Stellar Community Fund announces upgrades and optimized fund disbursement methods

Mars Finance reports that Stellar has announced an upgrade to its Community Fund, launching Stellar Community Fund v7.0. This upgrade aims to accelerate ecosystem growth and help developers scale faster. The fund, which has been operating for six and a half years, was launched after successfully passing the SCF Pilot vote through the Soroban Governor, adapting to network maturity and developer needs. SCF v7.0 will optimize fund disbursement to encourage execution, speed, and delivery: 10% will be paid out initially upon grant, 20% during mid-term development milestones, 30% during the advanced product readiness phase (testnet), and 40% during mainnet launch validation and user experience readiness.