and ESG indicators for distributed ledger technology under the Markets in Crypto Assets (MiCA) regulation.
The Stellar Development Foundation joined industry peers in signing a letter supporting the bipartisan Financial Innovation and Technology for the 21st Century Act (FIT21), which represents the first major crypto markets legislation heading to a House floor vote.
Script3 founder Markus Paulson-Luna discusses Blend Capital, a decentralized lending protocol on Stellar that lets users, DAOs, and institutions create customizable lending pools. The interview covers Blend's architecture, insurance mechanisms, and integration with Beans.
A protocol on Stellar has deployed an airdrop of its governance token to early and super adopters, distributing 28.8 million out of 64 million total supply via claimable balances. Claim deadline is April 30, 2024, with unclaimed tokens returning to the DAO treasury. Future protocol fees will fund the DAO for community governance.
Creit protocol on Stellar celebrates over 200 domains registered with 130k+ XLM collateral after one month. They're launching DAO governance by distributing nearly half the governance token supply to early adopters as thanks. Upcoming features include domain buy/sell and full governance contract by end of April.
The Stellar Development Foundation commissioned PwC to develop a global financial inclusion framework to help assess how blockchain-based solutions can advance digital financial inclusion and enhance the social impact of financial service providers.
Protocol 20 is now live on Stellar Mainnet, enabling smart contracts through Soroban. Validators are coordinating a phased rollout with a Phase 1 vote scheduled for February 27, 2024, to gradually increase Soroban resource limits.
Stellar Development Foundation delayed its Protocol 20 upgrade beyond Jan. 30 after discovering a bug in Soroban smart contracts software. Six of seven tier-1 validators signaled support for postponement, likely preventing the upgrade from reaching quorum.
The Stellar Development Foundation has decided to disarm its validators and postpone the Protocol 20 upgrade scheduled for January 30, 2024, following ecosystem concerns about a discovered bug in Stellar Core v20.1.0 affecting fee bumps for Soroban transactions.
The Stellar Development Foundation organized the Workshop on Heterogeneous Trust in Distributed Systems (HTDS) in October, bringing together 30 researchers to explore consensus mechanisms where validators independently choose which peers to trust—a key feature of Stellar and other networks.
Educational explainer on Stellar's Proof-of-Agreement consensus mechanism, using real-world analogies to explain how quorums, slices, and topens enable decentralized agreement without proof-of-work or proof-of-stake.
The Stellar Development Foundation released a comprehensive paper titled 'The Case for Open Systems: Creating an Interoperable, Integrated World,' exploring the historical context, principles, and real-world applications of open systems in fostering innovation and equitable technology access.
The Stellar Development Foundation submitted comments to the European Securities and Markets Authority (ESMA) on blockchain sustainability standards under the MiCA regulation, highlighting the Stellar network's environmental efficiencies and promoting the use of existing assessment methodologies like the Blockchain Sustainability Framework developed with PwC.
Stellar Community Fund launches SCF 5.0 with Neural Quorum Governance, a reputation-based voting mechanism built on Soroban. The fund deployed $10M to 130+ projects in 2023 and introduces streamlined Activation and Community Awards up to $50K and $100K respectively.
