Binance will support the Stargate Finance (STG) token merge to LayerZero (ZRO).
Tech & Launches ·
Binance announced it will support the conversion of Stargate Finance (STG) tokens to LayerZero (ZRO) tokens as part of a planned token merger. The exchange provided details on how the transition will be handled for users holding STG on its platform.
The merge represents a consolidation between Stargate Finance and LayerZero, two projects operating in the cross-chain settlement space. Binance's support ensures that holders of STG on the exchange will be able to participate in the token conversion without having to move their assets to external wallets or alternative platforms.
The specific mechanics of the conversion, including the exchange ratio and exact timing, remain to be detailed in further announcements from either Binance or the projects themselves.