Stargate Finance

DeFi

ERC20

Time

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Stargate Finance (STG) is up by 72% today.</li> 
 <li>The team behind the project announced Stargate V2, DeFi’s cheapest bridge is live.</li> 
</ul> 
<p>Stargate Finance (STG) is up by 72% today and the token is trading at $0.85.</p> 
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<p>The total market cap of the token is over $175 million at the moment of writing this article.</p> 
<p>Via their X account, the team behind the project<a href="https://x.com/StargateFinance/status/1795822389349204347" rel="nofollow" target="_blank"> announced</a> Stargate V2 and “DeFi’s cheapest bridge” is now live.</p> 
<p>On May 28, the team at Stargate Finance announced Stargate V2 Pools and Incentives that went official live. Users were able to deposit their liquidity into V2 pools.</p> 
<p>They were also announcing the 24-hour countdown to DeFi’s cheapest and most interoperable bridge.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> Stargate V2 Pools &amp; Incentives are officially live <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>Users can now deposit their liquidity into V2 Pools at: <a href="https://t.co/nUXa6ZhnIu" rel="nofollow" target="_blank">https://t.co/nUXa6ZhnIu</a></p> 
 <p>The 24-hour countdown to DeFi’s cheapest, and most interoperable, bridge starts now <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f550.png" alt="🕐" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>— Stargate (@StargateFinance) <a href="https://twitter.com/StargateFinance/status/1795425535973306599?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 28, 2024</a></p>
</blockquote> 
<p>On the same day, the team behind the project also <a href="https://x.com/StargateFinance/status/1795425578881016205" rel="nofollow" target="_blank">announced</a> that Stargate V1 was operating normally, immutable, and permissionlessly on 12 chains. They also noted that incentives were slowly being wound down as per mandate.</p> 
<p>They also revealed <a href="https://stargateprotocol.gitbook.io/stargate/developers/v2-supported-networks-and-assets" rel="nofollow noopener" target="_blank">Supported Networks and Assets</a> – a page that = is a consolidated list of all the underlying ERC20 contract addresses that are used within Stargate’s Pool.</p> 
<h2 id="what-is-stargate-finance">What is Stargate Finance?</h2> 
<p>Stargate Finance (STG) is an omnichain-native asset bridge that was designed to solve the blockchain trilemma, which said that no blockchain could be decentralized, secure, and fast simultaneously.</p> 
<p>It does this by simplifying cross-chain DeFi transactions that allow users to transfer and swap their assets between various blockchains, layer 2 networks, and dApps almost instantly.</p> 
<p>Stargate users can also move their assets between different liquidity pools on various DeFi protocols and dApps.</p> 
<p>The protocol supports transfers between eight chains: Ethereum, Avalanche, Polygon, Metis, BNB Chain, Arbitrum, Optimism, and Fantom.</p> 
<p>The platform also offers other features for profit:</p> 
<ul> 
 <li>supplying liquidity pools</li> 
 <li>staking assets</li> 
 <li>farming tokens</li> 
</ul> 
<p>The project’s token <a href="https://crypto.ro/en/predictions/stargate-finance-stg-price-prediction/">STG</a> is available on centralized and decentralized exchanges.</p>

Why Stargate Finance (STG) Is Up By 72% Today

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