LayerZero Acquires Stargate: A Major Shift in Ecosystem Integration

LayerZero announced a significant acquisition of $110 million to acquire Stargate Bridge, marking a major turning point in the blockchain ecosystem. The deal will result in the dissolution of the Stargate DAO and the exchange of STG tokens for ZRO at a fixed ratio, aligning operations under the LayerZero Foundation. 💰 📚 This acquisition aims to streamline integration within the LayerZero ecosystem, potentially affecting both STG and ZRO token holders. 🌐