Stellar Lumens provide the tools, which are required to build the future of finance. The Stellar Community are focused on unlocking the world’s economic potential together.
The Stellar Development Foundation are kicking off a contest in collaboration with the StellarBattle to motivate users to create educational content for Kelp, the automated trading bot.
The Stellar Community by virtue of the contest gets an incentive to learn more about the Stellar Decentralized Exchange (DEX) and also about the liquidity provisioning and trading that is possible with Kelp.
Those who are willing to participate should create educational content about Kelp and the Stellar DEX and they need to submit it on the Kelp which is the StellarBattle Page. The submissions should be done in compliance with the conditions applicable for the contest.
The prize pool for the contest is set at 20,000 XLM and it will be distributed as 50%, 30%, and 20% for the first, second and discretionary positions respectively.
The contest is considered to be an opportunity to experiment and know more about Kelp and also to learn about the challenges, which are related to trading on the DEX and also to know more about automated trading. The good thing about Kelp is that it is compatible with decentralized and centralized exchanges.
Sydney Ifergan, the crypto expert tweeted: “Stellar Lumens (XLM) facilitates a 5-second ledger close time, which makes it the right choice for any kind of financial service or application.”
The Stellar tools make it very easy for developers to build the future of finance on Stellar. SDF are doing a lot to improve brand awareness and visibility and therefore making Stellar the blockchain, which people know and trust.
Stellar Lumens (XLM) Improved Robustness and Usability
The Stellar Blockchain continues to foster and develop sustainable use cases providing for cross-border payments and securitized assets.
Recently, Jed McCaleb and Denelle Dixon were in an AMA on Stellar. The AMA began at 9 a.m. PT on August 19, 2020 and focused on the recent updates at SDF. More of these details are available with the reddit community thread.
The developer team work continuously to improve robustness and usability of the Stellar Network there by making it safe and easy to build on the network.
Most of the Stellar Community members love XLM and they are hoping to get some price action. They feel that there needs to be more marketing or something good to make the price move upward.
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