/biz/ - Business & Finance

Post by El Professor explaining STA:

>(1/3)

It is the product of modern economics and technology. If you do not understand it, that is absolutely fucking fine because never EVER in the history of mankind could it be done. Not without the blockchain. Worry not though, I am here to explain.

Starting off with basics: market cap = supply x price

As an example, for 5,000 supply at $2 the market cap is: $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 from 5,000 to 4,500

2- Ignore the demand/price force for STA’s utility (will get back to this point later faggots)
Since we are ignoring demand, the market cap should theoretically maintain its amount.

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.

>>24580684
>>24580720

>(2/3)

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

Balancer gives back a return of 1% of total transaction volume that happened from all the rebalancing. 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 a scam because they were THAT high, but it has nothing to do with scams… it is 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.
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 too (which by the way means more STA is burnt).

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.

>>24580750

(3/3)

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 post will keep repeating itself.

Also, don’t forget all the other pools/farms/pairs/etc… that would be affected by the ripple effect which would naturally cause arbitrage and more burning to happen. Fuck man, how can people that genuinely FUD not see this?

Now we need to include the practical side to theory and all the demand action from wanting to buy and hold or buy and trade. Demand is the reason why STA is currently struggling, so we definitely cannot ignore it. In this case, demand comes from liquidity and volume provided to the pools. The team is fully aware of that, and they outright said volume will be their main focus following the dashboard.

Now I must admit, the only real struggle is volume. The project’s idea is absolutely sound and you are fucking dumb if you think otherwise. Just like I would be dumb for not admitting that volume and liquidity are not currently an issue. But once that issue is fixed, are you willing to bet against a good idea

3st for STAnos

>Post by random anon

Statera is NOT an index fund. It is a DEFLATIONARY TOKEN DESIGNED FOR USE IN AN INDEX FUND or BALANCER POOL. The reason for the low prices, low volume and negligible effect on current pools is because there is no widespread or large-scale adoption yet. And like literally ANY technology, it doesn't matter how innovative it is if no one uses it.

In an ideal world of MASS ADOPTION, STA would be widely used to ADD POSITIVE PRICE PRESSURE to index funds and the crypto market as a whole via its burn function forcing pools to REBALANCE UPWARD for the CONTINUAL DEFLATIONARY INCREASE IN STA PRICE. An effect which would RIPPLE through ALL STA BASED ECOSYSTEMS due to the sheer amount of trades/burns being actuated at once.

And that’s not even accounting for changes in other pooled asset's prices, which REBALANCE STA and BURN EVEN MORE.

Do you see why this token could be a total game changer now?

>>24580750
Nth for based Phoenix

>>24580684
Based threads are back finally

>>24580684
Anon Ive bought STA and damm, its hard af holding it. The cringey telegram community, the shitty threads on BIZ, and all the dumping etc. Luckily for you guys I hold Statera on a hardware wallet thats out of reach, so I will ride it down to zero with you guys.

Some genuine suggestion, when wont there be a group staking effort. Like we all decide we will stake around a similar time. Lowering the supply of the token and actually burning some of this shit tokens.

>>24580684
What is the difference between pooling in phoenix vs delta in terms of % returns? If sta moons, which one would be better for higher returns to pool high in?

>>24580916
Anon you are lucky as well, because STA will make you make it.

Thanks for the group pooling idea anon, I will shout out a petition to pool a % of holding in next general thread's post if I make it.

>>24580924
I have had both for a few months now, removed Uniswap and added that to my Phoenix amount to double it
For what that's worth, I found Phoenix to be better in these past months and I am adding only to Phoenix going forward

>>24580847

>>24580684
Based, sta threads never end. The chink whale is about to be BTFO, he wont be able to dump forever. Expect a massive pump December-January

>>24580916
Also this, let's organize a mass pooling event

>>24580924
Delta i believe is fixed 0.3% on volume to all liquidity providers based on their contribution portion.

Phoenix does 1% on volume.

On hindsight I would say phoenix is better, correct me if I am wrong anons.

>>24581154
Suggest it in the Telegram and I will at least stake 10k. Its not much but if only 100 people will do this we would take a shit load out of circulation and get this thing going again.

>>24581154
Might be best to wait until the release of the dashboard before promoting a date for this.

>>24580684
Chinaman just dumped his daily 10eth just now confirmed... He was just taking a short break then. More burns to come, anons!

