/biz/ - Business & Finance

>>24864893
I'm new to TA. What is this pattern called?

>December 12th
Sounds good, somewhere close to the Dashboard release

>Post by random anon

Statera is NOT an index fund. It is a DEFLATIONARY TOKEN DESIGNED FOR USE IN AN INDEX FUND or BALANCER POOL. The reason for the low prices, low volume and negligible effect on current pools is because there is no widespread or large-scale adoption yet. And like literally ANY technology, it doesn't matter how innovative it is if no one uses it.

In an ideal world of MASS ADOPTION, STA would be widely used to ADD POSITIVE PRICE PRESSURE to index funds and the crypto market as a whole via its burn function forcing pools to REBALANCE UPWARD for the CONTINUAL DEFLATIONARY INCREASE IN STA PRICE. An effect which would RIPPLE through ALL STA BASED ECOSYSTEMS due to the sheer amount of trades/burns being actuated at once.

And that’s not even accounting for changes in other pooled asset's prices, which REBALANCE STA and BURN EVEN MORE.

Do you see why this token could be a total game changer now?

>>24572031
Personally prefer the red arrow, but here you go.