Buy Stargate Finance (STG)
What is Stargate Finance?
Stargate Finance (STG) is an omnichain-native asset bridge designed to solve the blockchain trilemma, which posits that no blockchain can simultaneously be decentralized, secure, and fast. It facilitates cross-chain DeFi transactions, allowing users to transfer and swap assets between different blockchains, layer-2 networks, and decentralized applications (dApps) almost instantly.
How does Stargate Finance work?
Stargate Finance operates using the LayerZero protocol, a technology enabling direct and decentralized communication between different blockchains. It supports a multi-chain environment, including Ethereum, BNB Chain, Avalanche, Optimism, Polygon, Arbitrum, and Fantom. The platform uses specific algorithms like the Delta algorithm to manage cross-chain liquidity pools efficiently. Smart contracts are utilised to ensure instant transaction confirmation and guaranteed asset arrival on the target chain.
What are the potential use cases for Stargate Finance?
Stargate Finance can be used for numerous applications, including cross-chain asset transfers, providing liquidity to unified pools, yield farming, and operating decentralized exchanges (DEXs). It is also involved in governance and staking. Its real-world applications are prevalent in DeFi platforms, cross-chain DEXs, and blockchain-based payment networks, catering to industries such as DeFi, blockchain, and cryptocurrency.
What is the history of Stargate Finance?
Stargate Finance was established by LayerZero Labs in March 2022. The founding team includes Bryan Pellegrino, Ryan Zarick, and Caleb Banister. Significant milestones include becoming the first cross-chain bridge app on the main net and the completion of a contract swap by Binance, which significantly impacted the STG price. The technology behind Stargate has evolved from a traditional bridging solution to a revolutionary cross-chain bridge, improving the efficiency and security of asset transfers across blockchains.
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Frequently Asked Questions (FAQs)
What is the current price of Stargate Finance (STG)?
The Stargate Finance price is $0.48070649 AUD, representing a -0.5% from the day prior.
Where is the best place to buy Stargate Finance (STG) in Australia?
The best place to buy Stargate Finance (STG) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Stargate Finance (STG) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Stargate Finance (STG)?
The trading volume of Stargate Finance (STG) is $39.5M AUD in the last 24hrs, representing a -0.5% from the day prior.
How can I buy Stargate Finance (STG)?
Stargate Finance (STG) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Stargate Finance (STG)?
The current market cap of Stargate Finance (STG) is $96.8M AUD.
Can I convert Stargate Finance (STG) to cash?
Yes - With Coinstash you can convert your Stargate Finance (STG) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Stargate Finance (STG) are there?
The current circulating supply of Stargate Finance (STG) is 204.3M.
Is Coinstash a safe place to buy Stargate Finance (STG) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Stargate Finance (STG) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.