/biz/ - Business & Finance

>>23164569
I have a meager stack of 1500.

Depends, how long are you willing to hold?

>>23164569
For the worse.

>This will change my life.

you're not wrong anon

20k hodler reporting in. Popping a bottle for 15m burned.

>>23164569
what makes this coin good shill?

It only goes down

how many to make it until EONY?

>>23164910
Depends what your definition of making it is man.

>>23164569
Haha, I really hope you're LARP'ing and just want your shitty scam bags to go up.

I still say cut your losses and look at VRA, but hey, it's your money.

>>23164938
Having 2M+ before tax and 1.3M+ after tax.

>>23164967
I’d say 200k. $10 easy EONY

>>23164880
yea

I have 12k. Will I be able to quit my job in the near future?

>>23164957

>>23165874
No, sorry. This is a medium to long term hold, just like any other index it’s designed to outperform the market over time.
You can make money off the swings in the token but my gut feel is that is never going to be huge without a lot of traditional money coming in, so no 50x or such but comfy residuals

>>23164569
yes, it will make you homeless xD

>>23165874
of course not, but you already know that, hence you're looking for reassurance from moonboys

>>23165874
hows 1million by eony sound?

we will live the life we were always meant to live

If it is an idex fund, how it is supposed to outperform the BTC/LINK/ETH/SNX and do 100x when they themselves do 2x?

>>23167269
u think all coins do the exact same thing dont u......

>>23164967
>Paying taxes of crypto

>>23164910
>>23165874
Reminder that the power of Statera is not in the token, but in the ecosystem. It was not designed to be a hold and sell coin although that is of course an option if you wish.

>understanding the different pooling alternatives
https://youtu.be/bRoOW-Uu2pQ

>statera profit calculator
https://docs.google.com/spreadsheets/u/0/d/1Nj64AskLLHhigAVfu875TjBy4uEbU9uVkIxNUAJ_9qM/htmlview

>>23167372
I have 12k, I want more, but poor wagecuck, still stacking weekly. I'm still confused about the index part of STA. So one STA is like a portion of the different cryptos in the fund? Or is it only like that if you're pooling? I'm kinda retarded, not gonna lie. But the pooling doesn't make sense to me either. I haven't done it yet, it was too hard to figure out and I think I have to have all the tokens in it or pay transaction fees out the ass if I do it on balancer. So when I'm pooled, I can lose my STA? But it would be balanced out by the ETH/whatever in fees returned? I've watched all the videos and read the white paper, and I feel like it's almost within reach of my understanding

$12 EONY

>>23167626
I'll help you out. I'm the one who wrote the tldr whitepaper but don't have the picture myself so I'll write it again.

First off, STA token + equal amount of ETH in USD value = Detla token

This Delta token is put into the liquidity pool. The other tokens in for example the Phoenix pool are SNX LINK BTC and pure ETH (remember we already have some ETH in the Delta token which consists of 50% STA 50% ETH)

Due to STA being involved in the pool it activates the autobalancer. The balancer makes sure that if price of one token for example LINK goes up too much in comparison to the other tokens, it will sell some of that LINK to buy the others that haven't gone up yet. If price of LINK went down, it will have to sell other cryptos to buy the dip on LINK. This ensures a stable price growth. (like an INDEX FUND)

Balancer isn't the only thing that gets activated when STA is invoolved in a pool. It also activates Sthanos. Sthanos will burn 1% of STA whenever STA is sold or bought or even balanced by the balancer. This causes STA supply to drop over time and causes deflation. If demand stays the same or increases, deflation forces price to go up.

Yes, in a sense you can "lose" STA when pooled. Consider this, you pool the bottom, STA moons, then the balancer has to balance the pool which means it sells some of the STA mooning every 15 minutes. This is called impermanent loss, but longterm your pooling gains will be bigger than the impermanent loss. You aren't really losing money, just balancer swapping it over to other cryptos.

Then the usual, volume is counted for all tokens in the pool, meaning that even if STA has no volume, doesn't matter because SNX LINK ETH BTC surely has.

Burning causes supply to drop, if fudders were right and price of STA really dropped, you could actually buy the tokens and run the pool yourself, the balancer would create the volume for you. That's why it's such a safe bet.

>>23168443
My nigga, explain to me where / how I buy and pool your shitcoin so I can get involved

Fuck you and your clown coin.

