Stargate Finance is a cross-chain bridge utilizing a unified liquidity pool model. STG is the native governance token that can be staked to earn protocol revenue.
What is Stargate (STG) Coin?
The Stargate protocol is part of multi-chain DeFi systems and is built on top of the LayerZero protocol, which allows for the transfer of funds across multiple blockchains.
The Stargate token (STG) provides a solution to the “bridging trilemma,” enabling users and decentralized applications to transfer native assets cross-chain with instant guaranteed finality by accessing the protocol’s unified liquidity pools. STG is the first multi-chain omnichain fungible token (OFT) that can freely move between all existing LayerZero chains. STG holders can lock their STG tokens to receive veSTG, Stargate’s governance token.
The tools offered by Stargate to its users include:
- Transfer: Access Stargate’s unified liquidity pools to swap native assets cross-chain 1:1. Stargate transfers have instant guaranteed finality; a transfer initiated on the source chain is guaranteed to complete on the target.
- Pools: Add liquidity to Stargate’s Omnichain protocol and earn stablecoin rewards with every Stargate transfer. Liquidity providers can also farm their LP tokens to earn STG token rewards.
- Farms: Stargate liquidity providers can farm their LP tokens to earn STG rewards, allowing them to gain STG and become part of the Stargate community.
- Stake: STG holders can lock their STG tokens to receive veSTG, Stargate’s governance token. The longer users stake their STG tokens, the more veSTG they receive.
Additionally, DeFi users can swap native assets cross-chain on Stargate in a single transaction. For example, users can swap USDC on Ethereum for USDT on BNB.
Applications build on Stargate to create application-level native cross-chain transactions. For instance, your favorite DEX can integrate Stargate to complete single-transaction cross-chain swaps, allowing you to swap AVAX for ETH in a single transaction within your favorite DEX’s user interface.
How to Buy STG Coin?
STG Coin can be quickly and securely purchased through Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy STG Coin, first register with Binance and then transfer fiat currency. After transferring fiat currency such as dollars, you can trade STG Coin in pairs such as Bitcoin (BTC), BUSD, and Tether (USDT).
Additionally, on Binance, users can place buy orders not only at market value but also at a lower value. To do this, simply use the Limit tab and enter the desired amount and price.
