/biz/ - Business & Finance

WHAT WAS THAT

O shit we pampin

>>22041551
Good info.

Now we can talk about STA’s utility: why would people demand STA? What does it do?

Balancer gives a return of 1% of total transactions volume that happened from all the rebalancing. Remember, rebalancing does not only happen from STA’s ripple effect mentioned above, but it also happens when the other 4 coins move in price (which by the way means more STA is burnt). That 1% on volume does NOT mean you get 1% on what you are pooling. It means the following:

Example: if you are pooling $10,000 and there is a total of $100,000 being pooled, with a 24h rebalancing volume of $50,000, then you will receive = ($50,000 x 1%) x ($10,000 / $100,000) = $50. Your daily rate of return is therefore $50 / $10,000 = 0.005, which means an annual rate of return of 0.005 * 365 = 183%. People called Phoenix’s return as scam because they are high, but they are not a scam but actually STA’s genius.

A lot would be very happy with such return, making them want to pool. You would think that as the pool gets bigger, your portion of the reward gets smaller but remember that when people pool, STA is being transacted and burnt, causing the rebalancing volume to rise and therefore increasing the 1% total reward as well.

The Balancer also balances liquidity / fee income demand: if liquidity provider believe they can get higher interest in other defi, they will remove their liquidity from Balancer. But then this leads to an increased fee income to those who have not removed their liquidity (MINDFUCK). Keep in mind all this burns STA as well.

Now add to the above all the demand action from wanting to buy and hold or buy and trade.
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 OP will keep repeating itself.

>>21968578
Bullish af.

>>21935555
>checked
How does $2,000,000 sound?

WE MOONING BOIS STRAP IN $10 EOY IS FUD
$100 EONY IS FUD

>>21929605
WHAT WAS THAT???

>>21903915
.

WHAT WAS THAT???
>0.21

DID YOU SEE THAT??????
FUCK NIGGERS
FUCK KIKES
FUCK JANNIES
FUCK TRANNIES
FUCK PAJEETS
FUCK FUDDERS
FUCK CHINKLINKERS
SWINGIES GET THE ROPE EDITION
YOU HAD .0000000001 DAYS

>>21811419
Fuggin based pollack. That would be make it money then

CHINKLINKERS GET THE ROPE EDITION
FUCK NIGGERS
FUCK KIKES
FUCK JANNIES
FUCK PAJEETS
FUCK GOOKS
FUCK TRANNIES

FUCK PAJEET FUDDERS
SWINGIES GET THE ROPE EDITION

>>21796801
Based, i got 7.5k (would buy more but im a wagie) and im hodling for at least 6 months

Hodling my 7.5k for at least 6 months boys.

>>21780404
Honestly if you dont buy the dip then grip this shit tighter than a nuns asshole for at least the next 6 months youre missing out

WTFFF PNK NIGGERS BTFO
FUCK KIKES
FUCK NIGGERS
FUCK JANNIES
FUCK TRANNIES
FUCK PAJEETS
SWINGIES GET THE ROPE

WHAT WAS THAT???

Got 158 STA, ready for the million dollar moon mission

The exchange is Kucoin. It took longer than expected because they made an API to actually burn on trades. Buy before it's official.

Is the crabb really gone???