Stargate Finance

DeFi

LayerZero

USDC

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/what-is-stargate-finance-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">What is Stargate Finance Coin?</a><br></p>
<p style="text-align: justify">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.</p>
<h2 style="text-align: justify" id="what-is-stargate-stg-coin">What is Stargate (STG) Coin?</h2>
<p style="text-align: justify">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.</p>
<p style="text-align: justify">The Stargate token (STG) provides a solution to the “bridging trilemma,” enabling users and decentralized <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">applications</a> 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.</p>
<p style="text-align: justify">The tools offered by Stargate to its users include:</p>
<ul style="text-align: justify">
 <li>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.</li>
 <li>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.</li>
 <li>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.</li>
 <li>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.</li>
</ul>
<p style="text-align: justify">Additionally, DeFi users can swap native assets cross-chain on Stargate in a single transaction. For example, users can swap USDC on <a href="https://en.coin-turk.com/anticipation-for-crypto-etfs-continues-as-ethereum-etf-chances-diminish/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ethereum</a> for USDT on BNB.</p>
<p style="text-align: justify">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.</p>
<h2 style="text-align: justify" id="how-to-buy-stg-coin">How to Buy STG Coin?</h2>
<p style="text-align: justify">STG Coin can be quickly and securely purchased through <a href="https://accounts.binance.com/en/register?ref=M8RGDITW" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Binance</a>, the world’s largest cryptocurrency trading platform by trading volume.</p>
<p style="text-align: justify">To buy STG Coin, first register with Binance and then transfer fiat currency. After transferring fiat currency such as&nbsp; dollars, you can trade STG Coin in pairs such as Bitcoin (BTC), BUSD, and Tether (USDT).</p>
<p style="text-align: justify">Additionally, on <a href="https://accounts.binance.com/en/register?ref=M8RGDITW" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Binance</a>, users can place buy orders not only at <a href="https://finance.coin-turk.com/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">market</a> value but also at a lower value. To do this, simply use the Limit tab and enter the desired amount and price.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/what-is-stargate-finance-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">What is Stargate Finance Coin?</a></h5>
<p>The post <a href="https://en.coin-turk.com/what-is-stargate-finance-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">What is Stargate Finance Coin?</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

What is Stargate Finance Coin?

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