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#PeckShield Today's @DeltaPrimeDefi #exploit leads to $4.8m loss. Since affected pools are now paused, we share our initial analysis below. The exploit is made possible due to the lack of input validation in claiming possible rewards. Specifically, the exploiter provides an evil pair in order to change the collateral asset into reward asset. By doing so, the initial collateral to borrow funds can be stolen out while leaving the debt unpaid. We also notice the exploiter has added liquidity (~$1.3M) to #LFJ (formerly Trader Joe) & farmed $USDC on #Stargate
#PeckShield
Today's @DeltaPrimeDefi #exploit leads to $4.8m loss. Since affected pools are now paused, we share our initial analysis below.

The exploit is made possible due to the lack of input validation in claiming possible rewards. Specifically, the exploiter provides an evil pair in order to change the collateral asset into reward asset. By doing so, the initial collateral to borrow funds can be stolen out while leaving the debt unpaid.

We also notice the exploiter has added liquidity (~$1.3M) to #LFJ (formerly Trader Joe) & farmed $USDC on #Stargate
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Aptos Foundation, LayerZero, and Stargate are collaborating to improve cross-chain interoperability and DeFi application navigation on Aptos. The Aptos Bridge, powered by LayerZero, will facilitate asset bridging between Aptos and other blockchain networks, with daily transaction limits removed and bridging times reduced. #Aptos #AptosLabs #TrendingTopic #LayerZero #Stargate
Aptos Foundation, LayerZero, and Stargate are collaborating to improve cross-chain interoperability and DeFi application navigation on Aptos. The Aptos Bridge, powered by LayerZero, will facilitate asset bridging between Aptos and other blockchain networks, with daily transaction limits removed and bridging times reduced.

#Aptos #AptosLabs #TrendingTopic #LayerZero #Stargate
Stargate Advises Against Reissuing STG Token Due to FTX Liquidators Concerns#Stargate Foundation has advised against reissuing Stargate Finance's (STG) native token due to concerns raised by FTX liquidators. The liquidators are of the opinion that doing so would be a breach of the automatic stay, which could have serious legal consequences. In March 2022, #AlamedaResearch purchased the entire STG auction for $25 million. However, in November of the same year, FTX declared bankruptcy, and FTX and Alameda's wallets were hacked for roughly $500 million. The assets were eventually moved to fresh bank accounts by the liquidators. Because of this, Stargate DAO wants to reissue the STG token so that the funds can be moved from the vulnerable wallet to a safer one. But the people in charge of closing down FTX have turned down this idea. The Foundation continues to urge against reissuing the #STG token in light of the opinion of #FTX liquidators, despite its best efforts to assure the safety of the money. According to a Stargate tweet, "nothing in any engagement the foundation has had with the liquidators shows that they have a strong grasp of the realities of the smart contracts, how the contracts operate, or how they'll interact to secure payment." The foundation believes that reissuing the token would not violate the automatic stay and that the liquidators' concerns are unfounded. However, they are not willing to risk the safety of their decentralized autonomous organization (DAO) and the potential legal repercussions. It is important to note that the STG token is not the only asset at risk in this situation. Exchanges, protocols, and external parties have also been affected by the FTX liquidation and hacking incident. Therefore, it is crucial for all parties involved to work together to ensure the safety and security of all assets involved. In summary, Stargate Foundation has advised against reissuing the STG token due to concerns raised by FTX liquidators. The foundation believes that the liquidators' concerns are unfounded but is not willing to risk the safety of their DAO and the potential legal repercussions. It is crucial for all parties involved to work together to ensure the safety and security of all assets involved. #coingabbar

Stargate Advises Against Reissuing STG Token Due to FTX Liquidators Concerns

#Stargate Foundation has advised against reissuing Stargate Finance's (STG) native token due to concerns raised by FTX liquidators. The liquidators are of the opinion that doing so would be a breach of the automatic stay, which could have serious legal consequences.

In March 2022, #AlamedaResearch purchased the entire STG auction for $25 million. However, in November of the same year, FTX declared bankruptcy, and FTX and Alameda's wallets were hacked for roughly $500 million. The assets were eventually moved to fresh bank accounts by the liquidators.

Because of this, Stargate DAO wants to reissue the STG token so that the funds can be moved from the vulnerable wallet to a safer one. But the people in charge of closing down FTX have turned down this idea.

