Stargate Finance

The StargateDAO has approved the proposal for the deployment of Stargate V2, the next major upgrade to the Stargate liquidity transport protocol. Stargate prioritizes security, and V2 has undergone rigorous review by five independent audit groups. The final round of audit cycles will be completed this week, and barring any critical feedback, Stargate V2 will go live following the audits. Stargate is a fully composable liquidity transport protocol at the core of Omnichain DeFi.

Ethena Labs, a decentralized finance (DeFi) protocol with $1.8 billion in total value locked, has announced its expansion to multiple blockchain networks. Users can now bridge Ethena's over-collateralized stablecoins, $USDe and $sUSDe, across Ethereum, BNB Chain, Arbitrum, Optimism, Mantle, Kava, Mode, Metis, Fraxtal, Scroll, and Manta networks using the Stargate user interface. Stargate is a liquidity transport protocol that facilitates cross-chain transactions in the DeFi ecosystem.

Stargate's @Aptos bridging campaign has successfully bridged over $150M on the AptosBridge. They are joined by 10 major DeFi protocols on Aptos. Various projects like Thala Labs, Econia Labs, Aptin Labs, Amnis Finance, Aries Markets, Cellana Finance, Pontem Network, Merkle Trade, Kana Labs, and PancakeSwap are actively participating and integrating with the AptosBridge.

Stargate Finance has removed bridging limits on TheAptosBridge following a proposal by the Aptos Foundation. They are launching the Aptos Campaign to promote education, exploration, and incentives in the Aptos ecosystem. Users can now bridge assets into Aptos for free and will receive rewards for bridging. Additionally, bridging out of Aptos has been made faster with reduced block confirmations. The campaign aims to unify liquidity, remove asset fragmentation, and make DeFi more user-friendly. Be on the lookout for educational resources and incentives coming your way.

The Stargate $mETH pools are now live, filled with 10,000 $mETH for users to participate in the @0xMantle ecosystem by fast-bridging between Ethereum and Mantle.

First-time users bridging into Mantle via Stargate will receive 1 $MNT directly to their wallet to subsidize initial transactions. Check out the tutorial from Mantle for more information.

After a GMX DAO vote, $WBNB has been deployed as an OFT on Arbitrum and Avalanche. Users can now bridge their $WBNB from BNB Chain. Stay updated with @GMX_IO, @TraderJoe_xyz, @RDNTCapital, and @CamelotDEX for usage opportunities.

USDV Money has expanded its USDV stablecoin to the Polygon chain. Stargate is providing incentives for users who choose to receive USDV when bridging into Polygon. USDV offers advantages as an OFT.

Unibot announces plans to expand to new chains and allow users to securely bridge their assets directly from Telegram, using Stargate technology.

Stargate is winding down $MAI pools on every chain and $BUSD pool on BNB Chain. Emissions have been turned off and users should withdraw their LP. $BUSD POL has been converted to $USDT and LP positions migrated to an STG-USDT pool on v3.