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 S...