Stargate is a community-driven organization building the a fully composable native asset bridge, and claims to be the first dApp built on LayerZero. Stargate's vision is to make cross-chain liquidity transfer a seamless, single transaction process.
DeFi users can swap native assets cross-chain on Stargate within a single transaction. For example, users can swap USDC on Ethereum for USDT on BNB. Applications can also compose Stargate to create native cross-chain transactions at the application level. For instance, a yield aggregator can compose Stargate to deploy assets cross-chain, opening up new APY opportunities.
$STG is part of the governance system of Stargate. Users can earn $STG by adding liquidity to ERC-20 token pools supported by Stargate, which will earn them LP tokens. In exchange for adding LP tokens to a farm, users receive $STG rewards. These $STG rewards can be staked to earn $veSTG, the Stargate protocol's governance token.