[Crypto projects](https://revain.org/projects/) › Stargate

# Stargate (STG): how it works, supply and reviews

## Status update

- **Now part of LayerZero**: After a 2025 Stargate DAO vote on the LayerZero Foundation's proposal, Stargate is operated under the LayerZero Foundation and the Stargate DAO was dissolved. [source ↗](https://stargate.discourse.group/t/layerzero-foundation-acquisition-of-stargate-stg/682)
- **STG conversion**: STG staking has ended; STG converts to ZRO at a fixed 1 STG : 0.08634 ZRO, and the Stargate site says conversion ends on 15 December 2026. [source ↗](https://stargate.finance/stake)

As of 1 November 2026, from the company’s own announcements unless stated otherwise.

## In short

- **Type**: Crosschain liquidity protocol on LayerZero V2 with unified pools for native USDC, USDT and ETH.
- **Maximum supply**: 1 billion STG minted at genesis, the entire finite supply.
- **Risks and caveats**: STG has no role in Stargate's operations after the acquisition; conversion to ZRO closes on 15 December 2026 and redeemed STG is destroyed.
- **Checked**: 1 November 2026

## On-chain stablecoin data

- **Stablecoins held in its contracts (floor)**: At least US$54.92 m, read on 24 of its 24 contracts on 1 November 2026
- **Stablecoin flows, 7 days (25 October 2026 – 31 October 2026)**: Locked US$44.74 m, released US$43.24 m, net +US$1.50 m

On-chain measurement by Stablecoin Scanner (ACHIVX), not a reserve or solvency claim. As of 31 October 2026. For a bridge the scanner counts a lock as inflow and a release as outflow; its set is the contracts named by the bridge’s own deployment list or L2BEAT. [scanner page ↗](https://stablescan.achivx.com/entity/stargate)

## Key facts

- **Ticker**: STG
- **Official site**: [stargate.finance](https://stargate.finance/)

Key facts checked on 1 November 2026 against official sources.

## What is Stargate

Stargate is a crosschain liquidity protocol built on LayerZero. It holds native-asset pools (USDC, USDT, ETH) on core chains and mints backed OFT representations on newer chains, and its stargate.finance frontend also bridges other LayerZero OFT tokens.

## Network and consensus

| Parameter | Details |
|---|---|
| Type | Crosschain liquidity protocol on LayerZero V2 with unified pools for native USDC, USDT and ETH. |
| Pools and Hydra | StargatePool holds native assets on core chains; StargateOFT mints backed representations (e.g. USDC.e) on newer 'Hydra' chains. |
| Runs on | Stargate protocol contracts are EVM-only on LayerZero V2; the frontend also bridges OFTs to non-EVM chains. |
| Finality | Stargate settles a transfer on the source chain immediately via credit allocation ('Instant Guaranteed Finality'). |
| Credit rebalancing | Stargate V2 rebalances credits automatically through its AI Planning Module (V1 had static credits). |
| Launched | Launch date 17 March 2022. |

## Supply and issuance

| Parameter | Details |
|---|---|
| Maximum supply | 1 billion STG minted at genesis, the entire finite supply. |
| Initial distribution | 17.5% core contributors, 17.5% investors, 65% community allocation (initial three-year plan). |
| STG conversion | STG staking has ended; STG converts to ZRO at a fixed 1 STG : 0.08634 ZRO, and conversion ends on 15 December 2026. |
| Redeemed STG | STG submitted for conversion is destroyed by the redemption contract. |

## What STG is used for

- STG was Stargate's governance token: STG locked as veSTG gave voting power over protocol, integration, tokenomics and emissions decisions.
- Under the approved LayerZero proposal, STG no longer has any role in Stargate's operations and is redeemable for ZRO.

## Who develops and governs Stargate

- **Legal entity**: stargate.finance is provided by the Stargate Foundation with affiliates including the ZRO Association (dba ZRO Foundation); terms under Cayman Islands law.
- **Acquisition**: In August 2025 the LayerZero Foundation proposed acquiring the Stargate token: STG swapped for ZRO and the Stargate DAO dissolved.
- **Operator after acquisition**: Under the proposal the LayerZero Foundation assumes ownership and operation of all Stargate Finance duties.
- **Governance**: The redemption terms state the conversion was approved by an on-chain vote of the Stargate DAO.
- **Revenue**: Under the proposal, future excess Stargate revenue goes to ZRO buybacks.
- **Built on**: Stargate describes itself as the first dApp built on LayerZero.

