/biz/ - Business & Finance

>>27400551

>>26538152
This
>>26538206
People like to make wild predictions, but you can't really take them to heart. The fact is that STA is in a bullish trend right now, and that's really all you can hope for
I have no doubt that STA will reach $1 some day, but we'll get there when we get there

>>26490384

>>26211857
Is this a prediction?

>>26059350
It's unironically as battle-tested as LINK. Balancer ordeal where the team refunded 2M USD worth of tokens, waves of fud, main dev's family getting covid at a crucial time, chinese whale dumping 7% of supply on bagholders for months, a whale getting scammed for 900k tokens which got dumped right as momentum picked up... the list goes on. Inevitable and unkillable

>>25857874
thank you for burning the supply :) feeling comfy over here

>>25713440
But anon, at that point STA has already lived for so long it's likely to stay number one. Look up the Lindy effect. The team is tested and trusted after they made that huge refund as well. Statera is currently true DeFi as there is no company or similar 3rd party entity behind it. Statera just exists and it works (much like bitcoin)

>>25466173
Fuck this chnk coin, im all in Statera, i been holding this bs for so long, they had the chance to burn tokens to reward the long time holders. But no they rewarded themselves filled their pockets. Anons be careful they give 0 fucks about investors.

>>25464666
>>25466435

>>25450565
It is the product of modern economics and technology. If you do not understand it, that is absolutely fucking fine because never EVER in the history of mankind could it be done. Not without the blockchain. Worry not though, I am here to explain.

Starting off with basics: market cap = supply x price

As an example, for 5,000 supply at $2 the market cap is: $10,000 = 5,000 * $2

Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:

1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply from 5,000 to 4,500

2- Ignore the demand/price force for STA’s utility (will get back to this point later faggots)
Since we are ignoring demand, the market cap should theoretically maintain its amount.

This burn will therefore cause price to increase:

10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.

This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.

>>24901047

>>24862908

>>24761822
>checked

>>24665174
I can vouch for this. It becomes so fucking hard to sell once you understand the concept and how it all comes together. It truly is a game-changer and DeFi is just getting started. Statera will be revolutionary, decentralization in its purest form, just like the Whitepaper states (which in itself is a manifesto)

>>24542273
This one's more than 24 hours old, my halfwitted friend.

>>24484068
Please sell your $50 stack. Please never post here again. Thank you.