>>24581389
Link to wallet?

>>24581389
His bags will be empty soon enough.

>>24580684
Locked and loaded.

>>24580916
>>24580984
>>24581154
>>24581370

>>24581384
WRONG. we need to pool a portion of our stacks NOW or when the dashboard launches potential buyers are going to launch it in the browser and see the disgustingly low current APY. its actually up to us to make statera succeed by POOLING so the dashboard APY looks good enough to cause apeing and fom. This "pool at $1" is unrealistic and only going to stunt our growth, with that mentality we will actually never reach $1. Pool 30% of your stack NOW or the dashboard will actually do nothing.

>>24581795
https://www.youtube.com/playlist?list=PLaJGLRo8ZLrSYz5oj6Zob24GczA2PZCnh
i think its video number 2 that has instructions on how to enter phoenix pool, prop the numbers up for dashboard release bros, i have a feeling its coming out sooner than later in the month, be ready for the 15th

>>24581795
I have about $1k in Phoenix, feels like enough for me

This peace of shit is ruining me, my investment is going down and will end up in hell. I could have put this money in VIDT or Sharder or any other low cap instead of this HUGE SHIT THAT IS STATERA.

>>24581908
By 12/18, we hope.

>>24581940
its been eluded to that the dashboard is already finished and theyre just waiting for the marketing to come through, given that theres an AMA on the 14th with some poompa group, pretty safe to assume

>>24581932
This life is not for you.

>>24581795
>>24581908
Yep, that's the correct mindset. We need to start threads based on pooling and guide stabros into phoenix or delta. The balancer is a powerful tool that we're not utilizing right now. 20-30 percent should be pooled right now

>>24582013
More tokens from the total supply being burnt with more profits for those ready to pull the trigger? Sounds good. I’d be doing it right now were personal funds for liquidity not an issue.

>>24580916
lmao if you'd like to coordinate such an event, be my guest. It's a lot easier said than done.

>>24582156
I think it’s going to happen organically.

>$0.10 EOY realistically

>>24581795
Agreed. Pooling now is key.
4,200 holders. Imagine if just 1/2 pooled this month. This followed by dashboard, followed by marketing

>>24582817
If I had more eth I would.

Sta will destroy LINK price range
..one this is true though, the memes are fucking unbeatable

I wanna provide liquidity so help me out here goys. If I invest in balancer let's say 5 ETH. It wil automatically buy the other assets with those 5 ETH right?

>>24584346
You would need WETH and I do not believe it will buy those, when I added multi asset liquidity, I had to have the equal parts of each before adding liquidity
If you want to pool in Phoenix/balancer, you could convert your 5 ETH to 5 WETH and add liquidity as 'single asset'
You do not need to add part of each coin to join Phoenix, only 1 asset will be fine and you will get the same BPT (Balancer Pool Token) that everyone receives, same for multi asset as it is for single asset in that regard

>>24584388
Thanks!

>>24584480
Glad to help friend

Why are you shilling your scam here? Can you really find anyone here retarded enough to buy it?

>>24585100

>>24585232
https://www.coingecko.com/en/coins/statera

>>24580684
DMG > STA
screencap this.

>>24585273
Looks exactly like any other coin

>>24585273

>>24585313
>Looks exactly like any scamcoin because devs keep dumping on gamblers.
>>24585343
Is that how you think you look staggot?

>>24585372

Mmm never selling :)

See you kikes when we break $1 :)

>>24585411

>>24585372
I'm going to bathe in your tears you filthy communist lover

>>24585410
The delusion sta baggot.
>>24585411
>>24585434
$1 market cap
>>24585745
Tears of joy as I watch you sucking nigerian dicks to get your money back.

>>24586084
deluded faggot thinking about sucking cocks. must be an amerimutt thing

>>24586084

>>24586084
Lolol dude ur gay as fuck

>>24586084
LOL look at this fag. Aren't you ashamed sometimes for being a homosexual?

>>24586148
>>24586195
>>24586218
>No argument.
Desperate shills.

>>24586451
>homosexual
Can't you read? I don't hold sta.

>>24586474
You hold fucking bbcs in your mouth you piece of shit. Get da fuck out of my thread

>>24586551
Projection.

>>24586619
>literally projected his nigerian tranny fantasy on /biz/
yes pig goy keep thinking about sucking nigerian dicks

>>24586710
Imagine buying this tranny's coin and calling others trannies? Peak denial.