The Foundation continues to urge against reissuing the #STG token in light of the opinion of #FTX liquidators, despite its best efforts to assure the safety of the money. According to a Stargate tweet, "nothing in any engagement the foundation has had with the liquidators shows that they have a strong grasp of the realities of the smart contracts, how the contracts operate, or how they'll interact to secure payment."

The foundation believes that reissuing the token would not violate the automatic stay and that the liquidators' concerns are unfounded. However, they are not willing to risk the safety of their decentralized autonomous organization (DAO) and the potential legal repercussions.

It is important to note that the STG token is not the only asset at risk in this situation. Exchanges, protocols, and external parties have also been affected by the FTX liquidation and hacking incident. Therefore, it is crucial for all parties involved to work together to ensure the safety and security of all assets involved.

In summary, Stargate Foundation has advised against reissuing the STG token due to concerns raised by FTX liquidators. The foundation believes that the liquidators' concerns are unfounded but is not willing to risk the safety of their DAO and the potential legal repercussions. It is crucial for all parties involved to work together to ensure the safety and security of all assets involved.

#coingabbar

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Radiant Capital will host an AMA at X on January 19 Radiant Capital will host a Q&A session at X with Symbols' CFO on January 19 at 15:00 UTC. The discussion will focus on the potential benefits of Isekai for Radiant liquidity and the utility it can provide to dLP holders. More detailed information can be found in the official RDNT tweet Radiant is an omnichannel money market protocol where users can deposit assets on one blockchain and borrow on another, eliminating the need to create separate liquidity pools for each blockchain. The Radiant protocol runs on LayerZero using the Stargate router interface to enable seamless cross-chain transactions. For example, lenders can return collateral by specifying which network to withdraw funds from and what percentage they would like to send to other networks. RDNT is the platform's native utility token, which is used for liquidity mining and governance. Radiant Capital investors have the opportunity to earn income from both locking and staking RDNT tokens. #rdnt #LayerZero #Stargate $RDNT
Radiant Capital will host an AMA at X on January 19

Radiant Capital will host a Q&A session at X with Symbols' CFO on January 19 at 15:00 UTC. The discussion will focus on the potential benefits of Isekai for Radiant liquidity and the utility it can provide to dLP holders.

More detailed information can be found in the official RDNT tweet

Radiant is an omnichannel money market protocol where users can deposit assets on one blockchain and borrow on another, eliminating the need to create separate liquidity pools for each blockchain.

The Radiant protocol runs on LayerZero using the Stargate router interface to enable seamless cross-chain transactions. For example, lenders can return collateral by specifying which network to withdraw funds from and what percentage they would like to send to other networks.

RDNT is the platform's native utility token, which is used for liquidity mining and governance. Radiant Capital investors have the opportunity to earn income from both locking and staking RDNT tokens.
#rdnt #LayerZero #Stargate
$RDNT
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Stargate Finance: Bridging the Blockchain Chasm with Stellar Style In the ever-expanding universe of crypto, where projects vie for dominance, Stargate Finance (STG) emerges as a cosmic architect, meticulously constructing bridges between blockchains. Forget clunky spaceships and fragmented liquidity; Stargate promises a seamless journey across the digital cosmos. Warp Speed for Your Crypto: Tired of interstellar transfers taking longer than a moonwalk? Stargate's innovative technology, powered by LayerZero, lets you swap tokens between blockchains in a single transaction. Imagine effortlessly beaming USDC on Ethereum directly to USDT on BNB Chain – that's the Stargate magic! Fueling the Voyage: STG, the native token of Stargate, serves as your interstellar fuel. By providing liquidity, you earn STG rewards, keeping the bridge humming and profiting from the thriving cross-chain traffic. But the adventure doesn't stop there! Stake your STG to become a vested citizen (veSTG), gaining voting rights that shape the future of Stargate. A Beacon of Governance: Stargate isn't some authoritarian space station; it's a community-driven democracy. As a veSTG holder, you have a say in the protocol's evolution, ensuring it remains efficient and user-friendly. Beyond the Wormhole: Stargate is more than just a bridge; it's a gateway to a flourishing DeFi ecosystem. Utilize STG for various purposes: participate in governance, earn rewards through liquidity pools, and unlock a future brimming with possibilities. Join the Stargate Collective: Are you ready to boldly explore the uncharted territories of cross-chain DeFi? Buckle up and join the Stargate collective. Let's break down the walls between blockchains and usher in a new era of seamless, secure, and interconnected cryptocurrency experiences. Why wait? Reach for the stars by clicking STG. #Stargate #STG #STG #STG/USDT #TrendingTopic $STG P.S. While a stack of STG is always welcome, the truest form of support is community. 🖤 Feel free to Give a Tip if it doesn't hurt your wallet.
Stargate Finance: Bridging the Blockchain Chasm with Stellar Style

