/biz/ - Business & Finance

>>25704657
>Question: How do the pools work? Which pool should I put it in? Is there a possibility that I lose my statera if I do this?

The pools works differently depending on which one, but basically you earn fees for putting your statera in pools to provide liquidity.
There are some pools with impermanent loss where you can lose some statera, and there are others with no loss so you can't lose statera.

check the telegram I guess

Gonna sell desu
This is a sinking ship

>>25705259
>Impermanent loss
>Where you lose staters
What did he mean by this?

Statera (STA) - bitcoin of DeFi

DR;NS

>>25705327
i love 5 eth on this

>>25704657
They are only heavy if you haven't learnt to detach yourself from the fomo feeling. STA is and always was a secure long term hold. It will mint millionaires, but it will take some time. I'm all pooled and feeling great.

>>25704657
The idea behind sta is to pool when it dumps or crabs, unpool when price action is very bullish. If you were pooled in any pool but infinity you would be getting paid right now. Sta is not a regular buy and hold because by the time we are hitting multiple dollars the APY in the pools will be so high it’s not even worth selling anymore.

>>25705327
personally im fudding it until it hits 3 cents at which point I will sell my entire stack. I feel like statera has targeted me with ill actions

>>25706802
Take your meds.

>>25706746
Yea interesting and all but when moon

learn to cut losses quickly, thats like number one rule in crypto idiots

I would pool but its literally a 100 dollar transaction to get into the pool right now.

>>25706948
Yeah and it works pretty well, except for when it doesn’t and you miss the 100x moonshot.
Lots of people who refuse to cut losses get rekt- but nobody who cuts losses early has ever made it.

>>25706505
I see what happened here. The price was probably lower when you sold. What I do is sell when the price is higher, that way I gaint eth.

>>25707159
yeah I heard someone talking about this earlier but that's dumb you're buying the coin that's gone down so it's not as good right?

You guys are also fucking stupid if this was your MAIN hold. This is a SIDE POSSIBLE MOONSHOT. This when you dump 1k into and just forget while you watch your main coins (which is what I'm doing)

>>25707270
Most people on this board literally will not understand the concept my man, they think buying coins when they're low quality and cheap is the better option LOL. You have to buy a coin when its worth the most so you make more money, you also get the higher quality product as you mentioned, fucking retards will never learn.

>>25704657
statera is not 1.38
nor is it 45c
it is 6c.
6 cents
i bought in august and i cant sell

>>25706936
When money flows into smallcaps. And when marketing starts
>>25707539
This is exactly what the pools exist for
>>25707882 and >>25706802
Pic related

>>25706608
Based and same

>>25707539
It’s not a possible moonshot, it’s inevitable. Anyone who realizes the potential of DeFi, DEX’s and liquidity pooling knows it. Not only that, Statera is THE arb token because it literally creates arbing opportunities out of thin air. Guess what this leads to? Volume. Guess what makes the statera ecosystem more powerful and attractive? Volume. STA is honestly way ahead its time, anyone who isn’t a retard would seize the opportunity now but like with many other early projects, they will miss it. Statera is the motherfucking king of DeFi, there’s no third party or entity envolved and you will never be able to fud enough for me to sell.

how does the community of this coin churn out so much meme content? I mean I've seen some quality OC here. Did the team hire a meme production team or something?

>>25708608
statera community really gives a fuck

>>25707539
You do realize pooling in STANOS allows you to ride bluechip pumps with lowcap exposure for the inevitable 1000x. 50 STA threads a day and there are still people who don't understand it at all. Unbelievable

>>25708608
High IQ people understand Statera, and also create the best memes.

>>25708707
But the actual dev team doesn’t kek, sad

>>25708608
Because we are super fucking early and know that statera is inevitable.

https://www.youtube.com/watch?v=dy1ko4L70Lw

>>25708799
The dev team is just there to market, create dashboards, ease-of-use type utilities. As a token, it is a completely finished project.

>>25708966
Checked and accurate

>>25708966
>it is completely finished
You've got that right

>>25708966
And there’s your problem. It’s finished so there’s no hype around it. There’s nothing to look forward to for investors. When will you faggots learn that hype drives price?

>>25708784
Yup. We know what's coming and once it does we are statera barons. Until then it's all fun and games

>>25709224
>>25709263
Can’t wait for bitcoin next exchange listing, gonna pump BTC to 100k

>>25709263
Answer me, do you fundamentally understand the project, or no?

