/biz/ - Business & Finance

someone in another thread said "so many ranjeets are going to get justed when this dumps next week"

can anyone debunk that or are we just gonna let that go?

>>21934579
Presented without evidence can be dismissed without evidence

WTFFFFR BIZ TOLD THAT THE REFUND WAS GOING TO DUMP THE PRICE AAAAAAAAAAAAHHH I LOSE ONCE AGAIN

>>21934842

Whats your guys target for selling? I'm thinking $4.50 to $5

>>21934579
(1/4)
...you keep using the word ponzi or scam but you do not understand why it does not apply here.

You see, I would prefer it if no one bought STA. I would prefer balancing funds with this code myself and collect all the fees from the pool as I pin it to existing smart contracts.

If an asset or contract has low volume then it is susceptible to high volatility. This leads to the premature failure of many promising projects and contracts early in development and is one of the main barriers to a fully decentralized and digital world. A simple quant balancer cannot solve this as in finance 1.0 because if the volatilty is too high then such a balancer is subject to fail also. However the addition of a literal meme like deflation and token burn creates an inherent feedback to this system ensuring that it cannot fail unless the entire digital market collapses. It allows new projects and new contracts to solve the initial growing pains of high volatilty and manipulation.

But what if bad actors simply manipulate STA? This is why the fully decentralized aspect is important.

But what if no one uses it? Then it fails. However some possible reasons to support why it will be used include: FMA and that people are already using it. If BAL and subsequently Phoenix go on cb then it will not be long until STA is cemented as the industry standard. However, this is the key. If we do not utilize this tool then it will fail. This does not mean we need more people buying it. But more people using it and allowing it to be integrated into their pools, funds, contracts, etc.

If more projects integrate it then IDGAF if I am the only holder. I will be a trillionaire.

$20 maybe three years from now

>>21934972
1000$

>>21934579
>>21935015
2/4

Compare STA to an actual ponzi that requires people to buy at a loss to sustain the project and profits of those above them further requiring more people under then to buy at even more of a loss. In this case, if more people buy the tokens burns and the price goes up but my share of the pool is diluted should I be tempted to take profits from the upward price action. The pool is more valuable than the price of STA as integrations will guarantee more token burn and fees. Whether more people buy or not, I will still profit for providing a service to other projects.

People are going to buy it at $1 or $5 because it will increase in value not just because someone buys it, but because of the burn function and the pool. The pool is causing the tokens to burn eternally, because as long as there's at least a little liquidity in the pool, tokens burn.

As long as there are STA holders who want STA price to rise (not even saying that they get 30+% APY), they will provide pool liquidity. And, as long as tokens burn, their supply will decrease, so it doesn't matter if you buy at $1 or at $10 - you will be sure that your holding's percentage of total supply will rise, and thus the value of your holdings.

>>21934579
>>21935015
>>21935036
3/4

Now, one might say "but the volume might drop, and that might result in less burn". Yes, it might drop, but that wouldn't stop tokens from becoming more valuable, it will just take more time. Again keep in mind that the more liquidity in the pool, the more volume arbitrage can be generated by executing larger swaps leading to more burn -> STA appreciates faster -> more liquidity -> larger volumes -> market cap is larger -> STA appreciates. The pool size needed to maintain healthy burn rates is not very big - if only 1 million dollars of value would be held in a pool, that would mean $200k in STA, and that's sufficient liquidity for arbs to make large enough swaps. And, to get the pool to 1 million, only 50 people need to pool $20k each, and amongst the current STA top 100 hodlers, there are many people who have much more than $50k in ETH and shitcoins. Actual STA believers should become "gain/volume farmers" by diversifying their 'folio and pooling at least $10-20k into the pools, to make STA, and thus their STA gains, grow faster. No need to pool STA, you can pool your BTC, ETH, LINK which are sitting lazily in your wallets, and generate the STA gains for yourself, and you won't lose anything.

>>21934972
Gonna take my initial investment out probably at $5 and then some at $50, going to leave atleast 10k sta for $100+

>>21935063
>>21935036
>>21935015
>>21934579
4/4

So, it's in the best interest for a STA investor to not only hold STA, but pool too.
By pooling, you don't lose anything, but you get these benefits:
1. Portfolio diversification - which should be done by every good investor.
2. Safe store-of-value - when you hold your diversified portfolio in a pool, if one coin drops 50%, you will experience only 10% decrease in total pool holding value.
3. You make your STA value grow faster: as above

The STA investor basically creates his own gains by himself just by safe-holding his diversified portfolio in a pool, while making his STA appreciate. This is known as “gain/volume farming”

>>21935067
Think I'm gonna pool my initial investment around a couple dollars.

...

>>21935450

Yeehaw motherfuckers, today can only get better if I get watch more commie terrorists be put down again
That shit is fucking beautiful

Anyone else see Kyle's 180 Noscope live? Kid has SKILLS