Stargate Finance: Realize unlimited flow across the chain industry

1. Project introduction

Stargate Finance (STG) is a decentralized finance (DEFI) platform, which aims to be a bridge between blockchain and decentralized application (DAPPS).

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Stargate Finance is based on the Layerzero protocol, which allows different blockchain to interact with each other.Through Stargate, you can exchange USDTs on Ethereum into USDC on the USDT in Ethereum and support many other chains.

STG tokens are the native currencies of Stargate Finance, which are used for various functions and reward mechanisms on the platform.Users can obtain STG token by providing liquidity and participation platform governance.Similarly, users can also participate in platform governance through pledge STG token, vote to determine important matters such as platform costs and target asset balance.

2. Core mechanism

2.1Layerzero technology

Layerzero technology is the basis of Stargate Finance, which provides safe and efficient solutions for cross -chain communications and asset transfer.The following is a detailed introduction to Layerzero technology:

1. Concept

Layerzero is a cross -chain interoperability protocol that aims to realize direct communication between different blockchain through decentralization.It provides infrastructure for cross -chain asset transfer and solves many problems in the traditional cross -chain bridge.

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2.Working principle

Layerzero technology realizes cross -chain communication and asset transfer through the following mechanism:

• Cross -chain message transmission: Layerzero allows direct message transmission between different blockchain without intermediary.This is implemented through lightweight relay (Relayers) and Oracles.

• Lightweight relay and prophetic machine: The relayr is responsible for transmitting transaction data, while the prophet machine verifies and confirms the effectiveness of these data.The separation design of the relay and the prophecy machine ensures high security and decentralization.

• User Application (UA): This is a smart contract running on the source chain and target chain, which is responsible for handling the logic of cross -chain transactions.UA ensures the accurate execution of the transaction and handle the transfer of user assets.

3..Security and decentralization

Layerzero technology ensures the security of cross -chain communication through a multi -level security mechanism and decentralized architecture:

• Minimize trust: Layerzero’s design concept is to minimize trust, that is, reduce users’ trust in the intermediary.The relay and prophetic machine run by independent entity to ensure the independence of data transmission and verification.

• Distributed verification: The prediction machine is responsible for verifying the data transmitted by the relay to ensure the authenticity and accuracy of the transaction data.The distributed prophet network reduces the risk of single -point failure.

• Anti -scam mechanism: Layerzero adopts anti -fraud mechanism to ensure the security of cross -chain transactions.If malicious behavior is detected, it can be corrected in time to protect user assets.

4. 4..Cross -chain asset transfer

Layerzero technology supports the cross -chain transfer of native assets, providing efficient and economic solutions:

• Single transaction realizes cross -chain transfer: Users can complete the asset transfer between different blockchains in a transaction without complex packaging tokens.

• Instant transaction confirmation: Through Layerzero, after confirmation of cross -chain transactions in the source chain, the assets on the target chain immediately arrived to ensure the instantaneous and reliability of the transaction.

5.Integration with Stargate Finance

Layerzero technology is integrated with Stargate Finance to provide infrastructure for its cross -chain liquidity pool and asset transfer:

• Unified Elimal Pond: Layerzero technology supports the unified liquidity pool of Stargate Finance, which realizes liquidity sharing between different blockchain.

• Delta algorithm support: Layerzero technology provides cross -chain communication support for the Delta algorithm, ensuring the efficient management and re -balance of liquidity pools.

6.Superiority

Layerzero technology has multiple advantages compared to the traditional cross -chain bridge connection plan:

• High -efficiency communication: Layerzero has achieved efficient cross -chain communications through lightweight relay and prophecy machines, reducing transaction delay and costs.

• Decentralization: Layerzero’s decentralized architecture ensures the safety and reliability of the system, and avoids single -point failure and centralized risk.

• flexibility: Layerzero supports a variety of blockchain and asset types, providing extensive compatibility and applicability.

2.2Delta algorithm

Stargate Finance’s Delta algorithm is one of its core innovations that achieve efficient and safe cross -chain asset transfer.The following is a detailed introduction to the Delta algorithm:

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1. 1.Basis of Delta algorithm

The Delta algorithm is the core technology that Stargate Finance is used to manage and optimize the cross -chain liquidity pool.It controls the ultimate guarantee of cross -chain asset transfer through a programmatic control liquidity pool and ensures the stability of the liquidity pool.

2.Instant guarantee

After the Delta algorithm ensures that the transaction on the source chain is confirmed, the assets on the target chain are guaranteed.This means that when users conduct cross -chain transactions, they will not fail due to insufficient liquidity or incompatibility of tokens.Specific mechanisms include:

• Source chain transaction confirmation: When the user submits and confirmed the transaction on the source chain, the Delta algorithm immediately locks the corresponding target chain asset.

