/biz/ - Business & Finance

anyone can use balancer

statera is just a plain deflationary token, what are talking about yo

>>21960514

>स्टेटरक्रिप्टोसिक्का

I gotta say man the FUD is getting very creative.

>>21960656
STAtera is like Gas for the balancer.Its used to balance out balancer.

fud

>>21961715
>brown id
hello Rohit

This the Bizcoin ready to blow up during the next bull run.

>>21960656
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:

Increases positive price pressure and decreases volatility - caused by the deflation

Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage

Deflation can be put into any index fund (Balancer pool) or other financial instrument

Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable

Diversification - You can hold many assets in the ecosystem

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".

>>21960656
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:
Increases positive price pressure and decreases volatility - caused by the deflation
Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage
Deflation can be put into any index fund (Balancer pool) or other financial instrument
Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable
Diversification - You can hold many assets in the ecosystem
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".

>>21960514
I bought in 3k at like 2c I'm scared to look at the price so I just leave it and pretend it doesn't exist.

tranny coin

>>21963239
wym?

>>21961813
hello is this sanjit my neybor ifckin knew it you pooey bastard fuck I will come take shit on your door and knock door and you will come out and step o n poop fkin bastard may vishnu curse your cripto gains

>>21963207
You didn't do that anon. But if you did what you had would be worth $33,000 rn and 67,500 at ATH

>>21963265
a moderator for the telegram is a tranner. She has nothing to do with the token now other than also being an investor.

>>21963911
Pretty sure he just has meme pic

>>21960514
This fud is bullish

shut your lying mouth
you never shilled bitcoin or ethereum
you're just making that up to sound credible to get people invested in your investment so you can dump on them

>>21965087
hello mr obvious

2009 /biz/ really was a better place.

That refund really did it for me. Sold half of my linkies to this.

>>21963911
Even if this would be true "tranny" is not a relevant argument.
Trany or anyone else can create next BTC.

WHAAAAAAAAAAAAAT THE FUUUUUUUUUUUUUUUUUUUCK WAS THAT RIGHT NOW!???

>>21966409
It's the start of a small run.

>>21966864
It's just a bot spamming the same garbage in all STA threads.

>>21966901
If you watched it live, that shit did just shoot up like a rocket ngl.

>>21962855
Checked
Based

>>21960514
Clever fud

why did this piece of shit just drop through the floor?

>>21968073
If you're looking at this short term you're going to go insane. go week over week, not day over day.

>>21968073
someone dumped 500k sta

>>21968073
Whale dumped his 500k stack, 5k more STA burned

So is there anything stopping whales dumping their stacks then immediately buying back in to get more tokens at a lower price?

What exactly are these innovative technologies? Everybody just buys crypto in hopes of making a quick buck, does anyone really care about the algorhitms behind them? I find it ridiculous that people are holding conferences for their OC Sonic ceyptos when really the only thing that people care about is: will it make me money I dump a couple grand in it.

why so dump

>>21968249
That's not how trading or Uniswap works.