/biz/ - Business & Finance

1.38$

>>23477973
$1.38

>>23477973
$0

cmon baby let the predictions be true

1.38777

>>23477973
$0.09

1/2
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.

6 cents

>>23478058
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.

>>23478075
actually a high IQ person in a STA post i have seen in awhile

low effort scam

>>23477973
$0.0288

$0.00000000

$146.32

$2.22

>>23477973
$1.38

>>23478169
even lower effort fud

>>23478169
idk bro if this is a scam they deserve it, 5 month running scam and people still buying in?

>>23477973
$100 per Startera token

$30.67

$0.008

$1.38

5 ETH

$1.23

>>23478300
checked digits related to price, but fuck you

>>23477973
3.50$

>>23477973
Over 9000$

About tree fiddy

>>23477973
Ill say around three fiddy or five hunnet idk.

$10!

$0.001

$0.00000000001

1.38

$100 if i end up buying any $0.017 if i don’t

Unironically, around $0.30 to $0.50 EOY

2021 will be the true moon mission

>>23477973
$0.0222

0 dollars and 0 cents

8.28

>>23477973
garbagecoin. enjoy your community project in 2021. i'll stick with DMG + DMM for my tethies.

88 cents

>>23481360

It's okay we need people like you to dump our $10 bags on. see you then.

>>23477973
delusional. but based because this is biz

totally into stuff that isn't statera desu like non-jeety tomochain desu but it's all good man ya know

$1.38

$1.38

$3

Three fiddy

1.73

>>23477973
All I need is $1 and im moon

>>23478075
where do I go to buy STA? all i've known is coinbase. i'm hesistant to trust anyone else and don't even know where to start

$10

.001

4.20

$9

0.001 rupee

I'd say about tree fiddy

>>23477973
$288

>>23478058
>Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply to 4,500
The absolute state of you mouth breathing retards. Too dumb to even count to three

>>23477973
Can i wrap BOMB token to BAL pool and say it is a STA clone?

>>23482436
Get a Ledger and Metamask.

>>23482436
dude what
coinbase is fucking trash and should only be used to easily get eth for sending to your metamask
you don't even own your crypto on cb
not your keys, not your wallet

>>23482794
>Get a Ledger
is this a must with all these random shitcoins? I'm NEET so spending money on that really hurts me rather just put into coin. i've been hodl btc on coinbase for 3 years but I jumped ship and am trying another coin. wish you could just buy STA on coinbase shit is fucking gay

>>23482837
You can use Metamask solely if you are sure your computer won't get malware.

>>23482837
dude I don't even recommend a ledger except in super rare cases
they're not as safe as everyone thinks at all and there's TONS of other drawbacks
Like I said, you need MetaMask nigger

>>23482856
it says you can only use metamask for etherium? I guess STA is based off of etherirum? didnt even know it worked like that. so I set up an account with metamask and I can buy STA on their website? and store it there like coinbase?

>>23482884
I was responding to other guy. I really don't want a ledger so I will take your advice on that one. so I can use metamask like coinbase? just buy it on there and store it there?

>>23482907
Metamask is a wallet
It will show your coins and balances and connect to dapps/websites
You're going to be a big boy, free of the jews and use a decentralized exchange, the current largest is by far the most reccomended:
https://app.uniswap.org/#/swap

>>23482907
your metamask will connect to uniswap after you give it permission

PS you have to add new coins as custom tokens or you won't see them
It will freak you out as a noob because you'll buy a coin and won't see it in your wallet
calm down, it's there just add custom token and paste the address

>>23482939
thanks for schooling me up a bit here. i'm a total fuck pleb I guess. why did you say use coinbase for eth to send to metmask in previous post? why not just use this decentralized one you are talking about?

$1.38

Ratio of about 5:1 eth-sta

>>23482962
how are you going to put cash into a system ran by smart contracts and 0 people? With no banks or id involved?
uniswap is crypto only and that includes your starting funds for those reasons

also, make sure you copy addresses and paste them exactly, double check.
once you send crypto that shit is GONE
there is no bank to call or customer service or anything
Crypto puts you 100% in control of your money, literally 100%

>>23477973
$0.0000001

>>23477973
1.5$, if you know you know...

>>23482886
First, Buy etherium off of coinbase. Install metamask and get the ETH address for your metamask wallet. Withdraw the ETH from coinbase to that address. The ETH should then show up in your metamask wallet.