>>24581795
This is excellent advice! EVERYONE LISTEN TO THIS GUY.
Making the pool look even more attractive upon dashboard release is vital. VITAL.
I shall be pooling some more later into Phoenix.

Finally bought into this, will accumulate with every paycheck.

>>24585273
Can you guess which scam this is, down over 90% aswell

>>24586904
Deadly move anon.. do not sell man (the
gains will bring a sea of pink much grander than even I can believe)

>>24580847
Beautiful

>>24587826
The fire rises.

>who's gonna tell him he bought the /biz/ august pnd scheme

Imagine investing into an index fund which is down -92% from ATH while everything else has pumped BHAHAHAHAHAHAHAHAHAHAHAHA

>>24587924
Never change biz... Always buying high and selling low.

>>24580684
So much copium in this thread. What will happen is
>dashboard (maybe?) gets released
>no one still pools
>everyone sees the 2% APY
>price breaks 1cent
>and finally, statera is forgotten

>>24587944
Imagine what happens when the market has a large correction soon. Sta already proved to not be correlated with either largecap or smallcap in a bull market. Nothing will save this piece of shit anymore. It had it’s time but the opportunity wasn’t seized.

>>24587998
The problem with this is that most people have no long term interest in statera. As soon as the price reaches, say $1 there will be mass sell offs and the price will plummet. The whole idea of a $10 sta (let alone $1) and a booming ecosystem underlines what a Ponzi scheme the whole silly business is. No one will pool, checkmate goodnight cultists.

Ah, the FUD has arrived... It's very soothing :)

>>24586893
I declare the comming week unofficial pooling week. I'm going to throw in a few k into balancer or uniswap not sure yet.

>>24588018
Most people have no long term interest in anything. That's why you don't see many people who make it.
If anyone seriously considers selling his whole stack at peak instead of let's say pooling half is a brainlet in my opinion

>>24588056
Take your meds

>>24587924
>Everything else pumped
Like what? I'm holding decent amount of other alts (namely NEO, BNB and ICX) and those did not pump either.

>>24588087
>he thinks anyone will pool at 3 cents when they didn't pool at 46 cents
>he really did fail the IQ test

>>24588161
How could you pool at 46 cents when the dashboard for pooling was not out yet?

>>24588176
Anon pooling was always available. The dashboard is just making it an easier process.

>>24588176
>he is serious
>goes to show statera community is full of brainlets

>>24588144
What? NEO had a 20% pump, BNB was breaking ATH’s and I have never heard of the third one. Meanwhile Statera kept true to it’s nature, dumping 10% a day.

>>24580916
>>24580984
>>24581154
>>24581370
>>24581384
>>24581795
>>24582156
>>24582817
Anons I am who the OP calls "El Professor" who wrote that STA explanation, here to potentially be able to help with your quest.

For people to pool, they need simple yet effective explanation of why they are better of doing it than holding. I am currently working on a model that tries to show that you gain more if the community as a whole pooled, instead of holding and riding the wave till t=infinity.

However, I can safely guess that pooling deposits should happen on a period of time, and not at once. For example, instead of everyone pooling 10% in one dump, pool 1% every week or month etc until you reach your original 10% target. This should maximise the income due to the adoption that will come as a result.

Will keep you posted once, and if, I finish the model.

>>24588337
Hello sir, how many sta do you own and what % did you pool?

>>24588337
Thanks based El Professr

>>24588337
>he actually thinks he is smart holding a "revolutionary smallcap coin"
You do know that last golden bullrun there were a multitude of lowcap projects with great potential, but they got outperformed by memes and scams? It means nothing in this space, what's more important than the core concept is exposure, something sta will never have due to lack of funding and defi being way too early for normies to hear and comprehend. You will unironically miss the next bullrun if you hold this shit.

>>24588504
I can tell you learnt fuck all from last bull run. People diversify their portfolios in here

>>24588504
Thanks for your concern for my financial wellbeing, kind internet stranger.

>>24587898
>>24588161
>>24588218
>>24588504
4 posts talking to people who you claim to be so stupid that you seem hyper intelligent in comparison, interesting..

>>24589002
Statera fudders are some of the coin's biggest holders. Absolutely based when you think about it.

>>24589117
I get that. Totally.
But shouldn't there be a point where the CONSTANT FUD stops?
I mean, it's happened pretty much non stop since Statera was born.

