/biz/ - Business & Finance

Someone has been spreading rumours about wrapped Statera being listed on binance smart chain

> 3 second transactions
> lower fees
> free marketing by Binance
> higher volume
> eventually getting listed on binance

Buy now or regret later

>>24864292

>>24784098
Buying* not being

>>24562428

Hello dear Biz

I am the OP of the below post, and I find it funny that FUD faggots have gone all the way to change the numbers and make the post look like it does not mathematically add up. Anyway, see below the correct post.

As I saw plenty of “I don’t understand” pic related posts, I am going to explain it to you now in details. Forget about what it is being marketed as: index/deflationary/fund/etc… Call it whatever you want after you read the below.

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.

>>23631275
Just like Chainlink is a meme and has no value either am I right

I am calling it now, STA will have one more major dump that will take it below the recent low. That will be everyone's last chance to load up their bags at cheapest possible prices. Then, around the time when we see the supply to reach around 85m (I imagine about 1-2 weeks) It will gradually pump resulting in a bullrun that will last about a month and finish with a price of around 60-80c. After that it will dump back to around 20c.

>No shill/fud edition, discussion only.

Statera (STA) is a smart contract powered Indexed Deflationary Token (IDT), which synergizes with a trustless and community driven portfolio of class-leading cryptocurrencies.

Every trade for Statera creates an arbitrage opportunity. Trading attracts liquidity, which in-turn attracts trading. Liquidity ripples and the supply of Statera decreases.

>Project video
https://m.youtube.com/watch?v=0-gE99bVJag [Open] [Embed] [Embed]

>Etherscan
https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

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

>Coingecko
https://www.coingecko.com/en/coins/statera

>Phoenix pool on balancer
https://pools.balancer.exchange/#/pool/0xcd461B73D5FC8eA1D69A600f44618BDFaC98364D

>Whitepaper https://stateratoken.com/assets/Statera_Whitepaper.pdf

Discussion and questions only (At least try lol)

>currently low market cap
>simple, solid and rugproof project
>team has proven to be legit time after time
>huge pumps in the past - shown to have potential for very large jumps
>solid support line met, great entry point

Statera (STA) is a smart contract powered Indexed Deflationary Token (IDT), which synergizes with a trustless and community driven portfolio of class-leading cryptocurrencies.

Every trade for Statera creates an arbitrage opportunity. Trading attracts liquidity, which in-turn attracts trading. Liquidity ripples and the supply of Statera decreases.

>Project video
https://m.youtube.com/watch?v=0-gE99bVJag [Embed] [Embed] [Embed]

>Etherscan
https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

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

>Coingecko
https://www.coingecko.com/en/coins/statera

>Phoenix pool on balancer
https://pools.balancer.exchange/#/pool/0xcd461B73D5FC8eA1D69A600f44618BDFaC98364D

>Whitepaper https://stateratoken.com/assets/Statera_Whitepaper.pdf

>currently low market cap
>simple, solid and rugproof project
>team has proven to be legit time after time
>huge pumps in the past - shown to have potential for very large jumps
>solid support line met, great entry point

Statera (STA) is a smart contract powered Indexed Deflationary Token (IDT), which synergizes with a trustless and community driven portfolio of class-leading cryptocurrencies.

Every trade for Statera creates an arbitrage opportunity. Trading attracts liquidity, which in-turn attracts trading. Liquidity ripples and the supply of Statera decreases.

>Project video
https://m.youtube.com/watch?v=0-gE99bVJag [Embed] [Embed]

>Etherscan
https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

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

>Coingecko
https://www.coingecko.com/en/coins/statera

>Phoenix pool on balancer
https://pools.balancer.exchange/#/pool/0xcd461B73D5FC8eA1D69A600f44618BDFaC98364D

>Whitepaper https://stateratoken.com/assets/Statera_Whitepaper.pdf

STA is about to moon again thanks to all the elaborate FUD which Im pretty sure everyone recognizes as massive buy signal at this point. Load your bags, 3rd wave moon imminent.

>>21698186
Realistically if you hold it will be over $100,000 USD by 12/2021. If you pool and compound and hold till 2025 it will be over $1 million

>>21663822
>waaaahhhh I bought ETH at $1.50 and it went down to $1

Dude...we just started and this is the most promising DeFi project in the entire space poised to literally be the BTC of DeFi.

>>21576624
How about this? I am a top 30 wallet holder and not a dev or in the silly tg group. STA is not guaranteed to make you money. It is a 30 mill mcap altcoin in a DeFi bubble with high risk and high reward based upon adoption given. Do not put your entire portfolio in this. Consider 60/20/20 LINK/ETH/STA for balance if interested and to mitigate risk.

>>21574262
>>21574179
>>21574166
>>21574078
>>21574018
>>21573952
>>21573874
>>21573873
>>21573829
>>21573804
>>21573774
>>21573762
Can we all admit STA won and beat this anon
>>21573307
>>21573812
>>21573845
>>21573914
>>21574032
>>21574056
>>21574134
and his poor fud to the ground?

>>21563331
HAHAHAHA...to expensive for you?
>>21537077

>>21542977
When BTC, ETH, LINK pump hard STA will dump but burn twice as much and your transaction fees go up. Then if a correction happens STA goes up harder. STA is literally an IQ and delayed gratification test. If you are a low IQ instant gratification subhuman then you are not going to make money and STA is not for you.

>>21446219
Congrats to all the anons who had STA click for them. $20 EOY is nothing.

>>21446222
DIDN'T READ; NOT SELLING

What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

In short, Statera:

1. Increases positive price pressure and decreases volatility - caused by the deflation
2. Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage
3. Deflation can be put into any index fund (Balancer pool) or other financial instrument
4. Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable
5. Diversification - You can hold many assets in the ecosystem
6. Passive income- make money while you hold your crypto (over 30% APY)

TL:DR

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

>>21430527
What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

In short, Statera:

1. Increases positive price pressure and decreases volatility - caused by the deflation
2. Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage
3. Deflation can be put into any index fund (Balancer pool) or other financial instrument
4. Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable
5. Diversification - You can hold many assets in the ecosystem
6. Passive income- make money while you hold your crypto (over 30% APY)

TL:DR

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

FLASH ANNOUNCEMENT

STATERA Project made it to CoinW Exchange.

Dear Community!

Statera spreads, another exchange has listed us by its own just like Hotbit and Hoo did

Listing Details:
https://coinw.zendesk.com/hc/en-us/articles/360052144894

Exchnage link: http://33s.co/ATwq


Note: This is different from the upcoming Exchange Updates.

#WeAreAllStatera