/biz/ - Business & Finance

>>25639670
>make a shitcoin with the deflationary meme mechanism
>it breaks everything and doesn’t work
>wrap the shitcoin to make it not deflate
>wow! Bullish! So much potential because we created a bunch of market inefficiencies!

Statera holders are the lowest IQ bagholders in crypto.

>>25639670
Ooohh this is great!

>>25639720
The deflation happens safely on uniswap due to inherent arbitrage opportunities

NGMI

>>25639670

>>25639670
Based greek food spitting truth

>>25639720
Don't worry we'll just release Wrapped Wrapped Statera (wwSTA) which adds the deflationary mechanism back in to fix this

>>25640122
This man just solved world hunger

>>25639720
Found the low IQ anon, law of averages

>>25640122
Audibly kek'd

>>25639720
You do know that the deflation still happens? And imagine if Balancer managed to fix their issue with deflationary tokens. Sta would rocket to top 100. But its not needed

>>25640411
No one gives a shit even if it deflates to 5% supply in a month

>>25640479
Not until liquidity pools become normalized and people see that statera pools far outperform the others, or even just a DeFi bubble like in the summer where you actually have a project with massive potential which isn't a food scan

>>25640594
scam* not scan

>>25640633
Next step Balancer whitelist
In the meantime, the Dash is being tuned up, and the website is getting an overhaul.
And proper marketing can he rubber-stamped.
If you're not yet aware it's a great time to be getting into Statera.
The potential upside from here is quite frankly ridiculous.

>>25640176
You haven't seen anything yet, wait until they add wSTA into to the Statera index fund

>>25641175
>its going up trust me
Not buying your bag.

>>25639670
I've lost 5 ETH on this

>>25641383
this

>>25639670
Statera was nothing more but a P&D. It served as a way to introduce /biz/ to Uniswap.

>>25639770
Net arbitrage volume will be a lot less than the stanos volume, wSTA is a bandaid because they couldn't figure out how to fork balancer.

>>25640122
Wait. Scott here, fantastic idea. If we included it in a balancer pool with wrapped wrapped wrapped Statera and used the pricing differences...it's brilliant!

>>25641927
>just fork balancer dude lmao

>>25642143
Yes? It's a very simple system. Fork balancer, rip out anything related to the rest of the system, leave a hardcoded pool contract for stanos that works with burning. Clearly a much better solution than wSTA which sacrifices most of the burning.

>>25639720
Is biz really low IQ now?

>>25642382
>now

>>25642246
It doesn’t work like that... wish it would though A+ for creativity

>>25642480
In that case I apologize, educate me. Why wouldn't it be possible to fork it? It's similar to forking uniswap.

>>25641639

>>25642616
Go ahead and fork it. Keep us posted.

>>25642907
No, I'm not a programmer but it's basically uniswap extended with weights and more than two tokens. Why isn't it possible?

>>25642989
Well color me surprised.

>>25643082
You literally can't explain it. All it takes is a single sentence.

>>25639720
It happens in the wSTA/STA arbitrage.

>>25641927
Do you know how Phoenix/Delta worked previously? wSTA exposes STA to much wider fluctuation.

>>25643113
Dunning-Kruger in full effect here.

>>25642989
You can't fork compiled code. Also having codebase without dedicated team is just messy.

Also wSTA can be integrated more easily for existing DeFi products.

>>25643214
Yeah, on your side. I'm asking a honest question and you can't answer it, so you fall back on spamming memes.
>>25643211
Right now the burn happens on sta/wsta, which requires a larger fluctuation for a burn to happen (making arbitrage profitable). With burning on pool rebalance the volume would be higher, as people can't simply sit in wSTA to arbitrage. Am I wrong?
>>25643252
It's open source.

I want to pool some wsta in stanos but gas fees to unpool from infinity are like €40. Is it even worth it, or should I just wait until gas fees are lower?

>>25643551
That’s up to you bud. No one can say.

>>25639720
>>it breaks everything and doesn’t work
if by this you mean it literally created so much arb opportunity and volume that the balancer platform couldn't handle it then yes, that WAS the case. wSTA completely fixes that.

>>25644723
>d
Didnt V1 break Uniswap too? Didnt that kickstart the V1, STAC, and V3 shit back in May?

>>25641383
This already happened lad, Stanos is back

>>25643338
>as people can't simply sit in wSTA to arbitrage
If the price difference (arb) gets too big it will just get taken care of by the liquidity pool balancing itself

So what if all of sta gets wrapped. What's the point of regular statera then?

>>25645878
It will not because there’s always profit to be made by arbing wSTA and STA

>>25646512
Whats the point in unwrapping sta if it's worth half of wsta and there is no statera left?

>>25647377
wSTA = STA (roughly, if they're out of lock then arbitrage will bring them back in line)

>>25647377
If STA is worth less than wSTA you don't unwrap it, you just swap it for STA on uniswap and make profit. This is the arb that >>25646512 mentioned.

>>25641564
I don't want you to buy my bag, silly.
I'm not selling it anyway, lol
Pooled it all. And quite comfy, thanks!

>>25643551
Gas fees are mad, but that's why people recommend pooling for a long time.
Not only will your fees accrue, but you'll offset the initial gas in no time.

How in the shit do I claim my BAL from STHANOS pool fuckers

>>25639670
Our time is soon

>>25647778
This is what I'm trying to work out - how much wsta to pool in stanos to get enough fees - I have like 300k sta split in infinity but don't want to go too much into stanos but want to put enough so it's worth it

>>25647884
YOU DON'T LOL
Imagine falling for this scam.

>>25648037
You’re too low IQ to even understand wrapping so I’m not surprised at all that you’re calling it a scam too.

>>25647884
google "claim balancer fees". Should be first result. Fucker

>>25647917
All depends on your risk factor.
If you think Sta's gonna pump, get into Infinity right now. You'll get crazy fees if and when Sta takes off.
If you think the assets in Stanos or Phoenix have a better chance right now, get in there.