/biz/ - Business & Finance

>still talking about this dead 2020 shitcoin

>>52531332
its too hardcore to die. The team deploying the token is hardcore, hardcore so no rugpulls, no marketing, no shilling, even on /biz/, sub 500k cap, no one even knows this coin isn't dead

I lost 100 bucks on this.

Wtf, you're stupid af! Try Bspin. it is easy even for u.
>Online Casino with Bitcoin main currency
>Players deposit, play and withdraw Bitcoin without any additional conversion
>Many different deposit methods

>>52531332
Anon it's not that easy to get divorced from shitcoin bags for some

>>52531332
Statera will not die.
>Immutable
>Decentralized
>No VCs
>No team allocation
>No token unlocks
>Community Governed

>>52531194
I swapped most of my STA for HOGE, seeing HOGE was like "statera for reddit" - same idea of a burn but with a dog logo instead of swirlies and needing to google to understand the "balance" meaning.
Track HOGE and other tax-on-transfer tokens to see the potential of this kind of token.
>>52531382
The "infinity pool" only works if there actually is volume, very low bot transfers simply don't earn you enough liquidity to make sense.

Sta had some of the best memes I've seen thuogh.

>>52532296
infinity pool worked well on fantom with quick, low cost, fees. we’re just lacking volume but that’s going to change like OP stated. memes are top tier kek

>>52532296
All of Statera's problems result from the Balancer exploit. Thankfully, it's a community project so there are always people putting in effort to grow the project. It's been slow but progress has been made. It has the potential to pump like SHIB.

>>52531194
>question

It was just a bad situation. Had the team not made crypto history with the Statera refund, chances are good it would be remembered as just a 2020 rugpull. The only reason Statera ALWAYS looks like it's hanging on for dear life is the exploit happened during the hype cycle, and crash after crash occurred after. Events outside their control. The token's still good for what it's good for, and the team's better than ever from what I've seen.

>>52532610
>>52532523
>>52532435
>>52532296
>>52531570
>>52531382
cope

>>52532610
>chances are good it would be remembered as just a 2020 rugpull.
I guess you are right. It slowed things down but also might've prevented the death of the project.
>>52532638
>Rent free

>>52532738
imagine still holding scamtera LOL

>>52532859

>>52532901
do (you) see this you retard? this is why /biz/lets stay poor
>All-Time High $0.466452 -99.2%

>>52532738
it's a meme. the economic experiment it tries to do is only relevant if it was adopted at a massive scale. cheaper blockchains like >>52532435 mentions are a start but statera is not going to become anything meaningful.
>>52532638
I already solded most of mine.
>>52532859
I'm down so much on what's remaining I don't see a reason to sell. if you guys moon my bags though I will sell at $5

>>52533032

>>52533217
>the economic experiment it tries to do is only relevant if it was adopted at a massive scale.
That's what the community is trying to achieve. Before Fantom collapse, Dante Symphony was earning as much swap fees as pools that had 5x more liquidity.

>>52533294
kek you could have bought a coin called TROON and still be better off today than with scamtera
staterahatechads cant stop winning take the L already

Please give me a reason to buy, honestly

>>52533553
>This random coin pumped a lot
>That means your token is scam
/biz/ logic.
>>52533599
Checked.
>Please give me a reason to buy
It's market cap is really low but has great potential as explained here. -> >>52533375
It got hit with several unfortunate events but managed to survive thanks to community. First, Balancer Exploit. After victims of the exploit got their refunds and wSTA was created to be safely injected into the Index Pools, Ethereum's high gas fees prevented arbitrage. For that reason, Fantom integration came which actually showed Statera's potential but then Fantom Ecosystem suffered unfortunate events. If there is no curse on Statera, we won't see things like this anymore and it will easily 100x or maybe 1000x.

all the "the number went up" and "it crashed" usually fail to account for liquidity (sometimes intenionally). MCAP increases, someone redeems, now everyone suffers. low liquidity tokens need high volume to slurp the dip.
STA whales ITT, are you interested in a Group LP campaign? You commit your tokens to a smart contract, users fund with ETH until enough is raised to match your STA commitment and LP is minted to the contract. All contributers get LP proportional to their contributions. Anyone can withdraw but if someone withdraws before the lockup time you specified, they take a 20% haircut which is distributed to other holders.

