Stargate (STG)
The Stargate protocol lives at the heart of omni-chain DeFi and was created on top of the LayerZero protocol, which allows the transfer of funds between several blockchains. The Stargate token (STG) offers a solution to the “bridging trilemma” and allows users and decentralized apps to transfer native assets cross-chain while accessing the protocol’s unified liquidity pools with instant guaranteed finality. STG is the first omnichain fungible token (OFT), a native token that can freely move between all chains LayerZero exists. STG holders can lock in their STG tokens to receive Stargate’s governance token, veSTG.
1. STG Basic Info
| Symbol | STG |
| Name | Stargate |
| Web Site | https://stargate.finance/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://etherscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 1000000000 |
| Available Supply | 971465000 |
| Market Cap | 208379242.5 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 1000000000 |
| Release Date | 2022-03-01 |
2. STG Technical Info
2.1 STG Kline Chart Price
2.2 STG Technical Analysis
The short-term trend is expected to be bearish, with a potential continuation of the current downward movement. The price may test the support level around 0.21.
The medium-term trend is likely to consolidate. We may see a period of sideways movement with the price fluctuating within a defined range. There could be minor price retracements, but a significant directional change is not anticipated.
The long-term trend leans towards a bearish outlook, but a substantial decline is not currently foreseen. Overall, the market may experience a gradual decrease over time.
