Stellar has announced the launch of Stellar Community Fund v7.0, aimed at accelerating ecosystem growth and aiding developers in scaling their projects more efficiently. This upgrade, following a successful SCF Pilot vote by the Soroban Governor, reflects the network's maturity and evolving developer needs. The new version introduces an optimized fund disbursement strategy to enhance execution and delivery. Grants will be distributed in stages: 10% upon initial grant approval, 20% at mid-term development milestones, 30% during the advanced product readiness phase on the testnet, and the remaining 40% upon mainnet launch validation and user experience readiness. This structured approach is designed to incentivize progress and ensure project success.
Stellar Community Fund Launches v7.0 with Enhanced Disbursement Strategy
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