Stargate announced that with the shutdown of LayerZero Labs V1 relayers on December 15, the Stargate V1 liquidity pool will also cease operations. The shutdown does not affect V2 or Hydra. To simplify the user experience, zero-fee withdrawals will be enabled, and the messaging service will be paused for about two weeks before resuming withdrawals until the relayers are decommissioned. Users holding LP positions in V1 must remove them before the deadline.
Stargate has announced that the Stargate V1 liquidity pool will cease operations as the LayerZero Labs V1 relayer is scheduled to be decommissioned on December 15. This change does not impact Stargate V2 or Stargate Hydra.
To streamline the user experience, zero-fee withdrawals will be enabled for all users. The Stargate V1 messaging service will be temporarily paused for approximately two weeks, after which withdrawals from the V1 liquidity pool will resume and remain open until the relayer is decommissioned on December 15.
All users holding LP positions in Stargate V1 are required to remove those positions before the deadline.
Launched in March 2022, Stargate V1 was the first application built on LayerZero, pioneering unified liquidity and instant, guaranteed native asset transfers. Stargate V2 continues to advance these efforts.
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