Binance.US has successfully rescinded the Stargate Finance (STG) contract swap and reissue on the Ethereum (ERC20) network.
Deposits & withdrawals for ERC20 STG have resumed.
Buy, sell, and Advanced Trading for STG remains available.
For more information regarding the contract swap and rescinding timeline, please refer to the original announcement below.
Note: This article, originally titled "Binance.US Has Completed the Stargate Finance (STG) Contract Swap and Resumes Deposits", was last updated on March 14 at 10:20 a.m. PDT / 1:20 p.m. EDT to inform customers that Binance.US is rescinding the contract swap. Previously, this article was updated on March 11, 2023 at 12:45 a.m. EST to inform customers that deposits and withdrawals for ERC20 STG remain suspended.
On March 10, 2023, Binance.US successfully completed the Stargate Finance (STG) contract swap and reissue on the Ethereum (ERC20) network.
However, following official recommendations from the Stargate Foundation, Binance.US rescinded the Stargate Finance (STG) contract swap and reissue on the Ethereum (ERC20) network.
Deposits & withdrawals for ERC20 STG are temporarily suspended for the contract swap.
Buy, Sell & Convert and Advanced Trading for STG remain available.
New, post-contract swap STG will be swapped back to original, pre-contract swap tokens, which continue to use the original STG contract addresses.
Binance.US will handle all technical requirements involved for all users holding STG in their Binance.US accounts.
We will issue a separate announcement once the contract swap is completed and resume deposits & withdrawals when we deem the network to be stable.
If you have already withdrawn the new, post-contract swap STG tokens
Your funds are safe. Simply deposit your STG on Binance.US and we will credit the original, pre-contract swap STG to your account at a 1:1 ratio.
For more information on the notice from Stargate Foundation, please refer to their announcement: