SCF #32 Round Recap

Emir Ayral
Stellar Community
Published in
4 min readJan 27, 2025

The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar.

Congratulations to all submitters on your achievement. We received 78 submissions, 40 of which were submitted for their first ever SCF Build awards.

Thank you to all submitters and reviewers for your hard work!

This round of the Stellar Community Fund (SCF #32) capitalizes on the consistent progress seen in past rounds, offering new opportunities to spark innovation and accelerate project growth. By empowering developers and startups to explore the boundaries of what’s possible on Stellar, SCF continues to fuel fresh ideas and impactful collaborations. The collective passion and engagement of the Stellar community remain central to shaping the network’s next chapter.

We awarded $1,377,495 worth of XLM to 17 submitters in total for SCF #32.

Click on the project name to view their successful submission! Please note that in order to view the SCF Dashboard, you need to be logged in. If you do not yet have an account, you can create one by signing up with Discord.

Build Award

Projects can request a Build Award up to $150,000 worth of XLM*. The SCF Build Award is for projects which have significant (user) traction OR teams that are experienced in the Stellar ecosystem and have identified a validated need, both with a well thought out plan and architecture to be ready to build upon receiving the SCF Build Award. Learn more in the SCF Handbook.

Unalivio — $18,475.00 worth of XLM*
Unalivio is a payment method that allows migrants to pay families’ bills from abroad with stablecoins, increasing sales for SMEs.

Cross platform Soroban RPC SDK — $19,000.00 worth of XLM*
Cross Platform Soroban RPC SDK is a Soroban RPC SDK designed for native cross-platform development.

Rust Soroban Client Library — $31,000.00 worth of XLM*
Rust Soroban Client Library is a Rust library for communicating with a Soroban RPC server on the client side, enabling developers to seamlessly integrate Soroban functionality into their Rust-based applications and services.

XCAPIT x UNICEF Smart Pay — $147,000.00 worth of XLM*
XCAPIT x UNICEF Smart Pay is a UNICEF-backed wallet that enables secure, SMS-based digital asset distribution and management for NGOs and users with no internet access, and is open source and certified as a Digital Public Good (DPG).

SocketFi — $88,200.00 worth of XLM*
SocketFi is a smart wallet and one-stop dApp built on the Stellar blockchain. Designed to seamlessly connect millions of social media users to Web3, it provides access to hundreds of dApps and Web3 tools — all in one place.

DeFindex: DeFi Made Easy — $50,000.00 worth of XLM*
DeFindex helps wallet providers offer savings accounts to their users easily through a diversified DeFi portfolio and also allows advanced users to manage complex and diverse DeFi strategies.

Hermes — $150,000.00 worth of XLM*
Hermes is a decentralized perpetual exchange on the Stellar blockchain that enables leveraged trading through a liquidity pool model and oracles, offering deep liquidity with minimal slippage and allowing users to open and close positions efficiently without additional accounts.

Gearup Marketplace — $74,500.00 worth of XLM*
GearUp is a Stellar-based P2P marketplace for African creators to rent, buy, and sell gear, studio spaces, courses, and find gig opportunities.

Almanax — $95,000.00 worth of XLM*
Almanax is an automated security auditor that leverages AI to find and fix vulnerabilities in smart contracts.

Eascrow — $99,050.00 worth of XLM*
Eascrow is a web3 escrow platform powered by Stellar smart contracts, ensuring secure and transparent online transactions. It simplifies cross-border payments and builds trust for freelancers, businesses, and individuals.

OneClick.Fi — $150,000.00 worth of XLM*
OneClick.Fi is an all-in-one DeFi onboarding platform that helps web3 users access the best DeFi protocols and opportunities in one click through a simple UX, gamification, and AI-powered risk assessments.

Myaza — $106,600.00 worth of XLM*
Myaza is transforming how individuals and businesses across Africa manage and make payments by providing a seamless cross-border platform that ensures fast, affordable, and reliable transactions, fostering economic growth and financial inclusion.

Kript — $77,000.00 worth of XLM*
Kript is a crypto payments API infrastructure for merchants and businesses.

Stellar Attestation Service — $83,050.00 worth of XLM*
Stellar Attestation Service is a Soroban framework for attesting to digital interactions on the Stellar network.

Palremit — $60,000.00 worth of XLM*
Palremit is a digital wallet and exchange enabling safe and convenient financial transactions in multiple currencies, including both fiat and crypto, with support for international cross-border transactions.

Freelii — $72,500.00 worth of XLM*
Freelii is a noncustodial Stellar wallet leveraging passkeys for enhanced security and ease of use. Originally built on Telegram, it will be extended to multiple social platforms as mini-apps to provide localized experiences.

Abroad — $56,120.00 worth of XLM*
Abroad is a payment layer for interoperability between Stellar wallets and QR fiat payments.

A big congratulations to these standout projects! Your creativity and innovation have truly made an impression, and we’re eager to see the positive impact you’ll bring to the Stellar ecosystem. Stay tuned for details on how we will be working together to support and nurture your ideas.

*The USD valuation of the Award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on the day of payment as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker XLMUSD_RR) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR).

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