/biz/ - Business & Finance

you pool = money makes money

you deposit your asset into the pool
you receive a balancer pool token which represents all the assets in the pool
you are allocated balancer pool tokens to represent your % share of the pool based on $ value
the pool will maintain the instructed ratio by buying and selling the assets within the pool whenever needed to maintain the ratios
each time this happens 0.3% of the fees are distributed to liquidity providers based on their share of the pool

>>25872201
I'd say the opposite, if you only have a small amount of STA/wSTA then it makes sense to hold for the pump, as you'll spend a fair amount on getting the Balancer proxy set up, etc.

>>25872764
where are the fees coming from?

"How are Balancer Pools continuously rebalanced?
We believe this is the main innovation introduced by the Balancer Protocol. Pools are efficiently rebalanced through a multi-dimensional invariant function used to continuously define swap prices between any two tokens in a pool. Essentially, it is an n-dimensional generalization of Uniswap's x * y = k formula.

Imagine a portfolio that contains a certain proportion of token A, and its external market price increases. In a conventional rebalancing process, the portfolio manager would need to take action - in this case, pay a trading fee to sell token A (and probably pay another fee to buy something else to replace it).

In contrast, Balancer Protocol lets rational market actors actively buy token A from the pool, presumably to sell elsewhere on the open market at a profit. The portfolio manager (Balancer Pool creator in this context) does nothing but collect the fees.

So instead of doing work and paying fees to rebalance their portfolio, Balancer Pool creators earn fees while traders do the rebalancing work for them. Conversely, traders benefit in two ways - high liquidity allows low slippage on "retail trades," and arbitrageurs can directly profit from swings in external market prices."

why do you want statera in the pool? because of the deflationary nature of statera it forces more balancing to occur through the deflation... whenever the pool rebalances 1% of the statera transaction is burned which causes the ratio to become imbalanced once again forcing another balance which will accumulate more fees for liquidity providers, this cycle continues and more fees are accrued and subsequently distributed to the liquidity providers. so the main idea behind statera is that it is creating arbitrage opportunities (someone buys wsta on balancer for less than its worth on the open market, dont forget balancer is also a dex) they sell it and turn a profit.

>>25872978
the same arbitrage opportunity also gets created in the infinity pool when the price margin between sta/wsta is large enough, these opportunities are created by any swaps happening within the ecosystem, someone buys wsta/sta and sells it on another exchange (arbitrage) which causes more balancing and more burn, more fees, this loop feeds itself and with enough volume the APY in the pools gets to insane levels

i have room temp iq but this is my understanding, hope this helps

>>25872978
SIR you seem to know your shit, so my question is, delta into phoenix fund or just provide 50/50 eth/sta on uniswap

>>25873040
we actually have a spreadshit that can calculate phoenix/delta returns

https://docs.google.com/spreadsheets/d/1Nj64AskLLHhigAVfu875TjBy4uEbU9uVkIxNUAJ_9qM/htmlview#

it depends on what assets you want to be exposed to

>>25873040
https://docs.google.com/spreadsheets/d/1dCe_qR0hHfLkpS-FQ3fB-6EMkW7akKO2c6NHRh_NnQM/

use this spreadshit to calculate the returns, it seems like delta is around 50% APY at the moment, id say either pool delta or stanos right now since eth is still super volatile and phoenix is just nowhere near as effective at creating volume as the wSTA balancer pools

>>25872978
I’ve read this as well, but I can’t seem to wrap my mind around to how the pool actually works. I get that the balancer has created something where the price is brought into a market equilibrium by arbitrageurs, but how does it actually rebalance the portfolio? So let’s say we take the Stanos pool for example, and Bitcoin goes on a run and ends up being overvalued to the constraints of the pool, say 20%. At that point I don’t understand what happens. If someone purchases Bitcoin from the pool, how does the pool balance out? And isn’t the Bitcoin itself gone now? Furthermore how is money allocated towards pulling up the other assets in the pool, since the balancer doesn’t initiate any gas transactions within the pool. If you or anyone could help it would be much appreciated, I feel like I’m missing some detail which makes it all click.

