
Foresight News|3月 10, 2026 03:37
[Stargate Repurchased 146,430 ZRO in February, Total Buyback Reaches 1,495,039 ZRO]
Foresight News reports that the cross-chain protocol Stargate announced via a tweet that it repurchased 146,430 ZRO in February, valued at approximately $300,000. To date, the total buyback amount has reached 1,495,039 ZRO, valued at approximately $3.14 million. According to the official statement, Stargate's revenue is currently distributed on a 50/50 basis between veSTG stakers and ZRO buybacks. Starting next month, 100% of Stargate's revenue will be allocated to ZRO buybacks.
Foresight News previously reported that Stargate tweeted that the LayerZero Foundation has officially completed the full acquisition of Stargate (STG), including the protocol, tokens, and treasury. Following the acquisition, STG tokens can be exchanged for LayerZero's native token ZRO at a fixed rate (1 STG = 0.08634 ZRO), with the exchange window remaining open indefinitely.