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/biz/ - Business & Finance


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19569075 No.19569075 [Reply] [Original]

>What does STA do?
Deflationary Index Fund Token™
>Money --> STA --> Thanos burns STA --> Thanos balances Index Fund pool via arbitrage --> STA appreciates

>Won't whales fuck us?
>Money --> STA --> Thanos burns STA --> Niggerfaggot kike whales dump on us trying to swing/FUD/whatever --> Thanos BURNS MORE FUCKING STA --> STA APPRECIATES
Some kikes and pajeets here will FUD and dump no matter what. Thanos will humble them, IF there's buy pressure.

>Where can I buy?
Use THIS link to buy STA, none other. Look for "3DeED1" in the link. Check for yourself here: https://stateratoken.com/ --> "Trade"
https://uniswap.exchange/swap?outputCurrency=0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Where do I see the price?
Real time data: Just set the input to a stable coin of your choice like DAI or USDC
https://uniswap.exchange/swap?outputCurrency=0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Muh graphs, muh liquidity statistics
https://uniswap.info/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Coingecko is slow, but it's here for you TA diviners
https://www.coingecko.com/en/coins/statera

>Where do I put my liquidity?
Please migrate from Uniswap V1 --> Uniswap V2 pool:
https://uniswap.exchange/add/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1-0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2

Balancer pool:
https://noproxy.pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682

>Watch STA-ETH pair destroy other Uniswap pairs
https://uniswap.info/home

>Scott's nerdy ass tryin to educate everybody
https://medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d

>For all you Github FUDing faggots
https://github.com/StateraProject

>TG Channels
Statera
Statera Price Talk (Unofficial)
Statera Announcement

>What do we do when we hit [insert amazing price milestone here]
Once we hit $1, don't dump your bags like retards, slowly shave off a percent or two once a week, and enjoy the accumulation upwards while reaping benefits along the way.

>> No.19569087
File: 190 KB, 1868x1602, 748392019.jpg [View same] [iqdb] [saucenao] [google]
19569087

So what's the pool? Benefits of adding to it?

Example:
In the beginning, all of the 5 tokens were worth $1000, so the pool size was $5000.

Now, say all other 4 tokens remained at their old value ($1000 / token), but STA did a x10, so STA value in pool is now worth $10,000.

That's much more than 20% of the pool, so the balancer must balance it out.
Note that now the pool size is $10,000 (STA) + $4000 (other 4 tokens) = $14,000.

So, to balance it out, each token should now have value of $14,000 / 5 = $2800.

To reach this goal, the balancer must sell the excess STA, and that would be $10,000 (current worth of STA) - $2800 (the new target worth of STA) = $7200.

The balancer sells the excess on various exchanges to which it has a trading bot interface to. Currently, it's only Uniswap.
Note that by selling, it performs transactions, and thus burns tokens, so the supply also decreases!

So, now that the balancer has sold the excess STA, it obtained $7200 dollars (say, in DAI coins).

Now, to balance out the other 4 tokens, it must buy $7200 / 4 = $1800 worth of each token.

So, it buys $1800 worth of ETH, $1800 worth of LINK, etc.

In the end, it's all balanced at 20% for each token - all 5 tokens are now worth $2800 dollars each!
And the total pool size remained at $14,000 dollars - so no value was lost!
Plus, you also get the trading fees, which are added to the pool!
On top of that, Balancer is now issuing BAL tokens for all liquidity providers!
You can check what it is all about here:
https://defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/

That's the magic of the balance pools.

>> No.19569091

So so fucking glad I held and accumulated at the bottom. Won’t lie was tempted to sell from all the FUD. Glad I trusted my gut.

>> No.19569121

Making some real comfy gains off that 2.7 cent dip bros, shoutouts to the FUDders!

>> No.19569139

>>19569121
Did you fucking lucky bastard grab some at 2.7c? How many you got?

>> No.19569143
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19569143

>>19569091
Don't worry, you weren't alone yesterday. My hands were literally shaking, in every meaning of the word. I decided to cool my head a little, then went to sleep. I hope that we can only go up from there.
Not planning on selling any time soon. Especially for something as revolutionary as an index fund for crypto.

>> No.19569144

>>19569075
the thanos thing is a meme.
that said i’m still holding. wish i would’ve bought this dip instead of a couple days ago, but oh well. low risk high reward for me. id recommend not obsessing over pajeets screaming on /biz/, the fud will make you panic. just check the price once a day and don’t stress

>> No.19569165

>>19569143
Me either. If we can hold through that shite yesterday we can hold through the next attempts too.

>> No.19569170

Got another 10k at the dip, been waiting long for this, thx to everyone who fudded and sold

/comfy

>> No.19569171

>>19569121
Oh and, i bought 3500 USD worth at 4c i guess its not that bad either.

>> No.19569172

>>19569144
I know what you mean I bought in a 7c if I had just been a little more patient haha. Still happy to hold for quite some time I really like this project.

>> No.19569175

$1 EOW

>> No.19569179

>>19569075
I was a top 10 wallet and I sold statera at 13 cents.

