LayerZero Foundation Proposes $110M Acquisition Of Stargate And STG Token With ZRO Swap Plan
Organization responsible for managing and supporting the omnichain messaging protocol LayerZero, LayerZero Foundation, has presented a proposal to acquire the Stargate cross-chain bridge along with its STG token for an amount of $110 million. The plan outlines the deactivation of the STG token, with an option for STG holders to exchange their tokens for LayerZero’s…