>>24589161
Sure, once accumulation ends. Never underestimate greed

>>24589161
Not really, up until the balancer hack around 95% of all posts were supporting STA and people used to praise that how come everyone likes it and no fud exists blabla. But doesn't matter, with or without fud we will prevail

good morning

>>24589161
>>24589188
Literally the people fudding are just tired of your shit floading the board with your discord shills delusional shitskin
>>24589209
Yea, after the hack people lost trust in the project. You hit the jackpot. Congrats.

>>24581908
Do I really need all of the different coins to be able to pool?

>>24589347
No you can pool with any one asset, and that is the best way i believe because you save a lot in tx fees

>>24589117
>he thinks blatantly forced shilling and spamming shitty memes won't make people hate your token that does literally nothing because people refuse to pool

>>24589337
>floading
>delusional shitskin
jeets are projecting at levels never before seen. we're getting close lads

>>24589337
Point is people started fudding sta when the hack was the balancer's fault. Why do you think balancer team agreed to pay back all lost funds? Are you that dumb?

Sta was loved by biz because of its tokenomics and dynamics, and both are back to how they were before the hack. The project idea is still the same, so anyone who started fudding sta after the balancer hack is either absolutely ignorant and dumb or they want to keep oppressing the price to fill up their bags.

I really hope you fall in the latter group anon

>>24589427
Yeah it’s funny how the sentiment changed from best coin ever to tranny nigger scam when absolutely nothing has changed since the green days.

I don’t remember seeing anything as popular as STA on biz since LINK but I guess all the then newfags bought the top and are now angry. It doesn’t even take more than just a handful of these retards to make it seem a token is hated by biz cause they keep spamming 24/7.

>>24589427
I genuinely just post to laugh at you deluded fucks. I hold LINK and ETH, that's it. Been here since 2016 seen every kind of project so I know a legit one when I see it.
STA genuinely gives me Bitconnect vibes, anon devs, very slow development, promises of insane returns yet current returns are terribad.

Also, tomorrow wallet number 2 will dump, and on top of that the chink still owns more than 2M sta, good luck staying above 3 cents should btc have a correction during that time ;) I'll be right here, enjoying the shitshow and coping

>>24589504
Anon do you think we give a shit about what you hold or not in an anon board? I can tell you I held a few of the best performers in the last 4 years (unironically what you did), but does that mean I actually hold them? Also, does that mean I never held any of the worst performers but im choosing to be quiet about my mistakes and only show my victories?

On the other hand, I need to thank you for keep bumping our thread and help maxing them out.

>>24580771
NICE!!! BUYING MORE!!!!!!

>>24589504
>just post to laugh at you deluded fucks
>accurately knows when a wallet is about to dump

Also calling it a scam, real classy.

Wallet #2 dump is barely worth 1 ETH and he only dumps once a week anyway, wow. That’s $100 a day.

>>24589629
First off, my replies does not matter, as you and your pajeet friends will keep bumping it until max with your blatantly inorganic shilling and shitty memes.

Second, I did own BTC for a while but considering eth heavily outperformed BTC last bullrun, I have since opted into alts that
a) have an actual use-case (unlike statera)
b) are heavily ORGANICALLY shilled (not fudded) on this autistic board

Apparently you do give a shit, as you keep thinking that I somehow am interested in Statera just because im taking a piss at you. I do the same to PNK, the meme with an actual use-case but way too niche to become anything. It's just hilarious to me.

>>24589694
>I hold LINK and ETH, that's it
>I have since opted into alts
Get your story straight.

>>24589694
>says there is no use
> forgot that he mentioned one earlier >>24588161

Did you not read my previous post? We dont give a fuck about what you hold, it proves nothing. I can also tell you're a new fag if you think btc and eth were not heavily shilled here back in the day.

Anon thanks again for continuously burning yourself for the sake of bumping the thread. Appreciate it

>>24589470
Even if STA somehow didn’t break below 1 cent and died, it’s still years away before the normies come into defi. Everything defi but YFI has proven to not be correlated with btc. This is likely due to the massive fees (also who the fuck would buy statera with the fees AND the fact that you lose 2% of the value when you buy + sell?)
>>24589656
Organic, like always. Stay classy cultists.

