/biz/ - Business & Finance

CONTRIBUTE TO THE POOL HERE

https://uniswap.exchange/swap?outputCurrency=0x0e511aa1a137aad267dfe3a6bfca0b856c1a3682

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.

>>19850414
NO. THE FIGHT CONTINUES.

>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

>Unofficial Discord
/vcwHF5g

>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.

>ANNOUNCEMENTS

>WEBSITE BEING UPDATED

>AUDIT: CLEAN
https://medium.com/@stateraproject/statera-audit-8d4cb94e9b32
>AUDIT: CLEAN
https://medium.com/@stateraproject/statera-audit-8d4cb94e9b32
>AUDIT: CLEAN
https://medium.com/@stateraproject/statera-audit-8d4cb94e9b32
>AUDIT: CLEAN

>FINANCIAL REPORTS OF THE LAST TWO WEEKS
(may be updated every two weeks, still putting it here for good use)
https://medium.com/@stateraproject/statera-financial-reports-b47defb58a18

>NEW EXCHANGE ANNOUNCEMENT

Hello again; we're constantly trying to branch out the ways you can purchase/trade Statera. Today we're happy to announce that we've received confirmation that Statera is now available for trading on Bamboo Relay!

The benefits of using Bamboo Relay include a live order-book, candle-stick charts and more arbitrage opportunities for 'Sthanos'. You can trade STA on Bamboo Relay here:

https://bamboorelay.com/trade/STA-WETH

Thanks guys!

>OLDER ANNOUNCEMENTS

An updated QRD on Statera and its uses
https://medium.com/@stateraproject/statera-a-breakdown-of-the-ecosystem-6fa99e98caa1

STA is listed on a new exchange that utilizes something called a "Ring Trade". This trades assets across a liquidity pool as opposed to selling each slice in chunks.
Yes, this means the audit is complete, yes this means that Kyberswap is a qualifier for upcoming listings.
Bullish.

>We are now able to be traded through the Gnosis Protocol!
The dapp to trade on Gnosis Protocol is called Mesa.
Currently we are not whitelisted on there, however, you can go to
https://mesa.eth.link/#/trade/
Upon going to that link you can input the STA contract address to trade:
0xa7de087329bfcda5639247f96140f9dabe3deed1


Statera is now recognized on the Delta app, used to track pricing and returns in your portfolio over time.

Lol the name of this thread

UNOFFICIAL EXPLAINER VIDEOS

>STA overview
[YouTube] STA Token Overview (embed)

>STA Tokenomics
[YouTube] STA Tokenomics (embed)

>STA Pool ownership breakdown
[YouTube] STA Pool ownership breakdown (embed)

>STA Balancer ovewview
[YouTube] STA (Statera) Balancer Overview (embed)

>STA in action
[YouTube] STA in Action (embed)

>Whats happening inside the pool
[YouTube] Whats Happening inside the STA Pool (embed)

>Sending STA to Pool
[YouTube] Sending STA to pool (embed)

>STA cant be fudded
[YouTube] STA CANNOT BE FUDDED (embed)

>Adding liquidity
[YouTube] Providing Liquidity for STA Pool (embed)

>OFFICIAL QRD
[YouTube] STATERA (embed)

>woke up with a 3k loss with STA
>kept hoping that it would recover through out the day but it never did
>fuck this I'm throwing everything into STONKS
>sold, made all my money back and a little bit more

It's dead why did you make this?

Here we go, the PUMP is going back up. Not even coordinated attempts to break STA can dint STA.

>>19850469
>[YouTube] STA Token Overview (embed)

feel fuckin comfy with STONK 100k stack

Why not just buy STONK?

>>19850527
Why would you buy an imitation?

300k stack of STA and 500k of STONKS but I'm afraid I was too late with it. Only sold my BPT.

This is fuckin huuge, thank God I ve a bag for few hrs : D

To the STONK shillers, if you're really confident in your investment, why do you feel the urge to barge into the statera threads? Have some respect for other threads.

>>19850527
>>19850523
STONK is already dead. exit scam soon.

Almost back to .05, cant stop us

Protip - STA whales dumped some of their bags to FUD this and shill STONK to pump it and rebuy into STA with larger bags. If STONK had a chart you'd see the dip in STA at pretty much the same time STONK pumped.
t. had the price of both opened and that's exactly what happened

>>19850770
It is, and all the simple anons followed suit so the whales could get their free money. I learned a long time ago not to invest with emotions, but even this was a pretty brutal execution by these whales. I've never seen anything as vicious as this, and lots of poor anons will lose a lot of money because of it.

>>19850770
>If STONK had a chart you'd see the dip in STA at pretty much the same time STONK pumped.
This. STONK peak and STA bottom literally happened at the exact same time, like within 3-4 minutes. It's the whale's game anons. Be careful and don't FOMO in anything by buying in obvious tops.

>>19850799
>a pretty brutal execution by these whales
I don't think this was some coordinated statera whale group effort. Most likely, just 2-3 whales trying to flip STONK to increase their Statera stacks, one after the other.

