The exchange rate gap between $ZRO and $STG is only 0.06% left. The market has priced in Binance’s announcement that support for STG will be merged into ZRO.
Based on the official rate of exchanging 1 STG for 0.08634 ZRO, the STG spot price is almost exactly tracking its exchange value. ZRO’s 24-hour trading depth is about 10.6 times that of STG, so after the migration, both the price and liquidity should be assessed based on ZRO.
There is currently no trading advantage—the fees and slippage will wipe out this small gross spread. If the spread returns to 1%+ and holds for 2 hours, the current assessment becomes invalid; next, evaluate again by subtracting costs using the available tradable depth. If Binance adjusts the exchange ratio or schedule, update the analysis according to the new announcement.
#ZRO #STG #Token Merge
Based on the official rate of exchanging 1 STG for 0.08634 ZRO, the STG spot price is almost exactly tracking its exchange value. ZRO’s 24-hour trading depth is about 10.6 times that of STG, so after the migration, both the price and liquidity should be assessed based on ZRO.
There is currently no trading advantage—the fees and slippage will wipe out this small gross spread. If the spread returns to 1%+ and holds for 2 hours, the current assessment becomes invalid; next, evaluate again by subtracting costs using the available tradable depth. If Binance adjusts the exchange ratio or schedule, update the analysis according to the new announcement.
#ZRO #STG #Token Merge
