[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 11 KB, 279x181, Stat.jpg [View same] [iqdb] [saucenao] [google]
22486341 No.22486341 [Reply] [Original]

Not dealing with any price talk/speculation here, but I'd like to ask Biz something.

Who would be the most beneficial person for Statera to get in front of outside of Binance + Coinbase? Would it be an exchange developer, influencer, or someone else?

List as many individuals as possible.

I can’t respond until EOD - please give an answer and provide your reasoning why.

>> No.22486407

Insider as in?

>> No.22486429

>>22486407
Inside your mom lole

>> No.22486557

>>22486407
I'm well connected.

Trying to get momentum here with the project and more funding for the devs.

>> No.22486576

Maybe connected to some meme yield token with 10s of millions of volume

>> No.22486590

>>22486576
MOREEEEEEEE

GIVE ME MORE.................

>> No.22486775

>>22486341
coinbase

>> No.22486867

It's a community token, so naturally, a or the community has to represent it. I think with an already finished product like BTC it should fly to the top together with an engaged crypto-communities. Having a developer makes little sense. Having an influencer could be fine. The power of STA doesn't lie in its great code, it lies in the groundbreaking idea of deflation in an index fund. I don't know any particular names but ideally, I think an investor or economist who has ties and knowledge to and about index funds. So shilling it like a phenomenon similar to BTC and what it will possibly provide for the future of finance is in my mind the superior way of STA gaining acknowledgment.

>> No.22486881

>>22486341
I wish I knew, but I don't really follow those types of people

>> No.22486941

>>22486775
that would just be flat out D E S T R U C T I V E

>> No.22487069

>>22486429
Ayy lmao

>> No.22487079

Rory piant
Ask the admins in the facebook chainlink group to lightly shill (since link is an asset in the pool) a lot of them come here

Shill to vitalik why not?

>> No.22487120

>>22486867
Rich dad poor dad guy

>> No.22487208

>>22486341
I hold around 300 000 STA. I am without shadow of a doubt, rich. I’m 44. My financial guy at one of my firms, a corporate de-risking manager, told me about STA. recommended me to buy some. He has less than me. My entire company is responsible for at least ten individuals buying. You need to get in front of corporate finance managers, CFO’s, Financial Controllers, investment managers, and pump it to them.

>> No.22487296

>>22487208
Based

>> No.22487332

>>22487208
Provide more details plz. How did your team come to the conclusion that this was a good buy - you're telling me to bridge the gap with finance boomers but most aren't willing to hold Sta within a wallet. Maybe an option is to contact Anchorage and other custodial firms.

>> No.22487413

>>22486341
Unironically Rory and Sergey of chainlink. Chainlink partners with utter shit projects. Why not statera? Statera needs price feeds? Think what oracle information statera needs.

>> No.22487502

i feel like a fucking jackass with a 22k stack i want more

>> No.22487556

>>22487208
heh...I guess it's true what they say...
if you know you know...

>> No.22487613

>>22487502
24k stacklet reporting in

>> No.22487837

can I make it with 10k STA?

>> No.22487872

>>22487837
I you hold for a few years

>> No.22487941

binance

>> No.22487945

>>22486341
>>22486557
Oh for a second I thought you were asking who should be the face of the team.
Right now STA would have to be superior over YFI or YFI would have to fuck up somewhere. (just like AMPL and its clones fucked up heavily, elastic supply meme POS)

STA would have to farm harder than YFI - which could be possible because the deflationary aspect would create a chain reaction explosion across all the pairs and pools that contain STA & Delta, respectively. But I didn't do the maths to know how much network congestion would happen and how much 1% burn would matter across the pairs.

STA needs to find a way to 1-asset farm without 1 user requiring both assets, perhaps a middleman where 2 users put their LINKIES and STA to farm STA+LINK without sacrificing 50% of your stack. I heard this is already possible through zapper, just not with Balancer Lab's garbage pools.

Would have to be even safer than YFI - If the total price of your index fund drops more than 5% then sell everything to stablecoins or vault it, when it comes back at the price you bought in, the assets go back into the index fund.
Would be amazing if there was such a thing for stocks/nasdaq/s&p500 where all your stocks get turned into gold. And you could set this manually how much 5-10%, how long, disable/enable.

Would need to have its liquidity in 1 place like YFI
Balancer pools are actively stealing STA's liquidity by dispersing STA into 5 different assets now(yes 5, including Delta token)

You need a better arbitrage bot around STA just like YFI. The bot should not suppress the price, it should only be able to keep it from dumping or be far smarter by detecting when a dumper wants to genuinely exit over just swinging.

