/biz/ - Business & Finance

Sta is a joke. It does nothing important or beneficial. No one will EVER give a single fuck about it.

>the coin of responsible investments and long term sustained growth

>>21430568
Never thought I'd say this, but these tokens burn cleaner than propane

>>21430527
i had the same reaction initially, but it is a deflationary index fund (same as a S&P tracking ETF), if you buy in early, the tokens will inherently increase in value as the supply decreases.

No one gives a fuck about the value of the S&P overall, they just want to make money. Same deal with STA.

$5 EOY

Follow the memes biz.
$5 EOY

This shit is gonna pop when they finish building the new website UI

>>21430370
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".

>>21430739
Typical autistic bizlets thinking that every token must have some sort of decentralized purpose

It’s kind of genius, this token’s sole purpose is to make it’s holders money. The sooner you get in the more you’ll make. It’s an honest ponzi token

i feel it

What's the suicide stack on this coin friend?

>>21431402
10k

>>21431402
10-20k I’m working desperately to get out of the Suicide STAck tier and into the 20-30 STAggot tier

post pics of your stacks please

>>21431658
Stacklet reporting in

The discord link on their twitter doesn't work. Why is that? Anyone in the discord?

>>21431783
based stacklets

>>21431783
That’ll be a lot of money someday

Anon how did you make so much from following advice from a himalayan yodeling board?

>>21431917
>>21432059
If I can scrape together 10k stat and we moon, beers are on me anons.

>>21431783
not posting pic but 20k, glad i doubled my stack when it hit 1 cent but i wish i doubled it again

My body is ready, beam me up Scotty

>>21430739
If i buy 100 tokens and 1% token gets burned then i would be left with 99 tokens . right ?

>>21430370
Daily reminder this coin doesn’t do anything special. It’s more of a meme than anything. Muh 1% burned. Yeah, were you here for Bomb and nuke? B-but my index fund. Get a fucking grip.

Kek this shit is ran by amateurs. You deserve to lose if you hold this.

>>21432504
Doesn't appear to be dumping hard like everything else after a moonshot.
$0.20 - $0.25 seems like a good buy zone.
Now I've bought and said that, it will be $0.10 tomorrow.

>>21432504
>>21432534
This is great that this is the best fud there is

>>21432534
Still gonna buy and hold more, your fud doesn't rattle me Gagandeep.

If i buy 100 tokens and 1% token gets burned then i would be left with 99 tokens . right ?

>>21432602
no, you will be left with pain

>>21432979
Like this All-Time High $0.466452 -50.4%

how do you know when to sell everything

>>21431783
>YAM

kek cringe cope seething

>>21430370
How much interest is there in a 40% Delta 30% Link 20% WETH 10% PNK or WBTC pool? Like how much would be worth to pool to start it like 5k in liquidity?

>started with 55k
>swung trade it into 68k and 10k Lock
Feels good man

>>21433142
>Yam
It's gone up since I bought.

>>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".

>>21433333
Fucking checked my dude, nice quints

>>21433333
I'm thinking based and makeitpilled

>>21433333

>>21430370
I'VE BEEN FUCKING HAD BY THIS BULLSHIT PONZI TOKEN, I LOST 1,000 FUCKING DOLLARS AHHHHHHHHHHHH

>>21433333
U S E L E S S

>>21430370
>STA is 0.01c
>STA is 0.05c
>STA is 0.1c
>STA is 0.15c
>STA is 0.2c
>STA is 0.25c
>STA is 0.20c
>STA is 0.25c
>STA is 0.28c
>STA is 0.25c
>STA is 0.21c
>STA is 0.25c
>(etc.)

>>21433654
See
>>21433333
Try holding for 6 months before pulling out pnk wojacks

>>21433654
You haven't got a clue what ponzi means, do you?

>>21433333
AHHH TAKE MY MONEY

>realize if link goes to the moon this does too
Whoa, the power of ETFs is strong

>>21430527
it's an economic instrument you dimwit. A large part of the blockchain space is dealing with finance if you didn't get the memo.

Go buy muh supply chain coins you sperg. I hear AMB is about to moon again.