>>19845999
>>19845999
>>19845999
>>19845999

>Statera will be dead cat bouncing off at all support levels.
0.0020 eth now, prob bounce to 0.0026 ish then a another dump to 0.0015 eth & then a pump to 0.002 again before it recovers. If it recovers.

get rekt faggots i called it

Both are index funds targeting different markets. Both have the same audience. Both are going to moon in the bull run which will probably start from DeFi adoption. Get in early on both and hold both until EOY is what I'm doing.

Is this a Stonk or a STA thread ffs? ANYfucking way, 3 days ago I owned .1001% of the total supply. I now own .1005% by doing absolutely fucking nothing, It's just like staking but I can do it with any address I choose to create(wallet). Oh what's that? The balancer pool is always buying? Oh damn that must suck to always have a buyer for your bags(*if pool stays liquid) Oh no copycats are here, it's almost like great ideas get copied because they are great ideas. Oh but what about it dumping after the Audit? Guess I have to pick up some cheap STA just like the Balancer is doing.

26th of June, be prepared.

>>19850885
Kyber?

I'm just holding STA and STONK, whale in both of them.

Let's not fight and enjoy the ride as INDEXBROS

well... there was a good bit o burn today

>>19850845
Yeah, that's what happened. It wasn't coordinated but they had the same idea

>>19850845
> takes three 4chan neet whales to crash the whole project
> muhh balancer

>>19850933
> Holding a nigger scam token (statera)
> Holding ANOTHER scam called "Stonk"

You're literally never going to fucking make it LOL

>>19851047
Get lost faggot, go fud stonks for a while

>>19850845
it just seemed like the prudent thing to do. took a risk. after I executed I looked thru biz and saw a load of others had the same idea

>>19850933
smart anon here.

Can I use Coinbase Wallet or will I need to use Metamask on Uniswap to obtain STA? I thought it really doesn't matter.

I just dumped the last of my bag. I’m out completely now. Apologies about the horrible red candle just now.

>>19851047
I'll screenshot this ;)

>>19851417
You can use either. Just set slippage to 1.5%

>>19851465
how much did you have?

>>19851465
As long as you don't regret your decision it's all good, not sure it was the best timing considering kyber next week though

>>19851465
how much was it?

>>19851047
made eth with both sta and stonk, what's next

>>19851522
Started with 862k, I sold a stack in the high 7s for the dmg sale, then I sold the rest for more chainlink. I got in for less than $0.005 so I’m going to take the gains and run.
>>19851530
The whole idea of buying sta was to get more chainlink. I just swapped 300k sta for 3000 link. I’ll never regret this decision.

>>19851536
>>19851568

>>19850933
I'm holding both too. Comfy.

>>19851568
Fair enough, LINK is a good hold

I'M NEVER FUCKING SELLING
1 USD BY END OF MONTH STILL STANDS, FAGGOTS

>>19851698
Yep, I'm still holding strong.

Yeah still selling.
I got in at the absolute floor so this is all profit to me.
Audit was clear
FUD is just dumb
People are just taking profits to try other projects after they made a shitton of money on STA
Seems pretty comfy to me still

>>19851759
Meant to say still holding kek

>>19851814
I was kind of confused lol

>>19851568
cool. good luck. link is a good hold indeed

>>19851814
kek. I wasn't sure what your angle was

You had all the time to sell at 7 cents and now you just might never see that price again. Deserved it, delusional retards

Cucked my the memecoin STONK.

Burned almost 250,000 since Friday. Not too shabby.

What's the pool at now? Has anyone actively removed liquidity yet?

>>19852583
Also 666 on the volume, bullish

>>19852583
I posted this >30 minutes ago. What happened to muh multiple 300+ Reply threads throughout the day?

>my browser being was being a bitch and didn’t load the new replies
Carry on, gentlemen.

AAAAAAAAAAAAAAAAAAAAAAFUUUCCCKKKKKKAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA ITS OVER ISNT IT THIS SHITCOIN IS GONNA DIE A SLOW DEATH AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>19852796
365k. A couple people pulled out of the pool to buy STA while it's low

>>19852565
kek, oh well, their loss. Looks like STONKS is where it's at now apparently. Higher liquidity and volume than this shit already. Also this general is dead now, so I guess the folks here finally gave up. Who's laughing now cucks? Where are your accusations of FUD and your cope? This must be tremendously sad for you, I'm sure. It must suck still holding and believing in this, even in the face of reality because /biz/ fooled you into thinking it's legit and gonna moon again.

>>19852987
So are you in stonks or are you in sta?

3.6 cents. Goddamn everyone who shilled this coin. Goddamn you. You’re taking money from desperate people.

>>19850469
you idiot. lmao

>>19852997
Kinda obvious fud to steal bags of people who bought in high.

>>19853001
It's because of people naturally selling, and moving into smaller clones and latest projects.
Index funds are supposed to be long term holds, and you're actively advised against swing trading with the balancer. Don't really know what you expected kek

Unironically thinking of buying even more if/when the coin hits 2 cents. Should I?

