Stargate Finance (STG) Is Merging Into LayerZero (ZRO): What You Need to Know
Stargate Finance (STG) is being merged into LayerZero (ZRO), and Mudrex will support this transition for eligible users. If you hold STG on Mudrex, you do not need to take any action. Eligible STG holdings will be automatically converted to ZRO based on the announced conversion ratio. Here’s everything you need to know about the merger, including the timeline, conversion ratio, and what happens to your portfolio during the transition. What Is Changing? As part of the merger, Stargate Finance (STG) will transition to LayerZero (ZRO). Mudrex will automatically convert eligible STG holdings into ZRO at the following ratio: 1 STG = 0.08634 ZRO You do not need to manually convert, transfer, or sell your STG. Mudrex will handle the conversion for eligible holdings. Key Dates to Know Event Date STG trading suspended on Mudrex 5 October 2026 STG to ZRO conversion During the merger period ZRO credited to eligible users On or before 11 October 2026 The exact timing of the conversion may vary during the merger period. What Happens If You Hold STG? If you hold eligible STG on Mudrex, your balance will be automatically converted to ZRO using the 1 STG = 0.08634 ZRO conversion ratio. During the merger period, your STG balance may temporarily not appear in your portfolio while the conversion is being processed. This does not mean that your eligible STG holdings have been lost. Rest assured, your funds are safe. Your corresponding ZRO balance will be credited to your Mudrex account on or before 11 October 2026. Example If you hold 1,000 STG, the conversion will be calculated as: 1,000 STG × 0.08634 = 86.34 ZRO The actual ZRO credited to your account will depend on your eligible STG balance at the time of the conversion. What Happens to ZRO Trading?
Key Takeaways
- Stargate Finance (STG) is being merged into LayerZero (ZRO), and Mudrex will support this transition for eligible users.
- If you hold STG on Mudrex, you do not need to take any action.
- Eligible STG holdings will be automatically converted to ZRO based on the announced conversion ratio.
Summary generated by IndiCrypto from Mudrex. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin Giant Strategy’s STRC Hits $100 for First Time Since May After Daily Dividend Shift
Strategy’s STRC preferred shares reached the $100 mark on Wednesday for the first time since May, marking a significant milestone for the bitcoin treasury company just days after it began paying daily dividends to shareholders. The stock touched $100 during…
Bitcoin miners’ daily revenue per unit of computing power falls 8.7%
Nearly flat implied network growth offers limited relief when hedges still leave miners exposed to costs and delivery. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Bitcoin Rebounds After Democratic Midterm Sweep, But Crypto Faces Tougher Fight in Washington
Bitcoin bounced back after Democrats won control of Congress, but a stalled market structure bill and heavy industry campaign spending reveal crypto’s exposure to shifting US political power.