SCF Demo Day: March

Recorded: March 24, 2026 Duration: 0:29:48
Space Recording

Full Transcription

Hi everyone. Thank you so much for tuning in to our March SCF demo day. I was so pumped.
My name is Ashley Wright. I am one of the leads for the Stellar Community Fund as well
as the Audit Bank program. And I am so excited about the projects that we have lined up for
you guys today. But before we jump in, I want to share, of course, a little bit more context as to how they
got here. So jumping in a little bit, the Stellar Community Fund Program is an open application
award program to boost the development of developers and startups building on the Stellar
network. It's different from other funding programs run by the foundation because it relies on
community input and allocates awards based on
the input of the community, but also, of course, project support review and governance decisions.
That means that projects you're seeing today were voted by members of the community and represent
the best of the best in the ecosystem. This is a mainnet demo day, which means all of the projects you're seeing today are live.
You can use them, integrate with them,
earn yields with them,
and they'll all give you more information on how they do that
and how you can also participate.
Now, of course, to share a little bit more
about the awards program itself,
these projects all received billed awards,
which are awards up to $150,000
in XLM for projects to BUILD and launch on mainnet. Here's a quick look at what the BUILD
award looks like last year. Over 150 submissions received a total of $14 million in funding,
which is amazing. 82 SCF teams launched a mainnet, completing their award,
but the SCF journey doesn't stop there because a lot of the teams and specifically over 90 SCF
teams received ongoing go-to-market and acceleration support with teams that went on to rate over $70
million in external funding, which is huge. We are excited. And
there's, of course, going to be more opportunities. And I'll be sharing how you can also participate
towards the end of today's session. But of course, enough about the stats, I want to be able to bring
on all the amazing people that are going to be speaking today and really just pitching their
startups and sharing all the amazing things that they're building on Stellar. And so to be speaking today and really just pitching their startups and sharing all the
amazing things that they're building on Stellar. And so to be able to showcase the amazing lineup
that we have, you can take a quick look. Feel free to, of course, share this live with anyone
you want to tune in as well today. But without further ado, I'm going to pass it over so we can
get things started. And to kick things off, we are going to send
it over to DevAssign that's going to jump in and share what they're building.
All right. Thank you, everyone.
Okay. Hello, everyone. I'm Bertel, CEO and co-founder of DevAssign. And today, I want
to talk to you about a fundamental limitation in how
OpenSoft software is currently being built and how we are fixing it.
So right now, developers are writing code faster than ever because of AI Coding Assistant.
And this leads to a massive 500% year-over-year growth in code contribution. But here's the catch. While the way
we currently write code has been completely transformed, the systems we use to review this
code, approve, and pay for code have not changed at all. So now imagine you are managing a growing
open source project and suddenly instead of getting 10 contributions a week, you're now getting 50.
So now you're swarmed and you have to manually review
every line of code, track down bugs, chase compliance,
and then figure out how you can pay your contributors
when you create bounties.
The result of this is that pool requests sit idle for weeks
and bounties don't get paid on time.
This is why we are building DevAssign.
Basically DevAssign is the core operational
and financial platform for open source collaboration.
We transformed the human from being the bottleneck
in the host system to now become the overseer
of an agentic infrastructure.
We are doing this by combining three core pillars.
First, an automated agentic review system
that actually understand the context of your entire code base
and gives actionable feedback to the contributors
for every submission.
Second is the financial rails to pay developer bounties
instantly when their code is merged.
And third, a connectivity layer that embeds all of these
right where the developers already work.
Okay, seems my slide is stuck.
Right, so with DevAssign,
we are currently seeing an 80% reduction in review cycle times.
This means faster merge, less wait time, and much higher contribution retention.
So now let me walk you through a real scenario to show you how seamless this is.
Imagine an open source project maintainer or engineering lead that needs a specific feature
build, right?
And right inside Slack or GitHub, they can just easily type a simple command like bounty $500 two weeks.
That is it.
And immediately, the bounty is created with a specific timeline and the funds are
securely escrowed on the Stellar network.
