Stargate (STG) Price

Stargate is a liquidity protocol for cross-chain asset transfers; STG is its native governance and utility token. Asset transfers at the protocol level rely on liquidity pools across chains, while STG itself is mainly used for governance through locking and in scenarios related to protocol incentives. Accordingly, using Stargate to transfer an asset across chains and holding or locking STG are two different things: the former involves the asset being transferred and the corresponding on-chain transaction, while the latter involves the protocol's governance and token mechanisms.

Stargate supports cross-chain asset transfers through liquidity pools on different chains: after a user initiates a deposit or transfer on the source chain, the protocol uses funds in the corresponding pool on the destination chain to deliver the asset to the recipient, rather than requiring the recipient to wait for the same original asset to be moved to the destination chain transaction by transaction. Available liquidity in the pools is the basis of this process. Whether a cross-chain operation can be completed, the transferable amount, and the actual cost therefore depend on the selected asset, both networks, and prevailing pool and on-chain conditions; this also differs from a token swap completed solely within a single chain.

Locking STG provides veSTG; veSTG is a non-transferable governance voting-rights credential used to participate in Stargate DAO governance. It is not another freely tradable STG, but the governance right corresponding to the locking action. The purpose of holding veSTG is to vote on governance matters such as protocol upgrades, integration priorities, the treasury, and incentives. Locking STG is not the same as supplying assets to a liquidity pool: the former creates governance rights, while the latter provides available funds to cross-chain pools; they are different participation paths.

STG is the native governance and utility token; veSTG is a non-transferable governance voting-rights credential obtained after locking STG. Their most important differences are transferability and purpose: STG can be held as a token, while veSTG represents the governance rights corresponding to a locked position. Therefore, veSTG should not be understood as an ordinary tradable asset. To participate in veSTG-based governance, a user must first lock STG under the protocol mechanism; specific lock conditions and weight calculations are subject to the protocol rules applicable at that time.

After supplying assets to a Stargate liquidity pool, users receive LP tokens representing their pool share; only by depositing those LP tokens into the relevant farm can they participate in rewards under that farm's rules. In other words, providing liquidity and participating in a farm are connected but distinct steps. STG rewards do not arise unconditionally merely from holding LP tokens. Available rewards and their amounts depend on whether the pool has incentives, whether the user has completed farm participation, and the incentive arrangements applicable at that time; providing liquidity also means the funds serve cross-chain transfer demand.

Under the official conversion terms, after STG is submitted to the official conversion site, it can be converted into ZRO at the fixed ratio specified in those terms; STG submitted for conversion is permanently burned. This mechanism means that submitted STG is no longer held or transferable. Once executed, the conversion cannot be refunded or reversed, so it is not a two-way exchange that can be reversed back into STG at any time. Before initiating it, confirm the wallet, receiving information, and applicable terms; eligibility, time limits, and other operational conditions are subject to the formal terms displayed on the conversion site at that time.