Stargate Finance (STG) Feed: Events, News & Roadmap
Stargate Finance Events on the Chart
What is Stargate Finance?
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.