Also Sushiswap currently has articles all over the place about it, funnily enough this did not help the price in the least because normalfags do not invest based on news and do not invest in crypto.

>> No.22488001

>>22487502
not top 100 but still nice stack

>> No.22488009

>>22487945
>If the total price of your index fund drops more than 5% then sell everything to stablecoins or vault it, when it comes back at the price you bought in, the assets go back into the index fund.
That would be awesome

>> No.22488013

>>22487945
The smartguys invested in YFI because it was COMP, MakerDAO, Aave(LEND) yield farming lending, but better and automatic. Even the crypto traders have no idea wtf yield farming is, only the smartest figured it out. I wonder how much they were farming since 2019...
YFI itself as a token is more useless than STA.
YFI is just a transition/coupling volatile token to couple with a stablecoin or another volatile token to create yields. The arbitrage bot is the real technology behind it, which again would be useless without all those pairs with insane volume because there'd be nothing to farm.
Imagine farming YFI-BTC pairs.

>> No.22488033

>>22487945
very nice idea

>> No.22488069

>>22487613
Same desu

>> No.22488198
File: 19 KB, 300x300, d24aec51.jpg [View same] [iqdb] [saucenao] [google]
22488198

rappers

>> No.22488217
File: 23 KB, 680x709, 1587287223591.png [View same] [iqdb] [saucenao] [google]
22488217

>>22487837
It'll just take longer.

>> No.22488329

>>22486557
https://pastebin.com/mvtU6zre

Can you tell me here or in private what is the status of the journalists' news articles reporting on Balancer Labs' 2M refund? and if you guys ever plan from moving away from Balancer Labs? I think Balancer has way too many cons outside of farming BAL tokens.
I've been in a lot more crypto pools before and they never asked us to perfectly balance our assets with their bot. I find it redundant to have an arbitrage bot coupled with a balancer bot.

>> No.22488346

>>22486341
We're gonna make it friends

>> No.22488384
File: 627 KB, 900x599, 930BBFAA-BB4F-4C3F-A0C5-207E10E51789.jpg [View same] [iqdb] [saucenao] [google]
22488384

>>22487945
This isn’t bad but I disagree with approach focused on yield farming. STA is actually best suited being paired to other asset classes. Imagine STA paired to AAPL, STA paired to BTC, STA paired to gold. This might be head scratcher at first, let me do my best to explain quickly.

There are proven use cases that monetary policy could greatly benefit from with the use of a trusted deflationary asset. The reason why you don’t see it used as much today is the lack of traditional solution in finance 1.0 of a trusted deflationary asset. Insert Statera.

The Phoenix pool & balancer is cute, but is not the complete vision of what this can be. Index funds would greatly benefit from a new type of asset class that STA can create by pairing with traditional equity vehicles. If I can decouple the equity risk with a deflationary paired currency, it can support investments in more volatile assets due to the lower risk tolerance.
You can’t tell me that boomers aren’t interested in specialized ETFs. Many derivative inflationary mechanisms that would not normally be tradable (think VXX for example) are already extremely popular and traded normally. Derivative deflationary investment vehicles has always been an untapped market due to lack of TRUSTED solution. STA being 15 lines of code is a huge PLUS, not a negative.

The more assets you can peg to STA and generate volume, the wilder the volume farmed feedback loop becomes and positive price pressure increases. The balancer pools were only an intermediate step to prove out the use case. And even with Phoenix being a very small fund as it is, if BTC/ETH/LINK starts pumping, you better believe STA is going to pump as well just from that volume alone. This is a ticking pump bomb and word is spreading quickly.

>> No.22488510

>>22488384
Meant to say risk exposure * not risk tolerance. Give me a break

>> No.22488613
File: 130 KB, 444x444, 1579273967593.jpg [View same] [iqdb] [saucenao] [google]
22488613

>>22488384
Based.

>> No.22488617

>>22486341
>>22486557
>>22486590
>>22487332

low iq larper

>> No.22488739

>>22488617
There's no need to be upset fren.

>> No.22488796
File: 437 KB, 522x347, 1581673865570.png [View same] [iqdb] [saucenao] [google]
22488796

>>22488617
Relax, fren. Become one with the most decentralized project in DeFi.

>> No.22488930

>>22488617
Come on board, you are most welcome fren.

>> No.22489004

>>22487208
Ive been saying this for weeks now ! Have you been in the telegram ? I think i know who you are.

>> No.22489066
File: 62 KB, 400x300, 1591409757234.png [View same] [iqdb] [saucenao] [google]
22489066

>>22488329
maybe we should try to get involved with YFV, they are migrating to native liquidity pools from Balancer and they have farming and vaults coming soon. Statera needs to get involved in Yield Farming!