>>21430739
isn't it just a token that has a burn function that can be added to an index fund of cryptos, simply just to add a coin that has a burn function as part of the basket of coins.

Our floor as gone from .16 to .18 and now seems to be .20. If this isn't a comfy long term hold I don't know what is.

>>21433333
>Holy checked

>>21431339
ok that's a good explanation, thank you for that

>>21433706
look at any chart other than 1 hr you fucking monkey

>>21430370
This guy made a good video on statera https://youtu.be/qrgYWgZPf08

>>21431339
So let me get this straight. I hold ETH, LINK, and STA in an index fund protocol like Balancer. Then, when ETH and LINK go up, my gains are sold and converted to STA. And by this mechanic, the price of STA will go up.

This is what a scam looks like people. By using STA you are funneling your profits into a shitcoin. The price will likely go up because of this, but its only going up because your profits are supporting the price. And when it crashes, it'll crash hard.

Don't let these guys sell you on this. Leave the index funds to the boomers. Find good projects and hold them. Don't hold this shit.

>>21434818
you had 2 months

>>21430739
It’s IN a particular index fund and acts as a tool that turbocharges the fees you get from pooling in it. It’s also in another type of pool and that token is in turn in aforementioned index fund, so you’re kind of double pooling.. the main index fund also has bots that balances out the fund and as this pool gets more volume these bots may be able to move the market slightly softening extreme price fluctuations.. ultimately the additional ROI that STA gives for liquidity farming is massive and once the defi world finds out, and the real world finds out then it’s only a matter of time till this tool becomes widespread. It’s already being added to new defi products and as defi can be plugged into each other new combinations of applications will be pioneered..

Aaaand anytime you transfer, buy or sell STA 1% of that transaction is destroyed so the market cap is shrinking quickly and based on maintaining the same market cap increases the coin value proportionally...

>>21434818
Just stick with XRP and getting your news off Facebook - this isn’t for you

>>21433654
Did you sell?
You only lose hen you sell

>>21434905
Ugh.. should read... aaand anytime you transfer, buy or sell STA 1% of that transaction is destroyed so the COIN SUPPLY is shrinking quickly and based on maintaining the same market cap increases the coin value proportionally..

>>21435112
Why would it maintain market cap and not shrink as well or go to 0?

>>21435713
because assuming the demand for the coin remains consistent, if the supply shrinks, the value of the individual tokens should go up.
This is basic economics.

What the hell was that!?!?!!

>>21436004
Thought you were cappin but yeah indeed wtf was that

I don't expect a gigapump after refunds.
I expect slow but sustainable growth over time. Get out now if you don't have the patience and zoom the fuck out.

>>21436015
It's moon time!! No cap

>>21436044
Probably not just yet, but hopefully this reverses the downtrend a little

>>21436004
aaaaaaaaaaaaaa

Are there any new news? Why it pumped?

are we pumping?

Someone just bought like 122 ETH worth of STA!
https://etherscan.io/tx/0xc4fe0aab698a3ea6b5349239f64f2107b72d11367c96d4ab36ab80f146006988

>>21436146
>>21436160
someone sold 3300 linkies and bought 120 eth worth

For FUCKS sake, I was literally a minute away from buying half an ETH's worth, and it pumped literally in front of my eyes, what in the goddamend fuck is wrong with me, why does this always happen, fuck!

>>21436162
>https://etherscan.io/tx/0xc4fe0aab698a3ea6b5349239f64f2107b72d11367c96d4ab36ab80f146006988

>yam

>>21436178
the dude also has $500 of YAM in his wallet.lmao

>>21436218
Price might dump again, just wait a bit

>>21436218
Why do you try to "time" a volatile asset like STA. I bought 3 times @ 0.3, 0.3 and 0.4 and couldn't give less fucks (although I got cucked by pending transactions and gas fees).

>>21436257
Exactly, just buy whenever and DCA if you have to. We're still super early

Am I going to make it?