In the ever-expanding universe of crypto, where projects vie for dominance, Stargate Finance (STG) emerges as a cosmic architect, meticulously constructing bridges between blockchains. Forget clunky spaceships and fragmented liquidity; Stargate promises a seamless journey across the digital cosmos.

Warp Speed for Your Crypto: Tired of interstellar transfers taking longer than a moonwalk? Stargate's innovative technology, powered by LayerZero, lets you swap tokens between blockchains in a single transaction. Imagine effortlessly beaming USDC on Ethereum directly to USDT on BNB Chain – that's the Stargate magic!

Fueling the Voyage: STG, the native token of Stargate, serves as your interstellar fuel. By providing liquidity, you earn STG rewards, keeping the bridge humming and profiting from the thriving cross-chain traffic. But the adventure doesn't stop there! Stake your STG to become a vested citizen (veSTG), gaining voting rights that shape the future of Stargate.

A Beacon of Governance: Stargate isn't some authoritarian space station; it's a community-driven democracy. As a veSTG holder, you have a say in the protocol's evolution, ensuring it remains efficient and user-friendly.

Beyond the Wormhole: Stargate is more than just a bridge; it's a gateway to a flourishing DeFi ecosystem. Utilize STG for various purposes: participate in governance, earn rewards through liquidity pools, and unlock a future brimming with possibilities.

Join the Stargate Collective: Are you ready to boldly explore the uncharted territories of cross-chain DeFi? Buckle up and join the Stargate collective. Let's break down the walls between blockchains and usher in a new era of seamless, secure, and interconnected cryptocurrency experiences. Why wait? Reach for the stars by clicking STG.

#Stargate #STG #STG #STG/USDT #TrendingTopic $STG

P.S. While a stack of STG is always welcome, the truest form of support is community.

🖤 Feel free to Give a Tip if it doesn't hurt your wallet.
Radiant Capital is announcing the launch of v3 and its expansion to Base protocol. 🔹Radiant Innovation Zone (RIZ): isolated markets for fast and safe token launches 🔹1-Click Leverage Strategies: easy access to automated leverage for hottest tokens 🔹Dual Emissions: protocols can bootstrap supply and demand for their tokens, providing secondary 🔹token emissions on top of RDNT emissions 🔹Stargate v2 Integration: seamless cross-chain lending and borrowing with low fees 🔹Security: Radiant prioritizes security with audits, monitoring, and risk management solutions from industry leaders. 🔹Airdrops: Active participants in liquidity pools (dLPs) will receive a share of 125 million RDNT tokens and Layer Zero tokens. #RadiantCapital #Radiant $RDNT #Stargate #BinanceTournament #BinanceTournament
Radiant Capital is announcing the launch of v3 and its expansion to Base protocol.

🔹Radiant Innovation Zone (RIZ): isolated markets for fast and safe token launches
🔹1-Click Leverage Strategies: easy access to automated leverage for hottest tokens
🔹Dual Emissions: protocols can bootstrap supply and demand for their tokens, providing secondary 🔹token emissions on top of RDNT emissions
🔹Stargate v2 Integration: seamless cross-chain lending and borrowing with low fees
🔹Security: Radiant prioritizes security with audits, monitoring, and risk management solutions from industry leaders.
🔹Airdrops: Active participants in liquidity pools (dLPs) will receive a share of 125 million RDNT tokens and Layer Zero tokens.

