Stellar Ecosystem
News

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.

The Stellar Development Foundation introduces the Composable Data Platform (CDP), a new open-source architecture that decentralizes data access on Stellar by breaking down monolithic tools like Horizon and Hubble into modular, configurable components. CDP enables developers to customize their data consumption patterns and infrastructure based on specific application needs.

Phoenix DeFi Hub has launched on Stellar's Soroban smart contract platform, starting with a decentralized exchange in May and planning an NFT marketplace and additional protocols. The platform aims to be a comprehensive DeFi solution leveraging Stellar's on/off-ramp infrastructure and stablecoin ecosystem.

This article explains smart contract wallets (smart wallets) and their advantages over traditional crypto wallets, including enhanced functionality, security features, and passkey support. It highlights how Stellar's Protocol 20 and 21 enable passkey-powered smart wallets to improve user onboarding and accessibility.

Paltalabs led a developer workshop at ETHChile 2024 teaching Soroban smart contracts and Soroswap AMM mechanics. The session covered Stellar's cross-border payment design, contract fundamentals, liquidity pooling, and asset swaps for Latin American builders.

Floripa Web3 event in Florianópolis on August 9, 2024 featured Nearx experts Lucas Bispo de Oliveira and Caio Mattos discussing Rust, Soroban SDK, and the free Stellar Bootcamp program for blockchain developers.

The Stellar Development Foundation released a documentary called 'The Onchain Effect' showcasing how blockchain technology is solving real-world financial problems. The film tells the story of an Australian entrepreneur in Colombia who uses Stellar and the Decaf wallet to safely pay his employees in USDC, eliminating the need to carry dangerous amounts of cash.

Validation Cloud announced support for Stellar Horizon, offering high-performance Node API infrastructure with archive node data access. The service enables developers to build wallets, DEXs, and other applications on Stellar with improved performance and historical data querying capabilities.

A technical tutorial on building a custom indexer and API for the YieldBlox blend pool using Mercury and Zephyr. The guide covers setting up a Rust-based indexer to track borrow, repay, and collateral actions on Stellar, with real-time data retrieval through a custom API.

DECTA, an Ireland-based EMI, is partnering with French fintech Next Generation to launch EURT, a MiCA-compliant Euro-pegged stablecoin on Stellar and three other blockchains. The project, originally launched in 2017, is being relaunched in October 2024 under the new European regulatory framework.

OwlTing Group integrated its OwlPay Wallet Pro with Stellar to support USDC stablecoin, expanding access to 8+ million Stellar accounts. The integration enables compliant cross-border payments and allows users to pay transaction fees in fiat currency.

Tansu deployed its Soroban smart contract to testnet with event handling infrastructure now live. The governance platform released a Python library on PyPI. Upcoming milestones: dApp proof-of-concept, FastAPI backend, and continuous contract deployment.

The Stellar Development Foundation released its Q2 2024 quarterly report, highlighting network growth to 8.4 million addresses, real-world asset supply exceeding $598 million, and significant progress in tokenization and Soroban adoption. The report showcases achievements including WisdomTree's expanded retail access, $7.8 million in enterprise investments, and $5 million in Stellar Community Fund awards to 107 projects.

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.

This article explains the role and importance of Lumens, Stellar's native currency, detailing how they function as transaction fees, maintain network security through minimum balance requirements, and serve as a bridge currency for cross-border payments. It also highlights Stellar's unique consensus protocol (SCP) and its advantages over traditional blockchain networks.

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.

A comprehensive technical overview of the Stellar stack. Covers the three networks (Mainnet for production, Testnet for development, Futurenet for experimental features), Stellar Core's consensus protocol, Horizon API for blockchain interaction, Soroban RPC for smart contracts, and SDKs available in Go, Python, Java, and JavaScript.

Etherfuse, a tokenized real-world assets platform, raised $3 million in seed funding co-led by White Star Capital and North Island Ventures, with participation from the Stellar Development Foundation. The company is tokenizing emerging market government debt on Stellar and Solana blockchains, starting with Latin American sovereign bonds.