Question 1

What is Stargate Finance (STG)?

Accepted Answer

Stargate Finance (STG) is a decentralized platform positioned at the core of Omnichain Decentralized Finance (DeFi). Its native token, STG, plays a critical role in the platform's operation, while veSTG, a variant of STG, serves as the governance token for Stargate. Notably, Stargate is the first platform that addresses the bridging trilemma, providing Instant Guaranteed Finality, Native Assets, and Unified Liquidity.

Question 2

What are the Functions and Uses of STG?

Accepted Answer

Stargate Finance offers a solution for seamless cross-chain liquidity transfers. This feature allows both users and decentralized applications (dApps) to transfer native assets cross-chain while tapping into the unified liquidity pools of the protocol with immediate guaranteed finality. STG token holders can stake their tokens to receive veSTG, thereby participating in Stargate's governance.

Question 3

How is the STG Token Allocated?

Accepted Answer

The initial three-year STG token allocation is strategically divided into 17.50% each for core contributors and investors, and a substantial 65.00% for the community. This allocation is aimed at realizing the protocol's vision. The community's portion is subdivided among the launch (15%), launch auction purchasers (10%), a pool on Curve.fi (5%), a bonding curve post-launch (15.95%), an initial emissions program (2.11%), and DEXs on multiple platforms (up to 1.55%). The remaining 30.39% is reserved for future community initiatives, ensuring the long-term success of Stargate.

Question 4

Who are the Creators of Stargate Finance?

Accepted Answer

Stargate Finance was co-founded by Liat Sheba, who presently holds the position of CEO in the platform. More detailed information regarding the entire team or other co-founders is not provided.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	STG-USD STG-USD	coinbase	AA	0.1302USD	-4.96%	1,993,250.90STG	5,485	0.1370USD	0.1432USD
2	STG-USD STGUSD	kraken	AA	0.1315USD	-5.12%	752,305.50STG	2,658	0.1386USD	0.1432USD
3	STG-EUR STGEUR	kraken	AA	0.1210EUR	2.72%	1,750.00STG	8	0.1178EUR	0.1226EUR
4	STG-USD STGUSD	bitfinex	BB	0.1122USD	0.00%	0STG	0	0.1122USD	0.1122USD
5	STG-USDT STGUST	bitfinex	BB	0.1534USDT	0.00%	0STG	0	0.1534USDT	0.1534USDT
6	STG-EUR STGEUR	bit2me	B	0.1210EUR	2.72%	1,750.00STG	8	0.1178EUR	0.1226EUR
7	STG-IDR stgidr	indodax	E	2,162.00IDR	-7.61%	2,223.17STG	75	2,340.00IDR	2,564.00IDR
8	STG-USDT STGUSDT	latoken	D	0.1841USDT	0.00%	0STG	0	0.1841USDT	0.1841USDT
9	STG-KRW stg_krw	korbit	C	343.60KRW	0.00%	0STG	0	343.60KRW	343.60KRW
10	STG-BRL STG-BRL	mercadobtc	C	0.8200BRL	0.00%	0STG	0	0.8200BRL	0.8200BRL
11	STG-USDT STGUSDT	hitbtc	E	0.1204USDT	0.00%	0STG	0	0.1204USDT	0.1204USDT