Key Ideas

• As of right now, Binance has finished developing the STG replacement for Stargate Finance (STG) on the AVAX C-Chain, Arbitrum One, BNB Smart Chain (BEP20), Ethereum (ERC20), Fantom, and Polygon networks.
• Following Stargate Finance’s (STG) most recent contract replacement announcement in a dispute with FTX liquidators, the action was taken.

The exchange has now finished the new STG generation of the Stargate Finance (STG) blockchain and the original STG token’s AVAX Chain, Arbitrum One, BNB Smart Chain (BEP20), Ethereum (ERC20), Fantom, and Polygon, according to Binance’s official announcement.

Additionally, Binance will continue to use STG as the original STG token’s trading code. The STG deposit and withdrawal services have also started, and the STG token that has been withdrawn will start using STGOLD as the trading token.

Additionally, STGOLD token withdrawals are no longer supported and the STGOLD deposit is now open.

Following StargateDAO’s decision to abandon its plans to reissue STG due to a disagreement with FTX liquidators, it is said that Stargate Finance’s original STG token is once again supported.

According to a recent community suggestion, cryptocurrency exchanges have decided to stop supporting brand-new STG tokens after the decentralized autonomous organization (DAO) Stargate decided to stifle plans to issue new tokens on Tuesday.

Get to know Godleak

Godleak crypto signal is a  service which comprise of a professional team. They tried to provide you signals of best crypto channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Godleak crypto leak service have multiple advantages in comparision with other services:

•  Providing signal of +160 best crypto vip channels in the world
• Using high tech bot to forward signals
• Without even a second of delay
• Joining in +160 separated channels on telegram
• 1 month, 3 months , 6 months and yearly plans
• Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features

https://t.me/Godleakbot

Also you can check the list of available vip signal channels in the bot. by pressing Channels button.

After learning about security risks caused by “illegal transfers of STG from compromised Alameda wallets,” which refers to the defunct cryptocurrency exchange company that holds about 10% of STG tokens, StargateDAO initially voted to re-issue all STG tokens by March 15.

The liquidators of Alameda’s sister company, FTX, rejected the plan, claiming that it violated the auto-residency right granted in the firm’s bankruptcy. As a result, the DAO gave up on those plans.

As a result, the scheduled STG contract swaps on various blockchains have been canceled by Bitfinex and Binance. Additionally, they have taken measures to make sure that anyone holding STG is in fact holding the original STG token and not a reissued token.

In order to allow users to verify the authenticity of their STG tokens, Bitfinex has provided them with contract addresses on the Ethereum network.