Ethena Labs Expands to Swellchain via LayerZero
Ethena Labs Expands to Swellchain via LayerZero
🌉 Ethena's Next Big Move
Ethena Labs continues its multi-chain expansion by integrating with Swellchain, Swell Network's restaking chain. Key developments:
- USDe, sUSDe, and ENA tokens now available on Swellchain as Optimistic Fraud Proofs (OFTs)
- Integration powered by LayerZero protocol
- Accessible through Stargate bridge interface
This follows Ethena's broader omnichain strategy, which has already seen $1.8B in assets deployed across multiple networks including Ethereum, BNB Chain, Arbitrum, and others.
Bridge your assets now through Stargate's interface.
.@ethena are taking $USDe, $sUSDe and $ENA to @swellnetworkio, as OFTs powered by @LayerZero_Core! The restaking chain, Swellchain is the hub for restaked assets, powered by Proof of Restake. Bridge to Swellchain on Stargate: tinyurl.com/USDeOnSwell
⏰ Fantom Network Shutdown: 20 Days Left to Withdraw Liquidity
**Fantom network is shutting down on June 30, 2026 at 5:00 PM GMT.** Stargate V1 liquidity providers must take immediate action: - Remove all liquidity from Fantom pools on Stargate V1 - Stargate V1 will no longer support the Fantom chain after shutdown - **Failure to withdraw before the deadline will result in permanent loss of access to your funds** Check if you have funds at risk: [stargate.finance/pool](https://stargate.finance/pool/fantom:0xc647CE76ec30033Aa319d472Ae9f4462068f2AD7) For details on Fantom's wind down: [Sonic Labs blog post](https://blog.soniclabs.com/sonics-successful-network-migration-what-this-means-for-fantom-opera/) **Action required: Withdraw your liquidity within 20 days.**
🔥 Stargate Shifts 100% Revenue to ZRO Buybacks
**Major Revenue Allocation Change** Starting April 2026, Stargate is directing 100% of its protocol revenue toward ZRO token buybacks, up from the previous 50/50 split with veSTG stakers. **March 2026 Buyback Results:** - 126,612 ZRO tokens purchased - Total buybacks to date: 1,621,651 ZRO **What This Means:** This represents a significant shift in tokenomics for the cross-chain liquidity protocol. The move doubles the buying pressure on ZRO tokens compared to the previous model where half the revenue went to veSTG stakers. The change follows February's buyback of 146,430 ZRO tokens and signals a strategic pivot in how Stargate distributes protocol value to token holders.
🌉 Agora's AUSD Stablecoin Expands to Five New Networks via Stargate
Agora's AUSD stablecoin is expanding its reach across five additional blockchain networks through Stargate Finance. **Key Details:** - AUSD now available on [Stargate Finance](http://stargate.finance) - Expansion includes Plasma, Berachain, Citrea, Initia, and Sei Network - AUSD currently has $170M in circulation - Stargate enables zero-slippage transfers across chains This multi-chain deployment positions AUSD for broader adoption in the cross-chain DeFi ecosystem, leveraging Stargate's liquidity transport infrastructure.
🌉 satUSD Expands Across Eight Chains via Stargate Bridge
**satUSD is now available across multiple blockchain networks through Stargate's bridging protocol.** The stablecoin has launched on eight major chains: - Hemi - BOB - Sonic - X Layer - Arbitrum - Ethereum - BNB Chain **Bridge your satUSD now at [stargate.finance](http://stargate.finance)** This multi-chain expansion follows Stargate's recent integration of Usual Money's USD0 tokens, demonstrating the protocol's role in facilitating cross-chain stablecoin liquidity.
🌉 Major Stablecoins Bridge to Tempo Network
Multiple leading stablecoins are now available to bridge to the Tempo network via Stargate Finance. **Available stablecoins include:** - frxUSD from Frax Finance - cUSD and stcUSD from Cap Money - EURC and USDC.e - USDT (coming soon) Stargate Finance serves as the primary bridge infrastructure, enabling users to transfer these assets to Tempo. The integration expands liquidity options for the Tempo ecosystem and provides users with multiple stablecoin choices for cross-chain transactions.