If I were to pool purely Wsta in the Stanos pool, in return i will get wbtc weth sbx and link? and at what ratios

>>25874139
im not going to pretend i read the entire balancer whitepaper but its important to remember balancer itself is an exchange so i assume that is how it balances without incurring shitloads of external fees itself...

if bitcoin goes on a run the total amount of bitcoins in the pool will go down but the value remains the same.. bitcoin is divisible to the 8th decimal place after all.. its based on the value of the tokens not the quantity

>>25874166
It automatically balances the ratios for you, so it will sell 50% wsta to buy 12.5% of each LINK/SNX/WETH/WBTC

>>25874417
Thanks for the honesty fren. Yeah I understand the Bitcoin part 8 decimal part, but don’t understand how when someone buys one, what happens next.

Say we have 10 Bitcoin in the pool, 2 are bought and sold elsewhere, well then the pool would only have 8 left. Yes we made money from the transaction, but who’s purchasing the other assets. This is the point I wish I could understand. Btw I hold a lot of STA, and looking to buy $5-10k more if I can just wrap my head around the balancer mechanism.

>>25872201
You pool to get paid for holding crypto. Statera might have the most efficieny liquidity pools in DeFi. The only thing you have to account for if you wanted to pool in a Balancer pool is gas. If it’s uniswap and you wanted to pool in infinity (50/50 wsta/sta) then remember that 1% of that sta you pool gets burnt to enter it. It doesn’t get burnt if you pool in Balancer since wsta itself doesn’t burn.

>>25873398
this doc helped me a lot, thx anon

>>25874498
holy shit thats based as fuck. God I love Statera

>>25874565
i believe bots/people are buying the tokens from the balancer exchange not directly from the pool, in order to sell them on another exchange at a profit

When you really get the idea of Statera's pool there is no turning back. You really understand why this is so hyped in here.

>>25872201
Can you make bank from buying and holding statera long-term? I'm tech illiterate, so I don't know what pooling is, and if I'm being totally honest don't care to learn.

>>25875314
balancer pools are essentially index funds for crypto and including statera makes the balancer pools work harder to balance which makes you money

assuming there are crypto markets to arbitrage and statera moderately succeeds in marketing itself then holding statera and pooling it will definitely make you bank long term

>>25875624
So statera is some sort of middle man between crypto markets to ensure price parity and accurate prices/ in balancer pools? Unironically my plan is to buy a bunch of statera, then let it sit in a wallet for a few years. Will this even 'pool' at all? Does statera pool automatically? Excuse my ignorance.

>>25875087
I think the pools are the exchange. In uniswap the pools are 50-50 an asset group, say any token and ethereum, and you get a slice of the fees for providing liquidity. Balancer changed that model by allowing pools to be private, or shared, and where you can pool up to 8 assets with varying measure as opposed to the 50-50 requirements of uniswap.

>>25876120
You will need to pool it after buying it. You can leave it in the pool for two years.

>>25876186
I meant for a few years, no time limit really.

>>25876186
Ok, so say I buy statera on uniswap. Could I then decide to pool it on uniswap, and the passive income I'll get from pooling it will come in the form of uniswap coins?

>>25876636
You can pool it in uniswap, or on balancer. Each one has approximately 3 different pools. First decide on the pool, because if you need WSTA for your pool, it might be better to buy it instead of STA. This way you avoid losing some due to deflation during the wrapping process and save on some fees.

BTC is digital gold

STA is financial DMT

Literally buying BTC 9 years ago

Except this time
It’s coming faster than a fucking speeding bullet

IYKYK

$10 is pathetic fud

I still don’t understand this one bit, but I do make Statera memes.

>>25876981
Ok so say theoretically I bought 2,500 STA. Would this even be worth pooling for two years? The fees collected seem pretty small as a %, but I guess theoretically if the price of STA went up a lot the fees would become much more substantial even if the % was the same right?

