/biz/ - Business & Finance

I've been invested in this project since the first day, and I have been thinking about the best way to describe Statera for a while. Despite the astonishing success of Hex, most of the wider cryptocurrency community want to see some kind of "real world" value in a token, not just "price go up".
Fortunately, Statera actually has an excellent value proposition in addition to its amazing tokenomics. Before I elaborate on that, we need to understand the true importance of the liquidity pool. Some of you may be wondering: except for supporting the value of Statera, why does it matter that we all contribute to a single index fund instead of just each making our own one? The Balancer project allows anyone to make their own pool after all.

The simplest answer is that this project is about much more than just an index fund. It is about the decentralization of liquidity.

At this point in time, the cryptocurrency marketplace is still dominated by large centralized exchanges. These exchanges destroy the possibility of privacy and sometimes abuse their power, as we saw with the Steemit debacle.
Decentralized market makers such as Uniswap and Balancer provide a solution to this problem, but their liquidity is still dwarfed by that of the larger CEXes.

Statera, in combination with the Balancer, can help decentralization win the day. By providing a strong incentive for investors to pool their funds, Statera allows us to bootstrap a large and fast-growing liquidity pool which rewards contributors with fees and supports the price of Statera. As the liquidity pool grows, it becomes more profitable, since it allows for larger swaps to occur with negligible slippage. Imagine the potential revenue of a liquidity pool that can accomodate transactions worth 1, 10 or 100 BTC.

If our pool can grow to such an extent, we will have proven that Statera is the killer app of deflationary currencies and decentralized liquidity pools. We will usurp the thrones of CZ and Brian Armstrong

Post Your /Comfy/ Face

Just bought more..........and it feels so good