>>19853041
That's what I figured, but I can't figure how they plan to profit if they fud 24/7 nonstop indefinitely. At some point fudders have to flip the script and start shilling. Unless they are just retarded, which seems entirely possible.

>>19853064
At 2c, yes. Even 10c would be a 5x at that point

>>19853064
I put in more at around 4c, as long as the liquidity and pool is still there buying at 2c would be a smart move, if it even goes that low. Until whales start pulling from the pool the coin still has potential.

This is how we go out then?
Not with a boom but with a wimper?

>>19853064

The crytoverse is a lot bigger than just Biz, and those people aren't as likely to panic sell, jump from one P&D to the next, or scream "scam" like a bunch of children just because a volatile coin had a volatile price move.

The people who make money in this sub are the people who do the opposite of the herd. This place is literally created to manipulate susceptible and emotionally driven people into buying their bags. Always do the opposite.

>>19853122
Weak hand detected.

>>19853138
This.

>>19853090
You fail to realize that fudders are not the lowest kind of people on this board, there are people who think they missed out so now they are seething trying to kill the project by fudding.

>>19853138
Yup. When in doubt, don't follow the people who are raging and trying to desperately FOMO into every new coin.

>>19853178
I don't have the ability to get in that headspace. That is like the same type of person that shits on the floor of a public bathroom when the toilet works just fine.

>>19852798
This whole board gets quieter around this time of day what the fuck are you talking about

>>19853044
I expected an index fund to not drop 50% when the holdings of the index are rising in value. I’ve never claimed to be a financial wizard but I thought this one was simple enough that I could understand it. Fuck me though.

>>19853237
It isn't magic. It is still a low mc coin. Don't invest in crypto if you can't handle volatility.

>>19853223
Just the way things work i guess.

Reminder, everyone in STONK will exit next week to buy back into STA when it lists on Kyber.

>>19853237
well the accumulation fork showed what the whales could do with the pool at this size, so it just means the pool isn't big enough yet. Would it have worked at 1m, 2m? We'll have to see next time its tried.

Wow this general is honestly sad, everyone seems so defeated. I'm not even trying to FUD, I hold as well, I'm just saying, very low energy, this one.

>>19853001
I’ve been warning you guys for the past week. I even got banned for posting “””porn””” when everything I posted was PG. I tried telling everyone that several people (whales) were planning to dump as soon as it got to around 8 cents because they were sick of this shit. I tried telling people that you were about to lose your Mindstone and that Thanos was literally a meme.

>>19853251
Does volatility mean the price goes down no matter what happens?
>audit
Price goes down
>indexed holdings go up
Price goes down
What exactly increases this coins value? I don’t know. Tell me if you know.

>>19853271
Kyber? Who says that

>>19853342
all the actual holders left this general awhile ago, too many people freaking out over tiny percentage moves

>>19853376
It's already confirmed by the devs, and now listed on the website. It's just waiting to be finished implemented into Kyber which will happen later in the next week and be available then (Wed-Fri).

>>19853401
And this too. All the whales aren't touching STA for at least a year apart from the few that got lucky and are just hopping around for the next big moon (apart from STONK which is designed to get you more to buy back in STA).

>>19853410
This, getting listed on a large exchange like this is definitely bullish.
Keep your hands steady and even accumulate more now that prices may be as low as they're going to get for quite some time, don't panic over this dip with people dumping to fomo into the latest memecoin.

>>19853342
It is always slow this time of day. Americans going to bed, the rest of the world waking up

i bought some stonk, but i didn't trade my STA for it. keeping my 30k sta for at least 6 months, weak hands don't deserve rewards.

>>19853351
More investors that don't chase every new coin. This isn't complicated. Man up. We said from day one you need iron hands to make it.

>>19853342
Kind of hard to get excited about something that shits the bed at every turn. Let’s just keep saying that every bad thing looks bullish and hope it works out.

>>19853512
Why would anyone invest in something with this track record though? It’s an index fund that goes down when it’s holdings go up. It’s a deflationary coin that seems to worth less every time one is burned. Why the fuck would anyone buy this?

>>19853516
I called you out on this concern-trolling yesterday. Only an idiot would continuously fud a project that he was down on.

>>19853541

It's less than a month old, and it's at the same price that it was merely 5 days ago. Yes, it's volatile, but that is beneficial to the burning mechanism.

Only on Biz do people believe that a project should only go straight up, and do it in the first week. lol

>>19853541
If you want to participate in the index part of the token you buy into the liquidity pool not sta
STA=high profit/high risk
Pool=low risk/medium profit

>>19853597
How many coins have to be burned before the price of one coin increases?

>>19853567
> I called you out on this concern-trolling yesterday. Only an idiot would continuously fud a project that he was down on.

“You’ll never see this coin below .06”

>>19853670
Deflation causes a tend to scale in price over time. It's not like someone making a tx will instantly make the price go up. Technically, to answer your question, you could burn 1 STA and the supply will decrease which theoretically makes the price increase, but that doesn't happen when the asset is so volatile. Same reason you don't see Thanos doing anything, because right now the price is mostly controlled by a small number of people trading large amounts of value. Nothing you can do about it but wait for more people to have the coin.

