/biz/ - Business & Finance

>>21537945
it's the very definition of a ponzi scheme.

It's sketchy.
Seems to gain value magically, almost-anon team, immutable code, has no function other than make money.
Also too young to have a unique meme culture so it copies other coin's memes, that's a big reason.
Also that John guy and his incessant fud.

>>21537945
Because a good amount of people panic sold at 1c when it dropped because of the 'hack' the other month and are mad that everyone is getting refunded and the price is now higher then it was before the hack lmaoooo great job bizlets

>>21537945
>>21538023
>>21538059
>>21538312
All green ID's
Bullish af

>>21538023
>>21538059
>t. didn't read the whitepaper

>>21537945
i like statera, but i did just move all my bags into a Popular Shitcoin temporarily, trying to 10x so i can get a nicer bag of STA

>>21538023
>>21538059
Tnx, buying more

$3 eoy.

>>21538793
Based

.21$ seems like a fair time to buy

>>21538312
This

>>21539909
25 cents now anyone who didnt buy at 21 cents missed the best buy in time thats ever going to be available again.

marvel is cringe

>>21540404
no it is going to be 14 cents next leg down then anything can happen

>>21540471
w/e pajeet faggot

>>21540511
well endowed? at least call me a nigger then

>>21540582
back to 28 cents bitch

>>21537945
is there any way to see dollar price on uniswap?

>>21537945
Because they got told everyday to buy at 0.01 and they still didnt. Now they are to mad that they "missed" it and wont buy even though we will go past 10$

>>21537945
>trigger biz
Fool STA is biz. The fudders are biz trying to get cheaper bags and the shills are trying to help newfrens. What are you on about?

If /biz/ was not STA you wouldn't 200+ reply threads going back and forth across multiple threads a day. It would just be ignored like pajeet shills are. I bought link at 20 cents in 2018 and ut is deja vu.

>>21542084
Filing this one under based

>>21542084
>/biz/ is STA
>200+ responses to every thread
at least 30% of those responses are reddit niggers asking how to buy the coin kek, what a dumb point

>>21542084
Those Fudding Sta now on here are either trying to get more, or trying to get IN.
It'll go to 45/50c and then there'll be another wave of those trying to get more, those trying to get in...
And then it'll go to $1.75/2 and there'll be another wave...

It's the same old pattern, and it's happened for all the years I've been frequenting this Venezualen Origami Forum.
It's hilarious to watch people fall for it. Every. Single. Time.

And it'll happen for the next 30 years until the Earth burns to ashes
(optimistic prediction)

>>21542440
Nice reddit spacing.

Okay so what's up with STA? Newfag here. Just took a nosedive, what do people mean with refund? Why does it cost like 9 euros to buy this shit with eth? How am I going to break even on really low, like sub 200 euro buys?

>>21542613
SCAM

>>21537945

Where do you buy statera?

>>21542707
Stateratoken.com -> Trade

>>21542675
Thanks for the great explanation

>>21542613
>what do people mean with refund?
The balancer pool was hacked and 500k$ (2M currently) were stolen. The refund will roll out shortly (20% in STA, 80% in other coins) and this could either mean a pump or a dump.
>Why does it cost like 9 euros to buy this shit with eth?
Cause eth sucks and it can't scale, the eth network is congested so transactions cost a shit ton of money
>How am I going to break even on really low, like sub 200 euro buys?
The retards on here predict 10$ EOY (it doesn't mean shit but i guess you can use that as reference), that's a 50x aka 10.000$

>>21542613
Read
>>21537077

>>21542707

>>21538312
Bet this is the main reason and those who decided to never touch STA get reminded multiple times a day of its existance and how well it’s doing after all the fud.

