Stargate Finance to Hold AMA on Discord on April 17th
Stargate Finance will host an AMA on Discord on April 17th at 16:00 UTC.
Refer to the official tweet by STG:
Stargate@StargateFinanceApr 15, 2024Stargate V2 is imminent.
Join @PrimordialAA, @MaybeMaxPower and @0xLamps on our Community Call on Wednesday as they talk through the upcoming proposal for Stargate V2 for the first time.
You won't want to miss it...
Link to the Discord event here: https://t.co/Y9unMLbMH0 pic.twitter.com/5D5dlz0nZO
STG Info
Stargate Finance is an omnichain liquidity transport protocol that aims to facilitate cross-chain transfers of native assets while allowing users and dApps to access unified liquidity pools.
The functioning of the Stargate Finance protocol is orchestrated through several key components. The Transfer component allows users to swap native assets cross-chain with 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 on every transfer through the platform. The Farms component enables Stargate liquidity providers to farm their LP tokens in exchange for STG rewards. Furthermore, the Delta Algorithm is a unique resource balancing algorithm that leverages unified cross-chain liquidity to enable a new class of cross-chain bridges dealing purely in native assets while still maintaining 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, which is the governance token of Stargate. This token (veSTG) can be used for voting on governance issues, with the length of the staking period directly influencing the voting power that the staker receives.