>>21436293
Sell the boomercoin for something that actually makes money

>>21436251
I know, I know, someone is gonna dump the price in a bit, I'm goinna go get some breakfast and keep an eye on the price.
>>21436257
I don't have much funds atm, so I'm being autistic about trying to maximize their impact.

>>21436293
1.5M eoy 2021

STA is my comfiest hold. The medium and long term potential here is insane. Remember to look into pooling - Statera is more than just the STA token. Truly outrageous ROIs are available to you for a cashmere-comfy hold.

>>21430370
The price of STA goes up with crypto volatility. Thats the genius of it. Wether we are bearish or bullish we can count on volatility of crypto.

The next level and the new standard of defi is statera. Im hodl the fuck out of 20k stack.

>>21437042
W-will I make it with a 1.4k stack?

I need a job before I accumulate more, goddammit corona fucked me so bad.

>>21437131
how does 140,000 sound?

>>21430370
So glad I jumped on this train desu, Statera is the comfiest hold in a long time

Also, how long are the goddamned wait times on this shit? I put the slippage at 2%, but the miners fee they asked for seemed really low, like 5 quid. Is that the reason it's still pending? Can it still fail for some reason?

Sorry for the newfag questions.

>>21437265
p.good desu

Is right now a good time to buy between .23 - .24 or do you guys think it will dip a bit lower?

What does a 4k stack get me?

>>21437321
I don’t think it’s going to go much lower. Maybe 20c momentarily.

>>21437321
it's been hovering .23 for like 3 days now since the last pump so i'd say its a good time to buy, but sta is a long term hodl so dont worry about it too much

>>21437295
click on metamask,go under assets and speed up the transaction. click the fastest one. though it shouldn't take long without that. mine just completed in like a minute. are you sure you didnt use decimals when buying sta? has to be a whole number.

>>21437364
how does $4000 sound?

>>21437483
Sounds alright actually

>>21437439
Yeah, I just used uniswap, asked for 1000 STA and set the slippage for 2%. I had 0.605 ETH on the wallet at that moment

>>21437364
How does $400,000 EOY 2021 sound?

I like the idea and hold a tiny bit but the volume on this thing is atrocious

>>21437439
Also, I used coinbase wallet. Is it possible to increase the gas price in my situation? Or do I just need to wait and see if it goes through?

Goddamn this shit is weird.

>>21437405

Thanks anon. What are we thinking price action will be in the short term?

100k reporting in. So cozy

>>21430370
Feeling too dam Comfy...getting some more in a few weeks I just got like 1eth worth more a few hours ago.

>>21437836
Could be minor dips after refund, but that will be followed by big growth after every YT and news site talks about how for once in this fucking market the Devs actually did the right thing.

>>21437771
i don't understand..you used coinbase wallet? you cant use coinbase to buy STA. you mean you sent ether from coinbase to metamask? post a screenshot or something

>>21437984
I did it once before, what you on about? Just use coinbase wallet on uniswap, bought 339 STA this way just two days ago.

>>21430370
>STA is 0.2c
Oh wow STA for only $0.002

>>21431378
Yeah can agree, this whole market is a ponzi, but this coin is on another level

>>21431378
The devs only own 4% of the tokens, how is this a ponzi?

>>21438825
It literally can't be rug pulled. Don't try to process fud with logic

>>21438825
>>21438972
if someone tries to pull the rug, it would more or less work in the favor of everyone else holding and the retard would face a loss

>>21437512
Indeed my friend

>>21430739
>if you buy in early, the tokens will inherently increase in value as the supply decreases.
Ponzi scheme

>>21440339
kek you are a retard. if you buy in early enough to any token you will inevitably be seeing an increase in your tokens value. If you are holder #2 surely the value of your tokens have increased once holder #50 has bought in. Is that a ponzi scheme to you or simple logic?When there is a decent increase in the amount of holders comparatively to when you first bought in, I think it's a pretty natural assumption to make that your holding's value will increase. Stop being so ignorantly retarded it's a bad look for you

Where do you store your STA?

>>21433324
up from 0$?

>>21440987
same question, i have sta non hotbit but dont know where i can send it.