>>19853670

That's not how it works. The burn reduces the supply, and if demand stays the same, then the price appreciates through organic trading. If demand decreases, the the reduction is supply is irrelevant. It's basic economics.

>>19853698
I never said that. I know that external influences exist that can effect the price. The same way it can go down because of an external event, it can also go up.

>>19853706
What incentive is there for anyone to have the coin though? It’s big selling points as far as I can tell are that it’s an index fund and that it’s deflationary. But we’ve seen that neither of those 2 things actually affect the value of the coin positively. I have 55k sta but if I didn’t (and I wish I didn’t) why would buy?

I told you faggots to use your gains to advertise the project. Stop relying on exchange listings and take matters into your own hands.

>>19853807
Watch the sta tokenomics youtube video.

>>19853813
I would be willing, but I don't even know where to advertise.

When it's already confirmed that the coin is comming to Kyber why tf is thr price declinig?

>>19853850
That’s bullish

>>19853606
>>19853807
Nigger stop fudding your "concerns" have already been adressed

>>19853850
Two whales left. One for link, one for stonk. The downward action scared people I guess, and a few others sold to go to stonks to make a quick profit before buying back into STA. There was about 1.5 mil sold since yesterday, mostly by 2 people

>>19853807

Good question.

There's not enough liquidity this early to really see the benefit yet. If this project does take off, the balancer and burn will create constant and consistent upwards pressure on the price. It will be subtle, but should have significant effect on the price long term.

We're just so damn early right now that neither the balancer or burn are having an effect. And the price rose so fast that we have investors who can easily crash the price, which we've seen three times already in three weeks.

All I can say, is to give it time. If this project survives (I think it will), then the potential could be massive.

>>19853850
Because Tony Stonk is here

>>19853807
They do affect the coins positively. But the selling point isn't "this coin literally only goes up". The point is that the coin trends upwards over time, if tx's are made and the other coins in the index increase in value. When the coin is this volatile, it will swing up and down with crazy amounts of value. You'll have to learn to stifle your emotions and be patient.

>>19853850
Because 2 big wallets sold and people panic and some people chase shitcoins.

It will pump once they come back. Trust me it will happen, stonks for example is shit because the pooling is useless due to 42% of the token inside the pool.

>>19853850
Whales dumped some of their funds to pump STONK, another whale has been slowly swapping into LINK as he planned to do in the first place, and weak hands are dropping out because red line bad.

>>19850414
FUNDAMENTALS HAVE NOT CHANGED

COIN BURN CONTINUES

BALANCER HAS PLENTY LIQUIDITY

2 WHALES LESS

It will go back up. If you have some extra money to burn, buy more.

As a 150k holder, I'm not worried. I know these things take time. Don't obsess about daily ups and downs

A lot of Uniswap tokens have gone to 0 in days (or hours). This isn't one of them. Hold.

I am still seeing the potential of this project. This is such a beneficiary to crypto. Do not forget that the fundamental idea is damn great.

>>19853990
Still wouldn't have hurt to swing trade it...

>>19853897
I just picked up another 4.4k @ 3.6 cents. I don’t know if my fudding contributed to the price but as far as I know sta is mostly being shilled on 4chan so I’d like to think I grabbed a couple hundred extra from the fud. If you’re not buying sta you’re a retard. It won’t be overnight but we’re all gonna make it boys.

Of course it will get back up eventually. Just use your heads guys. People never stay in meme-coins forever and when they realize that the original index fund coin has a better potential for returns again, so much money will pour back in setting off the next rally. Just be patient and don't fomo in later.

>>19854053
Thanks for coming back around. It is counter-productive to fud for too long

>>19854077
Not to mention an index fund for maincoins > index fund for altcoins

STONK DUMPED HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAAHHAAHHAAHHAHAHAHAHA

>>19853401
This. Relax faggots, its just the beginning, strong hands will make it.
t.whale

>>19854145
I thought they’d keep it going a little longer, at least until tomorrow morning in the US. Maybe the people who lost on it still have something to buy back into sta with.

>>19854135
And the pool has 42% stonk so pooling your profits is basically useless.

>>19853807
Lol fuck off faggot, the price literally exploded upwards because of the attributes it has. Its less than a month old you whiney brainlet.

>>19854146
>Still wouldn't have hurt to swing trade it...
Still wouldn't have hurt to swing trade it...
And also advertise it

Why can't I buy more on uniswap? When I click swap it says waiting for confirmation for a second then goes back to the swap page. It's like the transaction never even starts.

Is there no liquidity?

>>19854145
Lmao burgers are selling before they go to sleep because they know it's a shitcoin

>>19854110
Call this bitch out for what he is, a bitch, this kind of greed in the back of his own gains for a 4.4k more is suicidal and moronic.>
>19854053
You are, as i said before, a dumb broke faggot.

>>19850414
Imagine still trying to create bagholders for this ponzi instead of just buying ARPA.

>>19854267
Its partially designed for swing trading because of the liquidity Sthanos provides.
Or to hold, or to do both.

>>19854288
Up slippage to 1.3 or 1.5, 1.8 ..