Now, a developer from anywhere around the world can see this bounty and submit
their code, and within seconds, DevAssign AI agent steps in to review it. In one of our recent live
tests, a developer submitted a seemingly perfect PR, but our agent noticed a critical security
flaw, which was an issue where a user could assess someone else's data. The agent flagged the exact line of code and provided the developer with the exact solution to fix it.
The developer made the commits and updated their code,
and the agent reviewed the final fix before recommending a merge to the maintainer.
So now comes the best part, which is getting paid as a platform so as it stands the old way of paying bounties involved
um getting your stripe accounts and manually connecting it also you are limited to geographic
restriction and you tend to lose up to nine percent in transaction fees in this process
but with dev assign the moment the pr is merged a github event automatically triggers our servant smart
contract and immediately the escrow is released and the developer is paid instantly in usdc
all activities is directly on chain so no manual invoicing and no needless follow-up to the maintainer.
We recently launched our product beta and the result we've gotten so far validates our approach.
And as of today,
we've currently processed hundreds of dollars
in USDC bounties,
and our AI agent has successfully reviewed
over 100 pull requests.
My co-founder and I viewed this because we experienced the problem firsthand.
And as the CEO of Devassign, I bring my background in enterprise platform and product design,
alongside my CTO, a seasoned software developer and blockchain engineer.
Together, we know the friction that developers face, and we know how to design the solution.
So I'm now inviting you all to scan the QR code
to speak with us to learn how we fit
into your engineering workflow.
And you can also go ahead to try out our beta,
which is live on the main net on our website, devassign.com.
Thank you for your time.
Wow, that was amazing.
I can't wait to try that out.
I hope you guys are excited, just as excited as I am.
Thank you so much for sharing that.
Definitely make sure to go ahead and scan the QR code.
Check out Devassign because, of course, they're building some amazing things.
But with that being said, it's now going to change things over a little bit.
We're going to pass it over to Reflector.
Feel free to jump in.
Hello, everyone. I'm Morbit Lens from the StellarExpert team and
I'm excited to present Reflektor, a decentralized system and data exchange protocol that provides reliable tamper-proof oracle price feeds. By design, smart contracts don't know anything about the outer world.
Without fair prices, a smart contract cannot understand the actual value of locked funds
or incoming ongoing payments.
So for many various use cases, the oracle that allows to obtain fair, reliable prices
is a basic building block, often even the cornerstone. Reflector's infrastructure serves a wide range of use cases, such as financial derivatives,
lending borrowing protocols, asset management contracts, algorithmic stablecoins, etc.
Our multi-seed protected consensus is operated by seven prominent organizations, key players of the Stellar ecosystem.
Reflector governance is managed by a DAO, where cluster operators and the community have
full decision-making power.
We believe that the fusion of the proof of authority consensus with community governance
provides the best balance in terms of security, flexibility and decentralization.
Reflector price feeds are trusted by such well-known projects as Nirmal, Defindex, Blend, Orbit CDP, Atherfuse, Line, Equitex, XBID AI, CERB and DOMIN, Stratums and others.
Over the past year alone, the amount of funds secured by our oracles grew by more than 600%,
reaching over 100 million USD in total value secured.
Last week, after a year of development, Reflektor version 3 has finally hit the mainnet.
This release brings a multimodal paradigm combining different options for on-chain
price feeds and off-chain subscriptions.
Thanks to the multi-layer caching and several storage optimizations, Ava smart contracts
now offer much more efficient data reads with minimal resource footprint.
Oracles publish on-chain updates events for indexers and support more than 200 assets per
contract. Also, liquidity data from Aquarius MM now participates in price calculation alongside classic DX trades.
Let's talk about data access models. Our SAP 40 compatible Pulse oracles feature efficient
larger utilization for the storage of large amount of data with uniform five-minute time frames and straightforward
interface for consumer contracts, which ensures a seamless integration even
for inexperienced developers. Pulse oracles are openly available to use for
any smart contract, but require someone to periodically pay oracle upkeep fees.
