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 🕐
🌉 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.
🚀 One-Click Direct Deposits to Hyperliquid Now Live
Hyperliquid has launched a streamlined deposit system that eliminates the need for bridging and swapping tokens. **Key Features:** - Single-click deposits directly to the platform - No intermediate bridging or swapping required - Powered by LayerZero technology - Supports deposits from multiple existing chains The simplified process aims to reduce friction for users entering the Hyperliquid ecosystem by removing traditional multi-step onboarding barriers.
Stargate Launches on megaETH with Seven Token Bridges

Stargate has officially launched on megaETH, enabling cross-chain bridging for seven tokens at a perfect 1:1 rate. **Supported tokens include:** - USDT0 - pufETH - cUSD - stcUSD - USDm - USDE - sUSDe **Key features:** - Cross-chain fast swaps powered by Aori are now live for ETH and USDm - Real-time transactions enabled through megaETH's infrastructure The integration brings Stargate's liquidity transport capabilities to megaETH's network, expanding cross-chain connectivity options for users.
🌉 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.