【LayerZero's $110 million acquisition proposal for Stargate has been approved】Golden Finance reports that LayerZero has officially announced that the Stargate DAO has approved its acquisition of Stargate (STG). Stargate DAO members voted 95% in favor of the acquisition, and STG holders will be able to convert their tokens to ZRO on Monday. On August 11, the LayerZero Foundation proposed the acquisition of the Stargate cross-chain bridge and its STG tokens for $110 million. According to the terms of the proposal, STG tokens will be deactivated, and STG holders can exchange their tokens for LayerZero's native token ZRO at a ratio of 1 STG to 0.08634 ZRO, equivalent to each STG being valued at $0.1675 and each ZRO at $1.94.

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