/biz/ - Business & Finance

Why is statera so popular on /biz/? What do the autists here know that I do not?

>>22280281
You have made it anon. See you on the yacht EONY.

>>22272059
I know. You know. We know.

>>22237520
Hey medfren, you can buy back in now :)

Biz mentions what?

>>22182500

>>22180553
It is unironically going to $10 EOY. $55 minimum EONY.

>>21958899
DUB DUBS CHECKED

>>21925518
>>21925576
If you have even a little imagination then you will notice the powerful positive feedback a SC powered by LINK focused on using STA to balancing a LINK fund can have. Let me know when it "clicks"

What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

In short, Statera:

1. Increases positive price pressure and decreases volatility - caused by the deflation
2. Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage
3. Deflation can be put into any index fund (Balancer pool) or other financial instrument
4. Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable
5. Diversification - You can hold many assets in the ecosystem
6. Passive income- make money while you hold your crypto (over 30% APY)

TL:DR

In simple terms the Burn function of STA is designed to create volume. In a way Statera discovered "Volume Farming".

WHEN YOU KNOW...YOU KNOW
t. bought link at 20 cents in 2018 pre-mainnet when you called it a scam.

Two of these stand out...

- ONE -> of them is a uniswap scam
- THE OTHER -> is like investing in the East India Company at the beginning of the 17th century


$RSR