/biz/ - Business & Finance

I hope you're right :) I wan't to move out with my bros and have some hobbies

>>21470587
I'm ready.

new stacklet here with 2k, saving up for at least 5k
when do i make it

>>21470587
What is the point of this token?

>>21470771
you need to lurk the statera threads man...someone asks this question in every thread.

>>21470797
Explain it?

>>21470839
It's just a speculative asset thats included in a very specific index fund. It doesn't have a purpose, it's just a run of the mill deflationary coin with pretty ok decentralization. The statera fags are convinced that the tokenomics guarantee its success.

>>21470907
Everything I read about the pools confuses me.

>>21470940
Read the whitepaper.

>>21471145
I have, why would anyone buy into the pools?

>>21471248
https://www.youtube.com/watch?v=bRoOW-Uu2pQ

based

>>21471248
FOR RELIABLE GROWTH
Jesus christ you zoomers.

Refund is gonna be lit

>>21470839
>>21470771
>>21470940
>>21471248
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".

>>21471476
i don't know how you manage to not go insane spoonfeeding these tards every day, respect

>>21471476
If the token is deflationary I would expect the token to go up in value in the long term. If I want it to go up in the long term, any pooled token will balance toward the token with lesser ROI. The fees I would need to generate would need to offset this, if they do the token is undervalued, and the market will correct this in the long term, driving the ROI up on STA, if they don't I just lose money on not just HODLing STA.

I've got $12,000 invested right now.

Feeling good about the morning.

I'm gonna buy more but don't get paid til next friday. Don't moon without me boys.

how do I buy this?

>>21472848
uniswap or hotbit

>>21472848
get eth, then through uniswap (link is on statera's website)
brought 1500 STA yesterday lads, got another chunk of btc rotting that i might exchange and throw in there too

>>21472848

>>21473017
>>21473156
thanks

ill buy 5k

I thought the refund was this weekend, now it's next week? Maybe I'm just remembering wrong...

>>21473920
the list was finalized yesterday, it's going out this week

im buying more tomorrow

>>21470839
https://www.youtube.com/watch?v=qrgYWgZPf08

Just bought 10k STA. Gonna come back to biz in a month or 2

how do i "pool" my statera? Can never get an answer to this

Only the poolers are making money, get out while you can and go for PNK, has actual real use cases unlike a shady PnD with no face/s to the company.

What is the make it stack for STA? Seems like it will pump in this bull market. No brainer.

>>21475581
Idgaf what biz buys but imagine, just imagine not holding any pnk. It’s like they hate money and want to be poor forever.

>t. Turned $5k into 80k since feb holding pnk

>>21475533
https://medium.com/@stateraproject/investing-in-stateras-deflationary-index-fund-19c74947a0d5?sk=c756f8bcda52b49e078e98098680e58a

>>21471548
thanks fren. I posted a lot of LINK info back in 2018, but over time it takes a life of its own. Eventually with enough anons, STA will just "click"

>>21476094
I am right there with you. Posted a ton of LINK info back in the day and now posting up Statera info. Ive aleady seen my pasta around. STA is giving me LINK vibes in just the way it has been picked up by the Biz community and just like Chainlink, STA is really hard to comprehend. It takes most people at least 2 weeks to get a handle on it. And even then, they still won't know the true potential until a few more weeks of study.

>>21476094
STA clicked with me, gonna buy in as soon as I can and HODL

>>21472392
Same

The next leg up is .36 cents.
It’s coming soon. We are going to pump

>>21473920
yesterday its finalized, its going to be sent out by next week by statera and probably within the next week or 2 by balancer, im guessing they'll be sending tokens gradually

Newfag here
I can't get my suicide stack until Tuesday, will we still be at $0.20-$0.25?

Better to hold STA or convert to delta/Pheonix asap?

why in the fuck would it "moon", tell me anon in all your infinite wisdom how will it "moon" you have the AUDACITY, the TENACITY, and outright VEROACITY to tell me and other anons/pajeets that THIS, this STANTERA PANTERA COIN, this MEME TOKEN is a "Moon mission"? You might as well pack yo scuba suit, because this "space-craft" is going to turn into a submarine real quick. "MOON"? MORE LIKE BOOM! STRAIGHT INTO THE RED OCEAN

>>21476799
good job, I also want some cheaper coins to move up the ranks

>>21476740
Hold STA for the moon mission and then lock in gains into a pool

>>21476854
This

>>21476854

bought another 2k yesterday when it was down to .21, feels good

>>21470587
Should the BAL Phoenix pool grow in order to gain more STA volume?

>>21477927
Absolutely yes.

>>21470907
Already earned 200k$ from it in less than 2 months? Tell us how it is useless pajeet?

Still tonnes of people asking what the token does, what the pooling does, etc.

