The first bridge to Polkadot: giving Stellar users more access to the DeFi world
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Bridge to Polkadot
Spacewalk is the first bridge between the Stellar network and the Polkadot ecosystem. Bridging to one of the most popular Web3 ecosystem gives Stellar users more access to DeFi opportunities. Based on already tested infrastructure (XCLAIM and interBTC), Spacewalk is implemented as a Substrate (the blockchain framework on which Polkadot is built) pallet and allows any Substrate-based blockchain to implement a direct Stellar bridge.
Stellar Oracle
A key component of the bridge is the Stellar oracle, which relays the state of the Stellar network to external services (like a bridge). The Stellar oracle is decentralized and by design at least as secure as the Stellar network itself.
While this oracle is developed with Spacewalk in mind, it can be used by other bridge services. By giving this oracle to the Stellar community, we hope to see more bridges being built to connect Stellar with the broader DeFi/Web3 world.
SatoshiPay has been building innovative blockchain payment solutions since 2014. SatoshiPay has been operating nodes on the Stellar network and contributed to the general development of Stellar for many years. In 2021, SatoshiPay initiated Pendulum to connect fiat to the DeFi world.
Alexander Wilke
CEO and Co-founder
https://www.linkedin.com/in/alexanderwilke
Torsten Stüber (TorstenStuber#9059)
CTO
https://www.linkedin.com/in/torstenstueber/
Gonzalo Montiel
Lead engineer
https://www.linkedin.com/in/gonzamontiel/
Carla Yap
Engineer
https://www.linkedin.com/in/b-carla-yap-53a39360/
Marcel Ebert
Engineer
https://www.linkedin.com/in/marcel-ebert-198336166/
Hugo Lindsay
Engineer
https://www.linkedin.com/in/hugolindsay/
Erasmus Hagen (erasmus#7448)
Head of Product
The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on December 5, 2022 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). Learn more in the SCF Handbook.
*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on July 5th 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)
**The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on December 16, 2021 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)
*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on September 27, 2021 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)
* The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on the date of transfer 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)
*This budget request has not been fully awarded to the project. The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on day of payment 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). Learn more in the SCF Handbook.