>>21542976
Seems solid, want this shit hacked not long ago as well? >>21543030 shit like this makes me hmmmmmmm as well

>>21543631
Statera itself wasn't hacked - the Balancer Pool which had it (and BTC, LINK, SNX & Eth in) was exploited, and had 500k removed.
The Balancer Pool guys admitted fault and are in the process of refunding the 4 non-Sta tokens (now worth ~$1.6 mill!). The Sta team then decided to also refund the remaining 20% of Sta (even though they didn't have to) because they're absolutely based as fuck.

>>21543631
The Balancer pool was hacked. Not Statera. thats why they are giving a refund.

Statera code rock solid. People new this and thats why it bounced all the way back to new ATH recently.....like, it took only a month. crazy.

Ponzi scheme

>>21544333
Checked
Based
Redpooled

>>21544428
And the pool is now at almost 450k.
Could be well over a million this time next month when the refund hits...

>>21544727

Based

>>21544727
>>21544825
Read
>>21537077

>>21542707
>>21543030
an anon told me it was now available on blockfolio is this not true?

>>21537945
Because it's basically RSR but worse.

>>21545091
>>21545091
You can only track your investments, you can't buy coins on Blockfolio

>>21545260
Really? I bought 120 ETH of STA on blockfolio

>>21545296
lmao

Should I be pooling or just buying STA?

>>21542675
Ya ur gonna have to fud harder than this if you want to get in

It triggers me bc I had 300k and sold at 5c

>>21545389
Depends what you risk profile is, I was in the original pool and I’ve gone 2-3x - because everything has pumped, but I’ve missed out on bal/fees for months.

My STA has gone -95% and now I’m 5-6x, you should look into the whole eco-system and work out what’s right for you.

>>21545336
They had no kyc or even email verification, it was kinda weird but super easy.
would recommend

>>21542707
This was a brilliant bait post that everyone is too fucking stupid to fall for.
>reddit spacing
>newnigger spoonfeed request

>>21544460
they are all ponzis bro. When you buy shares/stocks/crypto you want more people to buy so you can sell at a higher price

Thats how a market works

>>21538023
Without a doubt, it is fair to say that the cryptocurrency market exhibits many of the behavioural traits you can expect to find in ponzi or pyramid schemes. However bitcoin is distinguished from these schemes through several primary aspects, explored in detail below.


There is no central entity or individual behind the operation of bitcoin
There is no fixed or periodic return guarantee
There is no reward structure for recruitment
The function, operation and potential of the network is open and transparent
Value is dependant on price discovery across many global markets, not from a centralised entity.

>>21538864
the white paper says absolutely nothing of value, this reeks of pajeet.

>>21546367
You just described STA fren, I’m even more bullish. BTC of defi

If you're not in at these discount prices, you're literally NGMI and I feel fucking bad for you.

FUD Busters
>it's a ponzi
No, it's an index fund balancer. It isn't meant to provide guaranteed monster returns, but rather consistent reliable returns. These are based on the crypto market at large, and not some invisible source as with a ponzi scheme.

>Devs will exit scam
They only own a small percentage and it has been audited.

>PnD is over
STA has pumped multiple times and is still young, retaining value around 30C

>deflationary coins are a meme
The deflation is just a mechanism to facilitate balancing of any index affiliated with the STA ecosystem. It isn't the primary draw.

Do you have faith in crypto? Then buy STA. Do you not have faith in crypto? Then GTFO this board and go back to waging.

>>21545725
I'm pretty sure everyone but absolute retards realizes this is a scam. but its a decent board filter I guess. Excuse me while I go jerk off to my 6 figure portfolio

>>21546708
BTC OF DEFIIIIIIIIIIIIIIIIIIIIIIIIIII

Why is no one literally talking about this?

>>21547015

>>21537945
It's unfathomable based.
Much like with ethereum circa 2016 and chainlink circa 2017-18, once you get it you'll get it

>>21546748
my only FUD is that it is ahead of its time, without either strong incentives or an easy to use product its gonna be difficult to build a reputation as the first/best crypto index

easy for us to understand cause we are degenerates, but we aren't even STA's target market

>>21546748
This guy. This fucking guy gets it.

