LayerZero's Acquisition of Stargate Approved by DAO

According to PANews, LayerZero announced that Stargate DAO has approved its acquisition of Stargate (STG). The decision was overwhelmingly supported, with 95% of StargateDAO members voting in favor of the acquisition. STG token holders will have the opportunity to convert their tokens to ZRO starting Monday. Previously, the LayerZero Foundation proposed a $110 million acquisition of the Stargate cross-chain bridge and its STG tokens.