Stargate Finance
STG
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Stargate Finance (STG) is an omnichain cross-chain liquidity bridge operating on LayerZero. While the underlying bridge protocol continues to process substantial cross-chain volume with solid contract audits (OtterSec, Zellic) and active technical maintenance, the STG token itself is undergoing a managed wind-down. Following the LayerZero Foundation acquisition in August 2025, STG's independent utility, governance, and protocol fee-sharing were retired, and the token was converted into a fixed-rate claim on ZRO (1 STG = 0.08634 ZRO). Protocol fees have been redirected away from STG to ZRO buybacks, the community Discourse forum was closed in August 2025, and STG trades roughly 96% below its all-time high. Because STG has functionally been deprecated and converted into a claim on ZRO, it warrants an Avoid recommendation under the deprecated token rule.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Stargate Finance (STG)
Stargate Finance (STG) is a cross-chain liquidity protocol token that has been functionally deprecated and placed into a managed wind-down following its acquisition by the LayerZero Foundation in August 2025. Built on the LayerZero messaging protocol, Stargate originally operated as an omnichain bridge enabling native-asset cross-chain transfers with an on-chain voting escrow governance model (veSTG). Following the acquisition, the token's governance and protocol fee-sharing mechanisms were retired, and STG was converted into a fixed-rate claim on LayerZero's ZRO token at a ratio of 1 STG to 0.08634 ZRO.
While the underlying bridge infrastructure continues to process cross-chain transactions with security audits conducted by OtterSec, Zellic, and ExVul Security alongside an Immunefi bug bounty, protocol fees have been redirected toward ZRO buybacks rather than STG value accrual. Community engagement has largely ceased, highlighted by the closure of the official Stargate Discourse governance forum in August 2025 and a stagnant governance proposal pipeline.
The project has also experienced notable security-adjacent and market challenges. In February 2023, compromised wallets belonging to Alameda Research, which held approximately 10% of the token supply, prompted a governance-approved full token reissue executed on March 15, 2023. Additionally, the project's core team remains anonymous and undocumented in public sources, and the STG token has suffered an unrecovered price drawdown of roughly 96% from its all-time high of $4.28.