>>25878075
This

>>25878058
Well not quite. But you are right it's hard to put a price tag on something that enables a 100-1000% APY and potentially more while being rug-proof

>>25878629
Lol I say it humbly

MY STATEMENT STANDS

>>25874615
wSta pools are the future, delta is older solution to gulp exploit problem

>>25878079
Yes, plus you get BAL rewards too. IL is pretty low

>>25879012
nice so bal kind of offsets the IL. so it’s like selling the top and buying the lows when it comes to pooling and rebalancing

>>25874593
Why is the Statera token even on the market? If the developers pooled all the tokens, then they would be paid themselves. Why offer it to some 4chan losers?

>>25879759
Is this a serious post?

>>25879759
Why is bitcoin even on the market? If you made your own bitcoin you would be paid yourself.

It's just about being first.

>>25875087
If you go to 1inch it sometimes recommends trades with BAL pools if they have good offers.

Thanks, pooled in wsta/sta pool feels good to be early

Some awesome volume the last couple days in the pools.
wSta is a sensational addition, it really is.

>>25880917
STANOS volume is going crazy right now. Statera FOMO rising

Looking good friends. If you manage to figure it out before the dashboard comes out when it eventually does you’ll be greatly rewarded for being an early adopter (well actually innovator)

>>25882222
Witnessed

>>25882222
How would using the dashboard be beneficial financially? I thought it was just a more streamlined way to do what I'm doing now.

>>25881077
>checked
OOoooOOOOOOooooo

>>25882464
the dashboard will make the project more accessible for normies

>>25882464
Yea normans come in and it bumps the volume even more as everything is just easier, those already in the pools get rewarded for being early at that point.

>>25882828
Whoops read it wrong. I read it as it would be beneficial to be an early dashboard adopter, but he was saying we'll be rewarded for having it figured out prior to the dashboard, which I agree. STAchads will make it, even when this bubble is over we'll continue to make it as panic sellers continuously burn their tokens. Feelsgoodman

Still waiting on Balancer to get rid of their gay warning. I want my full BAL rewards

Is this shit still bleeding out?

>>25883075

>>25883931
never was.

>>25878079
At the height of the last pump Phoenix churned 1000% APY.

>>25872201
FOMO IN FAGGOTS
POOL AND U WIN THE BULL MARKET

Why is this shit going up?

>>25884704
Because its fucking inevitable

>>25884704
It is like a big fucking spring destined to burst. The so-called tokenomics are insane.

>>25878079
That’s the thing it would be worth it in the balancer, as Statera has pretty much gamed the system due to its deflationary nature. As the ecosystem of utility grows, so does the burn rate, and ergo the fees in the balancer.

>>25884704
>he still doesn't get it
Time's running short, fren.

>>25884704
did you not read this thread you utter retard? it's all right there. it was inevitable. but there's still time. this is the next LINK.

Okay I need some one who's versed enough to tell me straight. If you were planning on buying and holding saying 50k STA for the long term, like a "made it" cash out.
What could go wrong if you pool them? What's the best pool to use if that's the best answer?

>>25884704
It's way oversold. One guy took profits for months which made us dump hard, 6M statera. Once he finally got done with the daily dumping we exploded from 3 cents to 12 cents, but one statera whale with 900k statera downloaded a metamask.exe and got his STA scammed. Scammer started dumping those 900k tokens on us all easily within a week which got us down to crabbing where we are now. If the scammer didn't get hold of the sta and we would've just held the ETH ratio we would be over 20 cents right now even with the ETH dip.

>>25885044
In a typical pool, the biggest downside is impertinent loss. I believe most of STA's pools are created to minimize this downside.

>>25885044
Probably infinity. No impermanent loss but fee-wise stanos is currently beating it. But as I understood it you asked for a pure 50k STA make-it type of cashout.

>>25885221
Can you or anybody else give an ELI5 of impermanent loss and how it pertains to the pools?

>>25885044
infinity pool (sta/wsta) is the best bet for going long on just the sta ecosystem and minimising potential impermanent loss. other pools offer diversification in big mcap cryptos/defi projects, but the gains from sta rocketing will be lower than actual dependant on the ratio of diversification.

