/biz/ - Business & Finance

Bullish? Now I've got to buy a stack of something else too?

>>23472001
Statera still confuses me. Is this like nasdaq

>1/2
>>23472098
market cap = supply x price

As an example for 5,000 supply at $2: $10,000 = 5,000 * $2

Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:

1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply to 4,500

2- Ignore the demand/price force for STA’s utility (for now)

Since we are ignoring demand, the market cap will remain the same. This burn will therefore cause price to increase:

10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.

This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.

>2/2
>>23472098
>>23472182

Now we can talk about STA’s utility: why would people demand STA? What does it do?

Balancer gives a return of 1% of total transactions volume that happened from all the rebalancing. Remember, rebalancing does not only happen from STA’s ripple effect mentioned above, but it also happens when the other 4 coins move in price (which by the way means more STA is burnt). That 1% on volume does NOT mean you get 1% on what you are pooling. It means the following:

Example: if you are pooling $10,000 and there is a total of $100,000 being pooled, with a 24h rebalancing volume of $50,000, then you will receive = ($50,000 x 1%) x ($10,000 / $100,000) = $50. Your daily rate of return is therefore $50 / $10,000 = 0.005, which means an annual rate of return of 0.005 * 365 = 183%. People called Phoenix’s return as scam because they are high, but they are not a scam but actually STA’s genius.

A lot would be very happy with such return, making them want to pool. You would think that as the pool gets bigger, your portion of the reward gets smaller but remember that when people pool, STA is being transacted and burnt, causing the rebalancing volume to rise and therefore increasing the 1% total reward as well.

The Balancer also balances liquidity / fee income demand: if liquidity provider believe they can get higher interest in other defi, they will remove their liquidity from Balancer. But then this leads to an increased fee income to those who have not removed their liquidity (MINDFUCK). Keep in mind all this burns STA as well.

Now add to the above all the demand action from wanting to buy and hold or buy and trade.

Whether you think it has value or not, no one can stop it. People will want to earn high interest income. Balancer will keep balancing. Statera will keep burning. And the tokenomics in my OP will keep repeating itself.

Bump for force feeding the eternal normie.

Bump

Yeah, all of this is fuckin great. Statera’s tokenomics are utterly brilliant.

Fuck that would be nice. It could be also true coz it would follow whitepaper accordingly.

Fuck fuck I need dollars fast to get more cheap Statera

>>23472001
"insider here"
at least 3 times a week with this lie

>>23472001
Will STA holders receive NFTs? So far I pity the asian whale who can't pull out even 1/6th of his stack without 30% slippage.

>>23472182
>1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply to 4,500
The absolute state of STA holders.
Not even able to do basic mathematics
It's over for your scam faggot
You can't even count to 3 and think you will make money in this market
topKek

>>23472736
>>23473329
>>23473401
>>23473464
Your samefagging in every sta thread isnt helping dude. Please stop

STA will go beyond the moon if this post contains a semblance of truth.

>>23472217
I like you, anon.
Statera is unstoppable. Fact, not opinion

Any intel on why the founder is an autogenyphilic male who wears women's clothing?

>1 post by this id, the thread
classic sta shill, it's literally just one guy making shit up about how great the coin is. if it was so great and functioned as intended, why doesn't it moon?

>>23474577
Debunked already.

If I'm understanding this correctly, the STA devs are essentially creating their own version of Balancer?

And if that Nu-Balancer gets a lot of traction, then a shit ton of STA will get burnt?

>>23474661

It's actually something I've thought about but I think the scope of that project is way too large for the current team and the funds they have. Anyway I've said it before that it's kinda the end game plan for STA to handle the balancing on its own.

Truth is that Scott might aswell be wealthy and skilled enough to do it. It's not about the Statera dev funds anymore at this point when it's entirely different project that Statera is just a huge piece of.

I've never actually read a statera thread because the project looks like absolute garbage that's shilled by discord trannys. But I gotta say, it's worse than I expected.

>>23472001
Stop pissing your crypto away and keep it for something that's not going to rug and fugg you.

$FRIES on BSC is 1% burn deflationary, 10% burnt already, max supply 50k.. it’s BSC so transaction fees are tiny.. it’s YFI on BSC.. various staking options can get you up to 1000% apy... it’s basically Statera with a usecase and a future

>>23476612
>NO PLEASE BUY MY TOKEN THAT COPIED STATERA, WE WANT THE VOLUME NOT STATERA AHHHHH PLEASE IM GONNA SHILL YOUR THREADS RELENTLESSLY BECAUSE STATERA IS GOING TO BE A HUGE SUCCESS BUT I WANT IT TO BE ME INSTEAD AHAHHHHHH
fuck off faggot with your meme name rugpulls

I like where this project is heading

>>23473583
Calm down faggot it's obviously a typo

>>23474631
>if it was so great and functioned as intended, why doesn't it moon?

>>23472001
>>23474782
yeah the OP might be a bit optimistic for now. It seems like that would actually supersede the dashboard, because then you wouldn't need a dashboard, it would be part of the project.
Unless the dash comes out now and this thing comes out a few months later.
Anyway I do agree that STA will be part of something bigger later.