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 🕐
🌉 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.