The Stargate DAO has approved LayerZero Foundation's acquisition bid with nearly 95% support, despite last-minute competing offers from Wormhole, Axelar, and Across. LayerZero modified its original proposal to address concerns from Stargate token holders, ensuring revenue-sharing for veSTG holders post-acquisition. The deal, valued at around $120 million, is framed as a significant milestone in crypto mergers and acquisitions.