Bridged Dai Stablecoin (Stargate)
1. Summary
- Description
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Overview of Bridged Dai Stablecoin (Stargate)
Overview of Bridged Dai Stablecoin (Stargate)
Bridged Dai Stablecoin (Stargate), symbolized as DAI, is a digital asset that enables the transfer of stablecoins across different blockchain networks efficiently. It operates as a fully composable native asset bridge, allowing users and applications to trust that transactions committed on the source chain will arrive on the destination chain. This bridge leverages a shared liquidity pool across multiple chains, which enhances liquidity for users and applications.
Stargate is a decentralized application built on LayerZero, focusing on solving the bridging trilemma. The platform ensures the reliability and speed of transactions, eliminating the need for wrapped assets that require additional swaps and associated fees.
Founder and Partners
The founders of Stargate include Bryan Pellegrino and Caleb Banister. The platform has partnered with several notable organizations, including Chain BNB Smart Chain, Quantstamp for audits, and Zokyo.
Functionality
Stargate facilitates the transfer of stablecoins, ensuring that transactions are fast, reliable, and secure. The protocol aims to improve the efficiency and capital management of liquidity-pool-based bridges by eliminating the need for third-party bridges and reducing fees.
Market Status
Bridged Dai Stablecoin (Stargate) operates on multiple exchanges, with its most active trading pair on the 10KSwap platform.
| Price | |
| 52W High price | $1.01 |
| 52W High date | 10th Aug 2023 (1 year ago) |
| All Time High (ATH) Date | 10th Jan 2025 (5 months ago) |
| All Time Low (ATL) Date | 10th Jan 2025 (5 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $856.00 |
How does Bridged Dai Stablecoin (Stargate)'s () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
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Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 15,089 |
| Twitter followers | 230,470 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://stargate.finance/ |
|---|---|
| Explorer | https://ftmscan.com/token/0x91a40C733c97a6e1BF876E... |
| @StargateFinance |
What is the correct contract address for Bridged Dai Stablecoin (Stargate)?
| Fantom | 0x91a40c733c97a6e1bf876eaf9ed8c08102eb491f |
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Has Bridged Dai Stablecoin (Stargate) been audited for security?
No security audits found for this project.
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