Stargate has announced the termination of the STG staking feature. veSTG holders will share 50% of the protocol revenue, with the remaining 50% allocated to ZRO buyback.

By: theblockbeats.news|2025/08/26 10:02:19

BlockBeats News, August 26th. According to an official announcement from Stargate, the LayerZero Foundation has officially completed the full acquisition of Stargate (STG), including the protocol, token, and treasury. After the acquisition, the STG token will be exchangeable for LayerZero's native token ZRO at a fixed rate (1 STG = 0.08634 ZRO), and the exchange window will remain open indefinitely.

Furthermore, the StargateDAO will be dissolved, the STG staking function will be terminated, but previously locked STG will automatically unlock, and users can exchange them for ZRO at any time. Additionally, all veSTG holders who locked their tokens before August 10th will share 50% of the Stargate protocol's revenue over the next six months, with the other 50% being used for ZRO buybacks.

Previously, the Stargate DAO had approved LayerZero's acquisition of Stargate (STG).

-- Price

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.