>>25885221
Thanks fren. Can you help me understand how impertinent loss could occur? I read up on it but I'm not exactly 100% clear on what events would trigger undesired results and how likely would it be?

>>25885342
impermanent idk why i typed impertinent like I didn't know he meant impermanent lol

>>25885322
Use a search engine, fren. There are a hundred articles on this. Here's the first one I found:
https://blog.bancor.network/beginners-guide-to-getting-rekt-by-impermanent-loss-7c9510cb2f22

>>25885291
No no, what I mean is, I'm accumulating because even as a brainlet I can see and understand enough of this, even as a brainlet, that I think is a good thing to be in on.
Now lets say I have 50k is there any downside to pooling if i'm planning on keeping them for the long term

>>25885464
>https://blog.bancor.network/beginners-guide-to-getting-rekt-by-impermanent-loss-7c9510cb2f22
I think that's what I needed as well thanks my man

>>25878629
It will only become rug proof with more volume. If there is another run to 40c it still can easily crash if one whale decides to offload his bags

>>25885342

>>25885342
The biggest trigger would be if one coin you were pooling shot up in price while the other went down or sideways. Since you are constantly rebalancing in the pool due to arbitours, you would hold less of the token that did well and rebalancing into the token that was doing well or going sideways. While you are collecting fees, it will most likely not be enough to make up for the fact if you simply held both of the tokens. The likeliness of this happening is unknown. About as known as if a token will go up or down.

When pooling, you're looking for a pool with not many people providing liquidity, but is very volatile and has high volume. That way you can collect on a larger portion of fees and see increased trading fees.

>>25885531
Not really no. Considering Phoenix saw 100-1000% APY last peak. I mean, just think about that for a second, how insane that is. Literally just choose a pool which ratios you like and go with that. It's up to you. If you bet on STA exploding in price, you'll want as much STA as possible for instance. Also, Infinity pool is like holding but better. It's basically 100% STA, yield farming statera but it has lower returns at least now than the other ones.

>>25885464
>>25885623
>>25885632
Thanks for the help

>>25885620
Yeah sure, but that's only if the whales would have multiple wallets. Otherwise, no chance and the dip would be bought up almost instantly, I can guarantee you. The top 10 have 10M less STA than what they did last pump. That's a huge difference. Truly the most decentralized project in DeFi.

Good shit anons thanks for all the replies. Feels good to be on board

>>25885757
Welcome. WAGMI

Still noob at this, but it seems like if you actually think STA will moon, then it's retarded to pool since the impermanent losses will fuck you in the ass the whole way up right? Why would anyone who thought STA was a potential 100x ever pool their tokens?

>>25885757
apes together strong

>>25885855
Checked.
If you think Sta is gonna moon, get into the wSta/Sta INFINITY POOL
You get all the benefits from the moon, while also getting fees from every single trade along the way with no impermanent loss.
It's simple, yet genius.

>>25885855
There is a pool for just this purpose. It's called the Infinity Pool. It gives you 100% exposure to STA price movements. It consists of regular STA and a "wrapped" version of STA (wSTA). If you think STA is about to moon you can capture all the gains by pooling in Infinity. (And earn some fees for having pooled.)

>>25885855
the wSTA/STA pool is for you then fren. but i am wondering the same thing. what is the benefit of pooling in stanos or infinity pool?

>>25885855
We know it’s going to fucking moon. It’s inevitable. Once you know you really can’t un-know, it just clicks. It really depends on the individual and what they want though. Do they want to risk it all on STA? If so, Infinity Pool is best because it is literally like holding STA but better. Like I said, we know it will blast off, but we don’t know when. Could be a while. You could enjoy the green candles of everything else in the meantime. You can also just unpool when STA starts pumping really hard. Nothing is locked, you are free to add and remove liquidity whenever. Also, Phoenix had 1000% at one point last peak, think about it for a minute. Wouldn’t you want to be in such a pool? It’s all subjective. All up to you. No third parties. Just pure tokenomics. Statera is exactly what DeFi stands for.

>>25886148
Based as fuck.
Tl;dr
If you're just holding Statera in your wallet and not in any pools, YOU'RE DOING IT WRONG.