#RadiantCapital #Radiant $RDNT #Stargate #BinanceTournament #BinanceTournament
Stargate (STG): Wormholing its Way to Crypto Stardom Stargate (STG) isn’t just a coin; it's a cosmic gateway to a universe of interconnected finance. This interstellar asset is bridging the gap between different blockchains, making it easier than ever to teleport your crypto across the cosmos. Imagine swapping assets between Ethereum and Avalanche faster than you can say "quantum leap". That's Stargate.   But it's not just about speed. STG is the key to unlocking a galaxy of DeFi opportunities. With its growing ecosystem and a community of passionate stargazers, the potential for this token is truly astronomical. As the crypto market gears up for another epic bull run, Stargate could be the rocket fuel your portfolio needs. So, are you ready to embark on this interstellar journey? Buckle up, because Stargate is about to slingshot its way into the spotlight. Take a look at our bio @EliteDailySignals for more crypto insights. #Stargate #STG #STG/USDT #STGUSDT #TrendingTopic $STG @StargateFinance @EliteDaily {spot}(STGUSDT) 🖤 Feel free to Give a Tip if it doesn't hurt your wallet. Want to be part of the Stargate adventure? Follow us for more cosmic crypto content, like, share, and let’s build a thriving community together! 🚀
Stargate (STG): Wormholing its Way to Crypto Stardom

Stargate (STG) isn’t just a coin; it's a cosmic gateway to a universe of interconnected finance. This interstellar asset is bridging the gap between different blockchains, making it easier than ever to teleport your crypto across the cosmos. Imagine swapping assets between Ethereum and Avalanche faster than you can say "quantum leap". That's Stargate.  

But it's not just about speed. STG is the key to unlocking a galaxy of DeFi opportunities. With its growing ecosystem and a community of passionate stargazers, the potential for this token is truly astronomical. As the crypto market gears up for another epic bull run, Stargate could be the rocket fuel your portfolio needs.

So, are you ready to embark on this interstellar journey? Buckle up, because Stargate is about to slingshot its way into the spotlight. Take a look at our bio @EliteDailySignals for more crypto insights.

#Stargate #STG #STG/USDT #STGUSDT #TrendingTopic $STG @Stargate @EliteDailySignals
🖤 Feel free to Give a Tip if it doesn't hurt your wallet.

Want to be part of the Stargate adventure? Follow us for more cosmic crypto content, like, share, and let’s build a thriving community together! 🚀
Stargate Finance On Arbitrum Sees Explosive Surge In On-Chain ActivityIn recent news, the Santiment report has revealed an explosion in on-chain activity for Stargate Finance on Arbitrum. This sudden surge in activity has sparked interest and speculation among traders and investors. The report suggests that the increase in activity could be related to active voting within the Stargate DAO. However, the exact reason for the sudden burst in activity remains unknown. What is clear is that people are spending their time and resources on the platform, indicating a sense of commitment and anticipation for something significant. @azcoinnews As the market continues to decline, the sudden influx of activity on Stargate Finance may seem risky. However, such high-risk investments have the potential for high rewards, and the platform seems best prepared to withstand any potential crashes or fluctuations in the market. While it is impossible to predict the future, the current surge in activity on Stargate Finance indicates the possibility of a significant shift in the market. If this happens, those who have invested in STG will be well-prepared to harvest the rewards of their commitment. In conclusion, the sudden increase in on-chain activity for Stargate Finance on Arbitrum has piqued the interest of traders and investors alike. While the reason for the surge remains unknown, the commitment and anticipation of the platform’s users suggest the potential for high-risk-reward investments. As the market continues to fluctuate, the surge in activity on Stargate Finance could indicate a significant shift in the market, offering those who have invested in the platform the opportunity for a fruitful harvest. #Stargate #Santiment #STG #azcoinnews #Arbitrum This article was republished from azcoinnews.com

Stargate Finance On Arbitrum Sees Explosive Surge In On-Chain Activity

In recent news, the Santiment report has revealed an explosion in on-chain activity for Stargate Finance on Arbitrum. This sudden surge in activity has sparked interest and speculation among traders and investors.

The report suggests that the increase in activity could be related to active voting within the Stargate DAO. However, the exact reason for the sudden burst in activity remains unknown. What is clear is that people are spending their time and resources on the platform, indicating a sense of commitment and anticipation for something significant.

@azcoinnews

As the market continues to decline, the sudden influx of activity on Stargate Finance may seem risky. However, such high-risk investments have the potential for high rewards, and the platform seems best prepared to withstand any potential crashes or fluctuations in the market.