>>24589743
>he doesn't know eth and link are considered alts
>>24589744
It does not matter if the tokenomics are ponzi-like, no one wants to pool low, so no one pools. Then it is nothing but a regular burn token with no use-case since nobody uses it. You're welcome, I wouldn't want you to break the record of 70 ID replies you had in the general the other day. Enjoy the bags, I'm out. C ya later trannylover.

>>24589791
>realised he fucked up and contradicted himself
>leaves thread

Will miss burning you anon. See you later

>>24589791
>ragequit.jpg
We'll miss you bumping the thread, Anon-kun.Please come back soon.

>>24589752
Happy to wait years if that means I'm sorted for the rest of my life anon. If you keep chasing get rich fast schemes, you might as well try the lottery.

The 'massive fees you mentioned were across the ethereum platform before 2.0 was out, not only sta.

You see anon, your statement about the 2% burn loss shows that you don't understand Statera. It is not made for individual investors to trade it, I mean you got a point you are down 2% before you even start! If you want to trade it individually you need to understand that the 2% is a risk that you are willing to take. Sta was made to be pooled and create a positive price pressure in indices. Read the posts explaining it up there in the thread

Where's this 2% burn suddenly come from? I'm guessing the answer is "out of someone's ass"?

>>24590002
It is in the erc 20 contract code anon, 1% per trade

>>24587146
ETH?

>>24581795
Surely the APY can get much higher but I wouldn't call 84% disgustingly low

>>24590063
Yeah, 1% is not 2%.

>>24590167
He meant 1% when you buy and 1% when you sell. Although, i agree as a buyer you'd incur that only once

>>24590342
That's not a problem though for those of us who are based enough to ONLY POOL.

>>24590432
Agreed, that's what I told him in my answer

Anyone got the link to the Phoenix spreadsheet/calculator?

>>24590126
Yes

So if I put 5 weth in Phoenix single asset it will automatically buy equal parts of all 5 assets right?

>>24590928
Yes sir

Statera is not a very good investment, now or in the future.

>>24590975
Feel free to explain why you think so?

>>24591003
It's in the whitepaper.

>>24589791

>>24591042
Cool but the white paper is quite lengthy and info packed, unfortunately if you dont specify which part you don't understand or think is not 'very good then we cant help.

>>24580684
even if it doesn't come before 15th, it will come before christmas or so...

>>24590562
https://docs.google.com/spreadsheets/d/1Nj64AskLLHhigAVfu875TjBy4uEbU9uVkIxNUAJ_9qM/edit#gid=953096106

>>24591165

>>24582156
>>24582184
There needs to be a benefit. Like when staking the Phoenix BP at Toast was announced. The returns, from a couple people who did it, were said to be better than Balancer. Something like that is a good avenue to explore.
However, that might not really work if we're all farming the same pool and limiting each other's rewards. We could possibly use their boost feature and kind of take over all their rewards for all their pools, which would maybe kickstart things over there too. We would either just be getting a ton of the rewards or others would have to burned more to try to even up with us.
Anyway, even if its not that, I think it probably needs to be something like that. I don't know if just telling everyone to pool will work. I mean, it did in the past, people saw how pooling would help the project and we went up to around 550k before the exploit, and even got to 450k after. The token itself was a much higher price for the 450k instance though which sort of obscures the fact that the 550k instance was the result of way more activity than just the 100k difference would seem. So it went from being embraced readily, to sort of, to not really.

>>24580684
New statera general
>>24591805

>>24591935
Let this one max out first and stay concentrated on one main thread at a timr, let me think of a more efficient way to get more people to pool

>>24592027
get people to mint Delta tokens

I aint poolin shit haha ill let u guys do that for me, you little beta cucks

>>24588018
>>24587966
Fucking Based

>>24592305
based sociostaterapath

>>24592027
Kek I’ll never go through the stupid pooling process

>>24591935
I'll keep this bumped whenever it reaches page 9 to 10.

Can someone explain to me what happened to the arbitrage bot/thanos/balancer wallet? It wasn't just the automatic Balancer Labs pool, we had an arbitrage bot that attempted to keep the price balanced(for the worse) which was suppose to create volume on Uniswap. What happened to it??

>>24589915
>balancer guy saying STA was made to game the system because it is working so well

During summer when STA was blooming the original pool had similar volume with a fraction of the liquidity the larger pools had, this was all due to STA.

fagtera

>>24580684
Good to see STA threads back in full force

>>24592207
Posted in the other thread but I'll ask here too. How does one mint delta tokens? I put .5 WETH and around 8k STA into delta pool on uniswap. Does it auto sell delta token to phoenix pool?

