DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
Aquarius announces the Signers Guild to decentralize control over key AQUA wallets on the Stellar network, using native multisignature capabilities with up to 20 community members. The guild will manage 75%+ of uncirculated AQUA supply, including liquidity rewards, airdrops, and DAO funds, requiring majority approval for transactions. This initiative supports Aquarius's goals of enhancing SDEX and AMM liquidity through community governance.
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.
YieldBlox, from the Script3 team, aims to address Stellar ecosystem challenges like poor capital efficiency and weak incentives by introducing money markets for lending and borrowing. It enables passive users to earn interest on deposits while active users leverage assets, boosting liquidity and productivity. Additionally, it provides fintech platforms with revenue models through yield delegation and staking incentives.
YieldBlox announces updates to its YBX airdrop due to bot activity, introducing day-zero staking with a 10x multiplier for genuine users and staggering payouts over six weeks. The testnet beta saw over 472,000 YBX farmed, revealing key insights into user strategies and protocol improvements on Stellar. Upcoming changes include UX enhancements, smart contract fixes, and mainnet launch by late November.
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.
This article provides a deep dive into the tokenomics of YBX, the platform token for YieldBlox, a decentralized money market protocol on the Stellar blockchain. It outlines five growth-positive utilities including staking, governance, lending/borrowing incentives, and future AMM integration, designed to bootstrap growth for both YieldBlox and the Stellar ecosystem. The model emphasizes cooperative strategies for maximum value accrual through fee redistribution and reduced sell pressure.
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.
A comprehensive FAQ addressing common transaction submission errors on Stellar, particularly 504 timeout errors. The article explains how dynamic fees work, surge pricing mechanics, ledger limits, and provides practical guidance for developers to optimize transaction submission and avoid timeouts.
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.
The Stellar Winter Roundup 2019 recaps key achievements and events from December through October, including ecosystem expansion, the Meridian conference, lumen distribution updates, and new partnerships. Highlights feature SDF's new mandate, Horizon and Core releases, Stellar Community Fund voting, and integrations like Travala.com and BitGo support for XLM. It also announces new hires and job opportunities at SDF.
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 Monthly Roundup for September 2019 covers ecosystem updates including collaborations, AMAs, new hires at SDF, developer releases, community fund proposals, and ecosystem projects like Cowrie Systems and Bitbond. Highlights include the upcoming Meridian conference in Mexico City and a proposal to disable inflation. New features on stellarbeat.io and protocol upgrades prepare the network for future improvements.
Stellar has released Horizon v0.22.1 with support for Stellar-core v12.0.0 and Protocol 12. This update introduces path_payment_strict_send offers and disables the inflation mechanism. Users are urged to update their software ahead of the public network upgrade vote on October 28, 2019.
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.