Swapping STG for ZRO: Two Deadlines, One Fixed Rate and a 32 Percent Discount

If you still hold Stargate tokens (STG), you now have an expiry date in the calendar: after December 15, 2026, STG can no longer be converted into ZRO. LayerZero announced this in its ecosystem update on September 15, 2026, and it is the first time an end date has been named for this swap at all. Until now it ran indefinitely. For most holders, however, an earlier deadline bites first. On September 18, Binance announced that it will carry out the swap for its own customers — and will halt trading in STG on October 6, 2026 at 03:00 UTC for that purpose. Half an hour later, at 03:30 UTC, STG deposits and withdrawals will be suspended and, according to the announcement, no longer supported. If you still want to send your tokens to the exchange, the deposit has to be fully completed before then. And then there is the figure that nobody has written about so far. The swap runs at a fixed ratio of 1 STG = 0.08634 ZRO. That ratio comes from the acquisition proposal of August 2025. Recalculate it with today's prices and you receive considerably less for your STG than the same tokens still cost on the open market. How much less is set out below, with the arithmetic. Until when can you swap STG for ZRO? Two deadlines, not one The two dates belong to different houses and apply to different people. It is worth keeping them apart, because whether you have to do anything at all hangs on the distinction. October 6, 2026 applies to you if your STG sit at Binance. The exchange states verbatim in its announcement that it will handle all technical requirements for the users involved. So you do not have to click anything. But trading ends on that day, open orders are deleted, and the route for deposits and withdrawals closes half an hour later. December 15, 2026 applies to you if your STG sit in your own wallet. LayerZero puts it this way: the swap will remain available until December 15, after which conversions will no longer be supported. Until then the project says it is working with exchanges, market makers, custodians and ecosystem partners to accompany the transition. A token merge is simply the consolidation of two tokens into one: one is withdrawn, the other remains, and a rate fixed in advance governs how many new units you receive for your old ones. Here STG is withdrawn and ZRO remains. The 1 STG = 0.08634 ZRO ratio is fixed, the value it delivers is not The ratio has been settled for more than a year.