• Anchors

  • Path to become Stellar Anchor

Hi,
My organization is working on a project that issues stablecoin. We have already developed wallet app and are now in progress of developing anchor.
To be clear on our path on developing anchor, I have several questions:

  1. How could my anchor interoperate with Stellar network officially. Do we have to contact to other anchors, or contact to SDF ?
  2. How could our stablecoin has exchange rate with others stablecoin, both directly and through XLM ?
  3. How could our stablecoin be listed on Stellar decentralized exchanges ?
  4. What actions do we need to take (besides technically development) ?

Please give me suggestions !

  • How could my anchor interoperate with Stellar network officially. Do we have to contact to other anchors, or contact to SDF ?
    -- The Stellar network is open source, you don't need to ask others to operate with it

  • How could our stablecoin has exchange rate with others stablecoin, both directly and through XLM ?
    -- You will need to provide the liquidity in the Stellar Decentralized Exchange and pair it with other coins

  • How could our stablecoin be listed on Stellar decentralized exchanges ?
    -- It's decentralized, everybody can list the token they want. You only need to place the offers in the SDEX

  • What actions do we need to take (besides technically development) ?
    -- Legal, lot of legal help since you are touching fiat money and it's possible that your country will treat you as a securities provider depending on your business model... And of course, you need to earn the trust from other users

    earrietadev
    Thanks for reply.
    I have more questions:

    1. I saw that in the homepage of Stellar.org, there are lots of projects listed on the "Projects and Partners" part. How could my project be listed on that part?
    2. How could my asset be listed on exchange platform like StellarX, StellarTerm ... ?

        thongtran
        1.- You will need to be a business with traction and contacting them after that
        2.- They are private websites, you will need to contact them and ask the requirements for each one

            9 days later

            Hi:

            1) as he said you can contact sdf (stellar) at hello@stellar.org.
            2) Have a look at the stellar polaris django codebase - it can help you integrate faster sep 1/24/31 are important plus 12 - the kyc requirements
            https://django-polaris.readthedocs.io/en/stable/
            3) Read the stellar.org website
            4) You need to issue your token

            Contact me at abarker@bpventures.us if you need some help. We have done a few anchors. The market making, issuance, and wallet integration are a bit of work. We can also help you integrate into Terra, Eth, bitcoin lightning etc.

            Cheers

              8 days later