Smart Contracts are Live on Stellar Mainnet
Soroban, the smart contracts platform on Stellar, is now live on the network’s mainnet, enabling anyone to build, deploy, and interact with Stellar-based decentralized applications (dapps). This launch marks the Stellar network’s biggest upgrade in its 10-year history. Now, anyone can build DeFi applications that tap into a global ecosystem of on and off-ramps, high quality stablecoins and assets, millions of accounts, and more that connect to the real-world.
$100M Soroban adoption fund
To encourage development on Soroban, SDF has committed to investing $100 million into projects leveraging the network’s smart contract capabilities in its pursuit to set a better standard where not only payments, but everyday financial services, are accessible to all. Projects can apply for funding from SDF to kickstart their DeFi projects on Stellar.