/biz/ - Business & Finance

>>28331891
i feel you, bought PNK ico last year around feb, been holding since. Oh well 500k pnk don't just rot away. Hope you have some other coins aswell i'm enjoying some buidl and algo gains lately which keeps the folio happy while sta crabs

>>26214046
Depends on your definition, but I don't think you need a million dollars in STA to "make it"
Let's say your STA holdings are worth $300k. If you pool that into Stanos, you'd be making roughly $138k per year in fees. That's more than enough money for most people to live off. Meaning you'd never have to work another day in your life, while still having extra money for investments or vacations or whatever. To me that's what "making it" means

>>22895610

>>22822484
2/2

Anyway we are $1.38 minimum by 11/2020.

>>22577695
Pool on uniswap, balancer, yield-farming.io for a 2x, sushiswap, toast.finance, mooniswap and more...

Soon ampl geyser pools, yfi pools, staking, more yield farming on top of increased txn fees all on the new dashboard.

Plan for marketing events coinciding with new dashboard across twitter, yt, reddit, normiebook, cointele, coindesk, blockfolio in 11/2020 followed by the next round of major CEX and DEX listings including possible kucoin vs. binance and eventual integration with Kyber and BAL on cb for the steps to STATERA on coinbase.

Eventual integration into bitwise, crypto20, bloomberg and cb index funds and SADA VC 2nd round funding for future integrations by EONY.

This means $1.22 to $12.50 EOY and $12.50 to $55 EONY.

>>22555558

>>22471746

>>22461911
checked and the sequel

>>22390177
Checked
Based
I am starting to think everyone on biz owns some statera...

>>22379898
To begin this discussion, I will ask, "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, and SNX all "balanced" with STA. 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 a STA transaction happens for buying/selling/pooling, 1% of said transaction is burned). This token burn along with tokens being locked in pools, pressures prices up to again make sure the other coins will be balanced, but also creates arbitrage opportunities across funds.


Why is increasing volume, liquidity and arbitrage useful with STATERA?
Well while pooling STATERA you earn a percent of all transaction fees in the liquidity pool. Please feel free to read the medium article outlining the first 2-3 months which came out to be an APY of 36% essentially creating dividends where there were none (https://medium.com/@stateraproject).).
The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled by balancing with ETH, BTC, SNX and LINK leads to an exponential effect and positive feedback loop on price. This leads to the concept created by STATERA known as "Volume Farming."


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 fact, I own more STATERA than some of the devs.

>>22373196
I bought earlier today, comfy hold bros.

>>22364333
CHECKED

THIS COIN IS SO COMFY

>>22344854
But what if no one uses it?

Then it fails. However, here are some possible reasons to support why it will be used include: First-mover advantage (FMA) and simply put, people are already using it. If BAL and subsequently Phoenix go on coinbase then it will not be long until STA is cemented as the industry standard. However, this is the key. If we do not utilize this tool, then it will fail. This does not mean we need more people buying it. But more people using it and allowing it to be integrated into their pools, funds, contracts, etc. If more projects integrate it then new buyers are not necessary and therefore new holders of STA are not needed to generate income using STATERA as a community balancing tool.
Why is the price so low if this project is so promising?

This project was greatly anticipated, and it is still very young (4 months old) and it was very bullish since its inception. However, BALANCER labs was hacked utilizing the STATERA deflationary mechanism which has since been fixed utilizing the Delta token. Even more impressive is that STATERA and then BAL refunded the tokens lost during the hack which given the steep increase in price of the tokens we far more money than the initial investors lost. Crypto YT personalities such as Bitboy crypto, Chico Crypto and Ivan on Tech have all promoted STATERA with Ivan and Bitboy promoting STA and the applauding the refunds separately.

Ok :)

>>22251443
Why is increasing volume, liquidity and arbitrage useful with STATERA?
Well while pooling STATERA you earn a percent of all transaction fees in the liquidity pool. Please feel free to read the medium article outlining the first 2-3 months which came out to be an APY of 36% essentially creating dividends where there were none (https://medium.com/@stateraproject).).
The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled by balancing with ETH, BTC, SNX and LINK leads to an exponential effect and positive feedback loop on price. This leads to the concept created by STATERA known as "Volume Farming."


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 fact, I own more STATERA than some of the devs.


Can’t I just hold BTC, ETH, LINK or any other coins and balance my own index fund?
Yes, but can you add in a way to collect dividends (>36% APY) on your coins based solely on their volume/trading? Can you add in a mechanism that causes constant upward pressure in your index fund? Can you capitalize on every arbitrage opportunity for all the above coins to auto-balance and make gains when possible 24/7? Can you do all of the above in a trustless and truly decentralized (largest holder ~6% of supply) manner?

>>22247692
Remember:
>most coins
It takes just as much demand/volume to pump as there was doubt/volume to dump
>STATERA
It take LESS demand/volume to pump as there was doubt/volume to dump

HOW DO YOU STILL NOT GET IT?

Everything will go down with BTC, and everything will come back up after, BUT SOME PROJECTS (STATERA) CAN COME BACK FASTER AND HIGHER. DYOR and read the fucking whitepaper :)

>>22245588
checked and yes

>>22245165
great post anon, very insightful.

guess I'll say it instead...
>STA $2 EOY

Quality memes in here

>only 10M market cap
>simple, solid and rugproof project
>team has proven to be legit time after time
>paid fud against it similar to Link
>huge pumps in the past - shown to have potential for very large jumps
>solid support line met, great entry point

Statera (STA) is a smart contract powered Indexed Deflationary Token (IDT), which synergizes with a trustless and community driven portfolio of class-leading cryptocurrencies.

Every trade for Statera creates an arbitrage opportunity. Trading attracts liquidity, which in-turn attracts trading. Liquidity ripples and the supply of Statera decreases.

>Project video
https://m.youtube.com/watch?v=0-gE99bVJag

>Etherscan
https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Trade on Uniswap
https://app.uniswap.org/#/swap?outputCurrency=0xa7de087329bfcda5639247f96140f9dabe3deed1

>Coingecko
https://www.coingecko.com/en/coins/statera

>Phoenix pool on balancer
https://pools.balancer.exchange/#/pool/0xcd461B73D5FC8eA1D69A600f44618BDFaC98364D

>Whitepaper https://stateratoken.com/assets/Statera_Whitepaper.pdf