/biz/ - Business & Finance

>>21489401
I fell for it and already lost $20

Newfags desperately trying to make it like link. Just ignore them they will be poor

>>21489401
No ones falling for it? I literally just spent 800 euro on it.... bros?

Shilling? Because it's good? Duh!

I’m a big holder of this coin but fucking seriously the copypasta shilling is cringeworthy. There’s lots of interesting potential applications but no one is talking about anything new or creative, Stanos dunking meme is fucking sick tho

>>21489499
It’s not though. Anyone else could make the same kind of token.

paid shills all of them

>>21489401
>scam
>working product with the most decentralized wallet distribution in all of defi
Pick one.

>>21489420
>>21489424
>>21489439
Statera will bring balance to DeFi

>>21489401
>>21489420
>>21489424
>>21489546
>imagine not picking up

>>21489401
You need to make a whole thread telling people to NOT buy? Sounds like you’re the shill.

3 months anon

>>21489401
>OY VEY DONT BUY IT GOY!!!
Thanks goldberg.

>>21489640
>>21477777
>>21488888
If these aren't buy signals, idk what to tell ya.

>>21489590
>most decentralized wallet distribution in all of defi

Kek. Imagine this shitcoin ranked in the 400-500 range made by an anon team is actually leading defi in any category. You STA shills are something else and put this coin on a pedestal way too much. You know there are other alts out there doing just as interesting if not more interesting things, right? Don’t get emotionally attached to a coin

>>21489401
i fell for it and then ditched STA for another coin 2 days ago and tripled my money while sta bled

i only own link and sta

>>21489753
>imagine being this blind sighted

>>21489796
>while sta bled
Dude we know we all have access to the chart right? STA's been stable at around 0.25 for 4 days. Don't be a lying little rat.

So if I understand correctly, I need Delta token to participate in the pheonix pool? How do I start pooling with my STA?

>>21489821
>blind sighted
at least try to talk like a human ranjeesh

>>21489885
>TA's been stable at around 0.25 for 4 days
no it hasnt

>>21489401
I fell and currently on a 40% loss on this one

>>21489821

Boopinder Deepsun reporting in

>>21489960

Sunrat darjeeling reporting in

>>21489960
sell sandeep

>>21489424
chainlink ahah devs still own 60% of supply so distributed lol

>>21490332
russian scam coin?

>>21489401
no, the pajeets are busy shilling offshift (XFT)

>>21489401
I just barley cought the link train, I'm not missing this one

>>21489420
I'll mail you a refund, fucking hell poor little sausage.

>>21489518
This, I made the blue Pepe statera icon and I’m holding a nice bag but some of the posts I see shilling it are fucking cringe.

>>21489753
>made by an anon team
like btc?
>ranked in the 400-500 range
3 months old and already there.
This is literally how decentralized finance should be.

>>21490625
>comparing the first ever cryptocurrency that introduced blockchain technology to the world to a project that came out 10 thousand coins later and doesn’t have an actual use case besides hoping more people buy and supply is burned

Tell me, what problem does Statera solve that more established products can’t already do?

>>21490625
>doesn’t have an actual use case
Except it can create more volume in any pool its in. 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"

>>21490460
>cought
aaaaannndddd the rasheesh reveals himself

>>21490824
>>21490865
It can create more volume in any pool its in. When you are in a pool you want to have a high volume to get paid more in fees. Statera can create more volume resulting in more fees paid out.

>>21489401
How many times are you gonna bag hold chico pumps?
At least fucking sell it and then reaccumulate when YouTube zoomer hands panic sell after a 1% dip.
Ffs guys.
t. Have been a Sta holder since Sta v1 and v2 token mint fiasco, defended abu and Nigerian scam fud multiple times during the initial weeks.

>>21489401
also the shilling is extra bad lately because everyone with an IQ above 80 already is in the process of making it with link, so the only people left are pajeets shilling shitcoins like this and newfags for them to prey on

>>21489956
You pitiful halfwit.

>>21489401

I agree STA can lick my balls