DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
Stellar's Testnet upgraded to Protocol 20 on September 20, enabling Soroban smart contract support. Developers can now test DeFi applications in a sandbox environment, with Mainnet upgrade expected before year-end. This unlocks cash-to-DeFi opportunities through partnerships like Moneygram.
This article explains the importance of swap functionality and Automated Market Makers (AMMs) for financial inclusion, detailing how AMMs work, their advantages, and challenges like impermanent loss. It highlights how Soroban smart contracts on Stellar enable developers to build sophisticated AMM protocols for trustless, incentivized liquidity provision.
RPCiege Siege 4 launches with three new Soroban Rust coding challenges (Skirmish 8-10) designed to teach smart contract development while gamifying the learning experience with a fantasy narrative.
Soroban has achieved feature completeness after a year of public development through 10 preview releases, with over 70 ecosystem projects now building in parallel. The platform is closing in on a stable release candidate with a renewed focus on developer experience, tooling, and documentation.
The Stellar Development Foundation joined the Bytecode Alliance as only the second blockchain member, positioning itself to influence WebAssembly standards and advocate for blockchain developers' needs in the Wasm ecosystem.
Soroban's fee structure uses granular resource metering to price compute, memory, and storage independently, enabling more efficient block utilization and lower validator costs than traditional gas-based systems like Ethereum's.
The Stellar Community Fund supports 70+ Soroban projects with educational tools and developer resources. Featured tools include Soroban-React, useSoroban.app, Soroban Learn, Sorobix, SoroSorcerer, and AnChain.AI's smart contract catalog, all designed to lower barriers to entry for Rust and smart contract development.
The Stellar Development Foundation outlines seven current and upcoming developer programs for Soroban, ranging from content bounties and hackathons to educational challenges and coding puzzles, with awards up to $150,000 XLM for builders creating end-to-end products.
Scalps leverages Soroban smart contracts on Stellar to power a loyalty management system for merchants worldwide, using the POINTS token for discounts and minting branded Loyalty NFTs. These NFTs include Discount, VIP Membership, Event Access, and Collectible types, each with specific smart contract features for minting, validation, and benefit application. The system optimizes storage with IPFS and Soroban storage types to manage fees effectively.
The Stellar Development Foundation shared progress on Soroban's Minimum Viable Ecosystem, outlining priority building blocks like financial primitives, data tools, and wallets needed before mainnet launch this fall. The foundation is actively funding projects through the Stellar Community Fund and inviting developers to help shape the platform.
The Stellar Development Foundation released its Q2 2023 report highlighting major progress on Soroban smart contracts, Anchor Platform support for deposits/withdrawals, Hubble analytics, and ecosystem growth including Franklin Templeton's $270M fund and MoneyGram's 1-year anniversary on Stellar.
Aquarius announces participation in Stellar Community Fund round 15 to develop Soroban-powered AMMs on the Stellar network. The project aims to create Uniswap v2-style smart contracts, advanced AMM types, and AQUA reward distribution on Soroban futurenet. This builds on Aquarius' established liquidity incentivization system, which has distributed over $2.25M in rewards.
Soroban implements state expiration to address blockchain state bloat, becoming the first blockchain to deploy this solution at mainnet launch. The design includes an Expired State Store, two storage types (Temporary and Persistent), and a rent model to prioritize important data and improve network scalability.
Soroban Preview 10 introduces new State Expiration logic to address blockchain bloat issues, along with Rust SDK changes and clearer smart contract limits. July focused on refactors rather than new features, including rethinking governance token distribution. A new Stable Liquidity Pools contract for stablecoins is in development for future deployment.
The Stellar Community Fund spotlights four SCF-awarded projects enhancing Soroban: Reflector (price feed oracle), Chainlink Oracles Relayer (VRF proxy), Elio DAO (decentralized governance), and Anchain.ai's Smart Contract Catalog (developer templates).
Soroban is Stellar's smart contract platform launching on mainnet, combining Rust and WebAssembly to enable DeFi applications while leveraging Stellar's 8-year track record in payments and anchor network for global financial access.
Soroban, Stellar's native smart contract platform, learns from Ethereum's design mistakes to offer better developer experience. Key improvements include native XLM token integration without wrapping, built-in event emissions, re-entrancy attack prevention, checksummed addresses, and single-transaction token transfers.
The Stellar Development Foundation launched a new bug bounty program on HackerOne focused on Soroban, the network's smart contract platform. The program offers rewards up to $50k for critical vulnerabilities, with higher bounties as Soroban matures toward Mainnet launch.
FXDAO announces it is the first legally incorporated DAO on the Soroban network, providing legal recognition to the project. They are developing a governance contract to manage all other protocol contracts, ensuring community approval for changes. The protocol is nearing completion and ready for deployment on Soroban once the network launches.
Soroban offers developers a compelling alternative to Ethereum and Solana through inclusive technology choices like WebAssembly and Rust, a greenfield ecosystem, global financial reach with diverse stablecoins, superior network reliability, and a streamlined developer experience.
A DAO is nearing legal incorporation and aims to be the first fully operating on the Soroban network. They've completed the Safety Pool contract, which liquidates undercollateralized vaults to maintain protocol health, but face integration issues due to Soroban preview limitations. Next steps include refactoring contracts and developing the Staking Pool.
The Stellar Development Foundation showcases four Stellar Community Fund projects building on Soroban: Qolaq (mutual aid platform), Comet (weighted AMM), FxDAO (decentralized borrowing), and XycLoans (flash loans protocol). Each demonstrates innovative use cases for Soroban smart contracts on Futurenet.
Soroban offers developers a compelling alternative to Ethereum and Solana through inclusive technology choices like WebAssembly and Rust, a greenfield ecosystem, real-world financial reach with diverse stablecoins, and reliable network performance backed by Stellar's mature infrastructure.
FxDAO shares its April 2023 monthly update on building the first legally incorporated DAO on the Stellar Soroban network. They've developed a protocol compatible with Soroban preview 8, deployed webapps on Futurenet for vault management, and are progressing toward legal incorporation within 30-60 days. Future updates will cover ongoing protocol development and DAO setup.
Elliot Voris has joined the Stellar Development Foundation as a DevRel team member after years of community contributions. He discovered Stellar through Stellar Quest during COVID and has since become a key contributor to community education, Soroban documentation, and developer tools.
Blend is a new liquidity protocol primitive for Stellar, enabling anyone to create insured lending pools with Soroban smart contracts. It provides lending and borrowing capabilities, adapting to market conditions while protecting suppliers via a backstop module. The protocol enhances Stellar's ecosystem for fintech, trading, DAOs, and DeFi applications.