>> No.22489111
File: 140 KB, 888x544, 1597639107150.jpg [View same] [iqdb] [saucenao] [google]
22489111

>>22489066

>> No.22489161
File: 87 KB, 300x214, da8a618148828cd5106791e9ef18cf70d75ecd9061b84fb4d67727ce6d1bcb65_thumb.png [View same] [iqdb] [saucenao] [google]
22489161

>>22489111
checked I'll be posting that one every day when we moon!

>> No.22489197
File: 139 KB, 888x888, 1589643571964.png [View same] [iqdb] [saucenao] [google]
22489197

>>22489161
Pic related is more appropriate for the moon mission!

>> No.22489856

MORE

>> No.22489884

>>22487120
I was actually thinking about this today, Statera seems like it would be right up Kiyosaki's alley. If we could somehow get noticed by him that would be massive.

>> No.22489907

32k stack now i really dont want to wagekek frens i want a real good hold

>> No.22489915

I really like this thread. I'm gonna assume most of you are LARPing, including the OP, but it's still comforting to know there could be some serious brains involved with Statera (or not haha)

>> No.22490131

>>22489907
That's a decent amount, anon.
The sensible way is to DCA, but who wants to be sensible?
Put 2/3rds of your next wage into Statera for the next 3 months... It's gonna be glorious.

>> No.22490146
File: 119 KB, 777x777, 1582578587914.png [View same] [iqdb] [saucenao] [google]
22490146

>>22489907

>> No.22490346 [DELETED] 

Let’s get this fucker listed on Binance/Kucoin shall we biz ?!? Shill it to them on Twitter

>> No.22490377

>>22489915
I've seen a large number of legit high IQ posts from STA holders. Not even memeing. They were more common back when the coin was less known and people were asking questions and discussing economics. I can't claim I'm one of them myself but I'm smart enough to recognize intelligence so I did the sensible thing and bought a thick and nice STAck for myself and I'm holding onto it with my dear life.

>> No.22490691

>mfw finally see a move
>mfw first 2x in my life

14.5k stacklet here, DCAing in with another 2k when I get home from my wave cage

>> No.22490741

WHOOOOOOO I AM OFFICIALLY A STAGGOT NOW!

>> No.22491149
File: 97 KB, 622x600, 1578812627288.png [View same] [iqdb] [saucenao] [google]
22491149

>>22490691

>> No.22491636
File: 851 KB, 752x424, StateraStack.png [View same] [iqdb] [saucenao] [google]
22491636

>>22486341
>Who would be the most beneficial person for Statera to get in front of outside of Binance + Coinbase?

>> No.22492061
File: 8 KB, 217x250, Index.jpg [View same] [iqdb] [saucenao] [google]
22492061

>>22491636
Soon

>> No.22492651

>>22488384
Sounds very interesting. I know there exists crypto pegged to gold and that crypto coin held very well during the bear market.

>> No.22492701

>>22490691
Lol I’m happy for you

>> No.22493039

Bump

>> No.22493325

Andre Cronje working with you would be best thing by a mile.

>> No.22493357

>>22490377
based.

>> No.22493358

Are they holding up the refund articles waiting until the product is finished?

>> No.22493399

>>22493358
STA is a working product

>> No.22493742

>>22493399
One click pooling dashboard etc. friendo

>> No.22494576

Niggers - I'm actually quite impressed with the level of thought here discussing STA.

My 2 satoshis: I think the idea the anon posted on STA pegged to asset classes such as an ETF, or another traditional index fund on something like Fidelity, would be huge for the boomers. Just get it into as many pools and equity vehicles as possible.

>> No.22494721

Just became a STArgazer 5.5k baby stack

>> No.22495612

>>22494721
How does a fully loaded 2019 Honda Fit sound to you?

>> No.22496232

STA > STD
im all im

>> No.22496465

>>22486341
What do you guys think about a pool like this:
>30% wBTC (Since Phoenix is so eth heavy)
>25% Delta
>15% sXAU (gold)
>15% sXAG (silver)
>7.5% wETH (the usd of defi, + factor for liquidity on Balancer)
>7.5 % Balancer (native token of Balancer, could moon with next versions/more adoption, governance so far has been to + factor it like eth)
Basically works out to 30/20 BTC/ETH at 50%
Gold and silver combine for 30%
Statera 12.5%
Balancer 7.5%

Wasn't real sure about the Balancer part but I thought it would be redundant to put Link or SNX in again

>> No.22496529

>>22486341
some normie influencer like cramer.
>Hey guys I faywnd ah greeat nyew way for yall tu inveyst in the cryptos market, yew adjust buay this nyew coin struteera

>> No.22496909

>community driven deflationary index fund with all kind of assets, no banks involved

is this an ideal description? is sta more than just a digital fund but something red pilled?