Next go to coingecko and search "Statera" and scroll down until you see the "Exchanges" section. This lists what exchanges Statera is being sold on. You'll see that it's being sold on uniswap, click the link that says "STA/ETH" (or the other way around if i'm gotten it mixed up). It should take you to the uniswap page to trade ETH for Statera. Next you click "Connect wallet" and select metamask. I haven't used metamask with uniswap yet but I think you'll be able to figure out how to swap your eth for STA from that point (If you can't just let me know)

After you've swapped it you'll want to add a custom token to your metamask wallet so you can actually see the Statera you've bought. Do this by going to the coingecko page for Statera and copying the "Contract" at the top (It'll look like an ETH address). Paste that into the "Contract" section when you're adding a token and it should show up.

>>23482989
>how are you going to put cash into a system ran by smart contracts and 0 people? With no banks or id involved?
>uniswap is crypto only and that includes your starting funds for those reasons
i'm not following. are you saying I have to use coinbase to buy stuff and send it to uniswap? but they dont sell STA dude wtf I am confused

>>23483172
ok thanks this makes its more clear but where the fuck did coingecko come into this? wtf is coingecko and why do I have to use it?

>>23483193
you buy ethereum on cb and send it to your metamask, which is a wallet
then use ETH to buy STA or whatever else you want

>>23483300
and I can do that on uniswap right? why is is the other guy telling me I need to go to coingecko?

>>23483376
he says go to Uniswap too, it just took him longer and doing it his way it should automatically put STA or whatever into Uniswap for you so you can decide how much you want

Going my way straight to Uniswap you will need STA's contract address from etherscan, but you'll need that anyways because to see your STA you have to add it to your Metamask wallet list as a custom token

>>23483508
geez dood. can't I just stay on coinbase? wtf bro

0.02

2500 US Dollars

>>23483231
Lol don't worry man. Coingecko is just a website that displays the price and other information about a cryptocurrency. It's not a place to buy or sell anything, it's just a reliable source of information.

>>23483595
No, you cannot, because coinbase doesn't sell statera. If you want to buy statera you'll have to use uniswap.

$1.38 EOY THESE DIGITS DON'T LIE CHECK EM

>>23483595
It's a little complicated to buy right now for a newbie, but that will change soon with the addition of a sexy new dashboard :)
Statera isn't on a big exchange yet. When it is, the price will be nowhere NEAR as low as it is right now.

>>23483595
if you're not a boomer idk what to say man
it's really not that bad
go to https://app.uniswap.org/#/swap right and just look at it
very minimal design and easy UI, and the way Metamask connects to places like Uni is literally just a pop up confirmation

the only "tricky" part is googling 'STA etherscan' and then getting its contact address
then just copy paste into uniswap when selecting a token
and again paste the contract address into your Metamask under assets scroll to the bottom

You can stay on CB all you want but there's 2 massive downsides:
1) extremely limited choice of assets
2) once anything hits an exchange the moon is usually pretty much over
You don't ever get the fat gainz with CB

>>23483698
Fren, you're wasting your time responding to a (you) farmer.

>>23483654
>>23483662
>>23483698
t-thanks guys

$1.32 eoy babyee

>>23477973
$6

$4.65 EZ

$88

>>23483747
Dude just follow my and his advice. I got into crypto like 2 months ago, it's all really much easier than you'd expect

>>23477973
$0.32

>>23483914
we tried mate kek

SCAMTERA
$0.01

$4000.69

SCUMTERA

>>23477973
$69

>>23477973
666 BTC

>>23484332
>Trip 3 rejected
$1.38

.30 take it or leave it

Below XMM

$1

1.38

>>23484988

Checked

Rolling for XMM to flip STA

>>23484988

checked

>>23484988
WITNESSED

$9821

>>23485046
>>23485090
>>23485109
He said trips you retard

$98

$6595.74

>>23477973
$1 EOY

1.38 doll hairs

$8370

>>23477973
1.488$

$7290

$4499

420.69 dollars lul

$5.67

$10

.0000000001

>>23486050
Fug it reroll

Nine thousand, six hundred, and twenty three United States Dollars, and twelve cents

there is no way STA can do 100x and go to $10 without any adoption. you guys are dreaming.

$3899

14.88$

$3.14159265359

$3333.33

$8048.36

1 STA = $1.47 at Dec 31st 2020

>>23477973
Does 1 BTC EOY sound good to you?

How does 555 dollars sound?

$5555

>>23486555

>checked

>>23486555
gratz

>>23486555
holy fuck i'm going all in

The essence of Market creation in the Injective Protocol is so that the market may support a unique funding rate calculation, which is a distinctive feature of a continuous futures market swapping.

$2312

>>23477973
Todays call is an absolute low cap gem project.
It has a really really smart UI and well below 100k market cap.
Less than 500 people have it in their wallets and the team has locked liquidity for a year and commited to the long term future of the project.
You guys are going to absolutely love this one.

