/biz/ - Business & Finance

pic related

He left because it was a shit project and dumped his stack over time. Retards FOMO'd in and created fake hype. Enjoy your bagholding.

>>22943109
This pic is unironically what me buy the first day. Nothing tops this autistic stare

STONKS was a pathetic look-alike that lacked a proper vision for the future. It was a meme with no substance.
XMM is not even worth looking at. It doesn't even have a product worth to sell, and barely manages to stay afloat while partnering with another literally who project with no real usecase.
AXIAAAAAAAAAAAAAAAAA has been abandoned by its devs and holders alike.
QQQF exit scammed.

The one that withstood endless amounts of FUD, survived and pumped after a hack, that has actual 4chan browsers and not discord trannies posting in its threads just like in the early days of Chainlink - Statera remains above all.

You may seethe. You may cope. But it's the truth. See you at $1 by EOY. It was said in red after all

>>22201287

>>21250593
Scott

Think he's happy? The statera mastermind

>Be top holder
>let swingies burn token by swinging
>let dolphins and nobodies pool tokens

this is a plantation and it feels good

Is there any fucking more based dev in the crypto space than this fucking genius? Scott is Satoshi confirmed.

Can someone explain is it true that Scott left and did he really sell his STA?

>>19944326
>this much copium

ohhhhh I am lafffffiinnnnnn

>How do I check TXs?
Statera Token Tracker: https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
Uniswap contract: https://etherscan.io/address/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Balancer AKA Thanos
https://etherscan.io/address/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682
https://balancer.finance/whitepaper

>Scott's nerdy ass tryin to educate you stupid fucks
https://medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d

>For all you Github FUDders . Finally, everyone's ears may yet recover from your screeching.
https://github.com/StateraProject

>Live Sta coinstats

https://coinstats.app/en/coins/statera

>TG Channels
Statera
Statera Price Talk (Unofficial)
Statera Announcement

>What do we do when we hit [insert amazing price milestone here]
Once we hit $1, don't dump your bags like retards, slowly shave off a percent or two once a week, and enjoy the accumulation upwards while reaping benefits along the way.

>>19793020
I don't like this pic bc you can't see his autistic stare. Here's a better one

>>19698402
>Does anyone know who controls the other balancer pools? Are those better buys?
Those are just generic pools, they aren't even close to being the same as STA. The guy using that as fud owns a stack of STA, btw. He wants people to sell so he can buy more at a cheaper price. Also, the main dev is pic related

Also, if anyone has the glowing-eyes Scott autist, I am in need

>>19693376
Based autist stare

>>19577717

So what's the pool? Benefits of adding to it?

Example:
In the beginning, all of the 5 tokens were worth $1000, so the pool size was $5000.

Now, say all other 4 tokens remained at their old value ($1000 / token), but STA did a x10, so STA value in pool is now worth $10,000.

That's much more than 20% of the pool, so the balancer must balance it out.
Note that now the pool size is $10,000 (STA) + $4000 (other 4 tokens) = $14,000.

So, to balance it out, each token should now have value of $14,000 / 5 = $2800.

To reach this goal, the balancer must sell the excess STA, and that would be $10,000 (current worth of STA) - $2800 (the new target worth of STA) = $7200.

The balancer sells the excess on various exchanges to which it has a trading bot interface to. Currently, it's only Uniswap.
Note that by selling, it performs transactions, and thus burns tokens, so the supply also decreases!

So, now that the balancer has sold the excess STA, it obtained $7200 dollars (say, in DAI coins).

Now, to balance out the other 4 tokens, it must buy $7200 / 4 = $1800 worth of each token.

So, it buys $1800 worth of ETH, $1800 worth of LINK, etc.

In the end, it's all balanced at 20% for each token - all 5 tokens are now worth $2800 dollars each!
And the total pool size remained at $14,000 dollars - so no value was lost!
Plus, you also get the trading fees, which are added to the pool!
On top of that, Balancer is now issuing BAL tokens for all liquidity providers!
You can check what it is all about here:
https://defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/

That's the magic of the balance pools.

>>19527379
Depends on how much you have. While it's above $1 (or $10 if you want to platinum hands it):
If you're a top whale, you're going to be smart and withdraw 3% annually and treat it as the index fund it is.
If you're a whale/make it stack, you withdraw 0.0001% a day.
If you're a comfy stack, you withdraw 0.01% a day.
If you're a suicide stack, you withdraw 0.1% a day.
If you're a <50K stack, you just hold onto $100+ or withdraw 1% a day.
We're going to make it bros.
>pic related, would let him fuck me in the ass

Say thank you to Scott (and Abu and all the community moderators).

This autistic son of a bitch is taking us all to the moon

HE LOOKS LIKE Brendan Fraser. I wonder if their DNA is alike too.

This absolute madman is making autistic NEETs and wagies here rich, what do you have to say to him?

>>19472829
meanwhile I'm going up to $2

>>19472378
Here's your nigerian prince

>>19458424
This. Thanos is a fucking machine buying everything back up real quick leaving swing traders behind.

>>19458295
> muh if it was this simple an other token would have done it
Congratz anon you just found the token that did it. And its a fucking based autistic dev named Scott.