>> No.22497061

>>22496465
Sounds like a great hedge against the USD

>> No.22497723

TY all for the comments. We shall attack the rich boomers with the force of a thousand biz virgins.

....
https://cointelegraph.com/news/framework-labs-nabs-8m-in-funding-round

>> No.22498070

>>22497723
Insider Anon....WHAT ARE YOU TRYING TO SAY HERE?!

>> No.22498204

>>22497723
I fail to grasp a connection

>> No.22498335
File: 73 KB, 800x800, WHATtt.jpg [View same] [iqdb] [saucenao] [google]
22498335

>>22498204
ME TOO

>> No.22499262

Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje Andre Cronje

>> No.22499305
File: 7 KB, 271x124, STA.jpg [View same] [iqdb] [saucenao] [google]
22499305

*ahem*

>> No.22499311

>>22499262
OH SHIT

>> No.22499333

>>22499262
DUDE

>> No.22499353
File: 444 KB, 792x603, sta back in town.jpg [View same] [iqdb] [saucenao] [google]
22499353

>>22499305
>The Boys are Back in Town
>The Boys are Back in Town

>> No.22499419

>>22499262
someone get this man on the line

>> No.22499609

>>22486341
not interstea in the coin itself but interstea in pooling and providing liquidity in order to get ROI
Which APY should I expect off this?

>> No.22499720
File: 37 KB, 600x600, 1597385184151.jpg [View same] [iqdb] [saucenao] [google]
22499720

>>22490691
>14.5k stacklet
>tfw 2k stackbaby
this is my first coin so i didn't put as much in out of fear, kinda wishing I did
should I just buy more? put on another home loan? cry to my mom that i didn't buy internet money at the right time?

>> No.22500464

>>22499720
Anything below 30c is very cheap in the grand scheme of things.

>> No.22500487

>>22499720
keep going fren you're gonna do awesome

>> No.22500624
File: 37 KB, 657x527, 1597384956607.png [View same] [iqdb] [saucenao] [google]
22500624

>>22500464
>>22500487
alright i'll bite the bullet, i already made $65 profit after buying only yesterday
hopefully i don't end up regretting this but even if it does drop for a bit i'm willing to hold for a while. thanks frens

>> No.22500652
File: 117 KB, 1362x828, DAILY_measurement_STA_Holders_.png [View same] [iqdb] [saucenao] [google]
22500652

Not only the price is rising. We see a small spike in the amount of holders.

>> No.22500689

>>22500652
132 future STArlords took the plunge in September so far. will you be next on the yacht, or will you be a float-around orbiter in a shitty dinghy watching us fuck whores?

>> No.22500858

>>22499609
As Statera grows the APY skyrockets. Currently we have seen returns anywhere from 16% to 900%, average of 86%

>> No.22500908

so much sta is being burned :3

>> No.22500951

>>22500908
possible binance or coinbase trading won't burn anything by the way. it might be better to stay in xrp instead

>> No.22501055

>>22499609
just take the daily fees and divide by pool volume. That's how much the pool earns in a day.

>> No.22501057

>>22500858
>As Statera grows the APY skyrockets. Currently we have seen returns anywhere from 16% to 900%, average of 86%
What does determine the returns? Why is somenthing so volatile? Example: 16%-%900?

>> No.22501145

>>22501057
Volume. We have seen anywhere between 150k-2M last 30 days for STA, and Link/SNX has had volatile and quiet periods too. Statera is the pioneer of volume farming. As volume grows in the pool in any of the coins the return also does

>> No.22501208

How tf did it reach the ATH and why is it back down?

>> No.22501487
File: 418 KB, 2400x2769, sta box.png [View same] [iqdb] [saucenao] [google]
22501487

>>22501208
that shit just tends to happen. every coin has it's day. you can try and time the top and sell if you want but the safest thing is always just to hold until it's hopefully ...

say it with me fellas.......

$10EOY

>> No.22502324

>>22488013
>YFI is just a transition/coupling volatile token to couple with a stablecoin or another volatile token to create yields
why would you want to couple with a stablecoin in order to create gains?

>> No.22502726

>>22501208
If you’re talking about yesterday, it was a bug on Digifinex.

>> No.22503403

are they going to expand the index fund options?

>> No.22503537

>>22503403
Anyone can create a Balancer pool with whichever assets they like and the DELTA token to introduce the deflationary aspects. It's decentralised.

>> No.22503611

>>22503537

hmm, I was hoping something like the top 20-30 defi coins but you have to own statera to participate, and the more statera you own the more you can invest, that kind of thing would make it moon I think.