Join Uniswap Chads - t.me/uniswapchads - to get involved.

How do I come out to my parents as a trap?

>>23487777
will predict the price of statera eoy

0.80

>>23486555
Holy shit bird

>>23486555
>Witnessed

>>23477973
Question for a brainlet, if I pool my STA doesn’t it continuously get burned by the balancer..? If you believe STA will out perform ETH why would you pool to watch your STA get burned away

>>23488605

$5

>>23486555
We are gonna make it frens

>>23488671
Why would I want to take profits off a currently mooning crypto and balance it into a crabbing one?

>>23486555
>555
>$5555
We’re going to be rich, rich as Nazis

>>23489195
Wouldn’t I want to buy more of the mooning one. Doesn’t this work literally the opposite of how an algorithmic balancing fund should work?

>>23486555

$0.35

>>23489215
>Buy high sell low
Never change, /biz/

>>23489612
Why would I want to sell my exploding APPLE PARTNER LINK gains repeatedly over and over and over for ETH if an ethereum killer is simultaneously completely wrecking its gain? It would just continuously steal my LINK gains.

>>23477973
$0.0005826

>>23489663
I guess you can just unpool in these scenarios. I just never want to own eth again and their portfolios are so goo

>>23489663
Statera has the most mooning potential out of the assents in the pool and when it's mooning you're not supposed to be in the pool anyway.

>pool high
>unpool low
>maximize gains while simultaneously helping STA

>>23489722
When I unpool can I take the liquidity and use the pool to buy all of one token? Say I want to remove my BTC and ETH and convert it all to LINK, but keep my Statera.

Can I do this? Or would have I to manually do this? This is the point of the dashboard, right? This invention is great for going on vacation and not having to worry about crypto unless an entire market failure happens (unlikely).

>>23486555

>>23489770
I just really have bad feelings about Eth going into 2021. Too many eth killers are mooning and it’s apparent it’s going to be overtaken eventually. I don’t want to hodl that particular coin, and their current pools are so heavy on eth.

>>23486555

>>23489813
Not meant to be a trash on Statera. Coin is genius and I can see real usage in these pools when I want to just step away from crypto for a while without having to check coingecko 15 times a day. Also the mechanics of Statera are dope.

>>23477973
Buy AVAX

>>23489777

>>23486555
>>23489777
IT IS DECIDED

>>23489999
HOLY FUCK

>>23489999
c h e c k e d

Don't even know what this does.

>>23486555
>>23489777
>>23489999

Hard not to buy with those though

what the fuck

>>23489999
Seems awfully high but those digits say otherwise

>>23489999
ok i'm buying a bag

we are going to make it.

>>23489999
Include me in the screencap

buy ALGO as a hedge... it might overtake ETH

>>23490659
Don’t do this. Guy who worked on it won a Nobel prize and it didn’t pump. No one wants this nerd coin. Eth for 2020, ADA 2021.

>>23490671
Worst graph ever. It doesn’t even look like it’ll pump again at this point. Too much money is being made elsewhere.

>>23489777
Thats it then

Sta needs to add Algo to their index fund

>>23489999
Alot of meme magic going on in this thread, We're finally gonna make it.

>>23490222
>>23489999
>>23489777
>>23486555
What the fuck

>>23490725
Why would anyone invest in Algorand. It is worth less after Covid than before, and shows no signs of an upward trend whatsoever.

Injective protocol is always one step ahead in the DeFi game, partnered with blockfolid, now it's very much easier to get updates of the project from blockfolid

>>23490844
thakning u rajeesh its very much gooder of statera :^ D buying injecter pajeecol now!

>>23490787
Kek holds STA

>>23485719
lain anon, nice to see you again...

Praise Kek
$5555 EONY

>>23486555
CHECKED HIS

>>23489777
THEN DECIDED

>>23477973
>>23477986
>>23477991
>>23478047
>>23478058
>>23478075
>>23478153
>>23478319
>>23478329
>>23478338
>>23478358
>>23478398
>>23478410
>>23478728
>>23479164
>>23479503
>>23479528
>>23479620
>>23480035
>>23480177
>>23479620
>>23481225
>>23481466
>>23481778
>>23481787
>>23481938
>>23481970
>>23482005
>>23482436
>>23482573
>>23482628
>>23482644
>>23482694
>>23482972
>>23483115
>>23483657
>>23483747
>>23483822
>>23483843
>>23483883
>>23483900
>>23484352
>>23484565
>>23484818
>>23484871
>>23485045
>>23485090
>>23485109
>>23485126
>>23485695
>>23485711
>>23485719
>>23485938
>>23485949
>>23485978
>>23485995
>>23486009
>>23486050
>>23486060
>>23486067
>>23486110
>>23486225
>>23486263
>>23486305
>>23486324
>>23486332
>>23486447
>>23486449
>>23486487
>>23486508
>>23486555
>>23486592
>>23486592
>>23486727
>>23487199
>>23487968
>>23488596
>>23488767
>>23489135
>>23489213
>>23489519
>>23489959
>>23490002
>>23490006
>>23490398
>>23490222
>>23490590
>>23490703
>>23490738
>>23490787