If Statera even goes to 15c I will have made more than holding BTC/ETH in this bullrun. Which would be a 12M mcap and still only a third of ATH. Comfy when you think about it like that. Comfier when you realize how pooling, volume and deflation works and how they all feed into each other, which will make the rise like a perpetual motion machine resulting in the biggest green dildo you've ever seen. The only reason it hasn't pumped yet is because it isn't on a normie exchange (or any CEX) making it difficult for money to flow in.

>>25709938
Only reason it hasn’t pumped is that institutional money is desperately avoiding DeFi outside of YFI right now because it’s seen as a risk. Once BTC and ETH pop Statera will explode. It’s a very small portion of my portfolio right now, but I have iron hands on my 50k stack.

>>25710016
Also if you think this halving is near the top you’re so new I can’t even comprehend. Log scale. Statera is not a coin for newfags. “Just wrap your Statera and put it in a liquidity pool” isn’t something people new to crypto are interested in. Uniswap is too complicated for these people.

>>25709938
This
In addition to STA I hold BTC, ETH, LINK, and a couple other random coins. Despite how it looks right now I'm betting that within the next few months I make more off of STA than anything else

Fuck, we missed the whole bullrun. See you in 3 years

>>25710092
Im an unironic oldfag. Like 2014 in crypto. I got interested in STA and it forced me to learn UNI, pooling, and balancer and I learned it in an hour or two. Having a background in crypto made it easier, sure, but its accessible. As it becomes more accessible is when we get our normie rocket.

>>25710353
Crypto bull run is just getting started my dude

>>25710092
Exactly. All this wrapping and unwrapping, pooling and unpooling, contracts and transactions, gas and slippage it’s pretty high IQ balls deep stuff considering most normies have teouble buying bitcoin from binance. Statera is super fucking early. But we understand how it works and see the potential in both statera and defi.

If you're not in the pools, you're quite clearly NGMI.
Because when they truly take off, they're not coming down again.

>>25710372
What's your opinion on how to make it more normie-friendly?

>>25710833
i think 1 button pooling should also include wrapping. wrapped statera is really good but now its another thing for normals to not understand. if a "pool" button also wrapped your statera, that'd be a good start.

>>25710919
That's in the works, I believe.

>>25706802

>>25711031
I think they said it would be implemented eventually but I'm not sure if it will be in the next version

>>25710833
If they could get the dashboard working properly it could be a game-changer
Think if you were able to buy, sell, wrap, and pool your STA from one user-friendly interface

>>25711068
And think if it could be done on a mobile app eventually

>>25711068
It won’t, because then it’s likely that someone would hack the dashboard since it lacks full web protection

>>25711288
It would require some work for sure, but it's certainly not impossible

>>25711288
>it's likely that someone will hack. The dashboard

K

>>25711435
Yeah. But someone would hack it its not that hard lol

>>25712151
Why would anyone hack a community project. We’re all frens here right?

>>25704657
The people at the top are completely incapable of doing shit. They've been "developing" that piece of shit they call dashboard for the past 5 months
Also where is the fucking marketing they promised?

>>25712376
Dashboard isn’t finished. This is a super early beta release because Scott’s family allegedly got COVID. It’s only released in this form because it can actually help some people pool. It looks bad for us, but it’s a useful tool so chill. It will look polished and nice soon enough and there will be a spiffy website soon. Stop getting angry about an extremely low marketcap coin making slow progress. You did flip Chainlink toward the top for Bitcoin before the S2F halving, right?

>>25712465
You do understand that if his family has covid and we had christmas then he probably has too? If scott dies it’s over

>>25708784
Thanks anon I made that meme

>>25712151
How? The crypto would still live in Metamask, the trades would still happen Uniswap. It's literally just an interface

Dashboard is a piece of shit because the team are a bunch of clowns. They are a serious liability. The concept is cool but as soon as an actually competent team copy the idea (only a matter of time) everyone is gonna dump this shit.

Just pool and be comfy.

>>25713058
Well im no hacker but I think someone could figure it out like the flashloan balancer hacker

>>25713440
But anon, at that point STA has already lived for so long it's likely to stay number one. Look up the Lindy effect. The team is tested and trusted after they made that huge refund as well. Statera is currently true DeFi as there is no company or similar 3rd party entity behind it. Statera just exists and it works (much like bitcoin)

>>25713581

Lindy effect is a meme heuristic.

