💰Funding Overview

Build Award: The SCF Build Award is a one-time award of up to $150,000 in XLM* distributed to eligible teams who are building meaningful products, services, and resources on Stellar. SCF Build Awards are intended to cover (up to ~6 months of) development costs until the Project launches on Stellar mainnet, or are otherwise available to their target audience (in the case of tooling, and similar project categories).

For a comprehensive understanding, consult the SCF Handbook.

*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.