• Sun. Oct 5th, 2025

GeckoPulse: Stargate Returns to the Fold?



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A Merger Beyond Chains

The LayerZero Foundation has submitted a proposal to acquire the Stargate platform, and its native STG tokens, for approximately $110M.

The acquisition is intended to foster further growth of LayerZero and Stargate while providing Stargate with the necessary tools to expand beyond bridging services.

As per the proposal, the Foundation will offer to purchase STG tokens for $0.1675, beyond its underlying backing of $0.1444 as of July.

The Stargate DAO and the STG token will become defunct, and holders will be able to swap their STG for LayerZero’s native ZRO token at a rate of 1 STG to 0.086 ZRO.

Additionally, future revenue generated by Stargate will be utilized for ZRO buybacks.

The proposal is now open to discussion for the week and will be open for a 3-day voting period on the Snapshot platform.

Since the proposal was announced, both STG and ZRO have risen by 20.2% and 27.9%, respectively.

Trump Reraises

Trump-backed DeFi project World Liberty Financial plans to raise an additional $1.5B to set up a WLFI treasury company.

According to a Bloomberg report, the proposed firm will be publicly traded and hold World Liberty’s WLFI tokens in its corporate treasury.

According to several sources, the fundraising terms are still being finalized.

Interestingly, World Liberty already holds various popular crypto assets and Defi tokens in its treasury, including ETH, ONDO, and MNT.

Although WLFI is not transferable, the token has been sold for as high as $0.29 on pre-markets, reflecting an FDV of $29B. 

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