Gate Updates: Stargate Finance (STG) Token Swap Not Needed

According to a previous announcement by the Stargate Finance (STG) team, the Stargate Finance (STG) would be migrated to the new contract at a ratio of 1:1, based on a snapshot to be taken on March 15, 2023. For details, please refer to Gate’s announcement “Gate Supports Stargate Finance (STG) Contract Migration”. But Stargate Foundation suggested that Stargate should stop its plan to reissue the STG token. Now the proposal to unwind the reissue of STG has been approved. As required by the project team, the Stargate Finance (STG) token swap is no longer needed.

New announcements will be posted if there are any changes. Thank you for your understanding and support.

Project team announcement:
https://snapshot.org/#/stgdao.eth/proposal/0xd0e742caae098261a030feaed2f10d1a36646bdf0ac8d4a128bfb241ca87d8f5

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Gate Team
March 14, 2023