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Techub News Announcement: LayerZero Co-founder Bryan Pellegrino tweeted that "All remaining STG held by the DAO have been burned. The redemption contract remains open to everyone. STG has now been renamed ZRO."
Previously, Stargate tweeted that the LayerZero Foundation has officially completed the full acquisition of Stargate, including the protocol, tokens, and treasury. After the acquisition, STG tokens can be exchanged for LayerZero's native token ZRO at a fixed rate (1 STG = 0.08634 ZRO), and the redemption window will remain open long-term.