Decentralized finance (DeFi) protocol Stargate Financeciting the large amount of STG tokens under the control of bankrupt Alemeda Reserah, offered to issue tokens again.
In a blog post shared by Stargate on Feb. to be re-exported was brought up. The developer team stated that they made a decision in line with the opinions of the community, In march users by re-exporting the entire token supply. 1:1 ratio He plans to give it back.
As the reason for this step taken Alameda‘s large investment in the project and suspicious account movements in linked wallets were put forward. Alameda launched the STG token last March. 10% of the total supply purchased for investment and March 2025He had promised to lock it until
The Stargate team aims to avoid the negative impact of Alameda, which has lost wallet control and is full of security vulnerabilities thanks to the re-issuance of tokens. This constructive step was also reflected positively on the STG token price. CoinGecko data in the last 24 hours 20% rise At the time of writing the token news that performed From $0.724605 is being traded.