Stellar Community Fund Recap: Soroban Infrastructure

Reflector is a price feed oracle network designed for Soroban smart contracts. It operates through a network of nodes that continuously monitor the Stellar network for new trades to determine prices for tracked assets.

Reflector seeks to provide immediate data availability, low fees, efficient ledger utilization, and automatic cross-price calculations for any asset pair. Reflector’s goal is to offer a reliable and secure solution for obtaining accurate price data within the Stellar ecosystem.

Check out their SCF proposal here.

The Chainlink Oracles Relayer is a trustless VRF (Verifiable Random Function) proxy solution designed to relay the services of the oracle provider, Chainlink, to Soroban. Oracles play a crucial role in various projects as they provide genuinely random data that is not readily available within smart contracts.

The system consists of a proxy contract, relayer, and oracles. Developers deploy the proxy contract on Soroban, which serves as an interface for making random data requests. The relayer processes these requests and calls the Chainlink VRF implementation on Fantom, leveraging the oracle network's capabilities. The provided random data is then verified through on-chain signature verification.

Through the Chainlink Oracles Relayer, developers within the Soroban ecosystem will be able to harness the power of oracles, making it possible to incorporate randomness and enhance the functionality of their decentralized applications.

Check out their SCF proposal here.

Elio DAO aims to bring decentralized autonomous organizations (DAOs) to the Soroban ecosystem. DAOs reimagine organizational management by enabling decentralized decision-making, community governance, and shared ownership through smart contracts.

Elio DAO offers an interface for creating and managing DAOs, including key functionalities such as asset issuance, governance setup, and voting workflows. Elio DAO apart is building out extendable hook point functionality, allowing developers to customize DAOs with Soroban smart contracts.

As open-source infrastructure, Elio DAO will provide frontend components for others to utilize and tailor to their unique needs. With Elio DAO, engaging in decentralized governance aims to be seamless and accessible.

Check out their SCF proposal here.

The Soroban Smart Contract Catalog is an open-source tool designed to simplify the process of developing on Soroban. This catalog provides a list of Soroban smart contracts for various use cases. Developers can leverage the catalog to either directly deploy functional smart contracts, modify existing templates to suit specific needs, or simply gain educational insights.

By offering readily available templates, the Soroban Smart Contract Catalog empowers developers to accelerate their Web3 application development.

Check out their SCF proposal here.

The Stellar Community Fund has been a long-time catalyst for some of the most innovative projects in the Stellar ecosystem and we’re excited to see that trend continue as we head toward Soroban’s launch.

If you, or your team, are interested in building on Soroban then we’re interested in hearing from you. Head to the SCF website to familiarize yourself with the rules, processes, and awards. We can’t wait to see your submissions!

*Disclaimer: The SCF awarded projects (collectively, “SCF Awarded Projects”) are selected based on set criteria and are assessed by a selection panel composed of employees of Stellar Development Foundation (“SDF”) as well as community members selected by SDF to participate on such selection panel (collectively, “Panel Members”). While the Panel Members have sought to evaluate SCF Awarded Projects as part of the SCF, neither SDF nor the Panel Members makes any claims, promises, or guarantees about the accuracy, completeness, or adequacy of the submissions made by such SCF Awarded Projects. No warranty of any kind, implied, expressed, or statutory, including but not limited to the warranties of non-infringement of third party rights, title, merchantability, or fitness for a particular purpose is given by SDF or any Panel Member. Reference to any specific commercial product, process, or service does not constitute an endorsement or recommendation by SDF. Nothing herein should be construed as financial, legal, or investment advice. If you choose to interact with any SCF Awarded Projects, you should ensure you understand the technology, the assets, and that you are aware of the risks involved in such operations.

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