/biz/ - Business & Finance

according to what nigger

>still believe in statera meme
Why so deluded biz

>>23518941
cool, great thread..

$1.38 EOY

Can you fags just kill yourselves already

>>23519623
>>23519446

>>23519661
Thank you officer, I felt might threatened by mr Pigerz

c o m f y

>>23518941
Next pump breaks 100M marketcap. You heard it here first

>>23518941
Forever double digit Marketcap shitcoin. Will never be able to understand why someone would buy a token that Balancer has banned. (Both STA itself and the Delta token)

>>23520011
2/2

>>23520011
checked and thanks so much for caring about my financial wellbeing anon. weak fud.

>>23520011
>>23520024
That fud doesn't even make sense considering delta is being traded normally on balancer right now as we speak

Apparently Megan's wallet has some transaction that can be linked with earlyday Bitconnect, someone speculated that Megan's actually identity is Carlos Matos which is crazy but makes sense since he is hunted by the police in every state. Just FYI in case youi are thinking about buying in.

J'addore all this FUD. Too bad you guys can't come to the yacht party.

People are fomoing into the phoenix fund, look at that volume and total cap

>>23520779
Do you have proof for this claim? It's a huge claim to make.

>>23520779
Great fud

>>23518941
Ready for liftoff!

>>23522602
I said someone speculated that would be true. I myself have no proof. Idk even how he came to that conclusion

>>23521935

>>23523116
>statera flagship index fund
>less than $2k paypig volume a day
>less than $200k total
>bullish
HOLY COPE

>>23523227
People have removed liquidity in the expectation of the dashboard and marketing campaign.
Plus the team is working on a project aimed at increasing volume. Fudding or selling until these things are out is fucking stupid, you're not going to convince anyone with half a brain to do so.

>>23523287
Anyone with half a brain already sold

>>23523345
The top stacks haven't moved. It's literally the other way around, only low iq poorfags have sold lmao

>>23523373
The project relies on funds rebalancing to burn STA, without the fund paypigs it’s over. The entire idea is retarded, nobody wants an index fund that only exists to leak value to statera holders kek. Balancer already has multitoken pools, statera is 100% parasitic.

Volume: $1.21k

>>23523478
If you're part of the fund you automatically own statera you dense fuck. So being part of the fund automatically makes you a holder.
This is really basic stuff. May I ask you what your iq is? I'm picturing you reading the whitepaper with your glassy eyes and mouth open trying so hard to understand it but just not being able to hahahah so cute!

>>23523558
Retarded nig. The value leakingn from the fund is distributed ove all STA holders. 100% of the leaked value is coming from the funds, but they don’t hold 100% of the STA meaning it’s a net loss.

I have read the whitepaper, you’re the one who can’t see how the system doesn’t benefit fund holders meaning they will never be attractive to investors.

>>23523622
It can't be a net loss because if you're in the fund you are receiving fees and BAL airdrops for providing liquidity. Plus your amount in the pool consists of 40% delta which in turn consists of 50% STA so like I said, you are an owner of sta simply by being in the pool. Thus if the pool benefits sta holder whoever is in the pool is being benefited by default. The delta in the pool is constantly being rebalanced causing the pool itself to rebalance as a consequence so having delta in the pools is beneficial for the constant volume it generates. Right now a lot of holders removed liquidity in preparation for the dashboard+marketing which is why the volume is so low.
Also, you can remove liquidity from the pool at any time in any of the tokens, including delta.
If the whitepaper is too complex for you I suggest:
https://www.youtube.com/playlist?list=PLaJGLRo8ZLrSYz5oj6Zob24GczA2PZCnh

>>23523772
I just explained why it’s a net loss for fund holders even though they hold STA. If you don’t understand how that means value is being transferred from the fund holders to STA only holders, I can’t help you. Try asking yourself where the money for burning STA is coming from. Who, behind the layers of pools, arbitraging, and deliberatr onfuscation, is paying for that?

>>23520779
Bruh, She's Canadian.

>>23523881
The 1% burn occurs when the balancer pool buy statera to rebalance the delta token. Buying of the token by the pool leads to overall increase in price which compensates for the 1% burn. If I buy 100 STA I'll only receive 99 because 1 sta will be burned. Sure that wouldn't be beneficial if it only happened to me, but it happens to every single other transaction involving sta, including buying by the balancer pool. The burn is a feature to increase upwards price pressure. If you're part of the pool you're benefiting from that price pressure by the simple fact that you hold 40% delta. No money is going from your pocket to the pocket of sta holders outside of the pool.
I feel like I'm just repeating myself at this point but there's really no other way to explain it. It sounds like your understanding of the burning concept is incomplete.

>>23524084
Overall price increase does not compensate like that. You’re being fooled by the multiple steps and mechanisms involved, statera is parasitic. Nobody wants a fund (or transfer token) that leaks value over an identical fund/token that doesnt. The only value produced (over a pool with no STA) comes from the burning which comes from people using the funds, there’s nothing driving the use of STA. Circular argument.

It’s the same as all those completely featureless deflationary tokens but with a system tacked on to hide this fact. Try doing the math to explain why someone would pick a statera fund over a regular one if you don’t believe me. You’ll end up with only ”other people burning sta makes the price go up” as the source of value.

>>23523478
>The project relies on funds rebalancing to burn STA
Traders interacting with the pool are paying the fee. That fee goes to the Phoenix holders. And more transactions from burning means more fees. Pretty much the opposite of what you are saying.

>>23524388
>is a feature to incre
The burn means that there is more volume created because more ratio needs to be balanced so there is more fees. It's more pfoitable than a fund without STA because of that.

>>23524450
>>23524619
How can you not see tr circular reasoning? Enjoy the bags, I’m out.

>>23524751
rekt

>>23524929
Perpetual economic motion because, uh, traders who will pay the fees without gain and stuff

>>23520779
Carlos Mato wassuwassawassa was scammed by Beetcooooonnnnnnneeeeeeeeeeeeect and was not a scammer. He was just in on the Ponzi and very happy to be making money.

>>23525053
please keep going i want to accumulate more

The fact that they changed the ”immutable contract” makes me feel like this is another BREE. Idk doesn’t seem worth the risk

>>23525799
Lmfao yeah because it will break 100M marketcap? Right? Like you always say? So cringe give up already

>>23526876
They did no such thing. They published a new contract without bugs.

>>23520024
Whenever asking these questions thinks they’re a genius but they don’t understand that Statera is just a deflationary token. It’s not an index fund token. It’s a token used to inflate values over a stable coin in liquidity pools.

>>23525053
The gain for the trader is a profitable arbitrage opportunity since the pool has a better price for the coin than elsewhere, even with the fee.