Stargate V2 Launch: DeFi's Cheapest and Most Interoperable Bridge
Stargate V2 Launch: DeFi's Cheapest and Most Interoperable Bridge
🚀 Omnichain DeFi's Game-Changer
Stargate Finance has announced the launch of Stargate V2, a major upgrade to its decentralized finance (DeFi) bridging protocol. Stargate V2 introduces capital-efficient liquidity pools with deep liquidity and low slippage across all supported chains. It also introduces Hydra, a bridging-as-a-service solution offered to any blockchain network. The launch timeline involves a 24-hour liquidity migration period starting on May 27th, 2024, at 12:00 PM UTC, when V2 pools and incentives will go live. On May 28th, 2024, at 12:00 PM UTC, V2 bridging will be enabled. The Stargate V2 codebase has undergone multiple independent audits, and the Stargate DAO is voting on launching a $10M bug bounty program. Stargate V1 pools will have their incentives gradually wound down over the next few months, but users can choose to keep their liquidity in V1 pools.
⏰ Important Update on Stargate V2 Launch Timelines ⏰ The launch of V2 Pools and Bridging is being pushed back by 24 hours. Updated tl;dr 28.05.24 @ 12:00PM UTC - V2 Pools & Incentives live 29.05.24 @ 12:00PM UTC - V2 Bridging enabled
⏰ Stargate V2 Launch Timelines ⏰ tl;dr 27.05.24 @ 12:00PM UTC - V2 Pools & Incentives live 28.05.24 @ 12:00PM UTC - V2 Bridging enabled Read the full thread for all details on Stargate's liquidity migration 🧵
⏰ Stargate V2 Launch Timelines ⏰ tl;dr 27.05.24 @ 12:00PM UTC - V2 Pools & Incentives live 28.05.24 @ 12:00PM UTC - V2 Bridging enabled Read the full thread for all details on Stargate's liquidity migration 🧵
Stargate V2 is more than just the cheapest bridge in DeFi. Stargate V2 is capitally efficient, with deep liquidity and low slippage on all routes. Stargate V2 is also Hydra - a bridging as a service solution offered to any chain. Welcome to V2. tinyurl.com/StargateV2Medi…
🔥 Stargate V2 Pools & Incentives are officially live 🔥 Users can now deposit their liquidity into V2 Pools at: stargate.finance/pool The 24-hour countdown to DeFi's cheapest, and most interoperable, bridge starts now 🕐
**Quantoz Launches MiCA-Compliant EURQ and USDQ Stablecoins on Stargate**
**Quantoz's MiCA-compliant stablecoins EURQ and USDQ are now live on Stargate**, marking another expansion of regulated digital assets on the platform. **Key Features:** - Both stablecoins adopt LayerZero's OFT standard - Enable **1:1 rate movement** with zero slippage - Available across **Ethereum and Polygon** networks **Recent Stargate Performance:** - Processed over **$3B in transfers** during Plasma Foundation launch - Moved **$18B+ in stablecoins** in 2025 - September saw **$3B in monthly volume** This launch follows Stargate's recent integration of other major stablecoins including AUSD ($170M ready to move) and EURC, the first non-USD stablecoin on the platform. *Transfer assets seamlessly across chains with Stargate's omnichain infrastructure.*
PayPal USD Stablecoin Launches on Aptos Blockchain
**PayPal's PYUSD stablecoin is expanding to the Aptos blockchain**, marking another step in the payment giant's multi-chain strategy. The integration brings institutional-grade stablecoin infrastructure to Aptos developers and users. This follows PayPal's previous deployments on Ethereum and Solana networks. **Key developments:** - PYUSD now available on Aptos ecosystem - Pyth Network providing sponsored USD price feeds for seamless integrations - Enhanced support for Aptos builders with reliable data infrastructure The move strengthens Aptos' DeFi ecosystem by adding a major regulated stablecoin option for developers building payment and trading applications.
VFY Token Launches Cross-Chain Bridge on Stargate
**VFY token from zkVerify Protocol is now available on Stargate**, enabling seamless transfers between zkVerify network and Base Chain. Key features: - **1:1 exchange rate** with zero slippage - Powered by LayerZero's **OFT (Omnichain Fungible Token) standard** - Direct integration with Stargate's liquidity transport protocol This launch follows similar integrations, including KAVA's recent adoption of the OFT standard for cross-chain movement between BNB Chain and Kava Chain. The integration expands VFY's accessibility across multiple blockchain networks while maintaining price stability through Stargate's infrastructure.
🐧 PENGU Gets One-Click
$PENGU now supports **direct deposits** to Hyperliquid without bridging or swapping. **Key Features:** - One-click deposits from any supported chain - Powered by LayerZero technology - Direct integration with HyperCore This follows similar integrations for USDT0 and XAUt0, streamlining the deposit process for traders. **Benefits:** - Eliminates multi-step processes - Reduces transaction costs - Faster access to Hyperliquid trading The integration represents continued expansion of cross-chain functionality in DeFi trading platforms.
🎁 Mystery Pin Hunt
**Stargate launches Hydra Genesis mystery pin packs** at Token2049 Singapore events. **11 different brands** hidden in collectible packs - grab yours at these locations: - **Tuesday 30th**: Stargate Steady 4K Run ([morning jog](https://luma.com/zp3d80h7)) - **Wednesday 1st**: StarkCafe Day 1 with Starknet, KaitoAI, LayerZero ([event link](https://luma.com/StarkCafeDay1Singapore)) - **Thursday 2nd**: StarkCafe Day 2 ([same venue](https://luma.com/StarkCafeDay2Singapore)) - **Thursday 2nd**: Stable Summit featuring 0xLamps on "The End of Fragmented Finance" - **Friday 3rd**: HypurrCo ([final chance](https://luma.com/lxmncmkq)) **Limited quantities** available at each event during Token2049 week. *Show up early to secure your mystery pack before they're gone.*