Lads. You're investing money into what will be a future retirement/huge pay-off. The very least you can do is ignore Biz and READ THE FUCKING WHITEPAPER.
Make your own mind up.

I seen this shill fest for weeks and eventually decided to read it.
And I'm glad I did. Because it all made sense, and when it clicked, I bought some.
Then I joined the TG, seen the community, watched some vids, read some articles and then bought some more.
I'm gonna DCA over the next few months, because Statera is absolutely the real deal.

But DON'T TAKE MY WORD FOR IT.
Read the whitepaper. Please.

>>21476799
MY GOD anon are you posting your favorite espn nigger memes in every STA thread?! like I said anon your IQ is showing

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

This is the most bearish shitcoin shilled on this board. Unbelievable that you hold this garbage instead of rebuying the bottom at 5 cents.

Hilarious that staggots think giving everyone free coins will somehow increase the demand and cause a pump.

sta is literally money. sta is literally the future. in a few years everybody will be saving their income in sta. nobody has figured out a way for steady growth yet except sta. the momentum cannot be better. people are noticing inflation. they are gonna invest their savings into gold, silver and soon as sta becomes normy friendly also in sta. every aspect on sta is fucking bullish.

>>21479268
>og poo id
Checks out

This number 5 wallet show yourself, he keeps swinging. I though lt swingies are supposed to be punished

>>21479300
>cant believe that you hold this garbage
>would rebuy bottom at 5 cents because he likes buying "garbage"
>logically illogical faggot
thanks for the bumps anon! Oh and also KYS

What is this refund? Also explain pooling to me and should I do it or not?

>>21479400
Didnt they already partially tie the rope after they put their STA earnings into YAMs?

>>21479400
I'll skin him myself

just bought some heavy bags, is this token staking in any way?

>>21479300
They're not giving everyone free coins though
also
>poo in ID

>>21479460
no but it is constantly burned every transaction (1%) so as you hold your stack becomes a larger and larger percentage of the supply

>>21479422
Read the thread you fucking faggot Jesus christ

Can't you see it, staggots? The hype for your shitcoin has died down completely. The PND is dead in its tracks. The only way ahead is a long road of bleeding culminating in a one final dump.

>>21479492

it doesn't answer either of those questions you double nigger

>>21479508
why are you so mad bro? You can still buy in. Price is pretty good. Make some money with us anon

I can’t find Statrera on Binance where can I buy in??

>>21479595

uniswap

>>21479608
What is that

what is the refund about?

>>21479652
>what is this i am not good with computer

>>21470587
How do I buy STA?

>>21479695
The original balancer pool was exploited and the pooled $500k drained. Balancer Labs and Statera team agreed on reimbursing the lost tokens to the poolers.

The worth of the pooled tokens has gone up about 3x after the exploit so there might be an influx of about 1M to the STA ecosystem if everybody holds STA and buys more/pools back with the other tokens.

There were about 2M STA in the pool.

>>21470797
Which means we are getting new fag volume in here ..interesting..

>>21479652
>what is a search engine

>>21472160
At 3k wanna get to 5k

>tfw

>>21479775
How is the refund paid to those who lost money?

>>21479742
Uniswop but it looks shady sir idk

>>21479775
i still don't quite get it, will everyone get refunded STA or those that currently are in a pool?
what pools are there? uniswap?

>>21479852
Its totally legit, been using it for weeks

>>21479826
The amount of tokens they had in the pool at the time of the exploit will be transferred to the corresponding wallet.

>>21479861
Those who were pooling when shit happened will get refund

>>21479887
that's some based retarded analysis

>>21479861
No, this is only for those who had a share in the original Balancer Labs pool around 30th of june when the exploit took place.

>>21479887
Except it will break to the upside you Turbofaggot.

>>21479887
Bro, just stick with the fudding. TA is clearly not your strong suit.

Staggots hated him because he told the truth

>>21479884
So lets say i had 5eth and corresponding amount of sta at the time. Now I get it back and want to pool it again in delta, but since sta has gone way up in price I have to dump at least a part of it to be able to get enough eth for pooling?

>>21479546
So check the archive, those questions have been answered in these threads ad nauseum for weeks. The point is don't expect a warm welcome when you want to be spoonfeed without even doing the bare minimum of research on your part. If you can't be bothered to read a 30 page whitepaper then you don't deserve to make it.

>>21479969
dw anon, I am screenshotting ur posts and when we moon i'll repost em.

>>21479977
I’m not sure what’s the case if one had pooled with a single asset only, but I believe it is assumed nobody did that (for simplicity)

In that case the worth of STA that was 20% of the pool at the time is now (very roughly) about 50% of the pool’s worth because of it mooning harder than the rest. That leaves you with 50% of the other tokens which you can then pool back with STA 1:1.