>>19854288

Did you try increasing the gas? Its the only way its ever worked for me.

>>19854369
It doesn't go through to a transaction though. I get the 'waiting for confirmation' for like a second, then it goes back to the swap menu again. No pop up.

Increased slippage to 1.8 in settings and still nothing.

>>19854409
When its this volatile try 2.3 etc.

>>19854409
click on metamask

>>19854409

Hmm. When it gets buggy like that, I just reboot my computer or phone. Seems to solve the problem.

>>19854306
Yeah I called him out plenty for the last few days. Fuckers don't understand that it doesn't matter how big their stack is if the price never goes up

>>19854409
Lots of suggestions now but also try 1.03% if nothing else, it has worked for me

STONK is worse, it's only going to provide better gains in the short term because the way it's balanced.

Personally I'd buy now. It's sunday/monday, every american went to sleep, people exited to chase after Stonk, it's the perfect time.
Statera always dumped like 3 hours ago in this timeframe because the americans with the money went to sleep and europeans don't wake up at 6AM-7AM

We're sitting at support. This is the same price bottom of 0.000145 Eth as the last dump.

I hope you guys are right. If the kyber listing is comming, the price should explode..

>>19854671
its coming, could be this week already.

managed to grow my stack by 180k at 3.5-3.7c

>>19854807
Shit, that's a lot

>>19854815
it just shows how clever it is to pool some of your stack on the way up. I have been constantly pooling my shit and i had like 12% of the pool and now all i had to do was take some out in STA. No slippage or no fees, i got 180k STA and i only took out like 15-20% of my pool.

>>19854671
>>19854679
On top of all marketing that was in store post-audit. I know the team has reached out to several youtubers to promote the token

>>19854940
yeah this too. we will pump back to 5c+ and after these things happen we will go past 10c easily.

Hahaha the level of delusion in some hodlers lol. It's dead, buy STONK or cry for eternity. The only stones you will get are kidney stones from sitting on your ass whole day staring at the charts

>>19854975
Why would someone buy stonks over STA? Legit question. The only reason is the price, and that's only temporary

>>19854998
there is absolutely zero reason. Whoever created stonks does not understand whats so good about statera, he copied it and made it 1000 times worse.

>>19854998

Anyone who buys Stonks over Satera is either just attempting a quick flip, or they lack a fundamental understanding of the balance pool mechanic. Statera was set up this way for a reason, while Stonks was done as a mistake.

>>19854998
It also balances different coins

>>19854975
>>19854998
>>19855049

And there's the fact that it's named after a retarded zoomer meme. STA is at least based on two proven coins (BTC, ETH) and two rising stars (LINK and SNX). STONK's pool is made up mostly of shitcoins.

>>19855049
Yeah, the fucked up thing is that it was a Statera holder that created it. Guess he was salty he didn't get in early enough or something.

>>19855075
>>19855084
The top ten wallets also hold 40% of stonks, top 3 hold 20%. The type of people that would buy stonks are the type of people that would never pool either

>>19854998
I actually bought stonks for a quick x2 and now I'm getting back to statera, recovering my stack from the time where my hands were made of sieve

>>19855120
well played. I flipped stonks for quick +50% too, just 0.5 eth gain tho.

>>19855120
Awesome. I think most people that left sta will come back, but some only partially, depending on how big of a stack they got.

Pssst. Use your gains to advertise, you would had recovered in a mere 5 days from ATH if you simply paid the right advertisers.

>>19855206
teach us

>>19855206
Had to wait for the audit, and that was just finished Friday. No youtuber will put their name on a product that they aren't sure is 100% safe

>>19855206
>>19855218
How can we get Chico Crypto to shill this?

Stonks is gonna crash. STA is a steal at these prices. Plus, every time we have a big dump it just means more tokens are burned, making the next pump even bigger. We will see higher highs and higher lows for the next few weeks.

The balancer volume is fucking insane

I believe in STA

Ban the fucking stonks shillers from STA telegram. Faraday is a cunt shiller who's been at it for hours

>>19855337
Faraday has said nothing wrong though

STA, STONKS... Are we witnessing the beginning of what are essentially crypto ETFs?

>>19855347
Fuk u kike shill STA is the white man's token
Fuk stonks

It’s really fascinating watching you bagholders eat each other alive with your games that will prevent this token from ever leaving this filthy fishbowl.

yOu WiLl NeVeR sEe ThIs ToKeN bElOw .06

>>19855224
How would you get him to do that?
Doesnt jewtubers talk about coins that are well known for more views?

>>19855337
Caleb about to get rekt live as the charts reverse. Looks like nobody told him when to get out

Why not grab yourselves a bag of STONK and ride the train again?

>>19855792
Was about to swap my stonk bags back to sta

Reminder if you don't like the Statera pool you don't need to make another token like STONK did to scam, just make your own pool that is still using STA.

>>19855860
>just make your own pool
And where would the liquidity for random balancers come from? Sta is roughly at 400k in 3 weeks. Good probability of the balancer liquidity crossing the 1 million mark by july end.

>>19855860
This could unironically help propel STA up.

