LayerZero＆Stargate：一个令牌合并，让每个人都在谈论

LoyeZero提议以1.1亿美元的代币交换收购Stargate，引发STG持有人之间的辩论。此合并会简化跨链操作，还是将星际之门用户抛在后面？

LayerZero & Stargate: A Token Merger That's Got Everyone Talking

LayerZero＆Stargate：一个令牌合并，让每个人都在谈论

The crypto world is buzzing about the proposed LayerZero acquisition of Stargate Finance for a cool $110 million. This all-token transaction aims to consolidate two major players in the cross-chain space, but it's not without its share of drama. Let's dive into what this means for everyone involved.

加密货币界正在嗡嗡作响，以至于拟议中的Loysero以1.1亿美元的价格收购星际之门金融。这项全面的交易旨在巩固跨链领域的两个主要参与者，但这并非没有戏剧性的份额。让我们深入了解这对参与每个参与的每个人意味着什么。

The Proposal: Bringing Stargate Back Home

提案：将星际门带回家

LayerZero Foundation, the force behind the LayerZero protocol, wants to bring Stargate back into the fold. Stargate, initially developed by the LayerZero team in 2022, would be acquired through a token swap: 1 STG for 0.08634 ZRO. This essentially values Stargate at $110 million based on current market prices. The goal? Streamline operations and reduce redundancy, according to LayerZero CEO Bryan Pellegrino.

LayerZero Foundation是LayerZero协议背后的力，希望将星际门带回折叠。 Stargate最初是由Loysero Team于2022年开发的，将通过令牌交换：1 STG以0.08634 ZRO获取。根据当前的市场价格，这本质上重视星际之门1.1亿美元。目标？根据LayerZero首席执行官Bryan Pellegrino的说法，简化操作并减少冗余。

What's in it for LayerZero (ZRO)?

layerzero（ZRO）中有什么？

By acquiring Stargate, LayerZero aims to solidify its position in the cross-chain interoperability arena. Stargate boasts a whopping $70 billion in historical transfer volume and a solid user base. Integrating this into the LayerZero ecosystem could accelerate growth and attract more users. Plus, Stargate's bridge revenues, which have been rewarding STG stakers, would now flow directly to the LayerZero Foundation, potentially funding ZRO token buybacks.

通过获取星际之门，LayerZero旨在巩固其在跨链互操作性领域中的位置。 Stargate拥有高达700亿美元的历史转移量和坚实的用户群。将其集成到层生态系统中可以加速增长并吸引更多用户。另外，已经奖励STG Stakers的Stargate的桥梁收入现在将直接流向LoyeZero Foundation，这可能会为Zro代币回购提供资金。

The Sticky Point: STG Token Holders

粘点：STG令牌持有者

Not everyone's thrilled about the deal. A major point of contention is the proposed exchange rate. Many STG holders feel undervalued, especially considering Stargate's revenue-generating potential. The loss of staking income is another sore spot, as ZRO doesn't offer equivalent yield opportunities. Some community members are even calling for a more equitable 1:1 token swap.

并不是每个人都为这笔交易感到兴奋。争论的主要点是拟议的汇率。许多STG持有人感到被低估了，尤其是考虑到Stargate的创收潜力。损失收入的损失是另一个痛苦的地方，因为ZRO没有提供同等收益机会。一些社区成员甚至呼吁更公平的1：1代币交换。

Community Concerns and Market Reaction

社区关注和市场反应

Following the announcement, both ZRO and STG saw price increases. ZRO jumped over 23%, while STG rose approximately 16.5%. However, both tokens are still trading significantly below their historical highs. The community's response has been mixed, with many STG holders voicing concerns about the swap ratio and the loss of staking rewards. The Stargate DAO will vote on the acquisition terms after a seven-day comment period, requiring a 70% supermajority for approval.

宣布这一消息后，ZRO和STG的价格都在上涨。 Zro跃升了23％以上，而STG上升了约16.5％。但是，这两个令牌仍大大低于其历史高点。社区的反应混杂在一起，许多STG持有人对掉期比和失去积分奖励的关注表示担忧。星际之门DAO将在经过7天的评论期之后对收购条款进行投票，要求获得70％的超级敬意进行批准。

The Bigger Picture: Consolidation in Crypto

大局：加密中的合并

This acquisition aligns with a broader trend of consolidation in the cross-chain infrastructure space. Projects like Wormhole, Synapse, and Axelar are also vying for dominance. LayerZero's move to absorb Stargate could be a strategic play to strengthen its position in this competitive landscape. Think of it like Binance acquiring Trust Wallet or FTX (RIP) purchasing Blockfolio – these mergers can boost liquidity and user adoption for the parent token.

这次获取与跨链基础设施空间中更广泛的合并趋势保持一致。虫洞，突触和Axelar等项目也争夺优势。 LoyeZero吸收星际之门的举动可能是一项战略性的作用，以增强其在这一竞争格局中的地位。可以将其视为Binance获取信任钱包或FTX（RIP）购买BlockFolio-这些合并可以提高父母令牌的流动性和用户收养。

My Two Satoshis

我的两个satoshis

While LayerZero's intentions seem strategic, they need to address the legitimate concerns of STG holders. A fairer swap ratio or alternative compensation mechanisms could go a long way in smoothing things over. Ignoring the community's feedback could backfire and create resentment. It's a delicate balancing act between streamlining operations and keeping the community happy.

尽管LoyeZero的意图似乎是战略性的，但他们需要解决STG持有人的合法关注点。更公平的掉期比率或替代补偿机制可以使事情变得很长。忽略社区的反馈可能会适得其反并引起怨恨。这是简化操作与保持社区快乐之间的微妙平衡。

The Bottom Line

底线

The LayerZero-Stargate merger is a bold move that could reshape the cross-chain landscape. Whether it's a win-win for everyone involved remains to be seen. One thing's for sure: the next few weeks will be crucial as the Stargate DAO weighs the pros and cons. Will this be a harmonious union, or a bumpy ride? Only time will tell. In the meantime, grab some popcorn and enjoy the show, folks! Crypto never has a dull moment, does it?

Lyzero Stargate合并是一个大胆的举动，可以重塑跨链景观。对于每个参与其中的每个人来说，这是否是双赢还是有待观察的。可以肯定的是：接下来的几周将至关重要，因为星际之门DAO权衡了利弊。这是和谐的联盟还是颠簸的骑行？只有时间会证明。同时，抓住一些爆米花并欣赏节目，伙计们！加密从来没有一个沉闷的时刻，是吗？