SCF #35 Round Recap

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 77 submissions, 47 of which were submitted for their first ever SCF Build awards.

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

SCF #35 was packed with strong ideas. We saw new teams join the ecosystem and returning builders take things to the next level. Whether it’s payments, DeFi, or cross-chain infrastructure, the focus this round was on solving real problems and building tools people will actually use. Stellar is becoming a go-to place for serious projects, and the energy keeps growing.

We awarded $1,840,348.00 worth of XLM to 21 projects in total for SCF #35.

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.

AirGap — $60,000.00 worth of XLM*
AirGap offers a robust, cost-effective solution by turning any smartphone into a secure cold wallet. AirGap consists of Wallet (a hot wallet for transactions) and Vault (a cold wallet for offline signing). Vault can also be used as a standalone solution with MetaMask for enhanced security.

Billy Wallet — $60,000.00 worth of XLM*
Billy Wallet will be adapted by Coala Pay to facilitate last-mile payments. It will be brought onto mainnet and will utilize a QR code reconciliation system and vendor network to support payments for Stellar Aid Assist transactions.

MUWPAY — $88,850.00 worth of XLM*
MUWPAY simplifies cross-chain token swaps with all-to-one and one-to-all functionality, enhancing liquidity and interoperability.

Axal — $60,800.00 worth of XLM*
Axal allows users to create DeFi agents that can interact with the Stellar ecosystem. These DeFi agents manage crypto across chains, wallets, and dApps.

Lumen Loop — $113,400.00 worth of XLM*
Lumen Loop exists to inform, engage, and empower the Stellar community through automated gathering of Stellar ecosystem content, which is categorized and made easily viewable on its web-based platform and shared through various social integrations.

Wirex Pay — $150,000.00 worth of XLM*
Wirex Pay is a self-custodial card and bank account payment solution powered by smart accounts. Supported by Visa, Wirex Pay aligns closely with Visa’s vision for the future of payments, emphasizing collaboration in driving fintech innovation.

Reyts — $75,000.00 worth of XLM*
Reyts is developing a Stellar-based P2P fiat DEX to remove accessibility barriers for underserved currencies and offer best-in-market fees.

Abroad — $93,700.00 worth of XLM*
Abroad is building infrastructure for payment interoperability between USDC on Stellar and Pix in Brazil. Any Stellar wallet will be able to make payments to any Pix QR code across the country.

Spinach — $70,000.00 worth of XLM*
Spinach aims to grow DEX TVL by running competitions that rally builders to orchestrate liquidity.

KindFi — $79,998.00 worth of XLM*
KindFi is a crowdfunding platform connecting donors with verified LATAM causes through milestone-based fund releases to prevent misuse of funds.

Utoken — $31,600.00 worth of XLM*
Utoken is a self-custody digital wallet that leverages local stablecoins to foster secure, low-cost, instant payments for individuals and businesses.

Cobo — $150,000.00 worth of XLM*
Cobo is enabling institutional-grade custody, cross-border payments, and PayFi solutions for the Stellar network through its Multi-Party Computation (MPC) wallet technology and Bridge app, serving immediate demand from institutional clients.

SwiftEx — $65,000.00 worth of XLM*
SwiftEx offers a multi-chain DEX with fiat support, providing global traders a secure way to bridge and trade assets via SDEX and Stellar Anchors.

Digibank | SDP — $99,000.00 worth of XLM*
DigiBank integrates the Stellar Disbursement Platform (SDP) to deliver instant, low-cost mass payments for NGOs in unbanked MENA regions, leveraging the Stellar blockchain for transparency and efficiency.

LedgersTax — $96,000.00 worth of XLM*
LedgersTax exports your Stellar transaction history for tax reporting, providing comprehensive taxable events data in just a few clicks — saving time and reducing hassle. Even on the moon, you still have to file taxes.

Volta Circuit — $150,000.00 worth of XLM*
Volta Circuit is a decentralized control panel that enables users and institutions to customize and automate their risk management, governance, and treasury operations across any blockchain, creating a secure standard for digital asset custody.

VIA Labs — $95,000.00 worth of XLM*
VIA Labs will deliver cross-chain interoperability to empower dApp developers by seamlessly linking Stellar with 140+ blockchains.

Estrela — $102,000.00 worth of XLM*
Estrela offers a stablecoin AMM on Soroban to help the Stellar community swap stablecoin assets efficiently.

Flow — $120,000.00 worth of XLM*
Flow offers programmable data pipelines to help Stellar/Soroban developers automate real-time workflows by unifying classic ledger and smart contract event streaming.

Normal — $80,000.00 worth of XLM*
Normal Tokens are wrapped assets of each Top 100 cryptocurrency, helping Stellar users gain easy exposure to any asset without relying on bridges, CEXs, or multiple exchanges.

DeFi Dune Dashboards — $25,000 worth of XLM*
Stellar DeFi Dune Dashboards will provide fully verifiable, on-chain data from smart contract activity. These dashboards will track important stats like weekly and monthly active users, average slippage on trades, percentage of aggregated trades, and liquidity provider activity.

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).