Stellar Community Fund

By Estrela

Finalizing Stablecoin AMM Build

SCF #35

$102.0K

Build

Awarded

Estrela offers a stablecoin AMM on Soroban to help Stellar community swap stablecoin assets efficiently

Products & Services

Estrela is a decentralized platform for efficient low-slippage stablecoin swaps. The platform enables users to trade stablecoins directly on Stellar while liquidity providers can deposit assets into swap pools to earn fees, enhancing on-chain liquidity and utility.
This submission adds the final components required for Estrela’s production deployment on Soroban. The implementation aimes to deliver mainnet-ready stablecoin swap pools built on Soroban. Additionally the platform will feature an SDK to simplify integration for future DeFi applications built on Soroban, expanding developer access and protocol interoperability.

Estrela’s UI components for liquidity provision and swapping further reduce barriers to entry, delivering a smooth user experience for interacting with Stellar-based stablecoins.

Through this development, Estrela strengthens the Stellar DeFi landscape by improving capital efficiency and offering an accessible, stablecoin trading solution built natively on Soroban.

Soroban

Yes

Requested Budget

$102.0K

Success Criteria

The success of Estrela will be assessed based on its continued evolution as a core stablecoin swapping platform within the Stellar ecosystem. Our goal is to deliver a functional, production-ready application that enables efficient, low-slippage stablecoin swaps and supports liquidity provision through a seamless and intuitive interface.

Key success indicators will include user adoption, swap volume, and TVL growth within the Stellar ecosystem. The impact of this activity will be reflected in improved access to stablecoin liquidity, enhanced capital efficiency, and broader utility for Stellar-native assets. Estrela aims to contribute to the development of DeFi infrastructure on Soroban, supporting the long-term growth and resilience of the network.

We also aim to foster collaboration across the Stellar ecosystem by supporting future integrations and project adoption. By maintaining and continuously improving Estrela post-launch, we strive to contribute long-term value to the network’s stablecoin and DeFi landscape.

Go-To-Market Plan

Upon submission approval, we will be preparing to launch Estrela on mainnet, supported by coordinated communication and ecosystem engagement. Our go-to-market strategy emphasizes collaboration within the Stellar ecosystem, leveraging the existing Allbridge user base and community presence.

We will work closely with Stellar-based projects to support the launch and adoption of their stablecoins on Estrela, highlighting its low-slippage swap functionality as a vital component of Stellar’s growing DeFi infrastructure.

The launch will be supported through coordinated announcements, community engagement, and strategic communication across Allbridge and Stellar channels—helping to position Estrela as a foundational tool for stablecoin liquidity and activity on Stellar.

Traction Evidence

Estrela is a stablecoin AMM built on Soroban. Development is being finalized, the smart contracts have been tested, and an external audit has been successfully completed.

This submission builds on our proven track record of delivering finalized products within the Stellar ecosystem. Our two existing bridging products — Allbridge Core and Allbridge Classic — have facilitated over $4.5+ million in bridged volume across 3200+ transactions, directly contributing to Stellar’s liquidity growth and ecosystem usage.

Our team has hands-on experience building on Soroban, gained through previous product's deployments and our work on Estrela itself. Our experience with Soroban and the development of Estrela enable us to bring it to mainnet and support its growth within Stellar’s DeFi ecosystem.

Tranche 1 (Deliverable Roadmap) - MVP

[Deliverable 1]
Brief description: 2-Pool contracts and logic implementation
How to measure completion: Public code repository
Estimated date of completion: 05.02.2025
Budget: $12,000
[Deliverable 2]
Brief description: LP web UI
How to measure completion: Public code repository
Estimated date of completion: 05.02.2025
Budget: $16,000

[Deliverable 3]
Brief description: Swap web UI
How to measure completion: Public code repository
Estimated date of completion: 05.02.2025
Budget: $18,000

Tranche 2 (Deliverable Roadmap) - Testnet

[Deliverable 1]
Brief description: 3-Pool contracts and logic implementation
How to measure completion: Public code repository
Estimated date of completion: 05.23.2025
Budget: $14,000
[Deliverable 2]
Brief description: SDK implementation
How to measure completion: Documentation review
Estimated date of completion: 05.23.2025
Budget: $12,000

Tranche 3 (Deliverable Roadmap) - Mainnet

[Deliverable 1]
Brief description: Deployment on production with 2- and 3-Pool contracts
How to measure completion: Initiate stablecoin swap/liquidity provision on Estrela
Estimated date of completion: 06.13.2025
Budget: $18,000

[Deliverable 2]
Brief description: Yearly maintenance and support
How to measure completion: Estrela live on mainnet
Estimated date of completion: Ongoing over 12 months
Budget: $12,000