>>23168514
>Telegrams
t.me/stateratoken (Official)
t.me/stateraunofficialpricegroup (Price chat)


>Uniswap info
https://uniswap.info/token/0xa7de087329bfcda5639247f96140f9dabe3deed1

>Trade on Uniswap
https://app.uniswap.org/#/swap?outputCurrency=0xa7de087329bfcda5639247f96140f9dabe3deed1

>Charts
https://uniswap.vision/?ticker=UniswapV2:STAUSDC&interval=1D

https://stateratoken.com/

>whitepaper tl;dr
https://i.imgur.com/yARc97c.png

Might just flip some of my DRC gains and increase my STAck

>>23168443
Thanks for this wall of text, fren. It has helped me understand. If I'm pooling, I'm providing liquidity, so if someone buys up a shit load of STA, the price will rise, balancer will sell some to keep the ratios the same. So I might lose some of the STA, but I'll have some extra ETH (in the case of Delta token anyway). Also pooling gets you a percentage of the daily volume in fees corresponding to your STA pooled stack size. Is everything I have stated a correct interpretation?

>>23168790
u just blew my mind with ur iq

>>23168514
Uniswap is best for now to just pool STA and ETH. I recommend waiting for the dashboard to come out if you want to pool in Phoenix, should be out fairly soon and we are quite at the bottom anyways.

>>23168790
Yes, correct.

>>23164569
How big is your bag op? I want it to change my life too

>>23168847
Dashboard is the future

>>23168860
I got a 80k stack. I am probably gonna swing after the pump to get a 100k stack.

Gonna pool 20k in each then hodl the 60k for $20

stop shilling this piece of shit useless shitcoin

>>23168514

>>23168790

You retards are such assholes every single day there are people new to crypto who come here and you convince them to buy this absolute dead piece of shit and a month later they cry about losing money

You faggots have been larping about STA THANOS GONNA SNAP AND MOON THE TOKEN and it has done nothing but go down since ATH for months

>>23168443
And people say Statera isn’t the token for high IQ people hot damn

There’s a new tasty defi coin with 2% fees - 1 of which goes to stakers and 1% burnt. Currently under 5000 coins in circ and farming yields are high - currently 1000%. Its not on eth either so fees are great.

My only fear rn is that STA is going to moon before my other coins pump for sale.

>>23164569
You could have changed your life by swinging BTC, ETH, LINK before, during, after the Corona crash, pumping & dumping ESH+GHOST, swinging STA(the mother of all swings) and then using a bot to create 10,000 ETH addresses and rug pulls, stealing all the liquidity from those retarded "proof of liquidity" tokens back in early June and finally betting on AMPL, YFI, their clones and then UNI.

You could had made 100M USD out of nothing but altcoins and then swing those through the big boys like ETH, LINK, UNI. UNI went from 1$, 2.5$ to 8.77$ before crashing. Only time you ever saw a 300%-800% on a high liquidity coin was during the Corona crash.

>>23169163

what's a good amount of sta to pool?
is 20k in delta & 20k in phoenix like this anon says >>23168955 a good thing to aim at?

>>23169513
Personally I might swing some at $1.38-$2 and pool all the profits in Phoenix. Holding until then at least.

>>23164773
this

>>23169397
topkek

I dont get how people can shill trash. every retard sees the whitepaper and knows that statera is useless

>>23167601
>>$50 a month returns on a $100,000 investment
Omg that roi sucks
The schwab robo investor will get you like $300 a month roi on a $10,000 investment

>>23169617

>>23169617
Never below 7c again. You missed 5c because you wanted 3-4, then 6c because you still wanted 3-4. Now you missed 7c as well. Soon 8c will be long gone as well. Buy already Rajj.

>>23169628
Keep shilling discord/telegram pajeets one day there will be retards who will follow your trashy memes

>>23169634
Funny how this token steadily decreases in value. Last month it was at 20cts. Still overvalued at 0.1 cents

>>23169649

>>23169657

Is coingecko still listing the burntokenpage as the website? The devs are creating scam after scam

>>23169657
Funny

>>23169682
Burn holders were airdropped STA and the connection was never a secret. Why are you twisting the truth?

>>23166922
Checked and I never noticed the telescope. He probably uses it to check on other people. I love the creepy/cool aesthetic of this movie

>>23169628
>>23169634
>>23169659
>>23169663
This shit is not persuasive my man. Dial it back 2 notches

>>23169384
Coulda, woulda shoulda

>>23169730
No one addressed you, my man. Don't speak to me again.

STA thread is still going after I wake up.

Comfy...

>>23168539
>he bought high and sold low