Beam oracles offer way faster updates and boast the largest selection of
available price feeds. Reflector sends on-chain notifications every time
the price deviation for the specified asset reaches a certain threshold
with periodic guaranteed updates.
Then users have to pay a small price per call fee each time they have each time they pull
data from Beam Oracle.
However, Beam Oracles do not require the upkeep fee itself.
And going far beyond smart contracts, Reflektor also offers a
flexible and chain-agnostic Flare subscription service. While the cluster
consensus is backed by Stellar Network, any application can easily integrate
Flare using industry standard webhooks in order to receive reliable price change notifications
for any of thousands of Stellar assets or other data sources. This service provides a unique
combination of customizable trigger conditions, fast reactions with one minute data granularity and deterministic cryptographically protected proof stored on Stellar Ledger.
To summarize, Reflektor is your ultimate prize reference for Stellar and beyond.
Thank you for your attention.
Please visit reflektor.network if you'd like to learn more and also join our discord if you have any questions or simply
want to chat with protocol developers thanks wow that is so exciting thank you so much for sharing
that and everyone once again make sure to scan the qr codes to check out and obviously be get
get a chance to check out the platform itself, which is great. So thank you so much for sharing that. We really appreciate it. Amazing. All right. So next up we have Versprop. Super excited to hear
your pitch. Thank you. So just a quick introduction, Joel Corrin, CEO of Versprop. And today we're
introducing the infrastructure layer for tokenized commercial real estate finance.
There's obviously been quite a lot happening in the sector, but finance is what we think is
probably one of the more interesting places. So it's one of the largest and most inefficient
credit markets. Capital is often locked in transactions, is incredibly slow.
Investors face limited liquidity and exit options.
So Versaprop really solves that by enabling the tokenization, the distribution, and the management of real estate equity and debt.
So that really falls under the category of finance or within a regulated
framework. And we put together just a little bit of a flow chart. You can go and have a look at
our website and dive more into detail. But in short, we're different in the sense that we're
domain experts. So we've been doing this for, you know, 20 plus years.
The operational team has been in structured finance, investment banks, etc.
So we're not just technologists. We specifically focus on the real estate finance vertical.
So that's the only thing we do. So we're really looking to be domain leaders and obviously doing that alongside Stellar.
So we are essentially taking illiquid real estate finance in what's been a challenging market,
and we're putting that into an efficient and scalable investment opportunity.
into an efficient and scalable investment opportunity.
So what I'm going to quickly do is walk you through
the platform and just focus on,
hopefully I'll be able to do that.
Here we go.
Okay, so we're going to very quickly start
on the investor experience.
It's very, very simple.
An investor selects how many tokens they want. They see the investor experience. It's very, very simple. An investor selects
how many tokens they want. They see the price instantly, they confirm, and within seconds,
the transaction is complete. And all of that runs on Stellar. So it's near instant, it's
fully auditable, it costs a fraction of a cent to transact. And, you're seeing, I'm sure many of you will already be familiar with.
Just moving quickly onto the tokenization engine. So this is embedded in our platform.
And instead of real estate income, assets are structured as loans. Remember, we're real estate
finance. So a borrower pays interest, and that becomes yield for investors. And Versibok
automates that entire process, distributing payments directly into investor wallets. So
there's no intermediaries, no delays, just real-time proportional payouts. These are fixed
term investments. So investors receive yield over time and at maturity, they get their principal
back along with their interests.
For the demonstration that we're doing right now we condensed the quarterly dividend payments into a few seconds so you can kind of just see the flow as well as the principal repayment and what's
really important is that everything is designed to be secure, bankruptcy remote, legally separated collateral, and enforceable investor claims.
So this behaves like a structured financial product, not a speculative asset.
You'll see now that how do we make this scalable?
So Versaprop is fully white label.
We integrate into real estate companies and lenders.
They can launch their own branded interface with admin tools and all the built-in functionality
really seamlessly.
But I'll just end with saying that the differentiation
is the structuring layer.
