Stellar Launches Community Fund v7.0 to Boost Ecosystem Growth

Stellar Development Foundation announced the launch of the Stellar Community Fund v7.0, introducing milestone-based funding to boost ecosystem growth as reported by PANews on January 17th.

By optimizing fund distribution, this upgrade aims to enhance project execution speed, aligning development progress with funding, potentially strengthening Stellar’s native token, XLM, within its network.

Stellar’s Fund Disbursement Model

The new fund disbursement model includes lower initial grants with increased payouts during advanced stages. This approach aims to better match development progress, with a focus on ensuring projects reach necessary milestones such as testnet readiness and mainnet launch validation. The fund, operational for over six years, now moves towards incentivizing performance through more targeted financial support.

The community has responded positively to the new fund structure, emphasized by references to “Faster Paths to Funding” on official channels. No direct quotes from key figures like Jed McCaleb or Denelle Dixon have emerged, but the community sentiment is focused on driving more innovative projects. While official statements echo enthusiasm, there’s no specific reaction from external governmental or institutional bodies observed at this stage.

“SCF v7.0 accelerates growth, adds tracks (Integrate, Open, RFP), unified submissions, referrals, Instawards, and post-launch support up to $300K for high-performers.” – Anke Liu, Stellar Development Foundation

Stellar’s XLM Token Sees Market Uptick Amid Fund Changes

Did you know? The Stellar network has been operational for over six years, focusing on financial inclusion and technological improvements.

According to CoinMarketCap, Stellar’s native token, XLM, currently trades at $0.24, with a market cap of approximately $7.62 billion. The market has witnessed a 4.34% gain over the past 24 hours amidst a 3.43% increase over seven days. Trading volume in the last 24 hours stood at $123.76 million, reflecting a 16.40% decrease in activity. Over the last 90 days, XLM’s value has declined by 26.41%.

Insights from the Coincu research team suggest that the new funding structure may significantly impact the pace of financial inclusion projects on the Stellar network. By aligning funding with deliverables, the fund positions developers to contribute to key technological improvements that may further integrate Stellar into broader financial markets. While regulatory responses remain static, the fund’s evolution indicates a trend toward more targeted cryptocurrency development.