The Wormhole Foundation has announced its intent to acquire the cross-chain protocol Stargate and has requested a five-business-day suspension of the ongoing Snapshot vote to complete due diligence and submit a more attractive formal bid. Wormhole stated that LayerZero’s acquisition proposal, which values STG at approximately $110 million, does not adequately reflect Stargate’s growth trajectory. https://t.co/7z6s8EMxIy ...