Almost 300k (0.32% of the remaining supply) burned yesterday and we are rising again as people come back from their other shitcoins in order to park their hard-earned money in the deflationary and index backed STA. I couldn't feel comfier.

Every time we have a big price movement it means more tokens are burned, making the next pump that much bigger. Comfy AF.

>>19855921
my bags are filled. thank you curry stonks for helping me fill cheaper.

>+180k at 3.5c

>>19855792
Nobody who isn't a Pajeet is going to buy a coin made from a biz fag who owns half of the supply. While Statera Team are marketing and losting on Kyber he's planning how to dump on you

Sitting on 16k at the moment. This will easy hit $10 at some point

How big would a Kyber listing be? Has it got decent volume?

Well boys, this just happened

Am I the only one to see this ?

How much did the people inside the pools make off of the 300k burned tokens right now? Is it worth holding it in the pool when we crab for 3 weeks? how much do you have and how much did you make?

>>19856166
What's that ?

>>19856194
Someone fat fingered on bamboo and bought 1 Stonk for 2 eth and now coingecko shows pic related

>>19856202
kek

>>19856202
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

I bet it was medfren

>>19856202
someone just bought their own order with a different wallet

>>19856228
Maybe, still made me kek

>>19856228
Pretty sly way to generate hype

>>19856217
leave me alone you asshole

cant tell if i should put stonks gains back in sta rn...

>>19856319
adam & eve pattern, I think we have reached a local bottom, the pool hasn't been drained, I think we passed this dump episode

>>19856319
That's what the smartanons are doing

tfw increased my STA holdings 50% in the last 2 days

Bottom is in boys. Adam & Eve confirmed.

>>19856437
Based.

>>19856569
If the neckline resistance is broken we go to 6c

>>19856569
>watching the charts
I know that Sta cant exit scam and that's ehy i'm only checking on the price a year from now

>>19856666
nice digits

>>19856633
Just think of all the STA we will burn going back to 6 cent. Sub 90 million supply EOM. The universe truly has blessed me with STA.

Is anyone actually buying STA on Saturn for $0.07 at the moment? Seems like a good arb opportunity...

STONK profits coming through

good morning STAbros

wow that bounced hard

holy fucking shit

Back over 5 cents

Better fomo now before Kyber is announced and we lift off with trajectory for the moon. Last chance to buy this low.

>>19857390
Reeeeeeeeeeeee dump it back im still at work and couldnt buy more

>>19856174
No man its crazy, the 1hr looks virtually identical

>>19857337
morning fren, feeling comfy back over .05c

>>19857736
Me too, I caught a nice dip earlier and increase my bag by 20%, feeling really comfy now

LOL

>>19857752
the number of token holders has been rising during this whole dip the last ~24 hrs, price keeps bouncing back up, tokens keep burning. If you guys don't get it yet idk what else to say, we all make it EOY

>>19857791
I hope so my fren

so whoever that was that dumped STA for comp, are you happy now?

>>19857736
morning fren
>>19857791
lain anon did you lowkey shill STONKS so you could exit with profits to increase your STA bag?

Price back to where it was pre dump. Also burned 100,000 STA
Thank you brave burners

>>19857884
no but I did buy the dip, and if lain anon is reading this, I'm lain anon #2 we agreed to it in the same thread but he was first and he's very based

>>19857856

Maybe he was banking on COMP and the Coinbase listing.

Kinda crazy that STONK uses COMP in the balancer despite it being a really early DeFi coin that could go any way.

>>19853351
There are only 1~2% of the total number of STA in the pool for now how can it have a great impact on the price of the token ?

>>19854053
>>19857972
dont bother, he was just another bitch concern-fudding to get in lower as always.

>>19857946
It's a bold bet, I wish all the best for stonk but I prefer more established coins like BTC, ETH, LINK

>>19857992
you could replace STA with stonk on the defi balancer portfolio and it would be exactly the same thing.
stonk is just a cash grab.

>>19857992

Yeah, unlike the heap of shitcoins shilled in STA threads, I'm still keeping an eye on STONK, especially it's balancer. It's kinda like a experiment with a volatile component in the pool.

ahhhhhhhhhhh whats happening! STONK dumping STA pumping

>>19858030

I'm thinking whoever the guy who put in 50+ ETH into STONK gave a way for whales to cash out (to STA.) The ultimate sacrifice.

>>19858043
Of course you fucking retard. Stonk was a temporary trade
STA will forever be the correct choice here.

OK so I was waiting for some funds to go through so I could buy more STA. Was hoping it would be through so I could buy at ~3-4 cents but nope. Looking at 5 cents right now it's not the worst price but I was hoping I could get some cheaper. What do my fellow /biz/raelis think, will this dump furhter at all or is this the beginning of the reversal?