>>21440987
Metamask

>>21440987
I use metamask

>>21441101
>>21441101
Thanks friend, figured as much

>>21441101

Does MetaMask have a problem with STA? I've just exchanged some ETH on Uniswap for 1000 STA but it's not showing up.

>>21441155
go add token the put the contract in

>>21441155
You need go to add custom token and paste statera's contract address

Can make screenshots if necessary

>>21441155
Checked

I just tried to exchange and my transaction is still pending. It has been 15 minutes now.....

>>21440987
Ledger in a different room so that I'm not tempted to swing and fuck myself over.

Any gangSTAs?

>>21441183

If you're happy to do that my donkey brains would really appreciate it.

>>21441250
800 more and I will no longer be a STAggot

>>21441252
0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
add this

Has anyone actually pooled for a month to confirm real roi? Anyone in the telegram or something?

>>21434330
6 hours later:
>STA is 0.24c

>>21441273
Yes, they are saving the data each month to.

>>21441250
Reporting!

>>21441302
Any links? That’s sweet though. I’m just gonna pool everything anyway when I get the refund

>>21441281
6 hours hahahahaha

>>21436716
Has anyone here put STA into the Phoenix fund? I've never used a liquidity pool before so this brainlet has some questions.

1. When I am expecting the price of the STA token to go up, is it better to HODL or pool.
2. If i add my STA to the liquidity pool on balancer and STA gets burned/removed from the pool. Is my STA gone? Or can I remove my initial and still claim the interest on the initial.
3. wtf is a delta token, I haven't read the whitepaper yet

>>21441272
How long does a transaction typically take?? Been 20 minutes now... It's still trying to swap for me on unitrade. I can see the transaction, just worried about the slippage.

>>21441369
Good Shit™

>>21438825
Did those 4% shrink by the burn or just us plebe ?

>>21441413
https://www.youtube.com/playlist?list=PLaJGLRo8ZLrSYz5oj6Zob24GczA2PZCnh

Watch 3 then 2, friend!

>>21441358
C R A B B E D

WHEN IS THIS PUMPING I'M LOSING MONEY EVERY DAY

>>21441413
HODL till pump, then pool at the top.

>>21441474
>https://www.youtube.com/playlist?list=PLaJGLRo8ZLrSYz5oj6Zob24GczA2PZCnh
3 is deleted

How do I tell how much money I’m making from staking STA and ETH with the Delta token? Is it the number of Delta tokens I have that goes up?

Also, is there a Discord? The official link doesn’t work.

>>21432461
Look at it this way - with every transaction *someone else* makes, you end up having a bigger % share of the entire supply. Yes, you probably go from 0.0000451% to 0.0000453%, but that shit adds over time.

>>21441471
Only tokens involved in a transaction burn. So if you hold on to your STAtties and don't move them, they won't be affected by burn.

>>21441563
Sorry, meant 4

I am so tired of this uniswap scam being shilled here
we are in the initial phase of a bull market so everything moons and probably you gonna get another x5 out of this scam (before it crashes to 0) but the best option is just to stay in Chainlink and to get a sure x10

>>21442148
>chainlink will do a 10x to 180 dollar before STA is 1 dollar

>>21440339
Welcome to crypto.

>>21431402
Reposting since it's yet to be posted, also high tier STAutist checking in, fuck going to the moon, we're flying to Saturn EOY.

>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+

>>21442229

I'm starting to unironically believe this. LINK is fucking psychotic right now and I keep getting promised about a supposed refund pumping this up and yet every day I'm losing $1000

>>21442371
>yet every day I'm losing $1000
Youre not

>>21442495

I bought at ATH. The new floor loses a cent every day. Do the math.

>tfw suicide stack on LINK
>tfw also suicide stack on STA
feels good knowing i can literally NEVER commit suicide

>>21442518
>The new floor loses a cent every day
It literally doesn't new flor 3 days ago was like 0.16. Yesterday was 0.21. Now it seems to be 0.23.

>>21442636

>>21442518
STA had a huge run up, correction, and is now consolidating nicely. I'm sorry you bought the ATH, but the chart is looking good, and I'm confident we'll see a new ATH sooner than later

>>21442371
chainlink will correct, it hasn't been healthy growth. Its just a matter of time.

