❇️ I'm sure most people already think that Stargate belongs to Layerzero 😅 but that's not the case.

• According to today's announcement, the #LayerZero Foundation has offered to buy Stargate and the $STG tokens for $110 million. If this proposal is realized, there will be only one token. So, STG will be terminated with a 1:0.08634 swap with ZRO tokens.

• I see this development as quite bullish for ZRO. With this offer, the two tokens will be merged into a single token (ZRO), and all future revenues will be transferred to the $ZRO buyback program.

▪️ So, having a single token makes a lot of sense. The inflation of the ZRO token was already problematic, so this kind of bullish development is a good thing. Already, with this news, the $zro price has risen to 2.40, but I think these prices are still cheap for such a project 🤔