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Stargate Finance Price

(STG)

$0.1403
0.00%(8h)

1m5m15m1h8h1d1W
Stargate Finance (STG) Live Price Chart

    Stargate Finance Live Price Data

    The live price of Stargate Finance is 0.1403, with a total trading volume of -- in the last 24 hours. The price of Stargate Finance changed by +3.01% in the past day, and its value has decreased by -9.36% over the last week. With a circulating supply of 140,911,697 STG, the market cap of Stargate Finance is currently 0 , marking a +3.01% increase today. Stargate Finance currently ranks #707 in market cap.

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    Note: This data is for reference only.
    pk

    STG(STG) Profile

    altRank707
    rateBB
    Expand
    $0.1356
    $0.1432

    ATH
    $4.28384448
    Price Change (1h)
    -1.12%
    Price Change (24h)
    +3.01%
    Price Change (7d)
    -9.36%
    Market Cap
    24h Volume
    Circulating Supply
    140,911,697
    Max Supply
    1B

    About Stargate Finance

    • What is Stargate Finance (STG)?

      Stargate Finance is a decentralized asset tokenization platform that aims to make investing in assets easier, more accessible, and more transparent for investors worldwide. It is a fully composable liquidity transport protocol that can be used to perform cross-chain token swaps through unified liquidity pools for instant guaranteed finality.

      Powering the Omnichain DeFi protocol, the Stargate composable native asset bridge supports a 1:1 swap between native assets of multiple blockchain networks on its infrastructure. The instant guaranteed finality feature provides complete assurance to users and dApps accessing Stargate’s token swap services.

      In addition to offering a convenient way to swap tokens across multiple blockchains, Stargate Finance also offers a lucrative way to grow your crypto portfolio through its liquidity pools, yield farming, and staking features. You can use the platform to lend liquidity to pools for rewards.

      The STG token is an ERC-20 standard token utilized by the Stargate platform to pay for services, such as tokenizing assets, executing smart contracts, and auditing funds. The STG crypto also functions as a medium of exchange for fund investors and token holders. STG also plays a vital role in the ecosystem, as it is required for investors to invest in assets, receive fund distributions, and redeem investments.

    • How Does Stargate Finance Work?

      The company works to solve two core problems inherent in the current financial model: a lack of transparency in the asset selection process and a lack of liquidity for investors holding illiquid assets. With the help of AI-driven systems, asset tokenization, and blockchain technology, Stargate Finance lets investors easily and instantly invest in assets worldwide, regardless of their location.

      Liquidity providers can lend liquidity to the pools on the platform in exchange for LP tokens. These LP tokens can then be farmed to generate rewards in the form of the native STG token.

      Each STG token holder is eligible to become a member of the Stargate community. Staking STG tokens and locking them up can allow them to receive veSTG, the governance token of the platform. With this, they can participate in the Stargate DAO and vote on proposals that can drive the platform’s future direction.

      The Stargate Finance bridge solves the bridging trilemma of instant guaranteed finality, unified liquidity, and support for native assets with true composability. This lets users perform wrapping, swapping, and bridging of native assets all in one single transaction.

      Stargate protocol's unified liquidity pools can be used by multichain DeFi applications to offer a unified experience without compromising user experience or depending on synthetic assets. The Stargate Finance dApp has been designed on top of LayerZero. This omnichain interoperability protocol is a messaging transport layer for smart contracts to communicate across different blockchain ecosystems.

    • When Was Stargate Finance Launched?

      The CEO at Stargate Finance, Franz Wohlfahrt, has a history in asset management and has held leadership roles at various funds and investment companies. Franz is accompanied by several other team members with impressive resumes and experience in their respective fields. The company is headquartered in Liechtenstein and has offices in Germany, Switzerland, and the United Kingdom.

      The Stargate Finance bridge on LayerZero was launched on 17 March 2022, when its STG token went live. As of August 2022, it supports token swaps across seven blockchain networks - Ethereum, BNB Chain, Avalanche, Matic, Arbitrum, Optimism, and Fantom.

      10% of the total supply of STG tokens, at 100 million, were put up for public auction at the launch event. The team raised $25 million worth of funding in this round, after which 100 million STG was frozen for one year, followed by six months for linear unlocking for participants in the auction.

      Since its launch, as of August 2022, the total value locked (TVL) has risen to over $439 million. Its stablecoin liquidity pools across the supported blockchains offer APYs ranging from above 3.50% to more than 6.75%.

    FAQ

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    • How to Stake Stargate Finance (STG) Crypto

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