Wormhole plans to acquire Stargate at a high price and requests a suspension of the "LayerZero acquisition of STG" vote

LayerZero has proposed acquiring Stargate (STG) for approximately $110 million in ZRO tokens, but Wormhole believes this offer undervalues the Stargate protocol's assets and growth. Wormhole plans to submit a higher bid and request a five-day suspension of the current snapshot vote to allow for the completion of the bidding process and protect the interests of STG holders.