While it is impossible to predict the future, the current surge in activity on Stargate Finance indicates the possibility of a significant shift in the market. If this happens, those who have invested in STG will be well-prepared to harvest the rewards of their commitment.

In conclusion, the sudden increase in on-chain activity for Stargate Finance on Arbitrum has piqued the interest of traders and investors alike. While the reason for the surge remains unknown, the commitment and anticipation of the platform’s users suggest the potential for high-risk-reward investments. As the market continues to fluctuate, the surge in activity on Stargate Finance could indicate a significant shift in the market, offering those who have invested in the platform the opportunity for a fruitful harvest.

#Stargate #Santiment #STG #azcoinnews #Arbitrum

This article was republished from azcoinnews.com

STG Hub On Optimism Suggested For DEX VelodromeStargate wants to transfer $1.5 million in protocol-owned liquidity to Layer 2 DEX of Velodrome in exchange for more VELO emissions and a higher APR. Stargate is proposing to transfer $1.5 million worth of protocol-owned liquidity (POL) to Velodrome, the leading Ethereum Layer 2 DEX, in an effort to broaden its reach. By directing VELO emissions to their liquidity pools and rewarding voters with veVELO tokens or other incentives, Velodrome's voting system enables protocols to draw liquidity. Voters' VELO bribe multipliers from the previous voting round produced a $3.5 VELO payoff for every $1 in bribes. Under the "Tour de OP" incentive program, Velodrome has pledged to match 40% of Stargate's bribes in an effort to entice Stargate. This has the potential to have a 4X+ impact on STG-liquidity USDC's incentives when paired with the bribe multiplier. The LP can still be used by Stargate's liquidity providers, who can then route it through all aggregators for the same execution. The APR paid, nevertheless, will be greater than what Uniswap is currently providing. In the event that it is effective, Stargate can move more POL to Velodrome, increasing its liquidity and gaining more VELO emissions. Stargate can drastically reduce the requirement for STG emissions in the future while retaining a strong liquidity layer on Optimism by locking VELO payouts as veVELO. Moreover, locking veVELO will make Stargate eligible for a Lock Bonus, which is normally worth 30% to 40% of the VELO locked and is given in OP. By promoting Stargate through its ecosystem and onboarding new users to the network, Velodrome will match Stargate with its sizable and active DeFi user base. Following the conclusion of a vote period, VELO emissions will move to Stargate's LP, increasing the APR for its liquidity providers and gradually lowering STG emissions. #STG #Stargate #crypto2023

STG Hub On Optimism Suggested For DEX Velodrome

Stargate wants to transfer $1.5 million in protocol-owned liquidity to Layer 2 DEX of Velodrome in exchange for more VELO emissions and a higher APR.

Stargate is proposing to transfer $1.5 million worth of protocol-owned liquidity (POL) to Velodrome, the leading Ethereum Layer 2 DEX, in an effort to broaden its reach. By directing VELO emissions to their liquidity pools and rewarding voters with veVELO tokens or other incentives, Velodrome's voting system enables protocols to draw liquidity. Voters' VELO bribe multipliers from the previous voting round produced a $3.5 VELO payoff for every $1 in bribes.

Under the "Tour de OP" incentive program, Velodrome has pledged to match 40% of Stargate's bribes in an effort to entice Stargate. This has the potential to have a 4X+ impact on STG-liquidity USDC's incentives when paired with the bribe multiplier. The LP can still be used by Stargate's liquidity providers, who can then route it through all aggregators for the same execution. The APR paid, nevertheless, will be greater than what Uniswap is currently providing.

In the event that it is effective, Stargate can move more POL to Velodrome, increasing its liquidity and gaining more VELO emissions. Stargate can drastically reduce the requirement for STG emissions in the future while retaining a strong liquidity layer on Optimism by locking VELO payouts as veVELO. Moreover, locking veVELO will make Stargate eligible for a Lock Bonus, which is normally worth 30% to 40% of the VELO locked and is given in OP.

By promoting Stargate through its ecosystem and onboarding new users to the network, Velodrome will match Stargate with its sizable and active DeFi user base. Following the conclusion of a vote period, VELO emissions will move to Stargate's LP, increasing the APR for its liquidity providers and gradually lowering STG emissions.