The team is broken and fragmented because half of them abandoned the project, and the ones remaining have no idea what they are doing. Five months development for a shitty, buggy dashboard stands as testament. Oh and forget about marketing, they have like 2 ETH as their “treasury”.

>>25713714
They have much more than 2 ETH. They are getting donations + those shitty nft sales.

>>25708608
Because ONE dedicated Statera autist has access to Illustrator. That's literally it.

>>25714198

No one wants to donate because they broke all of their promises and people are tired of holding these heavy bags. NFT auction was a cringe circle jerk of the team themselves bidding lmao

>>25704657
arent you tired of this nigerian shitcoin?

altcoin hodlers except for eth, ltc, bnb and xmr all deserve to get pajeeted & blacked

>>25713714
They have more than that. Stop talking out of your ass. Also we just recently got two new programmers who know their shit to work on the dashboard. It's everything than broken and fragmented ever since the communication stepped up once the Doctor took over. And Scott as well as GC are both there, two of the biggest brains as far as I know

>>25715060
Prove it. And even if this is true it literally doesnt matter because sta cant pump since its not on any good exchanges

>>25715060

Dashboard has to be made from scratch because it’s current broken form is a lost cause. Prove me wrong. See you in six months when the bull market has slipped by. HODLL!!!

STAstronaut hold on tight next week. You'll be rewarded...

>>25715854

“News soon” whilst the price bleeds to shit during a bull run. Is that you Megan? Your lies got old after the four month point.

>>25708608
The Doktor himself was behind the concepts for some of the great ones, Im a graphic designer with a big bag and made them happen. Pic Related.

>>25715643
You are so right. These guys don’t understand that you can’t just steal and continue someones code. If you do, it’s likely going to be very vulnerable for hacks. What it needs is exchanges but the cult community thinks is not needed LOL!

>>25704657
I sold out when I didn't see the expected pump.
This is going back down to .030 cents a coin

ive started thinking about fiat dollars as just another shitcoin
when statera drops low enough i will put more fiat into it because fiat is also a worthless shit token
prove me wrong

Just wanted to drop by and say nothing will stop me from buying. I will simply keep buying and pooling. I’m seizing the opporunity, this is my motherfucking ticket and you poorfuck fudders can go suck me off. Never getting my statera

>>25713495
That was caused by an exploit in Balancer's software
Balancer actually holds people's tokens in liquidity pools, as does Uniswap. The dashboard would just be a 2nd-layer interface

>>25716166

Go ahead bro. The market doesn’t care about your zeal. Look at all the XRP holders that are roping after three long painful years. Kind of funny but that’s what happens when you ignore red flag after red flag.

>>25704657
>Crabbing
Hahahahaha it's been a slow tanking

>>25716417
XRP is on it’s way back up. The fud just fueled the bubble the same way it did with LINK, the same way it did with BTC and the same way it’s doing with STA. But you already know this.

>>25716166
Are you pooling everything fren?

No one actually bought a large stack of this, right? You’ve been shilling it for months ironically, right?

>>25716541

Go ahead and buy a big bag then on the basis of one green candle. You can hold the XRP and STA chadfolio for thr bull run. Lmao.

>>25716573
I will keep pooling everything I ever manage to buy yes

>>25716577
Yes. There is no community. It’s all fake. The same person is fudding and shilling using multiple devices and the memes are paid fiverr illustrators

>>25716696
It’s not based off of one candle. They have already won a lawsuit against the SEC a few years earlier. Literally nothing will happen to them, nothing SEC will be able to do. It’s all fake and the best working crypto wins. We are all here to make money. Guess what Statera aims to do? Maximize profits. Liquidity pools will be a huge thing in a couple years, could even kick off a DeFi bullrun detaching DeFi from BTC halvings.

>>25717149

Confirmed XRP bag holder too. Glad I stopped listening to you guys holy shit.

>>25717188
Wrong again. Although I was VERY tempted to buy XRP when it dipped below 0.2 after the SEC fud.

>>25708586
I'm the OP and I'm gonna HODL. Just sucks to see even fucking XRP get gains and we've been crabbing for awhile now. But I'm patient.