Bull Halcyon
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LayerZero wants to buy Stargate
LayerZero Foundation has proposed acquiring the Stargate bridge for $110M and fully integrating it into its ecosystem.
➡️ $STG token to be phased out — holders can swap 1 $STG for 0.08634 $ZRO (valued at $0.1675 and $1.94 respectively)
➡️ Stargate DAO to be dissolved, governance moves to LayerZero Foundation
➡️ Deal requires 70% $STG holder approval after a 7-day discussion period
#Bitlayer #BTCReclaims120K #ETH4500Next? #Write2Earn
LayerZero Foundation has proposed acquiring the Stargate bridge for $110M and fully integrating it into its ecosystem.
➡️ $STG token to be phased out — holders can swap 1 $STG for 0.08634 $ZRO (valued at $0.1675 and $1.94 respectively)
➡️ Stargate DAO to be dissolved, governance moves to LayerZero Foundation
➡️ Deal requires 70% $STG holder approval after a 7-day discussion period
#Bitlayer #BTCReclaims120K #ETH4500Next? #Write2Earn
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