LayerZero Proposes $110M Token Merger with Stargate Finance

TLDR LayerZero Foundation has proposed acquiring Stargate (STG) for $110 million in an all-token deal The plan would convert all STG tokens to ZRO at a fixed rate of 1 STG to 0.08634 ZRO Both tokens have seen price increases of over 20% in 24 hours following the announcement Community feedback has been mixed, with [...]

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