Cryptocurrency Q&A What is STG coin used for?

What is STG coin used for?

Andrea Andrea Thu Oct 24 2024 | 6 answers 1463
STG coin, also known as Stargate Finance, serves as the native token of the Stargate protocol. It's primarily used for governance, allowing holders to lock their STG and earn veSTG, the governance token, for voting purposes. Additionally, STG enables cross-chain asset transfers and access to the protocol's unified liquidity pool, facilitating interoperability between different blockchain networks. What is STG coin used for?

6 answers

Carlo Carlo Sat Oct 26 2024
STG aims to streamline the process of cross-chain DeFi transactions.

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Maria Maria Sat Oct 26 2024
This initiative allows users to seamlessly transfer and swap their assets across different blockchains.

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Nicola Nicola Sat Oct 26 2024
Additionally, users can move their digital holdings between various layer-2 networks.

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SkylitEnchantment SkylitEnchantment Sat Oct 26 2024
STG enables instant transactions between decentralized applications (dApps).

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NavigatorEcho NavigatorEcho Fri Oct 25 2024
The platform provides users with the ability to shift their assets between different liquidity pools.

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