• Target chain asset transfer: After confirming the source chain transaction, the assets on the target chain immediately transferred to the user account to ensure the final nature of the transaction.

3..Unified liquidity pool and soft partition

Stargate Finance realizes cross -chain asset transfer through a unified liquidity pool. The Delta algorithm intelligent management of these liquidity pools:

• Unified Elimal Pond: Unified liquidity pool means that on the Stargate Finance platform, the liquidity of different blockchain is concentrated in a single pool.This structure allows cross -chain assets to flow freely without the need for complex bridges, reducing the sliding point, significantly improved liquidity and transaction efficiency

• Soft district: The liquidity pool is dynamically divided into multiple parts (soft districts). For example, the liquidity pool of the Ethereum network can allocate some funds to the BNB chain or fantom chain.These partitions can be borrowed from each other during liquidity crisis and repaid after transaction processing.

4. 4..Liquidity management and re -balance mechanism

In order to prevent the liquidity pool from being exhausted under high concurrency requests, the Delta algorithm introduces the rebalancing mechanism to maintain the stability and efficiency of the liquidity pool:

• Re -balance fee: The re -balance fee is part of the transaction fee, which aims to motivate users to supplement or reduce assets in the liquidity pool to maintain the balance of the pool.The re -balance cost is calculated based on the scale of the transaction and the balance of the current pool.

• Reward mechanism: The recipients charged will accumulate and allocate to users who help re -balance the liquidity pool. The amount of reward depends on the contribution of user transactions to pool balance.

5.Dynamic liquidity management

Delta algorithms through dynamic management liquidity pools to ensure that when large -scale metastasis between different blockchains, the liquidity pool will not be exhausted:

• Liquidity distribution: The funds of the liquidity pool are dynamically assigned to different blockchains to ensure that each blockchain has sufficient liquidity to handle trading requests.

• Liquidity borrowing: When liquidity is tight, the liquidity pool between different blockchains can be borrowed to ensure that the transaction is progressing smoothly.

2.3Centralized application (DAPP)

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Stargate Finance has achieved efficient and secure cross -chain asset management and transactions through its decentralized application (DAPP).The following is a detailed introduction to Stargate Finance Dapp:

1. 1.The core function of dapp

Stargate Finance provides users with a series of powerful and flexible features:

• Cross -chain asset transfer: Users can seamlessly transfer native assets between different blockchain without complex bridges.

• Lobricity provides and mining: Users can provide liquidity for liquidity pools and get rewards by participating in liquidity mining.

• Cross -chain transaction: Support the instant exchange between tokens on the tokens on different blockchains, users can easily conduct cross -chain transactions.

2.Cross -chain asset transfer

One of the main functions of Stargate Finance Dapp is the transfer of cross -chain assets. The specific implementation is as follows:

• Single transaction completes cross -chain transfer: Users can transfer assets between different blockchain as long as they need to conduct one transaction.This greatly simplifies the operation process and enhances the user experience.

• Instant transaction confirmation: Through Layerzero technology, after cross -chain transactions are confirmed by the source chain, the assets on the target chain immediately arrived to ensure the instantaneous and reliability of the transaction.

• Native asset: The user uses native assets instead of packaging tokens during the transfer process, thereby avoiding additional costs and complex operations.

3Then, thenLobricity provides and mining

Stargate Finance DAPP allows users to provide liquidity for liquidity pools and obtain stable currency rewards by participating in liquidity mining:

• Unified Elimal Pond: Users can deposit assets into a unified liquidity pool and provide activities to participate in the liquidity of multiple blockchain.

• Income distribution: Lobricity provider (LP) is rewarded according to the liquidity ratio they provided, and the reward is issued in the form of stable currency, which means 0.045%of the costs charged in each transfer transaction.

• Flexible liquidity management: LP tokens can be redeemed at any time, and users can flexibly manage their liquidity to provide positions.

4. 4..Cross -chain transaction

Stargate Finance DAPP supports real -time exchange between tokens on different blockchains, providing convenient cross -chain trading functions:

• One -click exchange: Users can exchange tokens between different blockchains, such as exchanging USDT on the Ethereum network to BUSD on the BNB network.

• Reduce slip: The depth liquidity of the unified liquidity pool reduces the sliding point in the transaction to ensure that users get more fair and accurate transaction prices.

5.User interface and experience

Stargate Finance Dapp provides user -friendly interface, simplifying the process of cross -chain asset management and transaction:

• Anticated interface design: The interface design of DAPP is simple and intuitive, and users can easily conduct cross -chain transactions and liquidity management.

• Simplified operation process: Users do not need to understand complex technical details, and only need to operate simply to complete cross -chain asset transfer and transactions.

