/biz/ - Business & Finance

I want Statera at $1.38 in 2023.

>>52557480
Biggest bag is Statera. Only $300k market cap.
Aside from that, I have FTM, DEUS, RENA, LAYER.

>>25150243
Merry StaXmas ya filthy animals

Merry StaXmas, ya filthy animals

>>24901072

>>24863736

>>24683804
>>24683764
>>24683721
Whether you think it has value or not, no one can stop it. People will want to earn high interest income. Balancer will keep balancing. Statera will keep burning. And the tokenomics in my post will keep repeating itself.

Also, don’t forget all the other pools/farms/pairs/etc… that would be affected by the ripple effect which would naturally cause arbitrage and more burning to happen. Fuck man, how can people that genuinely FUD not see this?

Now we need to include the practical side to theory and all the demand action from wanting to buy and hold or buy and trade. Demand is the reason why STA is currently struggling, so we definitely cannot ignore it. In this case, demand comes from liquidity and volume provided to the pools. The team is fully aware of that, and they outright said volume will be their main focus following the dashboard.

Now I must admit, the only real struggle is volume. The project’s idea is absolutely sound and you are fucking dumb if you think otherwise. Just like I would be dumb for not admitting that volume and liquidity are not currently an issue. But once that issue is fixed, are you willing to bet against a good idea?

Post by El Professor explaining STA:

>(1/3)

It is the product of modern economics and technology. If you do not understand it, that is absolutely fucking fine because never EVER in the history of mankind could it be done. Not without the blockchain. Worry not though, I am here to explain.

Starting off with basics: market cap = supply x price

As an example, for 5,000 supply at $2 the market cap is: $10,000 = 5,000 * $2

Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:

1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply from 5,000 to 4,500

2- Ignore the demand/price force for STA’s utility (will get back to this point later faggots)
Since we are ignoring demand, the market cap should theoretically maintain its amount.

This burn will therefore cause price to increase:

10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.

This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.

>>24553750
Based, stachads will make it this bullrun

>>24511341
Based sta thread

The holiday's are coming, so is the long awaited statera pump
>December dashboard
>Marketing
>Literally can't go to zero
>Mass pooling event
>Alt bullrun soon
>Low cap
Special shout out to >>24511341 for getting 270 replies, keep 'em coming stallions