/biz/ - Business & Finance

>>22379898
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.

>>22379915
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.

>>22379898
>Statera is a smart contract powered deflationary index
remove the deflationary feature and implement a mandatory staking policy and we have a deal

Nice scam coin

Why is the balancer pool still so low ?

>>22380719
Unpooled for pump

>>22379898
Let's go pumpSTAs!

This shitcoin is going down.
Devs are stupid as f**ck, they blew all of their marketing funds on a refund because of balancer pool hack , that wasn't even their fault.

Whch would be Good but those idiot didn't got any publicity out of it. And now they are complaining on TG that it's because they don't have any marketing money. And are asking ppl for donations.
Well you should have think about it before you blew all your marketing funds.

>>22380982
It’s possible that Balancer only agreed on the refund if Statera team handled the STA. Sucks big time but shit happens.

>>22380503
The deflationary feature is what makes it work by forcing Thanos to balance the pool retard

>dev wallet creating YFI, DAI, SNX and LEND uniswap pairings
Why? Imagine if Statera manages to catch the farming wave..

>>22381334
holy shit this is huuuuge

>>22381334
Buckle up.

Devs are definitely 'do first, tell later'.

>>22381334
link to dev wallet?

>>22381606
https://etherscan.io/address/0x43189898d712df36d37c41d2897843482f729c65

>>22381334
what does this mean translated into brainlet? I hold sta but haven't pooled any yet

>>22381739
It means that this is your last chance to load up before we moon!!

>>22381777
Comfy af

>>22381777
Trips of truth
So comfy

>>22380982
> Self-censoring on 4chingchong