Odaily Planet News: Stellar has announced an upgrade to its community fund, launching the Stellar Community Fund v7.0, aimed at accelerating ecosystem growth and helping developers scale more quickly. The fund has been in operation for six and a half years, and this upgrade follows the successful SCF Pilot vote conducted via the Soroban Governor, in response to the network's maturation and developers' needs. SCF v7.0 will adjust and optimize the funding disbursement method to encourage execution, speed, and delivery. Specifically, the funding will be distributed as follows: 10% is paid upon grant approval, 20% at the mid-development milestone phase, 30% at the advanced product readiness stage (testnet), and 40% upon mainnet launch verification and user experience readiness.
Stellar Community Fund v7.0 Launches with Optimized Funding Model
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Summary
Stellar has launched the Stellar Community Fund v7.0 to promote ecosystem growth and enhance funding opportunities for developers. Now in its sixth-and-a-half-year of operation, the fund has been upgraded following a successful SCF Pilot vote conducted through the Soroban Governor. The new funding model allocates 10% upfront, 20% at a mid-milestone, 30% at testnet readiness, and 40% upon mainnet launch. These changes are designed to better support the evolving needs of the maturing network and its developers.
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