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Simply Explained: Stargate (STG)

March 28, 2023
March 28, 2023

Stargate Finance is a cross-chain solution that enables seamless interoperability between different blockchains. 

The platform’s vision “is to make cross-chain liquidity transfer a seamless, single transaction process.”

Let’s dive in!

First, what is cross-chain interoperability?

Put simply, cross-chain interoperability in crypto refers to the ability of different blockchains to communicate and exchange information/assets.

Right now, the crypto space is fragmented. There are lots of blockchains out there, but very few can interact or communicate with one another. 

Imagine you had an iPhone but couldn’t call someone that had a Samsung. This is an example of a lack of interoperability. So interoperability is when two (or more) different products or systems can interact and operate with each other. Read more here.

Cross-chain solutions like Stargate aim to solve the interoperability problem. 

How does Stargate work?

Stargate Finance is a cross-chain solution that allows users and dApps to transfer assets across different blockchains using its bridge. Every non-$STG (Stargate’s native token) transfer has a 0.06% fee. 

Users can also access Stargate’s liquidity pools for decentralised lending and borrowing. 


$STG powers the Stargate Finance ecosystem. 

Users can earn rewards by adding liquidity to Stargate’s pools, earn $STG rewards by allocating their Liquidity Provider tokens to a Stargate farm, and lock $STG tokens to receive Stargate’s governance token, veSTG.

veSTG allows holders to participate in Stargate DAO governance. The longer the tokens are staked, the more veSTG the holder receives. Stargate uses time-weighted voting to give long-term $STG holders greater control over Stargate’s governance. 


1 billion $STG were minted at genesis, this number won’t increase. The 3-year allocation is as follows:

  • 17.5% to core contributors 
  • 17.5% to investors
  • 65% to community (including protocol launch, bonding curve, initial emissions, bonding curve DEXs)

What is Stargate DAO?

Stargate DAO (Decentralised Autonomous Organisation) is designed to ensure the decentralisation and autonomy of the Stargate protocol. The DAO determines protocol development, tokenomics, integrations and distribution of emissions. 

How to buy $STG

$STG is available on Binance. 

Disclaimer: Not financial or investment advice. Any capital-related decisions you make are your responsibility and yours only.


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