Stargate V2 Launch Delay: Liquidity Pool and Bridge Postponed 24 Hours

Bittime - DeFi protocol Stargate has just announced the postponement of the launch of Stargate V2 which was originally planned for May 27 2024. So, how has the launch schedule changed? Read the article below to the end to find out!  

Updated Stargate V2 Launch Schedule

As already mentioned, the launch of Stargate V2 was originally scheduled for May 27 2024. However, Stargate announced delays and schedule changes, namely:

• May 28, 2024, 12:00 UTC or 19:00 WIB: Launch of Liquidity Pool V2 and incentive program.
• May 29, 2024, 12:00 UTC or 19:00 WIB: Bridge V2 Activation.

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Impact of Target V2 Launch Delay

Although the reason for the delay was not stated in detail, the announcement emphasized the importance of ensuring a smooth and safe launch.

This delay is not expected to have a significant impact on users. Users can still participate in Liquidity Pool V2 and take advantage of the incentive program starting May 28, 2024.

Despite the delays, the launch of Stargate V2 is worth looking forward to. With improved features and incentive programs on offer, V2 has the potential to attract more users and increase liquidity in the Stargate ecosystem. 

What is Stargate V2?

Stargate V2 is the latest iteration of the Stargate protocol. The launch of V2 promises improved performance, security and user experience. 

One of the main features of V2 is Liquidity Pool V2 which is claimed to be more efficient and offers more attractive incentives for liquidity providers.

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Liquidity Migration

For users currently participating in the previous version (V1) of Liquidity Pool Stargate, the liquidity migration process will be carried out automatically. 

Stargate advises users to read the full announcement thread to get detailed information about the migration process.

Stay tuned to Stargate for more information regarding the V2 launch and liquidity migration process.

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How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

Stargate Launches V2 with New Features in Late May 2024

Stargate Community Launches Proposal for LayerZero Token Distribution

Towards the Future of $STG: Launch of Stargate V2 Marks a New Era of Interoperability

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.