3. STG token

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The STG token is the native currency of the Stargate Finance platform, playing a key role in the entire ecosystem.The following is a detailed introduction to the STG token:

1. 1.Overview of STG tokens

STG tokens are native currencies of the Stargate Finance platform, which are used for multiple purposes, including liquidity provision, platform governance and reward mechanism.The design of STG token is designed to support the long -term development of the platform and user participation.

2.STG token use

Governance and voting

• Pledge and governance: Users can pledge the STG tokens to get VESTG (Vote-ESCROWED STG) tokens, thereby participating in platform governance.Users holding VESTG tokens can vote on the platform’s governance proposals, including key matters such as platform cost adjustment and liquidity pool configuration.

• Time weighted reward: The longer the time for pledged the STG token, the more VESTG tokens obtained by users, thereby increasing its right to vote in governance.This mechanism ensures the long -term participation of the holder and the success of the platform’s success.

Lobricity provides and mining

• Liquidity provides: Users can provide STG tos to the liquidity pool of the platform to help enhance the overall liquidity of the platform.In return, liquidity providers (LP) will be awarded a part of the transaction fee.

• Liquidity mining: By participating in liquidity mining activities, users can get additional STG token rewards.Liquid mining not only improves the liquidity of the platform, but also provides users with additional sources of income.

Transaction and cross -chain transfer

• Cost reduction: When using STG tokens for transactions and transitions of cross -chain assets, users can enjoy handling fees and exemption.For example, when using the STG token for cross -chain transfer, the protocol transfer cost can be exempted, instead of the STG token transaction, it will charge 0.06%.

The issuance and distribution of STG tokens

• Total supply: The total supply of STG tokens is 1 billion yuan, and the current circulation supply is 205 million, accounting for 20.43%of the total.

• Initial distribution: The initial distribution of STG tokens is as follows:

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• 17.5% assigned to the team

• 17.5% assigned to investors

• 15.0% for protocol startup

• 15.95% for bond curve (Bonding Curve)

• 2.11% for initial release plan

• 1.55% for bond curve DEXS

• 30.39% assigned to the community

Unlock timetable

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• Team and investor allocation: The distribution share of teams and investors is gradually unlocked within 1-2 years to ensure the stability of the early stage of the project and the control of circulation supply.

• Community allocation: The community allocation part is immediately unlocked when the project starts, so that the team and the community can effectively allocate funds and promote the development of agreement.

STG token economic model

The economic model design of STG token is designed to support the long -term growth of the platform and user participation:

• Incentive mechanism: Through the reward mechanism provided by pledge and liquidity, STG tokens inspire users to actively participate in various activities of the platform to enhance the overall vitality of the platform.

• Shrinkage mechanism: Some transaction costs and re -balance expenses will be used to repurchase and destroy STG tokens, reduce circulation supply in the market, and increase the scarcity and value of tokens.

Token performance

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• Current price: $ 0.5079 (8.46%in the past 7 days)

• Market value: $ 103,775,760 (rising 1.48%)

• 24 -hour transaction volume: $ 20,048,614 (rising 70.74%)

• Market value/transaction volume ratio: 19.40%

• Completely diluted market value: $ 507,868,245

• Price trend: The price fluctuates significantly from April 2023 to May 2024.The price in early April 2023 was about $ 0.4682, and it has experienced a period of time since then, and then rebounded significantly at the end of May.

• Market interests increase: 24 -hour transaction volume rose 70.74%, indicating that trading activities in the short term increased significantly.This may reflect the increase in the interest and confidence of the market for the Stargate Finance project.

• Market value increase: The market value rose slightly by 1.48%, but compared with the significant increase in transaction volume, this may mean a large number of short -term trading activities.

4. Project evaluation

4.1Track analysis

Stargate Finance project belongs toThe field of decentralized finance (DEFI), focused on cross -chain interoperability and liquidity managementEssenceThe core goal of the project is to achieve seamless asset transfer and efficient liquidity management through Layerzero technology and Delta algorithms.This makes Stargate Finance an indispensable infrastructure in the DEFI ecosystem.

In the field of DEFI, there are several projects similar to Stargate Finance, focusing on cross -chain interoperability and liquidity management:

1. 1.Polkadot (dot)

• Brief introduction: Polkadot is a blockchain protocol that supports multiple blockchain operations, which aims to achieve cross -chain communication and data sharing.It allows interoperability between different blockchain through a relay chain and a peaceful line architecture.

• Similar point: Similar to Stargate Finance, Polkadot is also committed to solving mutual operational problems between blockchain, but it is mainly implemented by constructing a multi -chain ecosystem instead of fluid pool and cross -chain transfer.

