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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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25603728 No.25603728 [Reply] [Original]

Based on some breadcrumbs from Souvlaki, the guy who implemented wSTA.

>Current targets
- get wSTA on CG
- whitelist wSTA on Balancer (Get rid of warning mostly)
- whitelist wSTA on 1inch and matcha
- update website
- update whitepaper
- fix dashboard (bugs & improvements/new features)

>Priorities
"The most important is getting wSTA whitelisted on Balancer, to do this it must first be listed in CG.
The team is waiting for feedback from CG, but have already started discussions with Balancer. By the time that is done, a large part of the website would have also been updated. This is when marketing could start."

>About wSTA
"I know it negatively impacted other things in the short term and it's not ideal, but the long term prospects of the project are far better than it was in November because of wSTA. wSTA is by far the biggest thing to happen here since the hack, in the long term it's bigger than what Delta was... And it happened fast, really fast. Within two weeks it went from a concept to an audited contract that was deployed. That turnaround time was too quick for everything else, especially that we first had to wait for the audit result before doing anything."

>About marketing:
"I know that discussions are being had with YouTubers for a review of the ecosystem. So it's not like nothing has happened, opening discussions have already begun."

>> No.25603834

>>25603728
This is based. Finally some clarity. WGMI

>> No.25603966

>>25603834
This is the kinda stuff I wanna see as a Sta holder who's slightly concerned at the crabbing
Thanks, OP

>> No.25604090
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25604090

>>25603728
I'd had gone with BAL replacement route first so I kind of understand why it took so long to come up with wSTA.

But I have to admit wSTA is easier to integrate for existing DeFI solutions and CEXes.

>> No.25604180

>>25603728
When the fuck is the dashboard being released?

>> No.25604295
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25604295

>>25604180
It's out bro

>> No.25604297

>>25604180
You must be new here

>> No.25604343

Holy shit delete this thread

I fell victim to this scam two months ago. This is a scam. They are not developing anything. They ignore any questions on telegram.

Avoid this shit like the plague.

>> No.25604467
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25604467

>>25604343
What's your question fren

>> No.25604503

>>25603966
Agreed. Never selling though. We just have to remain patient. Remember, Chainlink already existed during the ICO altseason in 2017 but the gains were minimal compared to many other projects. Afterwards it dumpend and then crabbed for three years before it finally could spread its wings. Antshares was trashed on and crabbed for nearly a year before it just exploded. It also started its moon mission later than the other coins during altseason. Ample crabbed for a year before it went from zero to a hundred. Just, remain patient. Selling now is quite literally selling the bottom if you look at ETH value.

>> No.25604516

>>25603728
Soulvaki didn't implement wSTA. His only job is to launder money through his sex castle. I have records of him selling the indecent, raunchy stone carvings from Plato's allegory of the cave

>> No.25604718
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25604718

>>25604343
Shut up retard. Sold the bottom didn’t you. Sandcastle hands. Ns;op

>> No.25604755

If ETH wasn't so expensive I'd buy another 100k.

>> No.25604803

>>25604755
I'm afraid it will only go up. You could buy ETH and use some of the gains from that to perhaps buy STA later. That's what some people are doing.

>> No.25604856
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25604856

>>25604516
>Knowing I'll make it.
>Knowing I'll never get invited to the sex castle.

>> No.25605005

>>25604856
Some say he has a miniature version of that in his basement in Portugal in which he hides fellow tax refugees.

>> No.25605240
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25605240

Scott has re-appeared yet again. Let’s go

>> No.25605485

>>25605240
Holy based

>> No.25605827
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25605827

>>25604090

>> No.25606151

>>25604503
If you just pool in Stanos you dont miss out on shit

>> No.25606212

>>25604503
Oh yeah, I'm in no mind to sell, it's just a little frustrating to see so many things in the green as we happily go sideways.
But I understand patience is required. I bought into Statera because the tokenomics are ridiculously good if it gets into full swing. It's just a matter of getting there!

>> No.25606269

NEVER SELLING
ONLY BUYING

>> No.25606356

>>25604718
cringe

>> No.25606459

Great Community Project

>> No.25606818
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25606818

>>25606212
Definitely a win-more token. When it happens is a unclear, but it will happen.

>> No.25607030

>>25603728
>I know that discussions are being had with YouTubers for a review of the ecosystem.
Already in talks and the money is there.

>> No.25607144

>>25607030
I wonder what YouTuber it could be...

>> No.25607223
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25607223

>>25604180

>> No.25607313
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25607313

>>25603728
Holy shit I am literally gonna fucking make it. I can't wait to shit on hookers' chests.

>> No.25608134
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25608134

>>25603728

>> No.25608143
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25608143

Hell yeah boys

>> No.25608205

>>25604503
What does this shitcoin even do? What problem it solves?

>> No.25608451
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25608451

>>25604718
>tfw it's real
I love STA! WAGMI bros.

>> No.25608900

>>25608205
It is designed to make NEETs rich and low iq retards seethe.

>> No.25608945

>>25608900
I asked genuine question tho.

>> No.25608971
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25608971

>>25608900
How’s the bull run going

>> No.25608994

>>25608945
That was a genuine answer

>> No.25609021

>>25603728
EVERY fucking time I try to buy this coin I can't because of low liquidity. WTF??? Is this coin doomed??

>> No.25609053

>>25608945
All the answers you seek are in the whitepaper - although be aware it is presently being updated to reflect wSTA.

In a nutshell, due to its deflationary nature it turbocharges balancer pools resulting in higher APYs. It's also incredibly decentralised, which means that you cannot be rugged and supply will never increase. Bitcoin of DeFi, baby.

>> No.25609105

>>25609021
There is plenty of liquidity. How are you trying to buy? Set slippage to 1.1% and use whole numbers of STA.

>> No.25609209
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25609209

>>25608205
Volatility problem in crypto if you really want to have a "problem solver" but really it's a win-more token where you include it with a basket of other coins and maximize profits. Even with such small liquidity it's outperforming top Balancer liquidity pools. This is because of the deflation creating volume and arbing opportunities. The more volume, the more fees it grants. The dev team has also proven itself to be trustworthy when they refunded the 2M USD after the Balancer hack, while still being anon. Exactly what DeFi stands for. Basically it has everything that would make it a top DeFi blue-chip in the future, it just needs improvement so it's easier to access and after that adoption.

>> No.25609231
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25609231

>>25609021
Whole numbers of STA. No decimals. Increase slippage. Pic related.

>> No.25609511

>>25608971
I'm very much enjoying it. It's great to have bought 15K STA at $0.036.
>>25608945
This -> >>25608994

>> No.25610225

>>25609209
>>25609053
Kinda interesting, is the dev team white?

>> No.25610620

>>25610225
The only non-white left the team recently (took a long break)

>> No.25610724
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25610724

>>25610620
abu left?

>> No.25610792

>>25610724
For now yes he’s gone was replaced by the Dok. No hard feelings but Abu didn’t feel very dedicated.

>> No.25610920

>>25610792
Fuck Abu he can kick rocks

>> No.25610936
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25610936

>>25603728
STA chart vs USDC
2nd cycle's high and low points were roughly 3x higher than the 1st
If this trend continues we should see a new ATH around $1.35 this cycle

>> No.25610970

Stanos peeked its head above 300k liquidity for a moment there

>> No.25611113

>>25603728
I'm down 5 ETH on this garbage

>> No.25611158
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25611158

>>25610970
He did? Dare I say it, based

>> No.25611175
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25611175

>>25611113
>Bought high
>Denied quints
NGMI

>> No.25611235

>>25611175
>>25611111