Stargate Finance
Stargate Finance V1 is an Ethereum token that powers a cross-chain bridge solution built on LayerZero. Learn how it works, its use cases, history, market performance, and social …
Last updated
Stargate Finance V1 is an Ethereum token that powers a cross-chain bridge solution built on LayerZero. Learn how it works, its use cases, history, market performance, and social …
Last updated
Stargate Finance is an interoperable cross-chain liquidty protocol that enables users to transfer native assets cross-chain in a single transaction through the protocol's unified liquidity pool.
Stargate Finance is a highly composable liquidity protocol that allows for cross-chain transfers in one-click, enhancing blockchain interoperability.
The main features of Stargate Finance are instant guaranteed finality, native asset transactions and unified liquidity.
STG is the native token of Stargate Finance, with multiple use cases to create a robust ecosystem around Stargate Finance.
With the ever increasing number of blockchains, transferring liquidity across these chains have become an essential aspect to achieve interoperability (the ability of blockchains to communicate and share data). The ease of transferring liquidity across different chains allows users to interact with various decentralized applications (dApps), and increases the type of protocols that can be built with interoperability between otherwise nonconforming chains (e.g. cross chain borrowing and lending etc.). However, one of the biggest concerns currently is the difficulty in transferring native tokens from one network to another.
Enter Stargate Finance, an interoperable solution that allows users to transfer native assets cross-chain in a single transaction through the protocol’s unified liquidity pool. Having recently crossed $1 billion in monthly volume and over one million transactions in a single month, his article will dive deeper into what Stargate Finance is, its main features, how it works, the use cases, and the Stargate Finance token (STG) tokenomics.