>>19858131
Textbook reversal imo, this only happened for a quick buck on STONKS

>>19858131
We have a nice adam & Eve pattern playing here, don't know about you but I already bought

>>19858131
hard to guarantee anything but low 5s seems like a solid entry, I don't think you'll be upset in 2 weeks

>>19858131
idk

>>19858131
I waited week from the last dump to buy it cheap. If it wasnt for STONK i would wait and wait and wait another couple

At this point I'm just despair holding, I'll either take the loss and learn my lesson to never invest in shitcoins again, or I'll have a cushy stack of cash to fall back on if this ever hits 1$ and then I'm never touching another shitcoin again, my point is that I hate this so much

>>19858293
If you can't take volatility, don't invest in low caps, consider more established coins but with lower rewards.

>>19858131
Weekends over. Look at the charts. Dips
Every weekend. Last night was worse because people buying stonks. Which is already down.

This will be it’s lowest point this week. Maybe we see sub 5 cents again this weekend. Maybe not

>>19858335
That's an interesting pattern

We are back, Statera will never be below 5c again!

>>19858366
wallah! just like that!

>>19858366
I'm as bullish on STA as anyone, but every time you say that, the universe will make it top priority to prove you wrong

>>19858366
I hope it will so I can buy more

One of the guys from the team on telegram said lots of new investors soon, they can't say why yet but it makes me feel extra comfy

>>19858443
probably new exchange

How does pattern matter my DUDES when one whale can paint big dick on chart whenever he wants???

>>19858453
Or youtube collab ?

>>19858443
can you source this pls fren

>>19858443
Can confirm

>>19858481
that would really rustle my jimmies.

>>19858472
That's no different than any crypto. It's the nature of the beast.

>>19858489
ah, I see it in price talk channel

>>19858515
i understand if they would speak about patterns when its bigger and its harder to paint blood but atm you are at mercy of couple of whales, if they dont want your pattern to happen it just wont

I'm so fucking IN. You guys BETTER MAKE ME RICH!

I don’t think I’m going to make it

>>19858858
why, faggot?

Well, well, well.
I'm out for one day, and what do I hear? We dumped straight to 3 cents because a competitor showed up? Now it's painfully trying to get back above 5?
Hmm.

Can't you predict where this is going next? I'm sure you know all about it anons. That little phenomenon named after our favorite feline. That's right folks. A dead cat bounce. It bounced quite nicely, but after every bounce what is guaranteed to come up next, if we follow the simple laws of physics?

oh no... Better do what you must and get rid of those heavy bags if you don't want to be hurt by the MASSIVE force of gravity pulling you and the price downwards altogether leaving you in the red. Heed my warning if you care about your hard earned money.

>>19858873
Price low need price high

>>19858954
lol

>>19858954
>Well, well, well.
I'm out for one day, and what do I hear? We dumped straight to 3 cents because a competitor showed up? Now it's painfully trying to get back above 5?
Hmm.

Can't you predict where this is going next? I'm sure you know all about it anons. That little phenomenon named after our favorite feline. That's right folks. A dead cat bounce. It bounced quite nicely, but after every bounce what is guaranteed to come up next, if we follow the simple laws of physics?

oh no... Better do what you must and get rid of those heavy bags if you don't want to be hurt by the MASSIVE force of gravity pulling you and the price downwards altogether leaving you in the red. Heed my warning if you care about your hard earned money.

>>19859007
Just hodl on tight fag.

My days of FUD are now over, we've gotten the dump we've needed to accumulate even more and get rid of weak hands. If you weren't buying this dump you're actually an imbecile, that was about as cheap as it is going to get from here on out. I encourage other FUDders to start supporting the token instead so we can get it to take off now.

>>19859145
Just bought more

>>19857946
>Kinda crazy that STONK uses COMP in the balancer despite it being a really early DeFi coin that could go any way.
It's almost like STONK is a pnd coin with the shitcoin of the week thrown in the balancer.

>>19859417
ya. down 20% this morning. Id get out of stonk if I held any.

>>19859417
kek, this.

if you haven't already made your 10x from STONK and bought back into STA for the long run you're ngm

>>19859504
I lost 0.3 eth on stonk, serves me right.
Never falling for memes again.

>>19850515
Lmao

>>19859504
At first I was mad about the STONK thing. I thought it made Statera look like a PnD, and gave the fudders more fuel
But at the end of the day, STA isn't going to die, and people are already getting back in. STA had very high trading volume in the last 24 hours, and a LOT of tokens were burned in the process
So I'm over it. I'm just going to sit back and ride the waves until STA inevitably reaches $1

>>19850471
This was the right move yesterday and I’m glad I did it. The best move now is to just stay out of both STA and STONKS since both are gonna die.

>>19859479
>>19859504
Spoken like people who didn't get into STA at the ground floor and don't remember how volatile it was initially. STONK has another 10-20X left in it.

>>19859734
This. STA has already survived their early stages which are the toughest. It will be a slow comfy ride to the top. Remember there are people still in massive profits that eventually will realize them. There will be spikes up and down but it just creates more scarcity. I love watching my percent of TS go up and up.

>>19857884
I like sta and stonks, personally. Havent sold a single token of either stack yet.

