Dear PointPay family,
We are thrilled to announce a new addition to the PointPay platform! Starting February 13, all PointPay users now have access to the Stargate Finance (STG) token.
Stargate Finance
This project serves as an omnichain-native liquidity bridge. With the functionality of Stargate Finance, users can seamlessly exchange cryptocurrencies across different blockchains. Currently, there are 8 networks available for transfers: Ethereum, Avalanche, Polygon, Metis, BNB Chain, Arbitrum, Optimism, and Fantom.
At the core of the system are liquidity pools, ensuring operational speed and reducing transaction fees. Users can contribute their funds to provide liquidity and receive rewards in return.
Stargate Finance is not only for regular users but also for DeFi applications. Due to the offered capabilities, DeFi applications can extend their services across multiple blockchains simultaneously, without restrictions.
STG Token
The STG token is the native token of Stargate Finance, responsible for several crucial aspects of the project. Token holders have the power to influence the project’s development through voting. To participate in voting, users need to stake their tokens. While tokens are staked, users can cast an equivalent vote for specific development decisions.
Other use cases for tokens in the project include rewards for participating in the staking of other cryptocurrencies. Maintaining a high level of liquidity is critical for the project, so those contributing their assets to the liquidity pool receive rewards.
Additionally, one of the primary uses of the STG token is fee payment. Stargate Finance does not charge fees on the transfer amount, ensuring a 1:1 transfer ratio. The transfer fee is paid separately by the user using STG tokens, creating a continuous circulation of assets and supporting demand.
Project Goals
Stargate Finance has set a series of goals that reflect the team’s intentions and beliefs. Among the main goals are:
Address the issue of liquidity fragmentation, a significant obstacle to DeFi development.
Make the movement of assets between different blockchains seamless and accessible to all.
These ambitious goals help the project stay on course and contribute to its growth and the development of the crypto sphere, making it more accessible and convenient for users.
STG on PointPay
Starting February 13, the STG token is available on PointPay! You can buy, store, exchange, and trade this token on the platform right now. On the exchange, the STG token will be paired with USDT, providing comfortable trading conditions for PointPay users!
🔥 Buy PXP tokens on Bitrue: https://bit.ly/3JEreHu
🔥 Buy PXP tokens on WhiteBIT: https://bit.ly/3qJrjRH
💰 Earn up to 7% yearly with PXP staking program in PointPay Bank: https://pointpay.io/staking
💡 Check PointPay Live-Roadmap (PointPay development in real-time): https://exchange.pointpay.io/roadmap
🏦 Remember, we are PointPay, and we are beyond banking!
