Binance has completed the token merger of Stargate Finance (STG) into LayerZero (ZRO), according to a ChainCatcher newsflash. The exchange distributed tokens at a conversion ratio of 1 STG to 0.08634 ZRO. Following the completion of the process, Binance will no longer support deposits or withdrawals for the old STG token. The update concerns the handling of legacy STG on the platform and confirms that the swap has already been carried out. No additional details were provided in the brief notice beyond the exchange ratio and the suspension of old-token deposit and withdrawal services.
Binance has completed the merger of Stargate Finance (STG) tokens into LayerZero (ZRO), according to ChainCatcher.
Tokens were distributed at a ratio of 1 STG = 0.08634 ZRO. Binance said it will no longer support deposits and withdrawals for the legacy STG token.
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