How fucking long do these uniswap shits take? I swear it's +40 minutes per transaction or something

>>19859845
*brrrrrrrrrt*

>>19850414
competition was inevitable, don’t see how that wasn’t obvious. It’s not like Statera made the balancer lmfao

>>19859878
Increase your tx fee in Metamask, the default one is garbage and takes forever. I’ve been manually setting it to 30-40 gwei and it finishes in a minute or so

The only metric I am watching right now is the liquidity of the Uniswap pool, it's really low, sitting at a mere 72k $ and ~1.5% of all the STA. A single whale cashing out could really destroy the market. I hope we will have more liquidity with a proper exchange like kyber or IDEX

>>19859776
>Not trustless
>gay name
>poor wallet distribution
>not audited
>low pool balance
Why would anyone buy this once the price gets close to STA? The ONLY selling points are lower price and different coins in the pool. The first selling point goes away as the price increases, the second one may not even be a good thing, depending on whether comp dumps after coinbase listing

>>19859931

Literally pay over $2 for a transaction how fucking much do I need to pay for this to work? Uniswap ninja and idex work much better.

>>19859951
STA liquidity pool is sitting at $360k
Meanwhile STONK liquidity pool is a merely $5k

>>19859985
You're complaining about the Ethereum network, it is not in the hand of Uniswap at this point

>>19859776
ok. I bought STA after 30 minutes of it hitting uniswap. Stonks sounds like the guy who made pamp, hexwhatever, imperial, bucc, you name it.
Everyone knows its a scam but money can be made. Once the sells begin it will be a race to the exit door.
Good luck stonkbro.

>>19860051
How come shit's so congested atm?

>>19860055
This

>>19860036
The Balancer pool is at $360k but the real marketplace which determines the price of STA is the Uniswap V2 pool with $68.5k liquidity atm (https://etherscan.io/address/0x59f96b8571e3b11f859a09eaf5a790a138fc64d0#tokentxns).). You can have the price of STA in real time there

>>19860075
Loads of Dapps and useless tokens on an outdated network...

>>19860152
do you understand what statera is aboot?

1899 addresses boissssss

>>19860152
bullish

>checks liquidity
I’m glad I sold. Yesterday’s dump to buy STONKS should be a telling sign to anyone in STA that isn’t a whale and did not get in early. With the level of liquidity we’re seeing now all it takes is just one whale to sell and you’re fucked. STA is going downhill really fast and some of the later buyers here just don’t want to accept it.

>>19860293
but stonks is better right? haha

>>19860195
Statera is not a bot, the balancer pool has a bot which is rebalancing its pool of liquidity to keep 20% of value of each coins. But in order to get WETH, LINK, WBTC and SNX, it has to trade with other liquidity pools such as the one I mentioned here >>19860152

>>19860293
cool, guess you sold all your STA then? why are you still in these threads? could it be? no surely you are not manipulating people into selling so you can buy cheaper. that is not what an anonymous person on a indian basket weaving forum would do. no sir i dont believe so.

>>19860293
It's really not at all. Still has a very good pool that only dumped like 10% even when STA dumped 50%. STA is looking more bullish now that we've seen dumps barely do shit.

>>19860333
yes but anyone that invests in this coin realizes (or should atleast realize) that the index part of the token is entirely reliant on the liquidity of the balancer (aka thanos) which is the core feature of the coin in conjunction with its deflationary properties.

someone needs to bake new bread

>>19860293
Found your wallet. Swingers get the rope
0xc7be20dfc1475631eedc1a271b5f378cfd0e0012

>>19860390
This shows you should buy BPT and not STA

>>19860330
None are, that’s why I’m out of both.
>>19860336
I just want people to see what’s going on here and use good judgement. Never get too comfy with any low-mid cap coin.

>>19860293

>>19860457
haha whatever. You are jealous you didnt get in to STA early. You dont give a shit about anyone here.

>>19860457
>im concerned for your financial wellbeing
sure buddy.

I'll fuck your dickhole.

>>19860480
But I did, I just didn’t hold for more than a 12x and then bought back in later. Take care guys these threads were comfy but it’s coming to a close.

Bought some more. 1.2k stag now kek wish me luck goys. Fucking congested ETH piece of shit making me lose my hair.

>>19860519
T-thanks?

>>19860529
then why are you here if you sold? you have nothing to do with the project anymore. move on, otherwise it seems you have some ulterior motive by fudding in these threads.

>>19860401
>0xc7be20dfc1475631eedc1a271b5f378cfd0e0012
Well thanos can hold whatever it wants but if there is no liquidity in other marketplace to trade it there is no point of having a big pool

>>19860540
nice.

>>19860556
Just saying my goodbyes because I did enjoy these threads.

Got into the top 125 wallets

>>19860574
ok, bye and please dont come back in the other threads.

>>19860570
>0xc7be20dfc1475631eedc1a271b5f378cfd0e0012
what the fuck did you mean with this adress?
also the balancer will be buying and selling statera even if there were only 3-4 buyers and sellers since the other assets will be fluctuating.

New bread
>>19860707
>>19860707
>>19860707

>>19860679
The address was a typo. But if there is no more liquidity in the uniswap pool, the balancer won't be able to buy and sell

Use your gains to advertise, stop relying on exchange listings and announcements.

>>19861141
What gains