/biz/ - Business & Finance

Ignore the hate comments theres someone on the line who wants to speak with you

Also do you still hold? Also won't it be awkward going to the gym now since she's always there? What are you going to do if next times you visit she will apologize furiously and annoyingly for things she's done in the past?

>>23475932

>>23254545
Statera can't rug. Dev wallet doesn't really have anything, largest holder is 6% or even a little less.

Telegram is going crazy, comfy getting in this early.

>>22787165

Btw the ride is not done yet. But I needed to derisk. Not a numb skull bagholder. Maybe you will learn from your mistakes OP

>>22246312
>Remember patience is a virtue

>>21927267

16 weeks
10 USD
Make what you will of this information

>>21816818
STA

>>21666162
>Invents Volume Farming

Let’s assume that for one day every cryptocurrency stays flat except ETH. What would happen?

1. The value of Delta will go up and the 50:50 ratio would be out of sync, ETH would need to be sold and STA bought to keep the locked in split. This causes STA to burn

2.The Phoenix fund is 30% ETH and 40% Delta. It would then need to sell both assets and buy wBTC, Link and SNX to keep the predetermined asset weights. So now both Delta and Phoenix are back in balance, but it doesn’t stop here

3.As Phoenix sold Delta there is a negative impact on the price, but the actual quantity of ETH and STA inside of it didn’t change after point 1. As a result, it would be beneficial to unmint Delta to realise the full value of the underlying assets. This unminting process causes STA to burn. Something like this is generally done by arb bots.

4.But now as some STA has been burnt there is upward price pressure and the inverse of point 1 happens. STA is now sold to buy ETH, causing STA to burn. Initially this may not be significant but as supply decreases the impacts of this will get bigger.

5.Point number 4 means that the value of Delta has changed, which means Phoenix needs to sell Delta and so the cycle goes back to point 2
Please note, that the impacts of point 4 and 5 are probably too small to see this early in the project but it doesn’t mean it’s not happening.

Now remember there is zero chance that ETH is the only asset to move in price for the day. THEY WILL ALL MOVE.

Now think how many indices Statera will be putting out on platforms like balancer (yes balancer will not be the only one).

Multiple index funds on multiple platforms with different pools using the Delta coin.

STA will be the most used coin in Defi soon.

------------

TL:DR

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

>>21627025
STA

https://www.probit.kr/app/exchange/STA-KRW

>>21622222
checked

1usd eom
screen cap this

>"It's for you anon. You are going to pickup?"

unironically FUD'ers of STA will be pink wojaking' when it reaches $2 EOY

"Here, anon. It's for you. You are going to pickup right?"

>>21477777
O fuck

>>21477598

>>21390142
>>21390194
Thanks bros, I truly believe we're all going to make it

Trips and we go straight to 1000

>>21327872
I put in 500 a few weeks ago when it was 7.77 and now I've more than doubled my investment and I'm a brainlet poorfag retard. Link is for people like us, it takes born losers and turns them into winners. Go in anon, we're going to make it.