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/biz/ - Business & Finance


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21758429 No.21758429 [Reply] [Original]

Old one 404'd...No shills allowed, just comfy talk

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".

>> No.21758754

>>21758429
no

>> No.21758767

>>21758429
I unironically bought a 5K bag at .30. Trying to cope right now... any help anons?

>> No.21758769

>>21758429
Blessed I didn't fall for this one

>> No.21758793

>>21758429
Is holding STA enough? Or do I need to fool with the Delta token shit?

>> No.21758840

>>21758793
Your choice. I keep a third of my stack for pooling/unpooling.

>> No.21758854
File: 32 KB, 500x377, 1576847119920.jpg [View same] [iqdb] [saucenao] [google]
21758854

Are we pumping

>> No.21758877

>>21758767
Get a side STAck of something else to play with so you don't fuck with STA. That is how I coped through 3 years of holding LINK. Currently I got a side STAck of Howdoo/Hyprr to keep my mind busy while holding STA

>> No.21758878

You still trying to pump this dead project? Yikes. Buy STONK instead.

>> No.21758928

The market is starting to flip green, wonder if our time is soon.

>> No.21758986

>>21758878
>You still trying to pump this dead project? Yikes. Buy STONK instead.
You got it the wrong way.

>> No.21758988

>>21758877
Fair enough anon. This does only represent about 12% of my holdings I am a poor fag so I don’t think I’ll sell... it also seems like the pooling isn’t worth it until the next pump either so just sorta stuck I guess. Willing to HODL though, it won’t ruin me

>> No.21759001

All-in’d at 10 cents after the initial pump to 15, held through all of the bullshit and hack, sold at 8 cents for something else and immediately watched this take off in 2 days. Bought 1/3 of my stack back. Traded that for FLOW all-in. Did 8x with that. Made good money on other meme tokens. Now I’m back with my original suicide stack and a few extra thousand dollars locked up in FLOW. Please tell me this ride is going back up /biz/, getting my original suicide stack back plus other money was always the end goal.

>> No.21759014

>>21758988
Pooling isn't worth it if you dont have sizeable bags.

>> No.21759066

>>21759014
What is a sizable bag if 5K isn’t? I’m guessing you’re talking about beating transaction fees

>> No.21759074

>>21759001
We still got the same amount of holders. Once the market turns green again we will pump. Alot of news coming to.

>> No.21759124

>>21759001
Bag holders want to dump so hard, any upward momentum will be crushed

Meanwhile many whales are up 5x or 10x on FLOW and it’s been stable above $1 for days

>> No.21759300

>>21758767
Did the same and was lucky enough to get out when it shot back up to .27 the other day. So fucking glad I only lost a few hundred dollars from this scam. Learned a valuable lesson though

>> No.21759704

>>21759300
This is a great example of the coordinated fud.

STA fud campaign confirmed. Literally confirming STA is the next LINK. IDGAF if I am shilling. I bought link at 20 cents in 2018 and I get to call being an oldfag holding 75k of link. Now go buy STA to hedge the dumps. I spoonfeed you idiots enough, go do what you are fucking told.

>> No.21759742

>>21759014
Agreed, I have 400k plus STA and it is very lucrative at those numbers.

>> No.21759819

>>21759066
5K might be decent to pool with when we hit 50c or so, but at the moment you wont generate many returns to be worth having it in there. It's really only useful at this level to serve as a way to keep yourself safe from dips as opposed to turning a sizeable profit.

>> No.21760249

>>21758429
honestly thinking about joining this coordinated fud campaign. Get the price where they want, so we can moon again

>> No.21760897

None of these tools in here know where that pic is from lol

>> No.21760952
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21760952

Remember last time we slowly crabbed down? I remember what happened next!

>> No.21760954

>>21760897
Fucking zoomers don't even know good music.

>> No.21760993

>>21759704
It's amazing how many anons pop in to try and save us all from certain economic disaster. And they were all lucky enough to sell the local tops and advise we do the same "before it's too late."

Thanks so much, altruistic anons who have everyone else's best economic interests in mind. Really swell of you.

>> No.21761003
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21761003

>>21759704
Based.

>> No.21761036

>>21758429
> "index fund"
> Lists 3 (THREE) coins, one of which is fucking Chainlink.
Dumb fucking retards, you are buying into a literal African scam.

>> No.21761106
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21761106

>>21761036
If that's true why do I feel so comfy?

>> No.21761720

>>21761036
> Lists 3 (THREE) coins
already wrong. And its decentralized so literally anyone can create a pool with delta in it to get higher volume.

>> No.21761761

>>21761106
Where are tokens sold in the US? Can't find them on gemini coinbase or binance

>> No.21761917

>>21761761
Uniswap.
https://stateratoken.com/
press trade

>> No.21761933
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21761933

>>21761761
It's on a few exchanges. Pic related. But the bulk of the action is on Uniswap. Can a STAbro paste the contract number?

>> No.21761952
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21761952

People are so reactionary on biz. The entire market is dumping, Statera is and will be fine. I plan on holding for the long-term so this all means nothing to me. Might buy if it goes under under .12 though.

>> No.21761960

>>21761933
0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>> No.21761990

>>21761917
ALWAYS use the official site. Don't ever rely on anyone giving you the 'correct' address.

Goes for any other project, too.

>> No.21762008
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21762008

>>21761960
We're all going to make it, fren.

>> No.21762057

Go back to Telegram, scammers.

>> No.21762101

This FUD reminds me of the Link 2018 hmmmm...

>> No.21762213

>>21762101
These scammers remind me of Fiverr in 2020.

>> No.21762235
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21762235

$0.55 by next Friday

>> No.21762305

>>21762101
It's EXACTLY the same, anon.
"it's a scam"
"token has no use"
"Get out while you can" etc.

It's actually really, really encouraging for anyone who's been here a long time.

Statera is the new /Biz/ coin. Deal with it, or shut the fuck up and join the party.

>> No.21762338

>>21762213
Idk man last night people were saying STA was a scam because it had shit memes. Now it's the memes are too well done so it must be a scam.

>> No.21762384
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21762384

>>21762213
*cringes in tikka masala*

>> No.21762385

>>21762305
Yeah, just makes me old bizfag more comfy to see this much FUD on STA.

>> No.21762467

1$ waiting room

>> No.21762652

I'm sure it is comfy when you're at the top of the pyramid and not one of your victims.

>> No.21762744
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21762744

>>21762652
*winces in onion bhaji*