/biz/ - Business & Finance

Devs Hyped Edition

>What is Stacks?
An ERC-20 index fund along the lines of Statera and Stonks

>So it’s a clone?
No. Stacks is redesigned from the bottom up to provide a different approach to decentralized index funds. One of the things that sets Stacks apart is a brand new minting method we are calling Proof of Spread Liquidity. Spread liquidity is an injection fixed assets into the pool taken directly from profits of the upcoming public sale. No one has access to the liquidity funds but the people buying and selling Stacks.

>What does that mean?
It means that your index token is backed by the capital that minted it. It’s not just an index token, it’s an index token that gives you a share of permanent liquidity spread over an index fund like Statera. And it still functions exactly like an index fund. It’s an index fund with a large shot of decentralized capital backing the value of the token.

>So these are locked dev funds?
No! Devs own 0% of the token supply. This liquidity isn’t “locked” because it can’t be “unlocked”. It doesn’t belong to devs. It is a permanent source of value backing the index token, before a single person has even decided to pool.

>Where do I buy it?
As of now, you can’t. The token will be minted during a public sale during which the funds for the liquidity injection will be raised. ETH spent during public sale will back spread over the asset spread to back the token directly.

Website launched last week. Public sale starts in two days. Whitepaper already published and will be promptly ripped off by index funds to come.


stkstoken.com
https://twitter.com/StacksToken
discord: YfnUhcZ
contract @ 0x9dd19d747495e8148a535a179a5af1cf618bd0fa
https://pools.balancer.exchange/#/pool/0x78D7f361b99523D2510fE97ECccC38AE15cC5a31
https://medium.com/@stackstoken/the-stacks-model-backing-an-erc-20-index-token-by-means-of-a-crowd-sourced-initial-liquidity-965aacbdf78a

Social Media Edition

>What is Stacks?
An ERC-20 index fund along the lines of Statera and Stonks

>So it’s a clone?
No. Stacks is redesigned from the bottom up to provide a different approach to decentralized index funds. One of the things that sets Stacks apart is a brand new minting method we are calling Proof of Spread Liquidity. Spread liquidity is an injection fixed assets into the pool taken directly from profits of the upcoming public sale. No one has access to the liquidity funds but the people buying and selling Stacks.

>What does that mean?
It means that your index token is backed by the capital that minted it. It’s not just an index token, it’s an index token that gives you a share of permanent liquidity spread over an index fund like Statera. And it still functions exactly like an index fund. It’s an index fund with a large shot of decentralized capital backing the value of the token.

>So these are locked dev funds?
No! Devs own 0% of the token supply. This liquidity isn’t “locked” because it can’t be “unlocked”. It doesn’t belong to devs. It is a permanent source of value backing the index token, before a single person has even decided to pool.

>Where do I buy it?
As of now, you can’t. The token will be minted during a public sale during which the funds for the liquidity injection will be raised. ETH spent during public sale will back spread over the asset spread to back the token directly.

Website launched last week. Public sale starts in three days. Whitepaper already published and will be promptly ripped off by index funds to come.


stkstoken.com
https://twitter.com/StacksToken
discord: YfnUhcZ
contract @ 0x9dd19d747495e8148a535a179a5af1cf618bd0fa
https://pools.balancer.exchange/#/pool/0x78D7f361b99523D2510fE97ECccC38AE15cC5a31
https://medium.com/@stackstoken/the-stacks-model-backing-an-erc-20-index-token-by-means-of-a-crowd-sourced-initial-liquidity-965aacbdf78a

The dust has settled. The deflationary aspect of STA and STONKS opened exploits in the balancer pool which allowed someone to to drain all the funds. Do you remember which index fund was announced just a couple days ago? You know, the one which took the coin burn out of the contract to ease integration problems? If not, don't fret. You will know it soon enough.

The first gen ERC-20 index funds are officially done. Second gen is here.

stkstoken.com

>>19990453
This was obvious to anyone with a background in finance, or economics, or people who understand how fractions work. Buy Stacks when the public sale starts

>What is Stacks?
An ERC-20 index fund along the lines of Statera and Stonks

>So it’s a clone?
No. Stacks is redesigned from the bottom up to provide a different approach to decentralized index funds. One of the things that sets Stacks apart is a brand new minting method we are calling Proof of Spread Liquidity. Spread liquidity is an injection fixed assets into the pool taken directly from profits of the upcoming public sale. No one has access to the liquidity funds but the people buying and selling Stacks.

>What does that mean?
It means that your index token is backed by the capital that minted it. It’s not just an index token, it’s an index token that gives you a share of permanent liquidity spread over an index fund like Statera. And it still functions exactly like an index fund. It’s an index fund with a large shot of decentralized capital backing the value of the token.

>So these are locked dev funds?
No! Devs own 0% of the token supply. This liquidity isn’t “locked” because it can’t be “unlocked”. It doesn’t belong to devs. It is a permanent source of value backing the index token, before a single person has even decided to pool.

>Where do I buy it?
As of now, you can’t. The token will be minted during a public sale during which the funds for the liquidity injection will be raised. ETH spent during public sale will back spread over the asset spread to back the token directly.

Website launched minutes ago. Public sale starts in one week. Whitepaper already published and will be promptly ripped off by Statera and Stonks.

stkstoken.com
https://etherscan.io/token/0x9dd19d747495e8148a535a179a5af1cf618bd0fa
https://pools.balancer.exchange/#/pool/0x78D7f361b99523D2510fE97ECccC38AE15cC5a31
https://www.stkstoken.com/whitepaper.html

Social media coming soon.

gen one, meet gen two

>>19935776
Yep, this is key. Remember, when you are buying a token, ask yourself "where does the value comes from?" We at Stacks call this circular value trap the "whirlpool problem". And, we think we solved it. If you are interested in ERC-20 index funds like STA, keep your eyes peeled for Stacks. Website launch tomorrow, whitepaper, source code, the whole deal.

stkstoken.com

Okay /biz/, in honor of Stacks' release tomorrow, I will answer three (good) questions about the project

I hope you're all ready for the future of ERC-20 index funds...

stkstoken.com

Soon.

http://www.stkstoken.com/