>>24592462
I love how the italian DFOHub BUIDL team ripped them a new one when they also wanted to blacklist BUIDL.
They schooled them so fucking hard that they whitelisted BUIDL out of sheer shame.

>>24580684
holy shit this photo is genius

>>24592428
I don't recall that. I do recall some hype about creating one, this was fairly recently though. Someone was recently fudding that there was one that caused problems. And VERY early, I think even before Stav3 there was a much more minor gulp issue that was blamed on an arb bot, but it was not run by Statera.

>>24593149
No.
Adding liquidity to the ETH-STA pairing on Uniswap will mint Delta tokens... You can either leave that as it is and collect Uniswap fees, or add that those Delta tokens to Phoenix and collect different fees :)

>>24593808
So I have minted 29 delta tokens. How do I put those in my metamask wallet to add to the balancer pool? Is it just like any other coin and I just need to plug in the contract address to my wallet?

>>24593674
>I do recall some hype about creating one
The team said that there was a secret project underway. There was some speculation that it was going to be a home grown balancer but as far as I know we never got official confirmation (or denial.)

>>24593870
They are in your wallet when you're done pooling but to see them on the metamask display yeah you'd probably have to add the contract address.
Balancer should just recongize that you have them in your wallet though

>>24593956
Alright, thanks. Is the token address on statera's site or do I meed to find it on etherscan?

>>24594033
I don't think its there. I get it from the Balancer pool if I don't have it handy.
Delta token is:
0x59F96b8571E3B11f859A09Eaf5a790A138FC64D0

>>24594176
scam do not send to this address

>>24594234
Or just check the address on Etherscan, like a normal person...

>>24594176
Thanks
>>24594234
This fud won't work forever, if you want to buy in or buy more, do it now.

>>24581729
How does your own private space fleet and galaxy sound?

>>24593419
Not very genius considering the whale still has 2M STA left to dump and other wallets in top 10 are bleeding albeit much more slowly. And those have insider info, not a good look

>>24593870
Congrats, you just lost 1% extra for no reason. And another 1% when you sell.

Hey STAbros can you help me win a tiny competition? but don't make it obvious. I need 12 votes to make a draw. We have 21 hours left. I'm Mootcat

https://twitter.com/mrjberlin/status/1334896244783714304

>>24593674
>I don't recall that. I do recall some hype about creating one,
No no we have a bot that used to own 90% of the STA supply and would constantly sell STA to maintain the price if there wasn't enough buy demand to sway it the other way, however once it ran out of STA it would start using its accumulated ETH to buy STA back.
That bot used to keep our volume high even if nobody was trading, I don't know what happened, it used to provide high volume on Uniswap even the Delta token was created, now it just fizzled out completely.
That bot is what made us look good on Coinmarketcap when we first got listed.

>>24594543
NOT.SELLING.

>>24595346

GangSTA here. Should I capitulate

>>24595939
you won’t make it to gangSTAs paradise if you do

>>24580684
This is for stabros only, if you want to help sta price reach ATH, pool on december 12. This is an organized pooling event. More info here:
>>24591805

>>24596365
HAVE YOU FELT IT?

Can’t wait for the next pump.. Holding 80k sta rn, trying to get to STAtesman tier +100k. Wagmi frens.

>>24580684
>me when STA inevitably reaches $11 a unit

>>24596365
Based as fuck

>>24596886
>$11 a unit implying he wont sell at $10 and fuck everyone else over (ponzi)

>>24595045
Nothing like that has ever existed. Og balancer pool was kinda like that (so is Phoenix too) but not close at all.

>>24597489
>selling
>ever

Bump

Still holding

>>24598505
Sick meme my dude

What’s the total number of delta tokens available? If you stake in that pool and withdraw later on, what can you get?

Anons, thread still fresh i love this.

>>24598965

>>24600374

Stay comfy STAbros. This Anon's grabbing some shut eye. One day closer to marketing and dashboard. $1.38 EOY

>>24599453
anybody?

>>24601173
https://etherscan.io/token/0x59F96b8571E3B11f859A09Eaf5a790A138FC64D0#balances

>>24601501
This

>>24594768
Let's help this Staggot out. I like his rainbow trolls and sparkling golden shit.