>>52534058
What is this even gonna achieve?

>>52534640
increases liquidity which many users see as a healthy sign for a project. If you're loaded on STA, putting them up and letting randoms match with ETH lets you effectively sell half your STA for their ETH, you pull your LP after the lock (or earlier if you're in profit).
The first small one we did for HOGE reached #11 on the LP holders for the token, which shows how little liquidity is actually provided for these tokens.

>>52534058
u should propose that in le tg.

>>52537726
Ok, I'll look it up. Thanks.

>>52537726
I'll wait until our second GroupLP campaign finishes to have more credibility when I post. I put on my calendar to post in the TG next weekend. Thanks for the tip.
Is there any team marketing for STA planned? Coingecko says $5 in volume.

This is a pajeet shilling thread thinly disguised as a question

>>52531194
I bought this token like 15 minutes after the contract was deployed and sold it an hour later for a quick 5x. then I unplugged and went out of town for a week. when I got back it had damn near pulled a 1000x. one of my biggest regrets from last cycle because this happened when ETH was about $100 and that win would have set me up right for the bull run.

>>52531570
>>52531194
STA was a nice 150x or possibly a 4x150 pump considering the 4 times it epically fucked up. The pajeet marketer admin on telegram was hilarious and the white nigerian guy that looks like Brendan Fraser was even funnier. Same for the woman marketer. STA was epic for memes and being a dumpster fire just like ESH/GHOST, but the winner was clear; YFI and Soramitsu, even shitcoins like EthOS/BUIDL, PUMP(which rugpulled) and even BONK were better than STA. STA was only good to abuse the 3 epic fails and the 4th massive dump. STA did what YFI did but way worse. There was also a token once that did what STA wanted to do with the index fund and a million times better, its price was pegged to the entirety of DeFi's marketcap, way better than Ampleforth imo.
Honestly you should invest in Aavegotchis at this point, google them up. They'll love your undying loyalty and memes, even if your marketing sucks.

Also how many STA tokens are left now after 2 years?

CG says 78,882,822. $300k mcap.

>>52538052
sounds good anon
>>52540149
>>52539756
according to the website there’s
78,249,850 remaining tokens out of 101,000,000. CG doesn’t account for FTM burn at the moment. More volume and liquidity = more arbs, fees paid out to LPers and token deflation causing scarcity

The scam that won’t die

>>52540434
I love how Statera goes with everything.

>>52540394
It's burn mechanic and arbitrage is really primitive and redundant compared to what YFI was doing.
A better burn mechanic would be something that requires human intervention and semi-randomly murders the supply, like not solving several captchas a week and not trading the token(to force volume) will kill 1% of your tokens every week to force holders to stop holding without being active.

Post more Statera memes, they're great, especially the video ones.

who remembers that literal tranny that used to moderate the telegram? Someone must have some screenshots

>>52541798
Oh yeah it was a pajeet and a tranny, man this project was a dumpster fire spinning around.

>>52531194
I think it is a solid project and has a big upside.

What is the latest with Statera

>>52538052
>I'll wait until our second GroupLP campaign finishes to have more credibility when I post.
I'm curious to see how this plays out.
>Is there any team marketing for STA planned?
I think there is a group to discuss marketing.
>>52538184
It's always the coins we sell that pump the hardest.
>>52542799
>He knows.
>>52543574
>wSTA (a non- deflationary token minted by wrapping STA) is created in order to take advantage of Index Pools.
>STA and wSTA are live on Fantom.
>Treasury is now controlled by a multisig wallet. The signers of this multisig wallet were chosen by the community.
>Developing strategies to grow the treasury during different market conditions using Uniswap's Concentrated Liquidity Pools.