/biz/ - Business & Finance

>>21246537
Statera likes you too

The Developer wallet is selling STA for wETH. It is using that wETH to pool in Balancer and provide liquidity on Uniswap, you can verify this. Looking back past today you will see it is constantly acquiring BAL, Compound, Lend (our new pool) and WBTC, Eth, Link, SNX (our original pool). Currently we are putting all profits back into the project providing liquidity for sThanos to be as effective as possible, increasing fees paid to everyone, and getting our pool noticed. We are also giving back to our community, for instance this is where the Uniswap liquidity tokens will come from for providers of liquidity to our new Liquidity Mining Pool.

All STA sold today (as with all STA in the past) is going back into the ecosystem, we believe in this project just as much as you do.

Long term this is very good for STA, and we are thinking LONG TERM. But we hear you. We will be taking down our sell orders.

We did just tell you not to sell STA for BPT (and please continue to not do that), the Dev Wallet is selling STA for WETH and then doing four token pooling, which is slightly better, the Dev Wallet holds only STA so this is the only and best option. These orders will continue to go up in the future (though we will try to be more intentional about timing and size) as we add liquidity to the pools and pay for marketing/development.

Also Balancer Pools has decided not to whitelist Statera because they foresee a pool being able to abuse the deflation of Statera, for this to happen over 99% of the pool liquidity would have to be held by one single actor. So as long as you are not in a pool that is 99% held by one person, there is no risk.

This means our Pool will only receive 80% of the BAL rewards moving forward, this still equates to roughly 13% monthly ROI and over 100% annual ROI. We are in discussions with Balancer to get STA whitelisted ASAP.

Continue to give us feedback and know that we are listening. We are going to put crytpocurrency in every portfolio on earth!

God
STA
In that order

$373k pooled liquidity!

>What is STA?
A decentralized and trustless deflationary Index Fund token:
https://stateratoken.com/ is the official website with the official medium, twitter, telegram and github links at the bottom of the main page.
THANOS the balancer: https://noproxy.pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682
Contract: https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>How does it work?
https://medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d
https://medium.com/@stateraproject/statera-a-breakdown-of-the-ecosystem-6fa99e98caa1

Be sure to carefully read the links above to understand the project and check out the several medium articles and twitter anouncements (links on the official website).

>Where can I buy?
https://uniswap.exchange/swap?inputCurrency=0xa7de087329bfcda5639247f96140f9dabe3deed1 (Check for yourself here: https://stateratoken.com/ --> "Trade")
https://bamboorelay.com/trade/STA-WETH
https://www.saturn.network/exchange/ETH/order-book/0xa7de087329bfcda5639247f96140f9dabe3deed1
https://mesa.eth.link/#/trade/

>Where do I see the price?
https://uniswap.vision
https://www.coingecko.com/en/coins/statera

>How do I add liquidity to the balancer?
https://medium.com/@stateraproject/providing-liquidity-for-sta-with-one-token-on-balancer-lp-53356297a1ea

>Is it safe?
It has been audited: https://medium.com/@stateraproject/statera-audit-8d4cb94e9b32


Some tips on how to pool liquidity and help the project grow while collecting BAL and enjoying passive income:
>use ETH or one of the other coins to pool, the excess of these coins is sold and STA is bought to balance it: STA price goes up
>when pulling out, pull out in STA, the balancer will sell the other 4 coins and buy STA to make up the missing amount: STA price goes up

We are please to announce that we will be having an AMA session with DETECTIVE ID (An Indonesian crypto group)
AMA Details can be found on https://twitter.com/DetectiveID1/status/1275696754894221313

website: https://detective.id/
Telegram: @DetectiveID