>>21545030

truely high IQ Anon

>"It's for you anon. You are going to pickup?"

unironically FUD'ers of STA will be pink wojaking' when it reaches $2 EOY

>>21546748


Please give us more.

I had assumed that the primary draw was the deflationary mechanism to facilitate balancing of an index where liquidity providers can benefit on trade volume earnings.

What more is STA to you?

>>21537945
We're probably going to a new ATH within 1 weeks time.

I have faith in this coin.

>mfw I look at the statera exchange rate

>>21546748
Based

>>21548362
See you guys there

Is it too early/soon to be pooling STA right now? I've watched several videos now and I think I understand impermanent loss and the basics behind how pooling works/pays out, just confused about when are the best times to be pooling and when I should just be holding onto my bag

If you can name me some members of the dev team I'll move my 40k stack of LINK to STA

>>21547173
>>21547290
>>21547771

The huge thing about the STA ecosystem is that it is designed to create volume. The burn function is important, as it creates a domino-effect.

In recent times “Yield farming” has become a big buzz word - and Statera invented "Volume farming".

Exciting times ahead, frens.

>>21548470
Its all about risk management. Pooling is a more safe bet since you are betting on more than 1 asset and you also get passive income. Holding just STA is high risk since you are holding 100%, but it could pay more if STA moons. Personaly im really bullish on Statera so im just pooling 10% right now. When we reach certain price points ill pool a portion of my stack to "secure" my profits.

>>21548499
https://www.youtube.com/watch?v=RRlJbe7ZUh0&t=101s
Watch from 1:40. Scott created Statera and thats well known.

>>21548410

>>21547015
Because it's actually a good coin

>>21548656
High IQ anon

Please someone tell me how much a 50k stack will realistically be worth in 2 years I can't wageslave any longer holy fuck

>>21537945
All the dirt of the devs will be coming out VERY soon. You boys are in for the shitshow of your life. Pink Wojacks shall fill this board en masses for weeks.

>>21547726
Funny to imagine it’s less than 10x away. Could happen overnight really.

>>21548964
We are in uncharted territory my friend. DeFi only got about 4 billion mcap. (not counting chainlink)
Statera is growing quickly and so is Defi. We are only at the start.

10 million conservatively

>>21548964
1.25m-10m

>>21549001
Even if there was dirt it would literally not matter at this point anymore because the project is ready and dev wallet will soon hold less than a percent of the supply.

>>21549001
>dev dumps 3.1%
>gets bought up in seconds by new holders
>dev gets priced out
Profit???

why do i always get failed transaction when adding liquidity to uniswap.

happens on uniswap and zapper.fi

fucking shit sucks

Anyone here borrowed Chainlink through Aave? any tips for me?
I'd like to sell STA to get both in Chainlink and STA, maybe even more tokens.

How does borrowing with Aave work? Do I have to keep my chainlink as collateral on their platform? can I margin trade on their platform?

Wow i love this stablecoin

So which exchange and pairing do I select on blockfolio or delta to track this that's the most accurate price? Seems to vary a lot.

>>21549685

If only /biz/ knew how much coverage this is going to get as soon as the refund hits.

>>21549860
Hope it'll make up for the fact I missed AMPL. (and a bunch of other pump n dump mooning coins atm like FLOW and Shrimp.Finance)

>>21548964
2 years?
At least half a mill.
That's pretty conservative.
A decent bull run sees $20 Sta.
A golden bull-run sees 100+

And, of course, the pools will be absolutely massive by then, and the gains from fees alone wil be quite ridiculous.