>>25885044
Possible exploit in the balancer again is the only thing I can think of. Maybe some kind of code exploit, but overall so far so good.

>>25886148
extremely based

>>25886148
>pure tokenomics

>>25886267
I have 18k in a wallet, tell me what to do with it

>>25886756
18k Sta?
If you're here for the long term (and why the hell wouldn't you be) then:
pool it into Infinity Pool if you think the price of Sta is gonna go up long term, or:
Pool it into STANOS or Phoenix if you wanna diversify a bit and mitigate your risk
Just simply holding Statera for the long term in a wallet does nothing to help the ecosystem, and nothing to help yourself.

>>25886756
pool in the infinity pool on uniswap. wSTA/STA. easiest money you'll ever make.

>>25887097
>>25887085
Thanks anons, infinity pool it is

Quick note on the Infinity Pool - at the moment it is by far the most heavily subscribed pool, meaning that as fees are distributed evenly to the holders of the pool unless you are pooling with a very large amount you may not see significant gains.

But as mentioned above, you are less exposed to IL. However as all of the tokens in Stanos are performing very well at the moment, that may be a better pool for the mid term in both asset value gain and fees - AND you still have 50% exposure to STA for the moon mission.

>>25887269
This is very true. Take note, people. It might be better to pool in stanos and then unpool should sta start pumping very rapidly

I am about to go full Trump supporter on balancer if they dont remove the message.

>>25887664
Kek just build up your position in both and let it ride.

>>25888098
Yeah, I'm 30% Stanos, 70% Infinity. Thinking of divesting some more from Infinity into High-Risk.

Each of anons reading this thread, better pool a part of their stack in Infitinity or Stanos pools based on their risk aversion to profit themselves and also help the ecosystem. The best outcome happens for all of the staterians if all of them collaborate together.

>>25888160
Whats high-risk?

>>25888620
High-Risk Fund

This portfolio is made up of some of the most exciting projects in the DeFi space. It is weighted: wSTA (50%), wETH (11.88%), YFI (11.88%), UNI (11.88%), AAVE (11.88%) & FRY (2.5%).

>>25888620
"This portfolio is made up of some of the most exciting projects in the DeFi space. It is weighted: wSTA (50%), wETH (11.88%), YFI (11.88%), UNI (11.88%), AAVE (11.88%) & FRY (2.5%)."

>>25888678
>>25888681
Link to pool?

>>25888778
https://pools.balancer.exchange/#/pool/0xe6cb1c3a212001d02706ef93ea0a87b35b36d016/

>>25888778
Links to all pools on the official website:
https://www.stateratoken.com

>>25889040
Not all pools. Website update with all pools arriving shortly.

>>25889256
I stand corrected.

>>25888969
Jesus the top holder has like 99% of the liquidity.

>>25889852
Not sure what the Anon has linked to. This is the Stanos Balancer pool:
https://pools.balancer.exchange/#/pool/0x55353cbadda8fd525f0e6f307b3527d518416700/shares
Circa $335k liquidity.

>>25890040
Yes I know, I'm a top-10 liq provider in stanos pool. He linked a high-risk pool with less bluechips. Interesting concept but one fucking guy providing over 100k liquidity, almost 99% is insane.

>>25890040
Sorry, I misunderstood. I think he's linked to the high risk pool. My bad.

>>25890106
That is scott.
The developer that made wsta.

>>25890106
well he made the pool and very few have joined it so far. Anyway this isn't a token distribution. Its nice that there actually are other pools instead of us talking what the project will be like when there's other pools.

>>25889852
The top holder is basically statera development team. (Scott).
Like most liquidity pools. I'm happy the team is earning fees, hopefully one day they remove some to spend on marketing.

>>25890782
Aha. That makes sense.

Bump.

I'm in, thanks for the help /biz/.

>>25890106
How much does one need to be top 10?

>>25893494
cheers fren. enjoy your gains.

>>25893507
Not as much as you'd think. I only have like 9k worth in there

>>25893507
$7200ish

>>25893584
>>25893653
Okay I might go and take a dip.