Combining the sort of real estate expertise
with some incredible infrastructure layers
with stellar and institutional grade financial
engineering, you know, we're able to put, you know, what otherwise would be assets that are
not accessible on chain, and then we can turn them into scalable, investable opportunities.
We'd love to connect with anybody within the within the ecosystem uh on this call uh you can
find me on on on linkedin or on uh x uh adverse prop and um thank you again to the stellar uh
team for the opportunity they've been absolutely fantastic to work with so thank you
amazing thank you so much and that is exciting. That's one area that always gets
me pumped up. Real estate, of course, tokenized real estate and now available on Stellar,
which is awesome. So thank you so much for sharing that. Okay, perfect. So next up we
have Blocksmith, which is another exciting project. Welcome.
Hi, thank you. I'm glad to be here to present Blocksmith.
So I'm Diogo, head of Web3Latin from 57Blocks. I will present Blocksmith,
an hour and one development framework for stellar smart contents.
What's the problem that this tool handles? Sometimes the local environment of the developers
fail to reproduce the behavior of the network in production. So this leads to problems like
having smart contracts difference of execution during the deployment or running mainnet and what
blocksmeet proposed is to bring this production environment closer to the development helping to
and facilitating the development and deployment to production of Soroban Smart
Quantit. What Blocksmith provides is enables you to write tests in Rust and
also run these tests against Soroban VM or also IRPC client. It facilitates to run local networks,
spin up locally in an easy way.
Also deploy the contracts in the same way
in the development and production environment
and also to analyze the performance of the smart contracts,
all this in an easy way.
Now we have a demo video.
Let's play this.
Let's spin up a local stellar network with Blocksmith.
With a single command, Blocksmith starts every required service
and waits until the network is fully ready.
You can instantly check node health, stop the network when you're done, or restart it in seconds.
And when you need a clean environment, reset clears all local state and rebuilds everything from scratch.
With the local node running, we can execute our Rust tests directly over RPC against a
real local network.
The same test suite can also run entirely in an in-memory VM.
No test rewrites, no duplicated logic, speed when you're building,
certainty when you're shipping, validated on a real network as you approach production.
Running tests is one command.
With coverage enabled,
Blocksmith shows exactly which parts of your contract logic are exercised.
And with resource tracking, of your contract logic are exercised.
And with resource tracking, you can inspect CPU and memory usage for every contract invocation.
No more discovering performance problems in production, BlockSmith reveals them early, long before deployment.
Deployment follows the same Rust native workflow.
Rust native workflow. With a single command, you can deploy contracts to localnet, testnet,
or mainnet using the same scripts and the same tooling. From development to production,
Blocksmith keeps the workflow consistent. Blocksmith is designed as shared infrastructure
for the Stellar ecosystem, helping teams ship safer contracts, integrate faster, and move to production with confidence.
That was the demo.
I'm talking a little bit about 57Blocks.
We are a global company, presenting many countries like US, China, Colombia, Brazil, and also Europe, Poland.
We help Web3 companies to develop and have proper infrastructure.
And also we incubate some early ideas and invest as VCs.
So thank you very much.
This is my contacts.
If you need anything, I'm Diogo, head of a lot of 57 blocks, web3lottan.
And the website from Blocksmith is blocksmith.co.
Thank you so much.
Here we are seeing another amazing project building on Stellar.
Thank you so much for that amazing pitch.
With that being said, we have one more amazing pitch.
And this one I'm also really excited about, which is Xenix.
So over to you.
Thanks, Ashley.
I'm Ishan, also known as Soiled on Discord.
I'm the founder of Zenith Protocols, and we are running Xenix.
Xenix is Stellar's first perpetuals exchange so what's a perpetual when you guys hear of like hyperliquid
jupiter dydx these are all futures exchanges in crypto where you're able to long and short
an asset with leverage all right so zenex right now is going into mainnet we'll be launching a
kale market so what that what does that mean kale is a meme coin on stellar and we will be opening up pairs like ptc ethereum xlm
to kale be completely open for anyone to trade on on mainnet and we'll be doing a trading
competition where the highest traders with the highest volume or the highest pnl will be earning
some cash back so you know enough said like what said, like, what does Zenex actually look like?