>>21442712
This we are still breaking holder ath every hour and is still crabbing.

>>21442717
i mean i agree its unhealthy growth but this is similar to ETH's run from $10 to $50 and then $50 to $400 and then $400 to $1200 so theres no telling how high we can go until we get dumped on

>>21441474
Watched the videos... Interesting idea... But wouldn't your APY gains just got knocked out by gas fees on your initial transfers? It would take awhile to regain those gas fees back even in the pheonix fund because ETH is shitting itself in fees constantly. The idea looks good though in theory.

>>21442861
Not really, i was in profit the same day i pooled.

Used some link gains to get a nice sta stack lets see where this goes.

I have 15k should i buy another 5 to be a STAggot?

>>21430370
Official Webpage:
https://www.standardcryptofund.com


https://medium.com/standard-crypto-fund/standard-crypto-fund-qqqf-f8ced06ac82c

>>21443182
yes

>>21442861
Are you a poorfag and pooling just $5 or something? Can't tell if you are LARPing or just in that sad of a position in your life. Please I must know....

>>21443248
fuck off you faggot

>>21443084
Comfy

>>21443369
Link+STA. If you know, you know.

Are we finally in a upwards trend?

if you buy STA and sell it before EOY, you're a fucking idiot
I hope you frens research what you're investing in

>>21443430
>finally
literally less than a week since we tripled the last ath
patience young anon

>>21443543
But everything is mooning! I don't want a shitty looking chart of my coin, once the normies enter the game. They're gonna look at that chart and say yuck

every time i see the chart start to pop off some whale dumps hard,

dumpers get a bullet to the head

>>21443647
Better that faggots who want to get out on a profit get out early.

>>21443639
For the retarded pump we just got, this is a pretty good outcome, a correction and bleed is inevitable for that utterly ridiculous 10x.

>>21443639
Consolidation after a big run up is a good thing. The chart looks quite bullish to me

>>21443647
Shut up you small fish. If us whales want to eat we eat. Just becuase you annoyed me, ill dump 49999 next time we get close to .3 to stop run. Be happy were allowing this party to keep going. At the profits were at, Im estatic even at .02

How much for a make it stack?

>>21443815

Chart looks good anon, remember Link was crabbing for DAYS and days after mere 20% upsides.

>>21443922
Well im interested in the idea so im reading up on it. Seems like anytime a transaction is made on the chain it converts it to STA and burns 1% of it?

>>21443815
50,000

>tfw STA will be 10$ EOY

STA $10 EOY.

>>21444397
>>21444438

Autism. I'll never let it get that high.

>>21443726
>>21444477
this larp is pretty bad bro

>>21444591
Lol sure its a larp.

>>21444477
Post wallet.

>>21444791
I'm just a larp like you said. Lol

>>21444477
You have no choice at the rate of token burn

>>21444161
Yes, info pasta below:

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".

>>21444894
Supply demand >burn.

>>21444477

$1O EOY

>>21444397
>>21444438
>>21444477

EOY is around $5

>>21445005
Yeah I know, was just trying my luck at the GET.

if you pool delta tokens, how does the passive income show up? The delta tokens increase by fractional amounts in real time?

And just like that, we'll never be above 29 cents again.

>>21430370
Official Webpage:
https://www.standardcryptofund.com


https://medium.com/standard-crypto-fund/standard-crypto-fund-qqqf-f8ced06ac82c

>>21445154
When you are in the delta pool you get delta tokens. Fees gets added to the delta price. If you are in the phoenix pool you own a share of the pool and the value of your share increases and you get bal airdrops.

And just like that, we'll never be above 24 cents again.

>>21445154
https://www.youtube.com/watch?v=bRoOW-Uu2pQ&t=2s
watch his videos

>>21445276
I can just picture the whales perfectly, checking the ticket every once in a while. "Oh look at that, a couple of green bars"...WHAM

>>21445616
Fuck this shit, I'm closing the ticket tab

>>21445670

Ikr, and the thing is the coin is shitting its only use case because it's "sUpPoSeD tO MoOn WhEn WhAlEs DuMp"

>>21445743
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"

>>21445778

All of this falls apart if no one holds STA / whales constantly dump STA

invisible devs, absolute pajeet website, roi promises on the front page of the fiverr whitepaper (KEK).

