Legacy Projects
For the purposes of this handbook, a “Legacy Project” is a project that has applied and received funding from an SCF round prior to SCF #30. This includes projects that have received Activation Awards and Community Awards.
As we transition to Stellar Community Fund 6.0, we understand that some legacy projects may not seamlessly fit into the new categories due to receiving funding under the previous structure. To help guide you through this change, we've outlined options for each situation below to ensure all projects continue to thrive within the new framework.
If you…
Have NOT yet launched on mainnet;
Meet the SCF Build Award criteria;
And have received less than $150,000 in XLM* in previous funding rounds;
You are eligible to submit for an SCF Build Award with a budget request not exceeding the difference between $150,000 in XLM* and the total amount you have already been awarded. Example: A project which didn't launch yet, meets the SCF Build Award criteria; received $50,000 in XLM* as an SCF Activation Award in SCF #29, can apply for up to $100,000 in XLM* for an SCF Build Award.
If you…
Previously received funding for an Education & Community project;
Please wait for outreach from our team. We are changing the way SCF works with this category of project to best suit the needs of projects and SCF.
If you…
Don’t fit into any of these categories;
Or have questions about what category you fit into;
Reach out to communityfund@stellar.org with your questions, and we will get back to you as soon as we can.
Disclaimer
*To determine the number of XLM equal to the USD value of any Award, the USD valuation of XLM shall be calculated using the CF Stellar Lumens-Dollar Settlement Price as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR), or, if such settlement price is unavailable or reasonably suspected by SDF to be unreliable, the settlement price as reported on a substantially similar and equally reputable cryptocurrency index provider as determined by the SDF in its discretion. The USD valuation of XLM for any particular Award shall be calculated using the CF Stellar Lumens-Dollar Settlement Price (or other agreed upon settlement price) reported on the day such Award is scheduled to be paid. The Participants acknowledge and understand that XLM is a highly risky and volatile asset, and that SDF does not provide any representations, warranties, or guarantees of its value.
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