#STG #Stargate #crypto2023
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Stargate Finance will host an AMA on Discord on April 17th Stargate Finance will host an AMA on Discord on April 17th at 16:00 UTC. Refer to the official STG tweet Stargate Finance is an omnichannel liquidity transport protocol that aims to facilitate the cross-chain transfer of proprietary assets while allowing users and decentralized applications to access common pools of liquidity. #STG #Stargate #news $STG
Stargate Finance will host an AMA on Discord on April 17th

Stargate Finance will host an AMA on Discord on April 17th at 16:00 UTC.

Refer to the official STG tweet

Stargate Finance is an omnichannel liquidity transport protocol that aims to facilitate the cross-chain transfer of proprietary assets while allowing users and decentralized applications to access common pools of liquidity.
#STG #Stargate #news
$STG
Radiant Capital is announcing the launch of v3 and its expansion to Base protocol. 🔹Radiant Innovation Zone (RIZ): isolated markets for fast and safe token launches 🔹1-Click Leverage Strategies: easy access to automated leverage for hottest tokens 🔹Dual Emissions: protocols can bootstrap supply and demand for their tokens, providing secondary 🔹token emissions on top of RDNT emissions 🔹Stargate v2 Integration: seamless cross-chain lending and borrowing with low fees 🔹Security: Radiant prioritizes security with audits, monitoring, and risk management solutions from industry leaders. 🔹Airdrops: Active participants in liquidity pools (dLPs) will receive a share of 125 million RDNT tokens and Layer Zero tokens. #RadiantCapital #Radiant $RDNT #Stargate #BinanceTournament #BinanceTournament
Radiant Capital is announcing the launch of v3 and its expansion to Base protocol.

🔹Radiant Innovation Zone (RIZ): isolated markets for fast and safe token launches

🔹1-Click Leverage Strategies: easy access to automated leverage for hottest tokens

🔹Dual Emissions: protocols can bootstrap supply and demand for their tokens, providing secondary 🔹token emissions on top of RDNT emissions

🔹Stargate v2 Integration: seamless cross-chain lending and borrowing with low fees

🔹Security: Radiant prioritizes security with audits, monitoring, and risk management solutions from industry leaders.

🔹Airdrops: Active participants in liquidity pools (dLPs) will receive a share of 125 million RDNT tokens and Layer Zero tokens.

#RadiantCapital #Radiant $RDNT #Stargate #BinanceTournament #BinanceTournament
$STG is the native token of Stargate Finance, a decentralized liquidity protocol focused on providing seamless cross-chain transfers. As DeFi and cross-chain solutions continue to gain traction, $STG offers a unique investment opportunity due to its role in bridging various blockchain ecosystems. By enabling easy movement of assets across multiple chains, Stargate is positioned to become a key player in the growing cross-chain DeFi space. With its utility, potential for growth, and increasing demand for cross-chain liquidity, investing in $STG on #Binance could provide strong returns as the platform expands. #STG #Stargate #DeFi #CrossChain
$STG is the native token of Stargate Finance, a decentralized liquidity protocol focused on providing seamless cross-chain transfers. As DeFi and cross-chain solutions continue to gain traction, $STG offers a unique investment opportunity due to its role in bridging various blockchain ecosystems. By enabling easy movement of assets across multiple chains, Stargate is positioned to become a key player in the growing cross-chain DeFi space. With its utility, potential for growth, and increasing demand for cross-chain liquidity, investing in $STG on #Binance could provide strong returns as the platform expands.

#STG #Stargate #DeFi #CrossChain
#Stargate $STG {spot}(STGUSDT) is already listed on #Binance and has been gaining popularity due to its unique approach to cross-chain liquidity. Stargate enables seamless, direct transfers of assets across multiple blockchains, making it a standout solution in the #DeFi world. With its focus on interoperability, security, and ease of use, $STG has attracted a strong community and interest from investors. If you’re looking to diversify your crypto portfolio, #STG on Binance might be worth a closer look. #Trending
#Stargate $STG
is already listed on #Binance and has been gaining popularity due to its unique approach to cross-chain liquidity. Stargate enables seamless, direct transfers of assets across multiple blockchains, making it a standout solution in the #DeFi world. With its focus on interoperability, security, and ease of use, $STG has attracted a strong community and interest from investors. If you’re looking to diversify your crypto portfolio, #STG on Binance might be worth a closer look.
#Trending
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