LayerZero proposes $110M buyout of Stargate amid STG token struggle

LayerZero Foundation has put forward a proposal to acquire all circulating Stargate tokens for roughly $110 million in ZRO, aiming to consolidate control over one of the most-used cross-chain bridges in the market. The Aug. 11 proposal values Stargate (STG)…

LayerZero proposes $110M buyout of Stargate amid STG token struggle
LayerZero Foundation has put forward a proposal to acquire all circulating Stargate tokens for roughly $110 million in ZRO, aiming to consolidate control over one of the most-used cross-chain bridges in the market. The Aug. 11 proposal values Stargate (STG)…