Now i buy flama.

I suggest you do the same.

>> No.19569188

Where's the best place to view the charts?

I am in the pool but only a small %. Should I be aiming for a certain percent of the pool? Also do I need to add BAL contract addr to metamask to see my BAL tokens that I should be getting, or it that held somewhere else?

>> No.19569189

>>19569179
bye felicia

>> No.19569191

>>19569188
uniswap.vision for charts

>> No.19569193

The only way is up! 0,09 eod, 0,20 eow, ,75 eoy

>> No.19569201

Bought another 10 eth at 3.5c. Thanks dickheads

>> No.19569203
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19569203

>>19569144
>the thanos thing is a meme
Not really. I suspect the reason people have lost trust in the bot is because they assumed that the price kept going back up after dumps thanks to him rather than realizing the burning tokens played a minor part in the upwardly trend of the price. New people coming in were pumping up the value, but Thanos helped the price to go back up a little still (like when we went from 0.026 to 0.052,it managed to bring it back to 0.012, etc.). Hence why I slightly changed the OP
>Thanos will humble them, IF there's buy pressure.
I wanted to say more, but the character limit prevented me. I hope that non English speakers can share the word and increase the amount of buyers, but be sure to be honest with them regarding Thanos' capabilities. Otherwise, they will panic sell like the others who naively thought that a token would be foolproof, but it's partly our fault since it was advertised as such.

>> No.19569209

>>19569188
20% is ideal but it's up to you. If you can't do it, don't worry about it. Any bit you can contribute helps.
Yes to latter.
Uniswap.vision is now out.

Fuck I was asleep and missed the bargain sale.

>> No.19569229

>>19569201
Enjoy the gains anon

>> No.19569237
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19569237

how is this called?

>> No.19569251

>>19569237
healthy

>> No.19569256

I wanna call Chris when we are at 0,50

>> No.19569277

>>19569251
v-shaped recovery

>> No.19569304

>>19569189
my name is tony

>> No.19569347

>>19569189
No way, im not redeeming a ferrari for a kia

>> No.19569358

Stocked up in the dip. People will realise they've moved to scam coins and fomo back into STA after getting their fingers burned elsewhere when they realise it was a legit project all along.

>> No.19569372

>>19569358
yeah, but that will be a them problem. Also can't wait for those threads.

>> No.19569589
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19569589

Lot less activity. It will take a lot of good announcements to get that momentum back and get rid of the incompetence aura surrounding Scott and Abu regarding everything tied to the creation of Statera. But who can blame doubtful people?

See this thread : >>19569345

>> No.19569617

Lost 5,000 dollars on this.

I will find you shills, and I will make you pay.

>> No.19569653

>>19569617
"Lost 5,000 dollars on this" - now was not the time to sell anon. Another pump incoming in the coming 1-2 weeks.

>> No.19569667

https://medium.com/@stateraproject/clearing-the-doubts-about-statera-project-33463edb365b

>> No.19569799

I’m not a “crypto guy” i just dabble and i herd about STS and got in. I was on my way to sleep when Ben jumped in the chat asking questions about what happened with the initial version and why no 1:1 swap etc... i can agree that some of the group members were not happy about Ben and his comments and may have been a little rough to him initially but i believe some of that was rightfully so. Abu however Was not that way , I thought he was respectful and went out of his way to let dude know that he would be transparent ... i woke up and read the whole exchange and even Scott’s response and I think both Scott’s and Abu handled it well and did the best they could to outline the series of events and why everything happened the way it did. I thought Abu was fair in his criticism of Ben initially bc he was basically saying he was disappointed that he didn’t come to him first and ask those questions before bringing it up to his telegram group . The way he did that led to a ton of people calling the coin a scam which may have had a negative impact and honestly i can feel what Abu was saying there bc if i were him I would feel the same way.. I’m not sure if Ben stayed on to get the entire response but I honestly don’t care.... i think the admins did more than they had to to try and be transparent and even engaging in that convo out in the open in the group showed a level of transparency I personally have not seen in any crypto project i have been apart of. It’s my understanding the developer reached back out to Ben personally to apologize if he offended him by anything he said. I hope Ben can accept that and that apology can be the start of more convos bc Ben does have a reputation in the space and I hope he can see that these developers are legit and handled the situation the best way they couldd

>> No.19569950
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19569950

I'm sorry anons. Nobody is posting anything other than baseless FUD or delusional messages telling people to hold when 5cents became the new top. I'll leave. I genuinely believed in Statera but /biz/ and pajeets fudders killed this thing even before it could properly recover in my eyes. I hope that the next one will be made by people able to use communication to their advantage. I had fun. But now I must secure my profits before it's too late. See you around... For the next moon mission.

>> No.19570198

>>19569617
You didnt lose anything. You just bought the top and wanted to double in 1 day you lazy piece of shit. I bet you didnt even do research before you bought. You deserved this. Get out, sell at a loss, get the fuck out. We dont want you to become rich faggot

>> No.19570771

Slowly climbing bros