So just for the sake of time, I'll be showing a demo video.
So right now what we're seeing is we're launching up a passkey.
So on Zenex, what we enabled is on top of using your normal freighter expo,
we also want you to use a passkey so that if you're on a mobile device like an iOS,
you could also connect and you won't have to keep signing your phone trader expo we also want you to use a passkey so that if you're on a mobile device like an ios
you could also connect and uh you won't have to keep signing your phone or you have you don't
have to keep jumping into a different wallet um my bad on top of this too alongside passkeys we've
created enable quick trading uh quick trading is essentially what's in the name it's quick trading
so instead of having to sign each time you make a transaction,
you can just click confirm.
Kind of like how when you go in Robinhood or Fidelity to buy a stock trade,
same idea.
So now if you want to just keep spamming, opening and closing orders,
you could, which is really cool.
Now what you're seeing right now is I'm opening $100 long,
get 100x leverage on Bitcoin, which is really good, right? 100x leverage for
any asset is pretty insane, but we were able to pull it off and it's all done on chain, right?
There's no off chain order, but there's no off chain, what's it called? System that's running it.
On top of that too, we have limit orders and we have take profit stop loss. So if you want to do
more complex trade, like a hedging solution or any other types of strategies you could right alongside these orders we have funding rates
like your traditional perpetuals exchange so if you want to do carry trade or if you want to make
any extra money there's also those fees to keep in mind that's fully locked and loaded so the math
is on our documentations if you would like to read it alongside that if you can see on the chart we have indicators this is temporary right now we're going to be upgrading
it to a different trading view uh trading view design that already has all the indicators already
installed um so be hoping to see that soon right now we're looking at the vaults page
this is essentially where the liquidity is right so
in every perpetual exchange you have to put up some liquidity to make that market for us since we don't have a order book we follow more of a gmx design where it's kind of like an amm right we
keep it balanced we try to we try to keep the longs and shorts paying each other rather than
us paying it um as you can see you could just deposit money into the vault and it's an erc 4626 standard the open zeppelin standard um and yeah that is zenex so why can't i
so if you're interested in perpetuals on stellar if you're interested in our trading competition or
if you're interested in making your own purpose market zenex allows you to make your own perpetual
market so if you want to open up a market for the blend token, for aqua token, or even for gold stock or any other real world commodity,
you can now do that. So if you're excited to start trading perpetuals, please join our discord and
head over to our website at xenex.trade. Love to see new people and we'll be hosting a trading
competition soon. So please keep that in mind. There's a decent dollar prize for that.
Thank you so much for that amazing pitch and presentation.
Another amazing project,
a project literally building on Stellar
and pushing the boundaries.
So thank you so much.
That was exciting.
And I hope all of you get a chance to scan the QR code
and of course check all
everything out. But with that being said, guys, that is a wrap for today's pitch. I want to say
a huge thank you to all the presenters that shared what they're building. And today was such a fun
mix of projects highlighting technical innovation, practical utility, and real world impact. You
really can build and do a lot on Stellar. So please check
out the socials of all the projects that pitch today. And if what you heard today intrigues you
and you want to get involved when it comes to SCF voting, or of course, being able to be a part of
the ecosystem, make sure to check out all the amazing resources shown in the presentation.
make sure to check out all the amazing resources shown in the presentation. And of course, if you
have questions about SCF and wanting to submit your projects or get more information about the
program, feel free to check out our website as well as the handbook with all the details. And
right now we do have opportunities for you to apply and participate in our SCF 43, which the deadline is April 26. So you can actually
go on our website, submit the interest form as soon as possible to get more details on how you
can participate in the upcoming BUILD award with, of course, the three different amazing tracks that
we have, whether you're looking to participate in the open track the RFP or even our
integration track as well but with that being said I want us again I want to
give a huge thank you to everyone participating and pitching the projects
and thank you to you for tuning in for today's session so with that being said
guys we'll see you back next month with our new roster of presenters thank you
so much and see all of you guys soon bye everyone