2.Cosmos (atom)

• Brief introduction: COSMOS is a decentralized network, which aims to achieve interoperability between blockchain.It uses IBC (cross -chain communication protocol) and Tendermint consensus mechanism to provide safe and efficient cross -chain communication.

• Similar point: COSMOS and Stargate Finance are focused on cross -chain interoperability.COSMOS provides a framework that enables different blockchain to operate, while Stargate Finance realizes cross -chain transfers through a unified liquidity pool.

3..Thorchain (rune)

• Brief introduction: ThorChain is a decentralized liquidity protocol that allows users to seamlessly exchange encrypted assets between different blockchains.It realizes cross -chain exchange through chain liquidity pool and Rune token.

• Similar point: ThorChain and Stargate Finance are similar to providing cross -chain asset exchange and liquidity pool management, but Thorchain is mainly achieved by decentralized node networks and liquidity pools.

4.2Project advantage

1. 1.Cross -chain interoperability

One of the main advantages of Stargate Finance is its powerful cross -chain interoperability capabilities. Through Layerzero technology, Stargate Finance realizes direct communication between different blockchain, solving many problems in the traditional cross -chain bridge connection scheme.Safe and efficient cross -chain asset transfer solutions.Different blockchain share a unified liquidity pool, which greatly improves liquidity and transaction efficiency, reduces the slide point, and improves the user experience.

2.Instant transaction confirmation:Once the user submits and confirmed the transaction on the source chain, the assets on the target chain are guaranteed.This reduces transaction delays and ensures the reliable experience of users in cross -chain transactions.

3..User -friendly operation experience

• Simplified cross -chain transfer: Users can complete the asset transfer between different blockchains in a single transaction. Without complex bridges, it greatly simplifies the operation process and enhances the user experience.

• Anticated interface design: Stargate Finance provides a user -friendly interface. Users can easily conduct cross -chain transactions and liquidity management, suitable for various user groups.

4. 4..Diversity incentive mechanism

• Lobricity provides and mining: Users can provide liquidity for liquidity pools and get rewards by participating in liquidity mining.This not only improves the liquidity of the platform, but also provides users with additional sources of income.

• Governance and voting: Users can pledge the STG token to obtain the VESTG tokens, thereby participating in platform governance and voting to determine the platform.This mechanism encourages users to hold and participate in the development of the platform for a long time.

5.Security and decentralization

• Distributed verification and anti -fraud mechanism: Layerzero technology ensures the security and reliability of cross -chain transactions. It verifies transaction data through distributed prophecy machines and relatives, and introduces anti -fraud mechanisms to protect user assets.

• Decentralized architecture: The decentralized architecture of Stargate Finance reduces the risk of single -point failure and enhances the elasticity of the overall network.

6.Market performance

• Significant price fluctuations and trading activities: In the past week, the price of STG tokens has increased by 8.46%, and the transaction volume of 24 hours has increased significantly, indicating that the market’s interest and confidence in the project have been increasing.

4.3Lack of projects

1. 1.Re -balance fee

• The complexity of the cost mechanism: Although the re -balance cost mechanism is valid, its calculation method is more complicated, which may make it difficult for some users to understand and accept.High -frequency trading users may have a high degree of sensitivity to the cost mechanism and affect their willingness to participate.

2.Market competition

• Fierce competition: The competition in the DEFI field is very fierce, and there are many similar items, such as Polkadot, COSMOS, ThorChain, etc.These projects also have unique advantages in cross -chain interoperability and liquidity management. Stargate Finance needs to continue to innovate to maintain competitiveness.

3..Development of ecosystems

• Ecosystem construction: As an emerging project, Stargate Finance needs to continuously expand its ecosystem, including integration with more blockchains and DApps.This requires time and resources, which may affect the rapid development of the project and the scope of user coverage.

4. 4..Market and regulatory risk

• Encrypted market fluctuation: The height volatility of the encryption market is a risk for any encryption project.Fierce changes in market sentiment may affect the price of STG tokens and user investment confidence.

• Uncertain supervision: The regulatory environment of cryptocurrencies and DEFI projects around the world is constantly changing, which may have an impact on project operations and user participation.

5. Conclusion

Stargate Finance is an innovative decentralized finance (DEFI) project that achieves efficient and secure cross -chain asset transfer and liquidity management through Layerzero technology and Delta algorithms.Its unified liquidity pool and instant transaction confirmation function significantly improved user experience and blockchain interoperability.

Despite the challenges such as technical complexity, security risks, and market competition, Stargate Finance has shown strong development potential in the DEFI field with its technical advantages and innovation capabilities.With the expansion of the ecosystem and the increase in user participation, Stargate Finance is expected to become a leading platform for cross -chain interoperability and liquidity management to promote the further development of decentralized finance.