/biz/ - Business & Finance

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.

>>24880467
>$1 EOY possible
>possible

It will happen OP.

t. 100k STAtesman

that kinda thing is why haircomb should be taken seriously

>>24880488
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.

>>24880467

>$1 EOY

today I gained back my trust to the project and now think $10+ within the next year is quite possible.

increased my STAck to over 400k
who else comfy?

The APY is currently 149% for Delta and 144% for Phoenix. If these numbers are maintained by the time the dashboard is released statera will literally explode.

>>24880955
I bought 150k at 3c. Feels good.

DASHBOARD DELAYED HAAAAAHAAAAAA you're being scammed!!!!!!!

MMMMM bring on this juicey dip

>>24881359
And it pumped to $0.08 without it. They said EOM anyway, stupid.

>>24880940
Same

>>24880467
So who shilled this? Why has it suddenly done a x2?

THERE'S NO EASY WAY OUT

>>24882532
iykyk

What the fuck guya I just woke up holy shit that price movement
$10 EONY

>>24880467
Timeless many-dimensional Sminem is saving the world from evil forces once again

>>24880467
This is the /biz/ moonshot. It’s a fucking revolution against the clown world envisioning transferring the power back to the people. It’s a revolution against the kikes. NOTHINGS GONNA STOP US NOW

https://m.youtube.com/watch?v=S8GIZlWLkpY

>>24882532
We tried to tell you...

>>24882532
Literally no-one.

>>24883015
>It’s a fucking revolution against the clown world envisioning transferring the power back to the people.
Beautiful to see a stabro who ACTUALLY knows. This is exactly ultimate goal of statera, but /biz/ is too stubborn to open their minds and realize it so they fud the dip in price instead, and Megan, and Abu, etc. The poor souls can't see that statera is here to save them, every single anon on this board. Even a lot of the current holders don't really understand it. Statera is literally an economic revolution, the whitepaper is a radical manifesto against the banks and centralized finance, which is the reason why the founders are anonymous. It's 100% about the people. I am ready to go zero with my stack just for the sheer audacity of the project alone, though I know that won't happen because of just how good the idea is.

>>24883414
Those who actually read the Whitepaper know. Good on you fellow bigbrained Stallion. We are going to make it.

>>24883414
Biz doesn’t deserve to know. Unironically delet this. Shut it down.

>>24883554
I love all my biz bros and want us all to make it together. Even the ones that fud sta. They do it out of ignorance but with time they'll come to realize the truth and statera will still be here ready to take them under her wings.

>>24883659
Fren, that was beautiful. I’m not ashamed to say I cried a little.

>>24880467
You can't go wrong with Statera... Everyone else who genuinely think otherwise is low IQ. WAGMI.

The thing is, Statera is so loved. All the other successfully projects on this board like LINK and ETH were always loved, through all hardships. Statera is just loved even more and will succeed.

>>24883752
WAGMI

>>24882532
Check the fundamentals anon

Buying and holding STA is an almost mystical experience. At the very moment those tokens enter your bag the timeline shifts. A timeline bringing untold wealth and prosperity. Fuck wageslaving.

>>24884084
Saved. Thanks.

how many buyers from cmc/cg do you think we miss out on because they cant figure out the 1% slippage?