LayerZero's $110M Stargate Buyout Proposal Draws Criticism

LayerZero has proposed a $110 million buyout of all Stargate (STG) tokens to integrate the bridge into its network. This proposal has drawn significant criticism from STG holders, who deem the offer flawed and dilutive. Following the news, the STG token price surged over 72% to $0.3849.

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