Hot answers tagged

4

Assets are related to each through offers on the DEX. If you make two standing offers to openly trade a pair of assets in both directions to set the trading value between them, then that relationship will stand so long as those offers exist. Others might make different offers at wildly varying relationships, which won't change the presence or value set on ...


3

Nobody is rewarded for validating transactions. All transactions are equal, regardless of the assets involved. Anchors do not validate transactions. Validation is done by validating nodes. People decide to run a validating node if they obtain business advantages from doing so. Anchors are entities (accounts) that bridge off-network value to tokens ...


3

In the case that you're referring to, the anchor is expected to (as the doc says) "maintain a Stellar account for each customer", i.e. a managed wallet where the anchor controls the private keys. (This is standard practice for crypto exchanges). Given that the anchor controls the account's private keys, they are free to debit the user's managed Stellar ...


2

I am not clear what you want to do. As far I understand the questions is how users can hold my custom asset and XLM on the same account. In that case, here's one way how to do that You already do auth_required and auth_revocable, let's keep that. whenever a user signs up to you, create account and setup trusts for him as before. on top of that, change their ...


2

Yes, it's possible. You can use /assets endpoint. Do not forget to provide a large enough limit parameter, as Horizon always return max 10 records by default. For example, here is the list of assets issued by InterstellarExchange: https://horizon.stellar.org/assets?issuer=GCNSGHUCG5VMGLT5RIYYZSO7VQULQKAJ62QA33DBC5PPBSO57LFWVV6P&limit=100


1

As I understand it, the main use case is to support KYC (know your customer) and anti-money laundering. An issuer can confirm identity in order to satisfy relevant laws in their jurisdiction, and then proceed to grant authorization through an allow trust operation. You could also use this mechanism to limit a set of tokens to some pool of people for other ...


1

I struggled with this as well because basically the documentation is a bit fuzzy on what is what and on the overall architecture. All you need to be an anchor is to use the public horizon endpoint + tools like the API explorer. You don't need any software running on your own servers other than a tiny stellar.toml file that defines your token. This can live ...


1

Stellar is a public, open-participation network. That means you can start building on it today, no permission required. You don't need a license to use the network. However, if you want to anchor a currency — which means that you connect Stellar to existing financial infrastructure by accepting deposits using legacy rails and crediting Stellar accounts ...


1

First, make sure your pip installation is for Python 3. If you have python3.3 or higher installed, you can test with a non-system pip by creating a virtual environment. mkdir test cd test python3 -m venv .venv . .venv/bin/activate pip install django-polaris --index-url=https://pypi.org/simple If it works, something is wrong with your system pip or pip3 ...


1

You should be able to use the Horizon /accounts endpoint to return all the accounts with trustlines to an asset: https://www.stellar.org/developers/horizon/reference/endpoints/accounts.html You can then iterate over that list to find accounts that haven't yet been authorized. (see https://github.com/stellar/go/issues/1938)


1

One alternative could be to integrate with an existing USD anchor (e.g. AnchorUSD). Ecosystem standards like SEP-0024: Interactive Anchor/Wallet Asset Transfer Server (alongside SEP-0010 & SEP-0012) allow you to implement the deposit / withdrawal flow for an anchor within your application. The two resources I would recommend for this are the SEP itself ...


1

You need anchor to convert the credits to FIAT currency.


1

Using your example, in order to withdraw EUR from Anchor2, you will need to trade your Anchor1:USD for Anchor2:EUR on the distributed exchange (SDEX). The cost will be the exchange rate of that trade, less the minuscule fee for issuing transactions (paid in XLM). Additionally, an anchor may apply a fee when you deposit or withdraw fiat. I am not familiar ...


1

You don't need to have an equivalent amount of Lumens. But you need to have the base reserve fee and some Lumens. You need to spend 100 stroops (0.00001 XLM) for each operation that you perform, including issuing assets.


1

You do not need to hold Lumens to be an anchor. You are supposed to hold the actual asset (like the real BTC) that your token represents before you send it.


1

I'm operating anchor apay.io and half a year ago I was looking at Bifrost if it can be used for my anchor. Potentially yes, but: it requires some code changes you would still need to implement withdrawals, because Bifrost only covers deposits you still need to implement API according to standard for anchors https://github.com/stellar/stellar-protocol/blob/...


Only top voted, non community-wiki answers of a minimum length are eligible