Stargate DAO Considers $20M Allocation for New Intents System
Stargate DAO Considers $20M Allocation for New Intents System
🤔 $20M for What Exactly?
Stargate continues its expansion as the Global Liquidity Layer with several key developments:
- New chain integration: @tacBuild joins the network
- Additional OFT integrations from @stellaxyz_, @wirexpaychain, and @GoNeuralAI
- Significant DAO proposal under consideration for $20M allocation towards a new intents system
Current network statistics:
- Processing ~16 transactions per minute
- Transferring ~$69,700 in value per minute
- Connected to 80+ chains
- Supporting 250+ OFTs
The protocol maintains its position as the standard for guaranteed onchain settlement and cross-chain transfers.
The Global Liquidity Layer Expands. More ecosystems supported. More tokens integrated. New pathways unlocked. The infrastructure enabling guaranteed settlement, the Standard for moving your money onchain.
Onchain money doesn’t move through apps. It moves through Stargate.
Botanix is now live on Stargate. @botanix joins as the latest Hydra chain in Stargate’s global liquidity layer, connecting to a network of 70+ chains. Botanix is the first fully decentralized Bitcoin layer 2, EVM compatible, enabling Bitcoin financial applications like
Not a bridge to move through. A foundation to build on. We’re building the onchain liquidity layer. Global reach. Internet scalability. Stargate 👇
Stargate Finance: the liquidity backbone of the omnichain era Over the last cycle DeFi scaled execution by spinning up roll-ups, alt-VMs (Move, SVMs and Bitcoin related chains) and app-chains; what it still lacks is a native, composable way to move capital between them. We now
June, by the Numbers. Every month, hundreds of thousands of transactions move through Stargate, settling billions onchain. June was no different. • $2,900,000,000+ in Transfer Volume • 800,000+ Transactions • 30+ New OFTs listed • 2 New Hydra Chains Global onchain rails.
Moving money onchain? Never settle for anything less than certainty. Stargate is the only onchain rail that guarantees delivery on the destination chain. No fails. Just finality. Stargate is the standard.
🌉 Stargate Launches on megaETH
Stargate announces day-one integration with megaETH, supporting multiple tokens including: - ETH and USDm - USDT0 - pufETH (Puffer Finance) - cUSD and stcUSD (Cap Money) - USDE and sUSDe (Ethena Labs) The protocol will enable cross-chain liquidity transport for these assets on the new network from launch day.
WBTC Expands to Sui Network Through Stargate Protocol
**WBTC is now available on Sui Network** through Stargate, expanding Bitcoin's reach across blockchain ecosystems. Key features: - **1:1 transfer rate** with zero slippage - **Cross-chain compatibility** across 20 different networks - **Powered by LayerZero** infrastructure This integration allows WBTC holders to move their Bitcoin seamlessly between Sui and other supported chains without losing value through slippage or complex bridging processes. The expansion continues WBTC's multi-chain strategy, bringing Bitcoin liquidity to more DeFi ecosystems.
AUSD Cross-Chain Transfers Now Live on Base Network
**AUSD cross-chain transfers are now operational on Base**, expanding the stablecoin's multi-chain accessibility. **Key features:** - Transfer AUSD between **four major networks**: Avalanche, Ethereum, Monad, and Base - **1:1 exchange rate** with zero slippage guaranteed - Powered by LayerZero's **OFT (Omnichain Fungible Token) standard** This integration builds on AUSD's previous expansion to Avalanche in November, continuing the stablecoin's omnichain strategy. Users can now seamlessly move their AUSD holdings across these networks without price impact or conversion fees. The LayerZero infrastructure enables this frictionless cross-chain functionality, maintaining AUSD's value consistency across all supported blockchains.
🌉 Stargate Enables Direct USDe Deposits
**Stargate now supports direct USDe deposits** from Ethereum, Arbitrum, and Base networks with zero slippage. The cross-chain bridge protocol offers **one-click functionality** for moving USDe tokens across these major networks. Users can deposit directly through Stargate's interface without experiencing price impact. This expansion builds on Stargate's recent integrations: - STABLE token support with Hyperliquid trading - USDT0 expansion to Mantle network - Cross-chain swaps for multiple stablecoins The protocol continues positioning itself as infrastructure for **seamless cross-chain transfers** of major DeFi assets. [Access USDe deposits here](https://stargate.finance/?srcChain=ethereum&srcToken=0x4c9EDD5852cd905f086C759E8383e09bff1E68B3&dstChain=hypercore&dstToken=0x2e6d84f2d7ca82e6581e03523e4389f7)
🌉 EDEL Token Goes Cross-Chain
**EDEL token launches on Stargate**, enabling seamless movement across three major blockchains. **Key Features:** - Move between Ethereum, Base, and BNB Chain - **1:1 exchange rate** with zero slippage - Powered by LayerZero's OFT standard This launch continues Stargate's expansion, following recent additions of MON, USDai, KITE, and other tokens to the platform. **Why it matters:** Cross-chain token movement becomes frictionless, removing traditional bridge limitations and fees.