Stargate Foundation CEO, Angus Lamps, spoke at the Abstract Summit hosted by Connext today. He stated that the burn and mint model for cross-chain asset transfers is infinitely scalable and eliminates the need for solvers or AMMs on different chains. He highlighted that this model significantly reduces costs, with a transfer of $330 million worth of Bitcoin costing only about $0.04. He further emphasized that multi-chain tokens are an effective solution to fragmented liquidity.