STA just reeks of slav ponzi. why is this being shilled unironically?

>>21445846 weak fud
Satoshi is invisible

The devs are known anyway

The ROI has been over 36% APY and as high as 40,000%.

>>21445805
>>21445846
Never mind, when you know, you know. Let the pasta marinate and it will either click or you are not the type of anon who buys link at 20 cents.

I'm trying to get ETH to buy STA through Metamask, is there a method with zero fees out there?
Fuck paying 2% to the jews.

>>21446136
Unfortunately you'll be paying the jews either way while eth gas prices are so high

>>21443639
>normies reading charts
kys

Well i just got just short of a suicide stack. You fucks better not fuck me.

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

>>21447091
what constitutes a suicide stack for STA anyway?

>>21447461
10k

>>21447499
fuck that, i'm probably gonna get 5k

I bought STA on uniswap yesterday, how do I pool and what pool should I join?

>>21447091

>>21447960
I'd say Delta is the way to go right now - but you will need an equal value of ETH to STA to do so.

https://app.uniswap.org/#/add/0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2-0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>>21447979
I wish it were this good.
BORING BORING BORING
.25c stablecoin

>>21440339
kek btc works the same way; why wouldn’t be in be a ponzi then?

>>21448223
Less than two weeks ago STA was a '6c stablecoin'.

>>21448905

>>21448905
Yeah and then it got PnD'd by discord trannies.
NOW WE BLEED.

>>21449100
Not true, devs are just liquidating their tokens to get the refund ready, after that it's MOON TIME

>>21449228
Sure it is.

>>21430370
What’s the suicide stack? I’ve got 20K I bought for around $200

>>21449595
Suicide STAck is 10-20k so you’re good

Add to your STAck if you want to become a STAggot

>>21449531
Why wouldn't it be? The whales with weak hands have already left for YAM (kek), and after the devs have accumulated the funds for the refund there's nothing in our way to the top. This token has already been tested in a hard way and still recovered from that. I'll be on the lookout for your pink wojaks next week

>>21449634
Eh, I’m going to just leave my stack at 20K. I’m busy accumulating BUIDL and PNK.

>>21449595
>>21449634

Make it money starts in the upper GangSTAs territory

>>21449100
>bleeding
>crabbing between 0,22-0,3 with new holder ath each day
If you dont understand how bullish this is you are ngmi.some people that got in early are dumping and getting replaced with people that are buying for over 25x-30x. Next breakout will be insane

>>21449856
Once we pass 1$ all the phsycological barriers will be shattered and then the sky is the limit

>>21449899
>Once we pass 1$ all the phsycological barriers will be shattered and then the sky is the limit

This

There'll be a small dump once it reaches $1 since that'll be a profit-taking point for many people but that same dip will allow more people to buy in, then the momentum will keep carrying it up. 1% will also continue being burned with each transaction so the decrease in supply will further push prices upwards

>>21449965
>small dump once it reaches $1
More like colossal.
Remember REQ?

>1% will also continue being burned
>muh deflationary token
Deflationary tokens have literally all been outed as scams. Why would this be any different?
And don't just give me your stupid "index fund" pasta in reply. I want a real argument.

>>21450045
Because those coins only ”value” was being deflationary. Statera invented volume farming and combined it with a index fund while also being deflationary. This is only the start and one use of statera. Its the most decentralized defi project when you look at the distribution between Wallets compared to others. That Isnt just in defi

>>21450170
Why does it need the deflationary element?
Why would I not just make an index fund?
What is the purpose of the token?

>>21450314

The purpose is to make faggots like you FUD

>>21450375
Fantastic argument anon, well done.

>>21450314
Purpose is to be a balancer in a index fund

>>21450391
Why would I want the token then?
Why would I not just invest in the index?

