In this article, I’ll tell you why Stargate Tokens (STG) is the next big thing in crypto. Also, I’ll give you pro strategies for investing in this token and using its protocol.
Stargate is a DeFi bridge with excellent perks. Unlike most bridges, it does not have liquidity and router problems.
And that’s one of many benefits. Keep reading to see why you should invest in STG now.
What Is Stargate Finance?
Stargate is a flexible liquidity transport protocol for DeFi.
It allows users and dApps to transfer native assets across chains.
Also, Stargate provides unified liquidity pools with instant guaranteed finality. Talk about an infinite experience.
Let’s look at this scenario to better understand how Stargate works;
I wanted to bridge the Pepe meme coin (an Ethereum-based token) on one of the popular bridges but I was told that no router was found. On the second bridge I tried, the message was “insufficient liquidity”.
Too bad, right?
This is where Stargate comes in. It doesn’t use a router rather, it is the router utilized by other bridges.
If I use Stargate for the transaction mentioned earlier, the protocol will receive the Pepe on the Ethereum mainnet and create an alternative token with the same price and features. The original token will be sold and used to add liquidity to the new one I wish to bridge.
The sweet part? All of this happens in just one click.
It then means that Stargate doesn’t require token owners to migrate to a particular chain before others can use it.
This feature is much needed in the DeFi space, and Stargate is the first to champion it – where you can bridge an alternative token with enough liquidity to sell it as if it was the original token.
The most, existing protocols like Wormhole have done is to enable this function for a given group of tokens. In this case, stablecoins.
Impressively, Stargate shows no discrimination.
In addition to bridging, Stargate provides Earning and Staking services.
Therefore, STG token holders can participate in governance and receive a variety of tokens as rewards.
Moving on, let’s why you should buy STG now.
Why You Should Invest in Stargate Tokens (STG)
1. Exchange Listing
The first reason you should invest in STG is that it has been recognized by top exchanges like Bybit.
It got listed on the exchange immediately after it hit the market.
This points to a profitable future for STG investors.
2. LayerZero Backing
Another reason STG is a good investment option right now is that it is the first complex project powered entirely by LayerZero.
This means that any interaction you are doing on Stargate Finance is going through the LayerZero portal.
Layerzero is an omnichain interoperability protocol i.e. it allows blockchain networks to connect with each other.
For example, you can bridge directly from the Bitcoin network instead of using the Wrapped Bitcoin (WBTC)
Other projects like Sushiswap, Pancakeswap, Aptos Bridge, Pontem Bridge, etc. also make use of LayerZero but Stargate stands out because it is owned and fully powered by LayerZero.
With the recent growth of the LayerZero project and STG as the center of attraction, we can expect a massive adoption of this token.
Additionally, LayerZero may add more utility to the already existing one and people will see a need to hold it.
Furthermore, LayerZero may airdrop its network token in the future. If this happens, STG holders will likely qualify automatically.
As more people learn about this, there may be a rush in the purchase of STG which will definitely pump the price.
Related: Farming Airdrops – This Is How to Get the Largest Share
3. Access to Airdrops
Apart from the LayerZero airdrop, STG holders are also eligible for airdrops from other projects in the ecosystem.
Earlier this year, STG holders received two unique airdrops, from 2 different projects on LayerZero.
Other projects may follow suit, using STG as the main criterion for their airdrops.
It’s like what happened in the Cosmos (ATOM) ecosystem. All new projects launched on Cosmos airdropped their tokens to $ATOM holders.
This helped skyrocket the price of the ATOM token from $3 to almost $40 because it gave people more reason to hold the token and some are still holding it to this very moment.
Hopefully, STG will have the same fate.
Moving on, I’ll show you where you can buy STG.
Where to Buy STG Tokens
As of press time, STG is trading at $0.613 and you can buy from any of the decentralized exchanges mentioned earlier.
Also, it is available on top centralized exchanges including
Simply click on any exchange above to create an account and start trading STG for profit.
Alternatively, follow any of the strategies in the next section to invest in STG.
Invest in Stargate Tokens Now (Pro Strategies)
a. Dollar Cost Averaging
This is purchasing a given amount of the token regularly. For example, buying $100 worth of STG every month.
It helps you benefit from market movements as you keep buying without the need to read charts.
Gratefully, the exchanges listed earlier offer DCA as a service so you want to check them out.
Also, you can read this post to better understand the concept of Dollar Cost Averaging.
b. Staking
Secondly, you can stake your STG tokens on the Stargate Finance pool to receive rewards in both OP, USDC, and VeSTG tokens.
VeSTG gives you voting rights on what happens on the network.
c. HODL
Another strategy is to hold STG tokens in your wallet.
This is because STG introduced a guild role that requires users to hold both VeSTG and STG tokens.
Also, it might be a LayerZero (ZRO) airdrop criterion.
d. Add Liquidity
Lastly, you should consider adding liquidity to the Shell protocol.
This will help you farm SHELL and qualify for a potential airdrop in 2023 Q4.
Why You Should Invest in STG Now
Currently, STG is sitting at a $124 million marketcap, that’s 4x down from the highest price considering its over $1 billion marketcap of last year. This fall can be traced to the present bear market and experts are confident that the token will bounce back.
Also, STG technical analysis looks bullish with early investors looking at roughly 500% profit by next year from the $0.6 entry point.
STG once sited at $4.5 before going down to where it is now and with the look of the attraction coming its way, the price may go back to $4 in no time.
Obviously, you need some money to invest in STG and you must be willing to go long-term if any of these strategies will work for you.
Nevertheless, this is not financial advice. Remember to do due diligence before buying Stargate Tokens (STG).
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