What Is Stargate Finance?(STG) Coin Review? Guide About Stargate Finance

What Is Stargate Finance?(STG)

Stargate Finance is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. With Stargate, users & dApps can transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality. The universe is infinite with Stargate.

Stargate is a community-driven organization building the first fully composable native asset bridge, and the first dApp built on LayerZero. Stargate’s vision is to make cross-chain liquidity transfer a seamless, single transaction process.

Important Points Table Of Stargate Finance

How to Buy the Stargate Finance & Trade On Exchange?

How Is Stargate Used?

• DeFi users can swap native assets cross-chain on Stargate within a single transaction. For example, users can swap USDC on Ethereum for USDT on BNB. (Click here to learn how!)
• Applications compose Stargate to create native cross-chain transactions at the application level. For example:
  • Your favorite DEX can compose Stargate to complete single transaction cross-chain swaps (i.e. swapping AVAX with ETH in a single transaction, all within your favorite DEX’s user interface.)
  • Your favorite yield aggregator can compose Stargate to deploy assets cross-chain, opening up new APY opportunities.
• These cross-chain swaps are supported by the community-owned Stargate unified liquidity pools.

Why is Stargate Different?

Stargate Finance Coin is the first bridge to solve the bridging trilemma. Existing bridges are forced to make trade-offs on the following core bridge features:

1. 1.Instant Guaranteed Finality: Users & Applications can trust that when they successfully commit a transaction on the source chain, it will arrive on the destination chain.
2. 2.Native Assets: Users & Applications swap in native assets as opposed to wrapped assets that require additional swaps to acquire the desired asset and corresponding fees.
3. 3.Unified Liquidity: Shared access of a single liquidity pool across multiple chains creates deeper liquidity for users & applications that trust in the bridge’s reliability.

STG Token Allocation

1 billion STG have been minted at genesis and will be the entire finite supply of STG. The initial three year allocation is as follows:

• 17.50% – Stargate core contributors (1-year full lock-up, 2-year linear unlock thereafter).
• 17.50% – Investors (1-year full lock-up, 2-year linear unlock thereafter).
• 65.00% – Stargate community allocation, dedicated to fulfilling the protocol’s vision: make cross-chain liquidity transfer a seamless, single transaction process. Here’s the breakdown of the community allocation:
  • 15.00% – Stargate protocol launch.
    • 10.00% to STG launch auction purchasers.
    • 5.00% to an STG-USDC pool on Curve.fi.
  • 15.95% – Bonding Curve, post-launch.
  • 2.11% – Initial emissions program.
  • Up to 1.55% will be added to DEXs on BNB, Avalanche, Polygon, Arbitrum, Optimism & Fantom
  • The remaining 30.39% is dedicated to future community initiatives & the longterm success of Stargate.

Tokenomic Lockups

The Stargate Finance Coin allocations will unlock over specific various periods (see below).

Launch Initiatives

• Bonding Curve & DEX Liquidity: Available at the time of purchase
• Launch Auction: 1-year full lockup, 6 month linear unlock thereafter

Team & Investors

• Team & Investors: 1-year full lockup, 2 year vesting linear unlock thereafter

Stargate Protocol Tokens

• STG: Stargate Protocol Token (link to contract addresses)
• s*: Stargate liquidity provider token (link to contract addresses)
• veSTG: Stargate voting power (TBD)
• svestG: Stargate voting power for auction participants, team & investors (TBD)

Transfer

Swap 1:1 native assets cross-chain, accessing Stargate’s unified liquidity pools.

Stargate Finance Coin transfers have instant guaranteed finality; a transfer submitted on the source chain is guaranteed on the destination.

Pools

Add liquidity to Stargate’s Omnichain protocol and earn stablecoin rewards on every Stargate transfer.

Liquidity providers can also farm their LP tokens to receive STG token rewards.

Farms

Stargate liquidity providers can farm their LP tokens in exchange for STG rewards.

Earn STG and become a member of the Stargate community.

Stake

Stargate Finance Coin holders can lock their STG tokens to receive veSTG, Stargate’s governance token.

The longer users stake their STG tokens, the more veSTG they will receive.

Initial Emissions Program

The Stargate protocol’s initial emissions program emits 2.11% of the total STG supply to incentivize liquidity provisioning. The program term is approximately three months.​For further details see the LP Staking Contract.

Note the block rate for each pool is determined by stargatePerBlock (STG amount emitted per block, per chain) and allocPoint (STG allocation per block, per pool on the given chain).