TechFlow news: The native STG token of cross-chain bridge protocol Stargate Finance surged 13% in the past 24 hours after the company announced plans to partner with Trader Joe, a decentralized exchange built on Avalanche, to unlock omnichain fungible tokens. The collaboration with Trader Joe means Stargate will support the JOE token without requiring Trader Joe to maintain a liquidity pool on its platform.
STG recently climbed from around 60 cents a day ago to 92 cents. According to cryptocurrency data aggregator CoinGecko, STG has risen approximately 50% over the past seven days and is up 150% year-to-date.
Earlier news: Trader Joe announced on Twitter that it will integrate LayerZero. The Trader Joe-native JOE token will become an omnichain fungible token (OFT), allowing users to transfer JOE across chains such as Avalanche, Arbitrum, and BNB Chain.Original link