>>24601308
Well, I feel dumb. Thanks though.

>>24591055
checked and lmao

pool december 12th or your mother will die in her sleep

>>24602701
No need for Immunity Dog if everyone's doing it willingly.

Keep it alive aus and US staggots

>>24603607

for all the anti statera memes, NGMI if you don't hold a stack of this as the ultimate /biz/ coin moonshot for the upcoming bull run.

88k staggot reporting

>>24603657

>>24603607
no worries bro, there are always eurofags battling the nights too with amerbros and ausbros

>>24604429
$0.036 on dextools and it's the only price that matters

>>24604401

>>24605104

>the year is 2020.
>talk of a crypto uprising once again, as btc pumps to new highs.
>feels like late 2017 all over again
>/biz/ has been shilling an unheard of, 3m marketcap coin for 6 months.
>YOU ARE HERE
>altcoins start to surge during the holidays, all through early 2021
>Even the wrong altcoin choices 5x, and the ones with dedicated communities do 100+X regularly.
>/biz/ coins skyrocket, statera goes to 5$

last chance boys, trains getting ready to leave.

Please let this die, I could have bought a lambo at the top, and now I can get a 2020 corrola...

Player 2 has entered the game.

>>24605732

>>24605732
>>24605787
based

>>24599453
Delta token is obtained via pooling in delta pool. So the total delta in existence is the amount of STA and ETH

>>24580771
>Statera will keep burning
But it won't because it isn't even in the 'pheonix' fund or whatever they call it. The only way it burns is if people keep buying this worthless shit

>>24580684
It is confirmed. Yes

>>24606025
....In the pool. So, as an example .5 WETH and 8k STA gave me ~29 delta token. I don't know if the ratio is fixed or dynamic. Another anon who understand the delta pool better than me could tell you more.

So the hard limit on delta token would be the total amount of ETH and STA in existence combined and divided by whatever factor nets you the delta token when pooling. Remember that STA is always being burnt, so its ratio against ETH, demand not withstanding, is always improving.

bump because i just threw away 1.8 eth into STA

>>24606110
Pic related, it's from earlu July when the new pool was created.

>>24599453
See

>>24606272

For a better description.

>>24606272
The more I read this the more brilliant it sounds. I wish GC was more active with Statera, xBTC isn't nearly as succesful and he could do so much good if he worked full time on STA.

>>24606110
Every buy, sell, transfer, rebalance.

>>24606272
Say what you want. There is a reason no one will say what they are making in the pools. It's because it is not really any better then anyone of the other pools out there. Again I will reiterate. TOKEN IS NOT NEEDED

So if this doesn’t hit $1.38 by the end of the year are we all going to be killing ourselves?

>>24606714

Exactly my thoughts. Someone needs to convince this chad to come home.

>>24607080
>It's because it is not really any better then anyone of the other pools out there
Well that is just because of the low volume STA is currently suffering from. With proper volume the balancer pool works exceptionally well, almost too well for Balancer's liking. See: >>24592462

STA bag holder here. Only reason I haven’t sold is the literal definition of sunk cost. It would be pointless for me to sell now. Dump it to 0 I don’t care anymore just rug me daddy

>>24607375
There was only good volume when you directly pool the sta token. Now that can't be done. Again TOKEN IS NOW WORTHLESS

>>24607393
If the dashboard is not out by the middle of the month just cut your losses. If it does there still should be a bit of a pump despite everything that has gone on so I would sell a little after that

Also come to think of it how ridiculous is it that they can get together and NFT auction in a matter of days but can't complete a fucking dashboard in 4 months. Shows you where their priorities are

>>24607514
>Now that can't be done
They have found a way to do it again.

>>24607393
The rug would have happened at or around the time of the exploit. Tokens continue to burn, new development, new holders and iron hands that held tight through the dip. $0.45 isn't shit.

Please frens, I don't have any frens to ask this, not even 1 fren. Can you help me win a tiny competition? but don't make it obvious. I need 12 votes to make a draw. We have 21 hours left. I'm Mootcat.

https://twitter.com/mrjberlin/status/1334896244783714304

I never won any art and popularity contest in my life and I have a good chance of winning, me and the astronaut guy are most popular art submissions.
The art is planned to be turned into 10 NFTs.

>>24607636
Done.

Good luck.

>>24607562
No they haven't. As far as I know Balancer have banned all deflationary tokens