>>21450314
The deflationary element stimulates movement in the balancer pool due to the constant lowering of the coins supply and therefore increasing price per token.

>>21450314
The deflationary part of statera combined with a balancer will work like jetfuel for farming volume. In a pool you get more fees the higher the volume is. A balancer will make trades all the time to always have every asset on a set %. Statera burns 1% on every transaction so that Will cause a chain of trades for the balancer because every asset needs to be at a set %

0 volume bleeding shitcoin kek

>>21450441
Because then you wouldnt have STATERA in it balancing things out, you could invest in a traditional index fund like S&P 500, but you're not that retarded are you?

>>21450524
>over 1 million

>>21450547
But why own the token and not just invest in the fund?

>>21450441
The only one who can answer those questions is you. You do not need to invest in the token to invest in the pool, but the token is necessary for the pools it's in to function the way they do, so by holding STA you are essentially betting on the success of the whole Statera ecosystem. Also, read the whitepaper you massive fucking faggot.

>>21450556
>925 thousand
Close but not quite.

>>21450657
You get two layers of farming: one by minting Delta tokens (50/50 Eth and Sta), and then another by putting Delta in the Phoenix pool. If you don't see the absolutely fucking insane potential passive income from that, I don't know what to tell you.

>>21450662
You do need the token to invest in the STA:ETH pool that mints Delta. You need Delta for the Phoenix pool

>>21450657
I just literally explained it to you, but you want the same answer again? Dont they teach how to understand what was read in india?

>>21450772
>you need Delta for the Phoenix pool
No, the Phoenix pool CONTAINS Delta. You can pool using any or all of the assets inside the Phoenix pool.

>>21450657
You can just invest in the fund but you will still own sta then (delta is 50% STA and 50%eth) but of you do then why not own sta since it is good enough to use? It Will obviously go up

>>21450804
Ahh that’s right, wow even better

what's a good site to buy sta? i've only ever used coinbase

>>21451146
Link your coinbase wallet to the uniswap app

>>21450778
>Dont they teach how to understand what was read in india?
>What was read
Wow, calling me a jeet eh?

not trying to fud but you guys ever afraid people wont realize the greatness of STA and it'll just drop off completely someday? we may realize its importance but people seem to just be brushing it off

Sirs these STA threads get consistently 200 to 300 replies why not moon?

I'm just starting to get into buying crpyto and im hearing about STA and Kleros but I'm a brainlet who doesn't understand these things well.

>>21451462
Because it's all telegram fags.

>>21450804
I don't understand maybe I need to read the whitepaper, can someone explain a brainlet why it is better that phoenix contains delta but doesn't need delta to pool?

>>21451303
No risk, no reward. I'm a jobless poorfag, and my stack is only 1230. I fucking hope it won't moon before I can get some income going, but if it falls through? I understood the risks.

>>21430739
>if you buy in early, the tokens will inherently increase in value
please explain to me why this is true, what value is actually attached to this token? Burning the supply of a useless piece of shit isn't going to make its price increase

>>21434818
It's telling how you have 2 replies but no coherent counterarguments are given.

>>21431339
>This token burn + tokens being locked in pooling pressures prices up to again
no you retard, the most essential factor to increasing the price of something is to increase the DEMAND for it, reducing the supply does absolutely nothing unless there is a demand or a need to acquire it. There is no inherent demand for STA because it is a useless token.

STFU you bum

Balancer hack reparations when?

As demonstrated by the replies in this thread, we need simpler instructions what this coin does and how to get into it, otherwise normies will never get into the game

>>21430370
based

>>21451868
That's why we need unishit whitelist and new exchanges.

>>21451780
demand is hardly necessary, utility will make the demand my friend

OH NO NO NO

>>21451780
And Link as well, right?

>>21430370
What is the mechanism for how STA is deflated?
Is it automatically "bought" off a trading pool and transferred into a burn address? What is the burn address?

>>21449701
Bugger. I'll just have to use the sta money to make it next cycle. God being a poorfag sucks.

