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.
DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
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.
The Stellar Development Foundation proposes disabling the inflation mechanism in Stellar protocol v12, arguing it no longer benefits ecosystem projects and creates scalability issues. Validators will vote on the change, scheduled for October 28, 2019.
Binance discovered it earned 9.5 million XLM in staking rewards since 2018 and will now officially support XLM staking, distributing accumulated rewards to users starting in 42 days with September payouts worth 10-12 months of typical monthly rewards.
Stellar network halted for nearly two hours Wednesday when enough validator nodes stopped, preventing consensus. The incident highlighted risks of rapid decentralization, though SDF nodes remained operational.
Danelle Dixon, former Mozilla COO, has been appointed as the new Executive Director and CEO of the Stellar Development Foundation, effective May 1st. Jed McCaleb, SDF's co-founder, will transition to chief architect focusing on protocol and adoption.
Denelle Dixon joins Stellar Development Foundation as Executive Director and CEO on May 1, bringing experience from Mozilla's leadership to advance Stellar's mission of unlocking economic potential through open markets and fluid money.
Stellar Development Foundation announces three major lumen distribution initiatives: the Stellar Community Fund for community-voted grants, updates to the Partnership Grant Program which has funded 34 companies, and launch of an Academic Research Program for blockchain research.
The Stellar Development Foundation announced three major community initiatives: Stellar Clusters for local grassroots meetups, a first global Stellar conference, and the Stellar Community Fund to let the community guide lumen distribution. The post also highlighted Reddit governance experiments and a Community Champions program.
Kik's Kin Foundation announced it will fork Stellar to create its own blockchain for the Kin token, eliminating transaction fees entirely to enable micropayments. The move trades some decentralization for zero-cost transactions, using federated nodes run by ecosystem partners rather than Stellar's validator model.
Stellar Development Foundation announced the creation of Lightyear.io, a for-profit company to handle partnerships, integrations, and commercial services, while SDF refocuses on protocol development and governance as a neutral non-profit steward of the Stellar network.
Stellar.org announced a second lumen distribution program offering 16 billion lumens (16% of initial supply) to bitcoin holders, with claims opening June 27, 2017. The giveaway reflects Bitcoin's influence on Stellar's design and aims to build community ownership of the network.
Stellar.org announced a lumen giveaway program for Bitcoin holders, reserving 19 billion lumens (19% of initial supply). Starting July 5, 2016, Bitcoin holders can claim lumens proportional to their BTC holdings through a claim page or participating exchanges.
Stellar network upgrade launching in November will rebrand stellars to lumens and require user account upgrades. The nine-month development effort delivers a safe, scalable, and accessible network for global financial services.
Stellar Development Foundation announced a public auction of stellars via Haste.co.nz, with 650 million STR placed at a 30-day trailing average price of $0.0031/STR. Bitcoin trading was added via Poloniex and Kraken to maintain price parity.
Stellar experienced a ledger fork due to weaknesses in its Ripple-based consensus algorithm. The network temporarily switched to a single validator node and is prioritizing development of a new provably correct consensus system to prevent future forks and double-spend risks.