Wu said that LayerZero tweeted that Stargate DAO has approved its acquisition of Stargate (STG). StargateDAO members voted 95% in favor of the acquisition. STG token holders will be able to convert their tokens to ZRO on the Stargate Finance platform on Monday. Previously, the LayerZero Foundation proposed to acquire the Stargate cross-chain bridge and its token STG for $110 million. The Wormhole Foundation plans to make an initial offer of at least $120 million in USDC to acquire Stargate.