/biz/ - Business & Finance

Depends on if the devs start marketing

$1 is easily achievable with coordinated marketing and an influx of new buyers; current whales are holding steady

>>23319382
>current whales are holding steady
yeah the 11 wallets that control almost half are totally holding, let's get in

>>23319503
This is wrong
The top 15 wallets collectively hold 29.5% of STA
And even then many of those are exchange wallets
Statera is about as decentralized as a crypto project gets

>>23319382
$10 is fud but we still have a long way to go

>>23319382
Here's a list of tokens around the market cap ($85M) if Statera were to hit $1. Would end up on 111th place. 101st is $94M and 118th is $70M.

I'm amazed how many literally who tokens there are on that list, especially after you go out of top 100.

>>23319904
Forgot something

>>23319253
>>23319253
SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM

>>23319930
Goddamn, some of those are real garbage

>>23320033
$0.50 would put STA 170th.
There's tons of room to grow and I'm pretty sure the biz hivemind didn't choose STA for nothing this summer.

>>23320188
My thoughts excatly

>>23319253
>steady for almost three weeks
AAAAHHH I'M RUNNING OUT OF PATIENCE. Should I pool into STA or Dracula? Should I chase a 10x within the next 2 weeks or stay with STA?

What the fuck should I do. I definitely want to bet on Trump winning, but I want to make more than just a crappy 2x or 2.5x those prediction markets would had been good when Trump was under 10 cents.

>>23319904
>>23319930
>>23320188
Based my dude
STA is inevitable

>>23320243
Well steady and steady. Could have almost 2x'd from the bottom. I don't see it going back down to 6c anymore though, people obviously don't want to sell that low and once it starts pumping I believe most will wait before dump.

>>23319253
>>price has been pretty steady for almost three weeks
lmao in steady decline maybe

>>23320467
The bottom was 18 days ago, price is currently almost 60% above that and peaked over 100%.

20c at least after update and maybe people will fomo it up to 50c kickstarting the pools and sthanos again.

what advantages does buying statera have over just buying into a crypto index fund?

>>23321483
lmao check this retard out

>>23321503
LMAO that actually made me laugh. fuck you man, i'm just trying to learn

>>23321549
What do you mean instead of a crypto index fund? What are you referring to? Give an example.

If we get going there’s no stopping it. Would be stupid to sell at any earlier than double digit dollars in that case, but of course it’s possible we never get going and stay sub 10c until people are willing to pool but it’s unlikely with marketing

>>23321574
Could be wrong but I think he might mean like token set options

https://bloxy.info/token_holders/0xa7de087329bfcda5639247f96140f9dabe3deed1

The only issue I have with this project is constantly wanting to buy more.

>>23321574
like bitpanda's:
https://www.bitpanda.com/en/bci-bitpanda-crypto-index

or bitwises':
https://www.bitwiseinvestments.com/indexes/Bitwise-10

>>23319893
Agreed

>>23319956
PIGERz pls...

>>23321549
Think of the coin as almost a parasite, it didn’t need to exist but now it does, and it feeds off the success of other projects. Basically Statera will give you exposure to a basket of assets - first use case is the Phoenix and Delta pools - you get exposure to the underlying assets and their performance. Now imagine this when you have 100’s of pools, throw in the burn aspect, and the constant vibrations of price arbitrage, and you have a token that has constant price pressure upwards if adoption and growth is successful. Imagine a pool with Apple Amazon Facebook, or precious metals, or DeFi, or anything else for that matter and that’s when it hits, this thing might be absolutely massive.

comfy

>>23321712
if you know, you know...

>>23321549
It’s a deflationary index fund token, so you hold the token and over time as burn happens you hold a greater % of the supply. It’s a fund token because they have it in a balancer pool, the plan is to have it in many different crypto financial instruments.

