Stargate is a fully composable liquidity transport protocol residing at the heart of Omnichain DeFi. With Stargate, users and dApps can instantly access the protocol’s unified liquidity pools with guaranteed finality, enabling cross-chain transfers of native assets.
What is Stargate (STG) Coin?
Stargate is a community-driven organization that created the first fully composable native asset bridge and the first dApp built on LayerZero. The vision of Stargate is to streamline cross-chain liquidity transfer into a seamless, single-transaction process.
Stargate claims to be the first bridge that solves the bridging trilemma. According to its statements, existing bridges often have to compromise on one or more of the following core bridge characteristics:
- Instant Guaranteed Finality: Users and applications can trust that when they execute a transaction on the source chain, it will reach the target chain.
- Native Assets: Users and applications transact in native assets instead of wrapped assets, which typically require additional steps to obtain the desired asset and associated fees.
- Unified Liquidity: Shared access to a single liquidity pool across multiple chains creates deeper liquidity for users and applications relying on the bridge’s security.
DeFi users can swap native assets across chains on Stargate in a single transaction. For instance, users can exchange USDC on Ethereum $3,092 for USDT on BNB. Applications build on Stargate to enable native cross-chain transactions at the application level. For example, your favorite DEX can integrate Stargate to complete single-transaction cross-chain trades. Your preferred yield source can leverage Stargate to distribute assets across chains, creating new APY opportunities. These cross-chain swaps are supported by Stargate’s community-owned unified liquidity pools.
Where to Buy STG Coin?
STG Coin can be bought and sold securely on Binance, the world’s largest cryptocurrency exchange by trading volume. STG Coin is traded on the Binance platform in STG/BTC, STG/USDT, and STG/BUSD pairs.
To purchase STG, you must first create an account on Binance. Once the account is complete, transfer cryptocurrency or fiat currency to your Binance wallet. After the transfer is complete, you can buy STG Coin in any of the three pairs mentioned above. For buying via the STG/USDT trading pair, first navigate to its interface. Enter the amount you wish to purchase in the field under the limit tab in the STG/USDT interface. After specifying the amount, complete the purchase by placing a Buy STG order.