💥 LayerZero acquires StarGate, strengthening dominance in cross-chain



📈 The LayerZero protocol team announced the acquisition of StarGate Finance for $120 million. 94% of StarGate DAO participants voted in favor of the LayerZero proposal.

⭐️ Now ZRO will become the sole token of these projects, and STG tokens will be exchanged for ZRO at a ratio of 1 STG to 0.08634 ZRO.

The deal will strengthen LayerZero's dominance in the blockchain interoperability segment, where according to Token Terminal, the company already controlled about 85% of the market share.
ZRO-4.26%
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