Stargate Finance Enables WBTC Transfers to Aptos
Stargate has integrated Wrapped Bitcoin on the Aptos network. With over $15 billion in circulation, WBTC can now move natively between Aptos and more than 10 other chains via Stargate. The token operates as an OFT (Omnichain Fungible Token) powered by LayerZero, ensuring 1:1 transfers without slippage or transaction fees.STG InfoStargate Finance is an omnichain liquidity transport protocol that aims to facilitate cross-chain transfers of native assets while allowing users and dApps to access unified liquidity pools.The functioning of the Stargate Finance protocol is orchestrated through several key components. The Transfer component allows users to swap native assets cross-chain with a 1:1 ratio and with guaranteed instant finality. The Pools component allows liquidity providers to contribute to Stargate’s omnichain protocol and earn stablecoin rewards on every transfer through the platform. The Farms component enables Stargate liquidity providers to farm their LP tokens in exchange for STG rewards. Furthermore, the Delta Algorithm is a unique resource balancing algorithm that leverages unified cross-chain liquidity to enable a new class of cross-chain bridges dealing purely in native assets while still maintaining instant guaranteed finality.STG is the native token of the Stargate Finance project. The main use cases for the STG token are Staking and Governance. STG holders can stake their tokens to receive veSTG, which is the governance token of Stargate. This token (veSTG) can be used for voting on governance issues, with the length of the staking period directly influencing the voting power that the staker receives.