>>21480111
Is it possible to pool with single asset? I know delta needs eth and sta both for pooling, not sure about phoenix.

>That leaves you with 50% of the other tokens which you can then pool back with STA 1:1.

I assume you are talkinh about phoenix pool here. Link has also skyrocketed but if I understand correctly you are saying then this would leave me some extra sta which I cant pool since i Dont have enough of other tokens required for it?

>>21480288
And to continue, Im not sure if phoenix works the same way as delta as in you need to hold all of the different tokens before you pool?
Like with delta you need eth and sta

>>21470587
How do you tell apart dishonest shills and legit gems

>>21480348

Be smart.

>>21480288
Phoenix allows you to pool with a single asset but there will be extra fees due to the system swapping your asset to the required portions of other assets.

For Delta, you can always buy the token without going through the pooling part itself. This won’t increase the total liquidity though. I read something about single asset pooling for Delta on some of the new exchanges but somebody else probably knows more about it.

>I assume you are talkinh about phoenix pool here
I was talking about the original pool. If you were in it, Statera’s worth of the total refund sum is roughly about 50%. So if you had lets say $1k pooled, you will receive about $3k of which $1.5k comes from STA.

>>21480312
As I said, you only need one token and the balancer swaps it accordingly. So you can pool with only wETH for example and with 70% of that it will buy Delta/wBTC/SNX/LINK

>>21480348
Lurk moar and DYOR.

>>21480348
>>21480648
pretty simple

>>21480631
Got it, thanks! Didnt know you could just buy delta without pooling

>>21480348
Also I'll give you one surefire tip - If a thread's OP is filled with "NEXT 100X EPIC FOMO BUY NOW AND BE RICH SUPERULTRA GEM UNISWAP Etherscan - cuM69sH1tpO0a55x0104s0n1g63R" then it's probably some faggot shilling their pump and dump.

~ 87,022,599 = market cap 24 hours ago
~ 86,992,540 = market cap now

>>21480821
Whoa dude, you got 30 sick B's? How'd you get them?

>>21480803
>>21480677
>>21480648
>>21480626

Would a decent strat to start with be to actually check out the coins being shilled here, read their white papers and look at the background of the people working on them, and see if their technology is anything other than a fork of some existing coin?

>>21480883
First start is to check the coingecko and etherscan to check out how old the coin is, the spread of coins per holder, then go into the website, white/litepapers, history etc. Most of the time you can tell something's going to be a rugpull after you see a bunch of faggots load up their bags for a month before the coin starts getting shilled, or if someone has 80% of the coins in their wallet just waiting to dump on people. There's been a bunch of tokens which have been dead for a few years that people buy bags in to pump and dump on here.

>>21480883
imagine buying into something that you have no idea what it does or how it works

>>21480883
try and learn how to discern white people from indians first by how they type, it is pretty hard in the beginning but its like learning how to ride a bike, once you know you will never have to learn again.

>>21471447
Yeah people will sell their shit instantly. You think it's not a race who dumps the quickest? Kek

>>21472160
Same as me. What are we in for realistically at eoy?

>>21481272

Current burn rates, $10-15, eoy 2021 $100+

>>21470587

Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera Statera

>>21480999
Yeah this stuff i have learned and I am at least somewhat aware of the risks & how not to get scammed, but i always feel like I still don't know enough and as if im missing some info that others may have and even after hours and days of reading it doesnt change


>>21481069
I havent brought this, but I know your mocking is actually because you care about me fren

>>21481132
Am... i white? I look white, hopefully I'll get better at telling these apart

Statera is literally LINK in 2018.

Screencapping all you FUD'ers for next year when you'll be crying about not investing and posting pink wojaks

>>21481538
dyor fren, you can still make money by buying into solid projects that actually have something to show for already instead of buying into pnd's hoping you can time your exit (protip: you can't)

Impossible to predict.
One thing is for sure - the team are dropping new updates and surprises ALL THE TIME, so expect to see many more parabolic pumps...

EOY could be anywhere between $3 & $10

>>21479994

kek I will make it without spending a second doing research and there is nothing you can do about you stupid triple nigger

>>21481272
$1-5 EOY

>>21481538
I mean, at the end of the day, it's all a gamble anyway, there's a ton of totally solid and well done projects that go absolutely nowhere and others which fucking skyrocket even though they don't do shit. Generally though, if you research shit enough and make good decisions you should come out with a profit, just not the profit you expected to gain.

>>21478899
its a pasta i made dipshit

"Here, anon. It's for you. You are going to pickup right?"

>>21470587
sell for AMPL

>>21481652
>>21481768
Thanks frens, I hope you make it

This shit will literally never go up lol. Reddit will not allow it.

>>21470587
5k STAcklet reporting in. Will I make it? Also have 500 LINK.

>>21470587
Attention fellow anons, a new prophecy has been made.
>>21477777