Due to deflationary aspect it gives greater arb opportunities and drives volume. The balancer pool trades amongst itself to keep the weights balanced which is literally selling high and buying low. Pooling in balancer gives you exposure to each of the asset (ie. ‘index fund’), the pool is self balancing which drives volume and burn over time, you are providing liquidity and receiving pool fees which are automatically added to pool (dividend reinvesting plan), you also receive balancer governance tokens (dividend). I pooled 20% of initial and DCA more sta from my BAL and uni.

>>23321712
okay that helps a little bit, but let's take the last couple of weeks for example. Bitcoin, Ethereum and Chainlink has all recovered a little bit after the dump. If i was holding an index fund, i would've recoverd a litttle too. However, statera has dumped and dumped more than all of them. So in that case, it's no longer an index fund?

>>23321712
>>23321767
Isn't that just YFI with extra steps?

>>23321812
Nobody is pooling at the moment anon, well a very small percentage are. But if we were pooling it would have put buying pressure on the token.

>>23321812
Reason is because people have unpooled waiting for a pump after the UI marketing. It’s a bit stupid we might as well just have kept it pooled until we get the news. Because so many are currently unpooled it’s not as correlated to the rest of the coins. Otherwise it would be much more stable and earning you big fees while doing so + deflating. This is the goal we aim for.

>>23321866
Oh yea that too, if someone dumps STA like you said it has been dumping pretty hard due to low liquidity currently, the Autobalancer has to buy Statera to balance the pool. This = more demand than currently which means counteracting price drops.

>>23321712
I'm gonna use this as copypasta anon. Very well put.

>>23321866
>sta holders 4500
>phoenix holders 87
Hence why the dashboard is so important, granted the balancer pool is just one of the instruments they want to create it’s still key to the ecosystem.

>>23321866
>>23321940
what does more people pooling have to do with the price of the coin? if it's deflationary, why would the amount of sta in the pool affect the price at all?

>>23322155
Because it activates the autobalancer having to balance the pool and handling bigger volumes creating more burn. If supply decreases but demand remains the same or increases (it could do that with autobalancer alone) then price appreciates. Of course, when more people pool then theres more volume also means more fees to earn which means more people want to pool. Do you see now?

>>23321979
I’m honoured fren

>>23322155
Thoughts expirement. If a large percentage of us were in the Phoenix pool, then as Bitcoin, Chainlink and/or Ethereum appreciate in price so would Statera. If people attempted to dump Statera then the other assets would pull it back up. I get the feeling the vast majority of people are waiting for $1 sta, and then you’ll see pool liquidity hit all time highs.

>>23322333
kind of, so you're hoping for high volatily with the coins because that would mean more rebalancing and thus more burn, regardless of which direction?

>>23322536
Yeah that's how the dev puts it. What you care about is volume, direction doesn't matter.

Hmm 23 eth for 100k. Will that go through on Uni with 0.5 slippage?

>>23322698
no, 1% will be burnt, set it to 1.5%

>>23322698
1.03 should be enough if there's no action

>>23322536
Volatility with lots of pooling will be dynamite, and now imagine 100+ pools. But volatility isn’t necessary because if there is even an ounce of price movement in either of those pools it sets of a domino effect for the rest of them, and that’s probably the beauty of this project.

>>23322698
>>23322846
>>23322954
you can actually buy with under 1% but Uniswap doesn't seem to like just the .5 setting so you have to put .5something like .53
I think all the Sta faqs do say at least 1.03 though
On the sell side I've noticed you have to go higher, I guess this is because that's the side transferring so that's where the burn happens in the transaction.

>>23319345
Everyone in Sta has a responsibility to promote it, can't all rely on the central developers themselves.

>>23323543
The devs will be doing at least some marketing after the dashboard release. Also I'm pretty sure the investor group will pitch in as their stacks are so big it is really worth it.

What is $1000 if you have a 500k stack that goes up $5000 for every cent the token does

>>23324021
Redpill me on the investor group please fren

>>23325253
I actually don’t know much about them but I believe it’s a group of investors that have helped Statera monetarily. The Bitboy video was paid by them afaik.

Zero facts, only rumors though. All I know is that some of the bigger STA holders are loaded and for them paying even 10k for something that could make their bags worth a million sounds pretty nice.