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

/biz/ - Business & Finance


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25618103 No.25618103 [Reply] [Original]

For the burgers or others who might have missed it. Based on some breadcrumbs from Souvlaki, one of the team members.

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.25618129

>>25618103
bullish

>> No.25618173

>>25618103
bullshit

>> No.25618183

>>25618103
wSTA is easier to integrate to all kinds of DeFi products.

>> No.25618273

>>25618103
Now this is a roadmap. Clear and concise

>> No.25618289

what is wSTA?

>> No.25618290
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25618290

Our time is soon

>> No.25618312
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25618312

>>25618173
Top kek found pigerz

>> No.25618326

where the fuck is bon

>> No.25618340

>>25618273
It’s not official but yeah that’s kinda what is up. CG/Balancer likely this week, I’d estimate website and dashboard next and marketing immediately after. Just breadcrumbs from tg.

>> No.25618401

GOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.25618640
File: 29 KB, 512x512, wSTA.jpg [View same] [iqdb] [saucenao] [google]
25618640

>>25618289
Wrapped Statera, allowing Statera to safely be included in a Balancer pool again which is enormous for the ecosystem gains. There will be a ripple between the Balancer pools containing wSTA and all the other pools in the ecosystem, more volume, more burn, more fees.

For instance: Take Stanos, you hold 50% wSTA and 12.5% of wETH/wBTC/LINK/SNX, let's say LINK moons, the pool will sell LINK to buy the other four, this includes wSTA. This means that price of wSTA goes up since it's bought, which ripples over to the Infinity (wSTA/STA) pool. Since wSTA has now gone up in price, the Infinity Pool now has to sell wSTA to buy STA, creating burn and deflation which creates a new instance of re-balancing meaning the price change will ripple back over to Stanos and so on. These are just two pools, but the price change will affect every pool in the ecosystem.

>> No.25618682

>>25618340
It felt like we knew there was a lot to work on, but it was very vague. Now it seems a lot clearer.

>> No.25618806

>>25618682
Most things are really simple to fix and the dashboard isn’t started from a scratch either. I would guess they are already in talks with some youtube people because it’s clear what needs to be done before it’s ready for proper marketing.

>> No.25618916

>>25618129
>>25618173
duality of man
>>25618103
DeFi will be so huge in the future it is currently incomprehensible. Statera is exactly what DeFi stands for, there’s no company or third party behind it, only a trusted and tested community. Even most people into crypto haven’t understood how huge decentralized exchanges will be, how huge liquidity pooling will be, and liquidity pooling is Statera’s ace card. STA is the king of liquidity pools. It is currently outperforming many top Balancer pools even though the liquidity and volume is so low. This is because it isn’t known yet, only /biz/ knows about it and most don’t understand so they choose to ignore it.

There WILL be people kicking themselves for not buying Statera at these prices. This is what being early looks like, take it from a seasoned oldfag who only takes calculated investments based on risk/reward.

>> No.25618971

>>25618806
Check the roadmap again, it states they are already in talks. Of course, but the fact that we have a bullet point list makes it so much easier for everyone who doesn’t follow the project news all the time

>> No.25619147
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25619147

>>25618916
This anon gets it and will unironically make it.

>> No.25619238

>>25618971
Indeed. Great news anyway

>> No.25619282

>>25618916
Yes, many DeFi things are CeFi in reality. For example AMPL freezed KuCoin robber AMPL and uses its own oracle as primary oracle.

>> No.25619319
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25619319

8 months boys... You may not be a millionaire but you'll damn sure be in a better place than you are now

>> No.25619673

>>25619282
Many things really are just disguised as DeFi. But is it always true DeFi? Good example

>> No.25619717

How far will a 100k stack get me guys? Be realistic.

>> No.25619872

>>25619717
Depends on how long you are willing to wait. Statera itself has already made it. After all the shit it has gone through it's still standing proud. Of course, no one knows. It could peak at a dollar during this bullrun, or it could not move at all until bullrun is over and go straight to 10+ dollars. It seems quite unlikely to see it crabbing for the whole bullrun, however.

>> No.25619993

is it still worth holding STA or should I swap? redpill a 250k retard pls I've been out of the loop for a while

>> No.25620026

>>25619147
STAutist checking in

>> No.25620103

>>25619993
If you swap now you get as much ETH back as you would’ve back in summer of 2020. Quite literally selling the bottom but the choice is yours. I’m only pooling

>> No.25620126

>>25620103
I meant swap for wSTA I have no intentions of selling out of the project

>> No.25620514
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25620514

>>25618916

How can one easily see each pool performance by volume? I've been hearing that STA is doing well relative to its liquidity size but it would be helpful if we can check for ourselves.

>> No.25620832

>>25620514
The wSTA pools are quite young so it’s hard to give a correct answer as the volume has heavily fluctuated. The first few days the returns were around 300-400% APY then with the volume dropping off a bit they stabilized at around 30-40% APY. Ask the telegram for help and more info

>> No.25620884

>>25619993
you should put 30% into stanos and the rest into sta/wsta

>> No.25621110

>>25618290
Gold

>> No.25621121

So how do I make steady gains on STA? I have a stack and dont know where to throw it. Id like to get some of that bpt money.

>> No.25621168

>>25621121
stanos, go to the website and go portfolios, theres guides on there too if you need them

>> No.25621180
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25621180

>>25620514
Someone just posted this for stanos

>> No.25621248

>>25621121
The telegram crew will guide you step by step if needed, you can either wrap your statera or swap it for eth and then pool (eth is most liquid if you choose to do it this way)

>> No.25621372
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25621372

>>25621180
do we trust someone who cant figure out how to use image capture software or print screen to calculate stanos apy?

>> No.25621414

>>25620514
This is what the dashboard will solve. What do you think will happen when people will see the results as you say by themselves? We are the early investors, very early. Who have done the research needed. It’s a matter of time before it happens. We are sitting on a goldmine and most of /biz/ is too caught up in scams to even try to understand how insane statera really is.

>> No.25621447
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25621447

>>25621372
Kek

>> No.25621453
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25621453

># of holders going DOWN
>almost no burning happening
>price movements in the stanos tokens do not affect the price of statera, contrary to what was indicated in the whitepaper
>the wsta half-ass fucks the burn-on-rebalance mechanism
>nobody pooling in stanos, TVL is at 300k dollars
>dashboard was a massive letdown and is still a piece of shit
>massive marketing with what money? oh yeah, community project i guess the marketing is the telegram shilling on /biz/ and twitter

>> No.25621564

>>25621180
This calculation is wrong
22000 * 0.003 * 0.078 = $5 lmao not $50

>> No.25621697

>>25621564
Yeah. The volume is dead though, for now.

>> No.25621738
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25621738

>>25621453
>almost no burning
60k burned from when i checked 3 days ago.

>> No.25622183
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25622183

>>25621414

>> No.25622722

>>25621180
Calculation is terribly wrong

>> No.25622851

>>25622722

Yeah the $50 in 24 hrs is way off. That estimate doesn't seem reliable.

>> No.25622868
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25622868

>>25621180
>>25621372
>>25622722
and the answer is a resounding no, lmao

>> No.25622947

>>25618103
>wSTA is by far the biggest thing to happen here since the hack, in the long term it's bigger than what Delta was

I'm pissed that I bought in way too early and missed a lot of gains in this run, but I agree with this 100%. STA is held back seriously by high gas prices especially at this low cap because what it is in the end is an Arbitrage Engine.

>> No.25623640

>>25622851
Who ever did the calculations used 0.03 instead of 0.003 for the fees calculation. Since the fees are 0.3%, tis an user error is all.

Sta still $4