>>21549860
It won't make up for the refund DUMP

damn, I wake up and we're back below 30c. Kinda disappointing. Oh well

>>21550227
Hahahah can’t wait for the refund PUMP

>>21550227
>>21550227
>It won't make up for the refund DUMP
Some people will sell but most, by a large margin, will either hold it or pool it. You are so disconnected from the project that do not understand that most of the old pool was held by the members of the team, whales, and other community members that are still firm believers of the project.
You do you anon, but when the inevitable pump arrives don't come here posting pink wojaks. Because you were warned.

>>21537945

Can we turn this into a thread pointing to the best pool strategy using the Delta token.

Id love to start a pool on Balancer. Got a huge bag of LINK along with a decent size bag of STA. I am thinking of a pool consisting of

80% LINK 20% DELTA.

Would that be a decent pool? I still want LINK exposure but would love get a return of some kind.

>>21550752
It is advised to throw in some weth in there to drive volume. Even as low as 10% will help with fees.

>>21550752

Or is it better to utilize multiple assets and DETLA in order to create more trading volume. Or does the amount of assets in a pool even matter.

>>21550801


Why does adding wETH drive more volume?

>>21550849
Basically, because WETH is the asset with the highest volume on their exchange and will help you with the generation of fees.

What is pooling?

>>21551074
you can read about it on reddit.com

Can some based STA holder chad explain this pooling thing for retards like me?

>>21551443
https://www.youtube.com/watch?v=QzNhe5Hd0do&t=285s

>>21550993

So assets with the highest volume on balancer also offer the highest fees?

So, would a 50% LINK, 30% wETH 20% DELTA be more ideal?

If im just interested in earning passive income. Would it be better just to do wETH %50 and DELTA 50%?

How does a newfag sell this shit on uniswap? Approving.. has been going for 20 minutes now.

>>21551916
You need to approve every token on uniswap to trade it.

New holder number has barely moved since yesterday. Looks like this coin is dead.

WHEN'S THE FUCKING REFUND IM SICK OF WAITING REEEEEEEEEEE(fund)

>>21551818
>So assets with the highest volume on balancer also offer the highest fees?
The higher the volume the more amount of fees that your pool will generate since it is serving its liquidity to make those trades happen.
>So, would a 50% LINK, 30% wETH 20% DELTA be more ideal?
Yes in terms of passive income generated by fees.
>If im just interested in earning passive income. Would it be better just to do wETH %50 and DELTA 50%?
Hard to tell yet but, probably (?), Delta is generating a really big roi.
I can't be certain until more time passes and we have more data from the pools.

>>21552016
Are you always this retarded? Just wondering

it is unironically the next link. and the same people that missed the link train will fall for the weak fud and miss this one too. i love it.

>>21551916
>he thinks he can now sell
Lmao retard. This is what happens when you buy things without researching
You probably bought my bags

>>21552016
We shilled this shit to death here these last days from the channel
I made some thousands with this ponzi shit. Genuinely hope you guys made it too

>>21552175
>>21552016
You both will be left behind.

>>21552175
Lol you could’ve waited 1 month and made a lot more, good fud though

>>21552241
>>21552283
I don't care bros. I still love you. I hope you both make it too

>>21552077
Thanks anon. This is invaluable.

Curious

How much longer until we can calculate and compare the use of DETLTA and roi.

Also, in your estimate, how many pools are needed to have a full set of data work with?

>>21552077
Delta has been a great pool the past week due to the heavy volume.

>>21552404

Were you just staking Delta in Balancer?

>>21552497
No, I'm providing liquidity in the STA/ETH Uniswap pool.

>>21550993

Pooling makes you the house money. Your offering your tokens and providing liquidity to an exchange. You earn fees in return.

>>21542215
ooga booga nigger retard learn to count

After reading all this "muh pnd" fud, is now a good time to buy, or do we go back to 20 cts?

>>21553526
If I had free money, I would buy more sta now...

>>21552337
>Also, in your estimate, how many pools are needed to have a full set of data work with?
The more the better. It is hard to make accurate estimates anyway considering how volatile all the crypto market is.

Attached you can see the earnings of Delta during July.