STG

1. Project introduction

Stargate is a community-driven organization building the first fully composable native asset bridge, and the first dApp built on LayerZero.

Stargate's vision is to make cross-chain liquidity transfer a seamless, single transaction process:

(1) DeFi users can swap native assets cross-chain on Stargate within a single transaction. For example, users can swap USDC on Ethereum for USDT on BNB.

(2)Applications compose Stargate to create native cross-chain transactions at the application level. For example:

· The DEX can compose Stargate to complete single transaction cross-chain swaps (i.e. swapping AVAX with ETH in a single transaction, all within users' favorite DEX's user interface.)

· The yield aggregator can compose Stargate to deploy assets cross-chain, opening up new APY opportunities.

(3)These cross-chain swaps are supported by the community-owned Stargate unified liquidity pools.

Stargate is the first bridge to solve the bridging trilemma. Existing bridges are forced to make trade-offs on the following core bridge features:

(1) Instant Guaranteed Finality: Users & Applications can trust that when they successfully commit a transaction on the source chain, it will arrive on the destination chain.

(2) Native Assets: Users & Applications swap in native assets as opposed to wrapped assets that require additional swaps to acquire the desired asset and corresponding fees.

(3) Unified Liquidity: Shared access of a single liquidity pool across multiple chains creates deeper liquidity for users & applications that trust in the bridge's reliability.

2. Investment institution

Multicoin, Binance Labs, Sino Global Capital, Definace, Delphi Digital, etc.

3. Application and distribution

Total supply: 1 Billion

Token applicatio:

STG is the native token of Stargate protocol. Liquidity providers can also farm their LP tokens to receive STG token rewards. Users can also earn STG and become a member of the Stargate community, and STG holders can lock their STG token to receive veSTGs, Stargate’s governane token.

Token distribution:

Team: 17.5%

Investors: 17.5%

Protocol Launch: 15%

Bonding Curve: 15.95%

Initial Emissions Program: 2.11%

Bonding Curve DEXs: 1.55%

Community: 30.39%