Binance’s completed merge means eligible STG held on Binance was converted to ZRO at 1 STG = 0.08634 ZRO. Binance says STG deposits and withdrawals are no longer supported; the supplied notice does not say that Stargate’s bridge or application has shut down. Binance completion notice
For a holder, the key effect is a change in token exposure and ticker: the ZRO amount is 8.634% of the STG amount by token count, not a promise of equal market value. The conversion ratio itself does not establish the resulting dollar value. The supplied market-cap figures ($21M STG and $1.6B ZRO) are not enough to infer a price impact or value transfer.
LayerZero’s earlier public statement said Stargate’s economic value flows to ZRO, and that Stargate remains part of its ecosystem; this supports reading the merge as consolidating token economics under ZRO rather than declaring the bridge discontinued. LayerZero statement Stargate separately said it would deprecate support for Gravity, Camp, GOAT and Metis on October 23, 2026, and asked affected liquidity providers and Hydra holders to withdraw or bridge assets before then. That is a separate, chain-specific service change. Stargate notice
The data supplied does not establish how Binance calculated each user’s credited ZRO after rounding or fees, nor a current market price for the completed conversion.