Stargate is a decentralized composable native asset bridge on LayerZero, a blockchain for omnichain interoperability. Its vision is to create a system where cross-chain transfer can be as easy as one single transaction. The cutting-edge technology of Stargate promises instant finality, cross-chain swapping of native assets instead of wrapped assets, and shared liquidity across multiple chains.
Stargate has 4 features as follows:
- Transfer is the main feature of Stargate. This is where native assets can be transferred cross-chain with 0.06% transfer fee and a pool rebalancing fee. The pool balancing fee is calculated based on how different the source and destination pools are. STG token transfer does not incur fee.
- Pool is where liquidity is added to yield various kinds of rewards.
- Farm is where LP tokens are staked to generate STG rewards.
- Stake is where STG token can be staked to receive the vote-escrowed veSTG governance token.
There are 1,000,000,000 STG tokens in total supply, 155,316,793 of which are in circulation.
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