## History

| Date | Event |
|---|---|
| 17 March 2022 | Stargate launched, with a launch auction to bootstrap an STG-USDC pool on Ethereum. |
| 10 August 2025 | The LayerZero Foundation proposed acquiring the Stargate token for ZRO and dissolving the Stargate DAO. |
| 23 August 2025 | The STG-to-ZRO Terms of Conversion and Use carry the date 23 August 2025. |

## Security and audits

- Stargate's bug bounty runs on Immunefi.

## Security incidents

Incidents are reported by third parties (press, incident databases) but are not confirmed in the company’s own channels, so none is listed here.

## Official STG contracts

| Network | Contract address |
|---|---|
| Ethereum | [0xAf5191B0De278C7286d6C7CC6ab6BB8A73bA2Cd6](https://etherscan.io/token/0xAf5191B0De278C7286d6C7CC6ab6BB8A73bA2Cd6) |

StargateToken.sol on Ethereum per Stargate's mainnet contract list. STG must be on Ethereum to convert to ZRO; conversion ends 15 December 2026.

## Risks and caveats

- STG has no role in Stargate's operations after the acquisition; conversion to ZRO closes on 15 December 2026 and redeemed STG is destroyed.
- Stargate depends on LayerZero V2 messaging for transfers.
- On newer Hydra chains, Stargate assets are OFT representations (e.g. USDC.e) backed by pools on core chains, not natively issued tokens.
- Redemptions are final and irreversible under the redemption terms.

## Official links

- Website: [stargate.finance](https://stargate.finance/)
- Docs: [docs.layerzero.network/v2/concepts/applications/stargate-finance](https://docs.layerzero.network/v2/concepts/applications/stargate-finance)
- Docs: [stargateprotocol.gitbook.io/stargate](https://stargateprotocol.gitbook.io/stargate)
- Source code: [github.com/stargate-protocol](https://github.com/stargate-protocol)
- Governance forum: [stargate.discourse.group](https://stargate.discourse.group/)
- Blog: [medium.com/stargate-official](https://medium.com/stargate-official)
- Block explorer: [etherscan.io/token/0xAf5191B0De278C7286d6C7CC6ab6BB8A73bA2Cd6](https://etherscan.io/token/0xAf5191B0De278C7286d6C7CC6ab6BB8A73bA2Cd6)

## Questions and answers

**What is Stargate?**

Stargate is a crosschain liquidity protocol built on LayerZero V2, with unified pools for native USDC, USDT and ETH.

**Who runs Stargate now?**

After a 2025 Stargate DAO vote, the LayerZero Foundation took over Stargate; stargate.finance is provided by the Stargate Foundation and the ZRO Association.

**What happens to STG?**

STG staking has ended; STG converts to ZRO at 1 STG : 0.08634 ZRO until 15 December 2026.

**When did Stargate launch?**

Stargate's launch date was 17 March 2022.

**What is the STG contract address?**

STG on Ethereum is 0xAf5191B0De278C7286d6C7CC6ab6BB8A73bA2Cd6 (StargateToken.sol).

## Sources

- [Stargate - Home](https://stargate.finance/)
- [Stargate - Terms of Use](https://stargate.finance/terms)
- [Stargate - Convert STG to ZRO](https://stargate.finance/stake)
- [Stargate - Terms of Conversion and Use](https://stargate.finance/redemptionterms)
- [LayerZero docs - Stargate Finance](https://docs.layerzero.network/v2/concepts/applications/stargate-finance)
- [Stargate forum - LayerZero Foundation acquisition of Stargate (2025-08-10)](https://stargate.discourse.group/t/layerzero-foundation-acquisition-of-stargate-stg/682)
- [Stargate docs - Introduction](https://stargateprotocol.gitbook.io/stargate/user-docs/introduction)
- [Stargate docs - Launch](https://stargateprotocol.gitbook.io/stargate/user-docs/tokenomics/launch)
- [Stargate docs - Allocations & lockups](https://stargateprotocol.gitbook.io/stargate/user-docs/tokenomics/allocations-and-lockups)
- [Stargate docs - Governance model](https://stargateprotocol.gitbook.io/stargate/user-docs/governance/governance-model)
- [Stargate docs - Mainnet contracts](https://stargateprotocol.gitbook.io/stargate/developers/contract-addresses/mainnet)
- [Stargate docs - Bug bounty](https://stargateprotocol.gitbook.io/stargate/bug-bounty/bug-bounty-program)
- [Etherscan - STG token](https://etherscan.io/token/0xAf5191B0De278C7286d6C7CC6ab6BB8A73bA2Cd6)

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Page updated: 2026-11-01

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Source: https://revain.org/projects/stargate/
