Binance is winding down STG as Stargate moves to ZRO.
Binance set three STG cutoffs for today: new STGUSDT futures positions at 08:30 UTC, contract settlement at 09:00, and the end of STG margin support at 10:00. Spot is on a separate schedule and stays open until October 6.
Binance will convert STG at a fixed rate of 1 STG = 0.08634 ZRO. LayerZero says holders can also convert STG directly until December 15.
STG is not disappearing everywhere at once. Futures, margin and spot are being shut down on different schedules, while the conversion window stays open much longer. A move in STG or ZRO today does not prove the merger caused it.
Binance set three STG cutoffs for today: new STGUSDT futures positions at 08:30 UTC, contract settlement at 09:00, and the end of STG margin support at 10:00. Spot is on a separate schedule and stays open until October 6.
Binance will convert STG at a fixed rate of 1 STG = 0.08634 ZRO. LayerZero says holders can also convert STG directly until December 15.
STG is not disappearing everywhere at once. Futures, margin and spot are being shut down on different schedules, while the conversion window stays open much longer. A move in STG or ZRO today does not prove the merger caused it.