Stellar Community Fund announces upgrades and adjustments to optimize funding allocation methods
According to Odaily, Stellar has announced the upgrade of its community fund with the launch of Stellar Community Fund v7.0, aiming to accelerate ecosystem growth and help developers achieve scale more quickly. The fund has been in operation for six and a half years, and this upgrade follows the successful SCF Pilot vote through Soroban Governor, adapting to the network's maturity and developers' needs. SCF v7.0 will optimize and adjust the funding allocation method to encourage execution, speed, and delivery. Specifically, 10% of the funds will be paid at the time of the grant, 20% at the mid-development milestone stage, 30% at the advanced product readiness stage (testnet), and 40% upon mainnet launch verification and user experience readiness.
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