LayerZero, that sly architect of blockchain ballet, has consummated its union with Stargate Finance in a $120 million tango of tokens, all paid in ZRO-a currency so native, it’s practically a family heirloom.
On the 24th of August, the LayerZero Foundation, with the solemnity of a Victorian courtship, declared the merger: two titans of the crypto cosmos now share a governance bed and a token framework, like mismatched socks in a sock drawer.
Stargate DAO Members Vote 94% in Favor of LayerZero Acquisition
The Stargate DAO, that digital jury of the people, rendered its verdict with 94% approval-a turnout so robust, it could’ve filled a stadium… if stadiums were made of veSTG tokens. Over 15,000 members cast 7.5 million votes, each one a tiny digital finger wagging at the chaos of decentralization.
This triumph dissolves Stargate’s DAO into a puddle of nostalgia, while STG tokens migrate to ZRO at the rate of 1 STG = 0.08634 ZRO. A fixed rate, yes, but nothing feels fixed in crypto-least of all your blood pressure during a token conversion.
The Stargate DAO has approved our acquisition of Stargate (STG).
Four years we’ve spent building rails to reinvent value’s waltz. Today, we turbocharge our network effects with the subtlety of a sledgehammer.
LayerZero is better money technology. Stargate is the interface for value transfer.
– LayerZero (@LayerZero_Core) August 24, 2025
LayerZero promises to allocate 50% of Stargate’s top-line revenue to holders for six months-a kindness akin to finding a $20 bill in your couch cushions. The remaining 50% will fund a buyback program, a digital diet plan for ZRO’s circulating supply.
But after six months, all excess revenue will be redirected to buybacks, a financial cleanse so drastic, even your avocado toast would be jealous.
Meanwhile, Stargate’s bridge remains operational, a lifeline for cross-chain transfers, because nothing says “trust us” like promising no disruption… while everyone’s watching the rug pull.
LayerZero claims this integration will expand Stargate’s offerings beyond bridging and stablecoin liquidity into swaps, vaults, and other financial infrastructure. A metamorphosis, perhaps? Or just a rebranding of chaos.
Stargate, since 2021, has been the Usain Bolt of cross-chain liquidity, processing $70 billion across 50 blockchains before becoming a DAO. Now, its reabsorption into LayerZero marks a first in the nine-figure acquisition realm-proof that even decentralized orgies can be tamed.
LayerZero’s co-founder, Bryan Pellegrino, called the deal a “natural extension” of their roadmap. A roadmap that, let’s be honest, is just a fancy name for a spreadsheet with too many columns.
He declared Stargate will serve as both a user access point and a revenue-producing asset. A dual role, like a Swiss Army knife that also tells jokes. It’ll also help LayerZero speed up value transfers across blockchains-a feat as thrilling as watching paint dry… but with more gas fees.
BeInCrypto data shows ZRO and STG briefly spiked after the announcement, only to retreat like startled rabbits. A 4.7% and 4.9% gain, respectively, before the market shrugged and said, “Not today, Satan.”
This fleeting rally underscored the market’s fleeting confidence in the merged platform’s interoperability ambitions-a confidence as sturdy as a house of cards in a hurricane. Still, crypto’s volatility is just the industry’s way of saying, “Let’s all panic together.”
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2025-08-24 14:37