Coindar
Stargate Finance will be hosting an AMA on Discord on April 17th at 4:00 PM UTC.
See this official tweet from STG:
STG info
Stargate Finance is an omnichain liquidity transport protocol that aims to facilitate cross-chain transfers of native assets while enabling users and dApps to access unified liquidity pools.
The operation of the Stargate Finance protocol is coordinated by several key components. The transfer component allows users to exchange native assets across chains at a 1:1 ratio and with guaranteed instant finality. The Pools component allows liquidity providers to contribute to Stargate’s Omnichain protocol and earn stablecoin rewards with every transfer across the platform. The Farms component allows Stargate liquidity providers to farm their LP tokens in exchange for STG rewards. Additionally, the Delta Algorithm is a unique resource balancing algorithm that leverages unified cross-chain liquidity to enable a new class of cross-chain bridges that trade exclusively in native assets while ensuring instant guaranteed finality.
STG is the native token of the Stargate Finance project. The main use cases for the STG token are staking and governance. STG holders can stake their tokens to receive veSTG, Stargate's governance token. This token (veSTG) can be used to vote on governance issues, with the length of the staking period having a direct impact on the voting rights the staker receives.
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