Stargate repurchased a total of 146,430 ZRO in February, bringing the total repurchased amount to 1,495,039 ZRO.

MarsBitNews · 2026-03-10T04:02:38+00:00

Stargate repurchased 146,430 ZRO in February, bringing the total repurchase amount to 1,495,039 ZRO. Starting next month, all Stargate earnings will be used for ZRO repurchases. Additionally, the LayerZero Foundation has completed its acquisition of Stargate, and STG tokens can be exchanged for ZRO at a fixed rate.

MarsBitNews

2026-03-10 04:02:38

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Mars Finance News: On March 10, Cross-chain protocol Stargate announced via Twitter that it repurchased a total of 146,430 ZRO tokens in February, worth approximately $300,000. To date, its total repurchase amount is 1,495,039 ZRO tokens, valued at about $3.14 million. The official statement says that Stargate’s revenue is currently split 50/50 between veSTG stakers and ZRO buybacks. Starting next month, all Stargate revenue will be used 100% for ZRO repurchases. Previously, Stargate announced via Twitter that LayerZero Foundation has officially completed the full acquisition of Stargate (STG), including the protocol, tokens, and treasury. After the acquisition, STG tokens can be exchanged for LayerZero’s native token ZRO at a fixed rate (1 STG = 0.08634 ZRO), with the exchange window remaining open long-term.

ZRO5.78%

STG4.32%

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