Stargate Finance (STG) is an omnichain-native asset bridge designed to solve the blockchain trilemma, which says that no blockchain can be decentralized, secure, and fast simultaneously. It does this by simplifying cross-chain DeFi transactions, which lets users transfer and swap their assets between different blockchains, layer-2 networks, and decentralized applications (dApps) almost instantly.

Stargate users can also move their assets between different liquidity pools on various decentralized finance (DeFi) protocols and dApps. The protocol supports transfers between eight chains: Ethereum, Avalanche, Polygon, Metis, BNB Chain, Arbitrum, Optimism and Fantom.

The platform offers several other, profit-making features: users can supply liquidity pools, stake assets, and farm tokens. When users stake their assets, they can help govern the Stargate Finance Exchange.

Stargate Finance was built by LayerZero Labs: an omnichain protocol that wants to help the biggest crypto networks interoperate.

The platform launched in March 2022 as the first cross-chain bridge app. On the same day, renowned crypto developer 0xMaki joined LayerZero’s team.

Most pre-existing cross-chain bridges use what’s called fractured liquidity, which requires separate pools for tokens that will pass over the bridge. Stargate, however, renders this requirement obsolete via a lock+mint and burn+redeem mechanism. The mechanism essentially burns the tokens at source and mints new ones on the destination blockchain, and therefore provides instant guaranteed finality and unified liquidity.

Stargate also uses an advanced cross-chain bridge mechanism, in addition to a balancing algorithm called the delta algorithm, to solve the bridging trilemma.

$STG is the native governance and utility token of Stargate Finance. The token can be staked or used to provide liquidity and participate in protocol governance. By staking $STG, token holders receive $veSTG, Stargate's voting escrow token. The protocol utilizes a time-weighted reward system that increases the amount of $veSTG earned by stakers as they lock it for longer periods.

$STG has a total supply of 1 billion tokens and a current circulating supply of around 168 million tokens as of March 2023.

Stargate Finance’s STG is available on nearly 50 centralized and decentralized exchanges. This includes Binance, Coinbase, KuCoin and Kraken. It is also available on DEX like Uniswap and PancakeSwap.

The all-time high of STG was 4.28 USD on 2022-04-02, from which the coin is now down 91.41047609070093%. The all-time high price of Stargate Finance (STG) is 4.28. The current price of STG is down 91.41047609070093% from its all-time high.

As of , there is currently 204.34M STG in circulation. STG has a maximum supply of 1.00Bn.

The current market cap of STG is 75.12M. It is calculated by multiplying the current supply of STG by its real-time market price of 0.367631623318.

The all-time low of STG was 0.101626 , from which the coin is now up 261.749575224844%. The all-time low price of Stargate Finance (STG) is 0.101626. The current price of STG is up 261.749575224844% from its all-time low.

Stargate Finance (STG) has a market capitalization of $75.12M and is ranked #658 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Stargate Finance (STG) price trends and patterns to find the best time to purchase STG.