AscendEX will list Stargate Finance (STG) on January 22.

Information about STG

Stargate Finance is a cross-chain liquidity protocol that underpins Omnichain DeFi. The protocol aims to facilitate the transfer of native assets between blockchains, allowing users and decentralized applications to access unified liquidity pools.

Stargate Finance consists of several key components. The transfer component allows users to exchange native assets between blockchains in a 1: 1 ratio and with guaranteed instant completion. The pools component allows liquidity providers to contribute to the Stargate protocol and receive a reward in stablecoins for each transfer through the platform. The farm component allows Stargate liquidity providers to farm liquidity pool tokens in exchange for STG rewards. In addition, the delta algorithm is an innovative method for balancing resources. This algorithm effectively uses unified cross-chain liquidity to create a new class of cross-chain bridges.