[Upbit] Stargate Finance (STG), LayerZero (ZRO) Notice urging caution

Hello. This is Upbit, the most trusted global standard digital asset exchange.

Stargate Finance (STG) and LayerZero (ZRO) have been issued a notice of caution by the Digital Asset Exchange Council (DAXA). DAXA may, for investor protection, jointly take measures such as issuing a notice of caution, designating trading watchlist items, and terminating trading support.

We provide detailed information below; members who hold the relevant digital assets should please check the following.

STG(Stargate Finance, Stargate Finance), ZRO(LayerZero, LayerZero)

• Stargate Finance (STG) and LayerZero (ZRO) published a proposal in August 2025 regarding LayerZero's acquisition of Stargate. As the vote on the proposal passed on August 24, 2025, Stargate Finance (STG) is expected to be merged into LayerZero (ZRO). Accordingly, members should take note of the potential increase in price volatility of Stargate Finance (STG) and LayerZero (ZRO).

Information regarding LayerZero's acquisition of Stargate

• On August 11, 2025, the LayerZero Foundation published a proposal for the acquisition of Stargate. The related governance vote was conducted from August 17, 2025 to August 24, 2025 and passed.

• Reference: [Proposal regarding LayerZero's acquisition of Stargate](https://stargate.discourse.group/t/layerzero-foundation-acquisition-of-stargate-stg/682/1)

• Reference: [Vote regarding LayerZero's acquisition of Stargate](https://snapshot.box/#/s:stgdao.eth/proposal/0xf5516dd3c7c19d3182431ebac9af33abffdcba74a3440fdf851a96e58784d25c)

• Reference: [Post regarding the confirmation of the acquisition by the LayerZero Foundation](https://x.com/LayerZero_Core/status/1959411168805843093)

• Reference: [Post regarding the confirmation of the acquisition by the Stargate Foundation](https://x.com/StargateFinance/status/1959414364991324647)

• According to the governance vote result, all STG will be swapped to ZRO at a rate of 1STG : 0.08634 ZRO.

• Upbit will communicate closely with the Stargate Finance team and the LayerZero team to safely protect members' assets, and if any additions or changes occur, we will provide further notice through this announcement.

Members of the Digital Asset Exchange Council (DAXA) may take measures such as issuing a notice of caution, designating trading watchlist items, and terminating trading support for investor protection. DAXA member companies are reviewing the digital assets they support for trading and monitoring market conditions, and in the event of a crisis requiring investor caution, they will continuously implement investor protection measures through prompt information provision and response.

Upbit will always do its best for your safe trading.

Thank you.

※ Virtual assets are high-risk products and may result in the loss of all or part of the invested funds.

*This information is generated automatically.