WE ARE ALL UNIRONICALLY GOING TO MAKE IT, MAYBE NOT TODAY, MAYBE NOT TOMORROW BUT WE WILL MAKE IT........

>>23491159
You are a legend. See y'all at the yacht party.

im so fuckin happy bros, i cant wait to be a millionaire

>>23491159
Doing the lord's work anon

>>23491475
>>23491557

>>23489777
Confirmed

Dubs and it's going to zero.

Why aren't you going all in on something with an actual use case like Loki?

Privacy coins are the way forward crypto bros

>>23491599
>>23491500
It keeps happening

we're all gonna make it statera bros, and there's nothing anyone can say to change that.

>>23492133
Dude. Are you kidding?

>>23492180
kek wills it

>>23486555
KEK has spoken.

I can't work out how much of biz actually hold some sta. I've got a stack & it's the only other coin asides from link thats in my portfolio. Threads like this make it feel like a lot of biz has some, even those who fud, but may be it's just a deluded group like the xrp bag holders

>>23492434
Delusion. This coin is nowhere near as valuable as LINK, or even a coin like PNK kek. It’ll pump nicely though

>>23492168
>he knows

>>23492444
>checked
>>23492455
>checked

WTF is going on?

>>23492444
Checked but pnk?? I just can't see it

>>23492482
I’m not a Kleros guy either I’m just saying this coin is less important and good than PNK. PNKs concept and whitepaper are solid it just wont see any adoption kek

What is going on here?
Also checkem

>>23489999
Absolutely

>>23492587

The reason why STA will die is because it will never be able to hit 100M marketcap due to deflation.

>>23492507
Agree about that. But I was sold on the concept behind sta though, at least in theory

>>23477973
$300 end of decade

.02, delta token will be worth money but statera won’t be worth shit. If you don’t pool you’re fucked, worthless token.

>>23492773
This. Delta will explode but Sta itself will never surpass even 90M marketcap. Screenshot this.

>23492773
>23492808
>two fudders agree with each other
topkek

>>23492841
They are not wrong though. For STA to become a legit coin by breaching 100M marketcap the price would need to be $1.18. Do you see that happening? Didn’t think so.

>>23493046
You should probably check your own post history in this very thread, fren, where you say STA will be $3. Do you get paid hourly or per post?

>>23493177
Checked. A man can dream. But we gotta be realistic. 100M marketcap is the ceiling.

>>23493204
There's no getting out of it, little man. Imagine being paid to shill on the fourth channel. Your village is ashamed of you. Do the needful, sir.

To each and every one of you: this will be the thread that they will refer back to in 2022 when STA reaches 3 digits.

t. timetraveller

>>23477973
Stay tune bro’s I’m going to shill this to normies. I designed a plan i can probably bring a shit tom of liquidity very soon.

>>23492133

>>23493897
>>23493902
Bonjour, do it now.

>>23492650
Dam this is a cool as meme.

>>23493917
It’s happening in a few weeks. Might need the autistic Sta Army to help..

>>23493177
he is noted, bogs will take care of him...

>>23494224
pamp it

guys dont buy scamtera the real gem is $BOOBA!!! i am not a booba beneficiary i am just looking out for your financial interests because i care about you

What do you guys like to onboard with?
Coinbase
>Absurdly high fees, very user friendly
Kraken
>bretty good, no way to add fiat without paying for wires, then still fees
>BitFlyer
Has ACH deposit for free fiat deposits, limited offering of coins tho and a TEN DAY WITHDRAW HOLD on all funds added.

I don't trust Hotbit, I have been using BitFlyer, for decently low fees but that double nigger 10 day hold is very annoying.

>>23494787
am i retarded for using wyre?, fee doesnt seem that bad, i just buy through mm

>>23493971
I can help. I'm autistic.

>>23494911
$35 a wire seems steep to m,e idk

>>23477973
Trips decides DMM price by EOY

>$1

>>23495955
Checked

>>23492626
>2626 stealth check
gmi