/biz/ - Business & Finance

>>22217052
To begin this discussion, I will ask, "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, and SNX all "balanced" with STA. 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 a STA transaction happens for buying/selling/pooling, 1% of said transaction is burned). This token burn along with tokens being locked in pools, pressures prices up to again make sure the other coins will be balanced, but also creates arbitrage opportunities across funds.


Why is increasing volume, liquidity and arbitrage useful with STATERA?
Well while pooling STATERA you earn a percent of all transaction fees in the liquidity pool. Please feel free to read the medium article outlining the first 2-3 months which came out to be an APY of 36% essentially creating dividends where there were none (https://medium.com/@stateraproject).).
The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled by balancing with ETH, BTC, SNX and LINK leads to an exponential effect and positive feedback loop on price. This leads to the concept created by STATERA known as "Volume Farming."


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 fact, I own more STATERA than some of the devs.

>>22217084
Can’t I just hold BTC, ETH, LINK or any other coins and balance my own index fund?
Yes, but can you add in a way to collect dividends (>36% APY) on your coins based solely on their volume/trading? Can you add in a mechanism that causes constant upward pressure in your index fund? Can you capitalize on every arbitrage opportunity for all the above coins to auto-balance and make gains when possible 24/7? Can you do all of the above in a trustless and truly decentralized (largest holder ~6% of supply) manner?


What is the low volume/high volatility problem?
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 deflationary mechanism creates inherent feedback ensuring that it cannot fail unless the entire digital market (ETH, BTC, LINK) collapses. It allows new projects and new contracts to solve the initial growing pains of high volatility and manipulation.
But what if bad actors simply manipulate STA?
This is why the fully decentralized aspect is important.

>>22217101
But what if no one uses it?
Then it fails. However, here are some possible reasons to support why it will be used include: First-mover advantage (FMA) and simply put, people are already using it. If BAL and subsequently Phoenix go on coinbase 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 new buyers are not necessary and therefore new holders of STA are not needed to generate income using STATERA as a community balancing tool.


Why is the price so low if this project is so promising?
This project was greatly anticipated, and it is still very young (4 months old) and it was very bullish since its inception. However, BALANCER labs was hacked utilizing the STATERA deflationary mechanism which has since been fixed utilizing the Delta token. Even more impressive is that STATERA and then BAL refunded the tokens lost during the hack which given the steep increase in price of the tokens we far more money than the initial investors lost. Crypto YT personalities such as Bitboy crypto, Chico Crypto and Ivan on Tech have all promoted STATERA with Ivan and Bitboy promoting STA and the applauding the refunds separately.

>>22217128
So why is this a moonshot?
Given how young this project is and the rapid growth it has had from $0.03 to a local peak of $0.46 followed by a correction to $0.15-$0.30, it has garnered great interest in /biz/ where it is now behind chainlink as one of the most promising projects for a "long-term hold". The number of holders continues to grow and is currently at ~4400 with volume rising regularly and recovered significantly since the price dip from the BAL hack. However, despite how bullish the community are, it is still only a 11 mill mcap to 30 mill mcap coin. Given the use case and integration with blue-chip coins it is not unreasonable to see it achieve an mcap of a top 50 coin, but that is conjecture on my part. Beyond this the project's team is actively working on new ways to increase liquidity, volume, transaction fees, arb opportunities, etc. by getting STA listing on multiple new exchanges including 5 new exchanges coming in September, 2020, and new integrations and pools for STATERA to balance.


I am happy to discuss price projections and the calculations that went into it, but the current models used for price prediction will need to be taken with a grain of salt given the assumptions made in the models (BTC reaching 80k by EONY, for example). For now, I am happy to have had your attention. Please let me know your thoughts and recommendations as they are greatly appreciated.

Quality memes in here

cringe telegram niggers kys

>>22217286
FUCK telegram and fuck you for suggesting I am associated with that cringe.

Bump

when normie button for easier investing?

Are you pooling or just holding your tokens hostage?

Financial satori

>>22217707
What would that entail? Could you describe?

Stacomfy

Can't wait for it to go back to $0.2 so I can dump my heavy fucking red bags

>>22218649
STAy comfy

>>22218465
oh no are you from the team? I thought they were working on this

>>22219059
can't wait for it to go to $.60 so you can fomo back in only to watch it tumble.

>>22220463
What is this?

>>22220546
Its giving MAD fucking antshares vibes bro

>>22220608
Never heard of that. Probably some chink scam

>>22220738
NEO

>>22220738
>being this new

$2 EOY

Consolidated my shitcoins. Now I'm all sta

Back to 12c staggots hehe

>>22220878
>>22221130
I’ve been here since 2018, never heard of antshares or NEO

>>22220608
I CAN FEEL IT

>>22221577
lmaooooo

>>22221577
You must be blind or retarded anon

You were on the nose about a chink scam though it went to 50 bucks

Statera will be 30 end of this year
It will also be 350EONY
Price this will be

>>22221700

CHECKED

Congrats to those that caught the bottom. Didn’t think it would dip to 8c

>>22221577
you never had ants in your pants? loser!

>>22221577
You have to be joking, right?

Give me one actual concrete reason why this is going to go back up and not just stagnate into irrelevancy for a year

>>22223305
because you aren't in, and therefore it will pump to god's door.

>>22223305
1% transaction burn in an index pool means constant "volume farming" i.e increasing scarcity which has a positive price pressure. The burn creates more price movement therefore creating more arbitrage opportunities and generates more income for the index pool. its both more arbitrage opportunies+positive price pressure. It's a solid idea. Read the whitepaper.

>>22223305
Breadcrumbs, anon. Something big is happening soon. It's been traced and verified in the past threads.
Believe me or not. Either way, this is going to be big.

>>22224233
Ok anon

Iykyk

Sirs the Africa FUD isn't working anymore. We need to make haste and load new FUD to crash Thank you sirs

Several BIG announcements before end of year.

That's why there's calls for $10 for EOY..

The psychological aspect in this is why people would waste their time in shit typing if they've no intention buy?

Simple...they missed the train trying to drive the price down so they can fill their bags

>>22217052
>>22217084
>>22217101
>>22217128
>>22217155

Why so much pasta, just get to the memes