DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
This article explains the role of lumens (XLM), Stellar's native token, in the network's design. Lumens serve as a modest barrier to prevent spam and abuse while keeping the network accessible, with a minimum balance requirement of 1 lumen and transaction fees of 0.00001 XLM.
Coinbase Wallet will delist XLM and three other major cryptocurrencies effective Dec. 5, citing low usage. Users can withdraw balances after the deadline using recovery phrases.
Aquarius announces ICE tokens, a new mechanism for AQUA holders on Stellar to freeze their tokens and receive boosted liquidity rewards and enhanced voting power. By locking AQUA via the locker tool, users gain four non-transferable ICE tokens (ICE, upvoteICE, downvoteICE, governICE) that increase yields on SDEX/AMM and enable simultaneous use in liquidity and governance voting. ICE tokens melt linearly over the lock period, up to three years, with voting power scaling up to 10x.
Aquarius Governance is a decentralized system launched in November 2021 for AQUA token holders within the Stellar ecosystem to propose and vote on protocol changes. It features a 7-day discussion phase, fees for creation and publication that are burned for deflation, and a 10% quorum requirement. Successful proposals are executed by the Aquarius Signers Guild.
BravePay introduces liquidity rewards for the BRAVE-XLM pool on Stellar's AMM to boost adoption and returns beyond the standard 0.3% fee. The program adds 10% of the pool size in BRAVE rewards, distributed daily based on individual shares. It emphasizes fraud prevention, long-term commitments, and ecosystem growth.
Brave, a top-performing Stellar token, announces a redesigned staking rewards system to eliminate fraud from previous universal and trading rewards. The new Brave Staking offers tiered APYs up to 26% for 12-month periods, with flexible withdrawals and no minimums. Monthly burns of 24 million Braves and discontinuation of old rewards aim to stabilize price and foster long-term growth.
This article details the main wallets of the Aquarius project on the Stellar blockchain, including their purposes, original AQUA token holdings, and Stellar Expert explorer links. It covers wallets for liquidity rewards, airdrops, community DAO, voting/staking rewards, emergency fund, investors, advisors/partners, and founders/team. The transparency leverages blockchain's verifiable data for AQUA holders to monitor easily.
Stellar launched an automated market maker (AMM) at the protocol level, operating alongside its existing order book-based matching engine. The upgrade enables liquidity pools for trading fees and makes it easier to list long-tail assets with limited liquidity.
Aquarius shares a progress update on their Stellar-based project, highlighting a successful airdrop using claimable balances that reached 272,980 wallets with over 918 million AQUA claimed. They've developed a Rewards Engine and Voting Tool to boost liquidity on the Stellar DEX (SDEX), with testing starting soon and community voting to follow. The protocol will integrate with upcoming AMMs, advancing their roadmap ahead of schedule.
The article details the YBX airdrop for YieldBlox, a DeFi protocol on the Stellar blockchain, with 10 million YBX tokens distributed across three airdrops targeting community members, beta testers, and Stellar ecosystem users. Participants must meet Stellar account age requirements and set up a YBX trustline. Additional incentives include ScripTee NFT distributions for educational content and community engagement.
Stellar Protocol 17 introduced Asset Clawback on June 1st, 2021, enabling issuers to recover tokens from holders with opt-in consent. This feature facilitates regulated asset issuance like bonds and equities while maintaining transparency through visible account flags.
Ultra Stellar LLC acquired StellarX, a popular decentralized exchange on Stellar, expanding its product portfolio alongside LOBSTR wallet and StellarTerm. StellarX enables peer-to-peer trading of digital assets and fiat conversions directly from user wallets.
Protocol 15 introduces claimable balances, enabling payments to accounts without requiring pre-existing trust lines. This two-part payment mechanism solves a major friction point in asset transfers while enabling new payment primitives like recoverable and multi-recipient payments.
Revolut, a U.K.-based fintech firm, has added Stellar Lumens (XLM) to its cryptocurrency trading platform in response to user demand. The move is part of a broader effort to overhaul its crypto product and give customers legal ownership of their digital assets.
Stellar community will vote on Protocol 13, a network upgrade enabling exchanges and asset issuers to enforce fine-grained control over regulated asset trading, including preventing unauthorized purchases while preserving existing orders and supporting security token compliance.
Keybase ended its Stellar Lumens airdrop after just 90 days due to spam attacks. The messaging platform received 2 billion XLM tokens to distribute over 20 months, but spam bots forced early termination with only 300 million XLM distributed instead.
The Stellar Development Foundation burned 55 billion XLM tokens, reducing total supply to 50 billion. The move eliminated tokens earmarked for giveaways and airdrops, sending XLM price up 25% in an hour to $0.087.
Stellar Development Foundation burned 55 billion XLM (worth $4.4 billion), reducing total supply to 50 billion. SDF will redirect remaining funds toward block…
Stellar Development Foundation burned 55 billion XLM tokens, reducing total supply from 105 billion to 50 billion. CEO Denelle Dixon announced the move at Ste…
The Stellar Development Foundation (SDF) announced a major restructuring at the Meridian event in Mexico City, burning 55 billion XLM to reduce total supply to 50 billion. They ended large giveaway programs and redirected remaining lumens to core development, ecosystem support, use-case investments, and targeted user acquisition. This new mandate focuses SDF on making Stellar the global payments standard through efficient, transparent spending.
The Stellar Development Foundation proposed disabling the network's 1% annual inflation mechanism, arguing it no longer benefits ecosystem projects. Validators will vote on whether to accept the change in Stellar Core v12.
Major cryptocurrency exchanges formed the Crypto Ratings Council to rate digital assets on a scale of 1-5 based on securities likelihood. Stellar scored 3.75, indicating moderate securities risk, while Bitcoin scored 1 (lowest risk) and XRP scored 4 (highest risk).
Coinbase expanded XLM and LINK trading to New York residents after regulatory approval. Both tokens were previously unavailable in the state due to strict financial regulations, but are now accessible alongside other US jurisdictions.
Binance.US announced it will support Stellar alongside Bitcoin, Ethereum, XRP, and other cryptocurrencies at launch, with five additional assets including Stellar becoming available for deposits shortly after.
Stellar Lumens (XLM) surged 30% in 24 hours following the Stellar Foundation's announcement of a 2 billion XLM airdrop to Keybase users, worth over $120 million. The price jump surprised markets despite theoretical downward pressure from airdrops, signaling strong market interest in the token.
Stellar Development Foundation and Keybase announced a 2 billion XLM airdrop worth roughly $120 million, distributing 100 million XLM monthly to Keybase's 300,000 active users over 20 months. The partnership aims to introduce cryptocurrency to non-crypto-native users through an existing messaging platform.