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

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

Stargate Finance (STG) and LayerZero (ZRO) have been designated as cautionary items by the Digital Asset Exchange Alliance (DAXA). DAXA may take measures such as issuing joint cautions, designating tokens requiring caution, or ending trading support jointly for investor protection.

Please refer to the details below and ensure that you review the following information if you hold these digital assets.

STG (Stargate Finance), ZRO (LayerZero)

• Stargate Finance (STG) and LayerZero (ZRO) announced a proposal in August 2025 for LayerZero’s acquisition of Stargate. As the vote for this proposal passed on August 24, 2025, Stargate Finance (STG) is scheduled to merge with LayerZero (ZRO). Please pay attention to the increased price volatility of Stargate Finance (STG) and LayerZero (ZRO).

Information on LayerZero’s Acquisition of Stargate

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

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

• Reference: [LayerZero Foundation’s Stargate Acquisition Vote](https://snapshot.box/#/s:stgdao.eth/proposal/0xf5516dd3c7c19d3182431ebac9af33abffdcba74a3440fdf851a96e58784d25c)

• Reference: [Post on the Acquisition Confirmation by LayerZero Foundation](https://x.com/LayerZero_Core/status/1959411168805843093)

• Reference: [Post on the Acquisition Confirmation by Stargate Foundation](https://x.com/StargateFinance/status/1959414364991324647)

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

• Upbit will continue to closely communicate with the Stargate Finance team and LayerZero team for the safe protection of your assets, and if there are any additional or changed matters, we will provide updates through this notice.

Member firms of the Digital Asset Exchange Alliance (DAXA) may take measures such as issuing cautions, designating tokens requiring caution, or ending trading support for investor protection. The DAXA member firms are reviewing the digital assets they support, monitoring the market status, and will continue to take protective measures for investors by responding promptly with information in emergency situations that require investor caution.

Upbit will always do its best to ensure your safe trading.

Thank you.

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

*This information is automatically generated.