/biz/ - Business & Finance

Its literally dumping right now

>>21323687
Is not?

I've gotten in & out of sta about tr times now - I've made plenty of loot trading it.
I still can't decide or figure out if it's a discord meme or a good long term hold.
>enter screaming discord shills

>>21323544
LOCK is better
Unless STATERA partners with ARPA, then it that case....

Are you the same fag who created the 1 hour memes so you can dump 25k? Fuck off scammer.

>>21323544
It's going to end up like ample except it'll be floating around 5 cents instead of 70.

look i did a meme line

>>21323544

Just wait until more indexs, more pools, on different platforms happens. This is gonna be crazy.

I have 500k
Am I gonna make it?

>>21324919
Just 4x away from half a mil. You’re good anon.

>>21324987
>>21324919
>>21324460
>>21324104
>>21323995
>>21323876
>>21323687
>>21323544
>>21323831
Info pasta below:

What is an index fund?

An index fund is a fund that can track and adjust a specified basket of underlying investments. In this case: BTC, ETH, LINK all balanced with STA (https://www.youtube.com/watch?v=QzNhe5Hd0do).).

The rules are that these coins are set in a 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 a STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). 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 (https://medium.com/@stateraproject))

The power of STA is that the ripple effects of: (1) compounded fees/locked/pooled tokens, (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. Much like how BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

STATERA is Finance 2.0’s answer the personal yet decentralized and immutable blue chip crypto index hedge fund manager.

>>21325624
Let’s assume that for one day every cryptocurrency stays flat except ETH. What would happen?

1. The value of Delta will go up and the 50:50 ratio would be out of sync, ETH would need to be sold and STA bought to keep the locked in split. This causes STA to burn

2.The Phoenix fund is 30% ETH and 40% Delta. It would then need to sell both assets and buy wBTC, Link and SNX to keep the predetermined asset weights. So now both Delta and Phoenix are back in balance, but it doesn’t stop here

3.As Phoenix sold Delta there is a negative impact on the price, but the actual quantity of ETH and STA inside of it didn’t change after point 1. As a result, it would be beneficial to unmint Delta to realise the full value of the underlying assets. This unminting process causes STA to burn. Something like this is generally done by arb bots.

4.But now as some STA has been burnt there is upward price pressure and the inverse of point 1 happens. STA is now sold to buy ETH, causing STA to burn. Initially this may not be significant but as supply decreases the impacts of this will get bigger.

5.Point number 4 means that the value of Delta has changed, which means Phoenix needs to sell Delta and so the cycle goes back to point 2
Please note, that the impacts of point 4 and 5 are probably too small to see this early in the project but it doesn’t mean it’s not happening.

Now remember there is zero chance that ETH is the only asset to move in price for the day. THEY WILL ALL MOVE.

Now think how many indices Statera will be putting out on platforms like balancer (yes balancer will not be the only one).

Multiple index funds on multiple platforms with different pools using the Delta coin.

STA will be the most used coin in Defi soon.

------------

TL:DR

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

>>21325666
STAck TIERS

>slow STArters

5k stack or less

>STArgazers

Between 5k and 10k

>Suicide STAckers

Between 10k and 20k

>STAggots

Between 20k and 30k

>GangSTAs

Between 30k and 60k

>STAutists

Between 60k and 100k

>STAtesmen

Between 100k and 250k

>STASTRONAUTS

Between 250k and 500k

>STARCHANGELS

Between 500k and 1mil

>STHANOS TIER

1mil+

wow OP so unbelievable much invulnerable 21 cents now much wow

das rite

>>21325888
GREEN AND TRIPS CHECKEM
>$903.47 EOY

>>21325888
checked
will buy some tomorrow

>>21325666
Based as fuck

Why does it keep going down :( not selling, but still... guess I should just buy more

>>21326488
enjoy while you can, refund and exchange listings will take us out of sub $1 faster than you can send through the blockchain

>>21326995
When are both of those things happening? Don't meme me

>>21326995

exchange listings like freetokennow.info and pajeettrade.com

Not selling my STAck until at least $10

how much do the discord trannies pay you retards to shill this piece of shit?

>>21327106

its not even working either lmfao they are so desperate to get this above 45 so they can make their money back from buying the scam and dump

>>21327051
t. yam holder

>>21327038
soon™

what the fuck was that

The whale is back
>0xdaec25c5f184be8f3c7128f14bb7e83dbe3f990b

>>21323544

It it's dumping.

Getting AMPL 2.0 vinbes here.

>>21327173
>>21327051
>>21325735
Why are you this mad about this lmao
You might not like the coin but it is clearly not a scam

>>21327428

how clear is it

>>21327450

good answer rajeesh

it's a good time to pray

>>21327356
FUCK DUMPING NOW

>>21327450
Very clear. Have you read the whitepaper? Even the abstract of the whitepaper? The devs have kept all their promises thus far. Its a properly decentralized defi coin. Devs own less than some whales. Stay mad though, keep spending your time posting in threads you hate lmao

prove that the balancer works because so far it hasnt

The volume on this thing is garbage, nowhere to go but down unless we get some big time crypto influencers shilling this shit

>>21327723
They’re literally adding 2 more exchanges either this week or the next

>>21327794

prove it dawesh

>>21327830
They said they were going to and they've followed through on their promises so far so there's no reason to not believe it

I SHOULD HAVE BOUGHT LINK
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>21327959
Chill anon.
You'll be fine.

>>21327356
Piece of shit whale, why the fuck is he even dumping for Ampl? does he think Ampl will skyrocket in 2 days?
We are 2-3 days away from the refund, all he's doing is make the price lower for the poolers to go full in with STA if they want to.
They'll price out every faggot who hears the news and buys after them.

>mfw liquidity is so shit all it takes is 1 whale to dump in order to crash the price by 10cents
>mfw the opposite is also correct, all it takes is 1 whale to pump the price by 10cents.

>>21328152
promise?

Either these are garbage fudders or new gags who have never experienced a crypto dip before that deserve to stay poor.

>>21328238
This dude gets it...
We are so early we are literally 11 dolphins/baby whales from $1 and 185 dolphins from $10...

>>21328281
He right. You shouldn't check so frequently. Learn to buy and leave your stack be for 6 months.

>coin pumps
>noooo they’re dumping time to sell at a loss!!!!
>financially ruined etc etc

>>21328672
lol many such cases