/biz/ - Business & Finance

>>27475938
same process for other coins except you dont need to use such high slippage unless the other coins you're buying also have a burn or weird feature (1% minimum for statera to account for the burn function). usually 0.5% is fine for most coins unless theres high volume in which case u probably want to just use closer to 1% anyway to avoid failed transactions that will cost u a dickload of money in fees over time

you can use pools.vision to see more accurate APY of the pools, just filter by token wsta, this token works now since wsta was created its a volume machine, we are outperforming much larger pools, only a matter of time before the team pulls their head out of their ass and drops the marketing and then its fucking over for nostaters

STANOS (wSTA/LINK/wBTC/wETH/SNX)
>https://pools.balancer.exchange/#/pool/0x55353cbadda8fd525f0e6f307b3527d518416700/shares

INFINITY POOL (wSTA/STA)
>https://info.uniswap.org/pair/0xa94700c1a1ae21324e78d5bdf6b2924e45a6068f

WRAPPING STATERA
>https://youtu.be/4_ZEvYxlw2w [Embed]

POOLING IN BALANCER
> https://youtu.be/JafzpZcUpnA [Embed]

>>26632843
you're going to want to become familiar with uniswap sooner or later, it is a top 10 (more like 6) exchange by volume

>>25424959

>>25273244
whenever the pool balances 1% of the sta transaction is burned which means the balancer has to buy more sta to maintain the balance, it creates a loop of rebalancing, if there was no deflation there would be less balancing and less fees

>>25122989
also buying statera for brainlets pic related

>>25107821
dont forget you need over 1% slippage to accommodate the burn and trade in whole numbers to speed up your tx

>>25082241

>>25072334
filtered

>>24880467

>>24502348
2/2
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.

>>24303573
r u joking

>>24084764
based

>>24077558
trade whole numbers, no decimals e.g 10000
NOT 10000.324234242, change slippage to 1.1-1.5%

>>24010661

>>23982377

>>23442322

>>23412073

>Telegrams
t.me/stateratoken (Official)
t.me/stateraunofficialpricegroup (Price chat)


>Uniswap info
https://uniswap.info/token/0xa7de087329bfcda5639247f96140f9dabe3deed1

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


>Charts
https://uniswap.vision/?ticker=UniswapV2:STAUSDC&interval=1D

https://stateratoken.com/

>whitepaper/pooling tl;dr
https://i.imgur.com/yARc97c.png