>>21451254

>>21452024

308 Negra Arroyo Lane, Albuquerque, New Mexico

>>21452024
STA burn address is the goto eth burn address of 0x0000000000000000000000000000000000000000

Does anybody else get 2017 Chainlink vibes from Statera?

>>21452374
No.
I get REQ vibes

>>21452250
There is no STA in there.
Nothing has been burned yet?

>>21451976
>demand is hardly necessary
>>21451998
>And Link as well, right?
lmao enjoy your shitcoin, it may or may not moon from ponzinomics but somebody is eventually going to be left holding the steaming bag of shit and it's not going to be me

>>21452422
You know every single moonmission had people like you cheering it on, right?

>>21452374
No, what massive solution does it offer like Chainlink?

>>21452599
Reliable, immutable crypto indexes seems to be the argument.

>>21452637
So why would anyone want that? And why isn’t there any info of who’s in charge of the project on their site?

>>21452537
the moon mission is over, it's already done <50x and all that's left is bagholders like you with gaped assholes and losing money every day. Onto to the next scam, which will do the exact same thing.

>>21451780
The demand is its function as an index gun for the big two BTC and ETH, as well as LINK.

>>21452791
Because the contract is immutable. Nothing can be done to it, it's now decentralised and its future in the hands of the community.

>>21452806
>the moon mission is over
you guys have been saying this ever since its ATH was 14c.

>>21453047
Last week STA was 5 cents, this week it's 25 cents
The moon mission is just getting started

>>21452806
youve got a sack of potatoes for a brain and everyone here can tell

> put STA/ETH in pool
> STA whale sells, have more STA, less ETH
> STA pumps, have less STA more ETH

pic related

>>21453047
Ok, really, why are you so pissed off? If I was you, I'd be happy that people you obviously don't like are making a mistake. I'm just trying to figure out your motivation here.

>>21451605
Yes, please for the love God read the fucking whitepaper before you come here asking questions

UH OH NOOO NO NOOOO

>>21451868
The project is like 3 months old dude it will happen. Everyone seems to be forgetting how fucking early we still are.

>>21451868
It's all. In. The fucking. Whitepaper.

>>21453476
this is why not everybody got into link at first. Those who get it and want in, will figure out a way to do so.

It keeps dumping where is Thanos when you need him?!?!?!

>>21453634
all of /biz/ would be marines if they knew what would happen in august

>STA is 45c
>STA is 40c
>STA is 35c
>STA is 30c
>STA is 25c
>YOU ARE HERE
>STA is 20c
>STA is 15c
>STA is 10c
>STA is 1c

>>21451568
Watch videos on crypto. Read the whitepaper for a coin before investing in it. Lurk more. Create an excel sheet (or manual entry on Blockfolio) where you track the investments you would make with your disposable income to see how you’d do before adding real money into the mix. We were all newfags at one point, we’re all gonna make it.

>>21453689
Crabbing

Hello Stabros, I'm holding a contest right up /b/ & /biz/'s alley.

Who posts as many naked ladies with the token's logo and link "crypt-id.com" in under 24 hours gets rewarded 1000 STA and 1000 CID.
You need to use a trip while you shitpost. You have 72 hours to prove you're the biggest anti-jannie of them all. Make sure your threads do not 404 too early and your presence is as obvious as possible.

I'd like them to be a succubus, magician, any fantasy lady. Goth girls are fine too. You will have to cover her genitals and nipples however.
Make sure the logo and link to the website is clear to see.
Bonus 250 CID and 250 STA if you record yourself screaming "Jannies clean it up, jannies" and post it in your OP.
Bonus undetermined amount if you post it on other boards without getting banned.

>>21453976
I'll reward 1000 STA and CID every 24 hours up to 72 hours to who posts the most OC all over /biz/.

>>21452250
Ok, it checks out.
I see now a percentage gets sent there in the transfers when you buy/sell.

>>21453976
>>21454020
Cringe until you posted about intentionally calling out the jannies, now it's kinda based. Fuck Jannies.

>>21453976
Hey Henchman, where's the tyrant at these days?

>>21453780
Lol I remember when this was .0X, ahh the good ol days