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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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21427255 No.21427255 [Reply] [Original]

>buying or selling burns tokens
Whats happens when STA is listed at most exchanges?

>> No.21427563

https://www.youtube.com/watch?v=en1uwIzI3SE

>> No.21427832

>>21427255
get kingpilled

>> No.21427864

>>21427255
Bump want to know too

>> No.21427957

Supply tanks, price goes up, mcap explodes

>> No.21428349

>>21427255
What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

In short, Statera:

1. Increases positive price pressure and decreases volatility - caused by the deflation
2. Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage
3. Deflation can be put into any index fund (Balancer pool) or other financial instrument
4. Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable
5. Diversification - You can hold many assets in the ecosystem
6. Passive income- make money while you hold your crypto (over 30% APY)

TL:DR

In simple terms the Burn function of STA is designed to create volume. In a way Statera discovered "Volume Farming".

>> No.21428434
File: 99 KB, 1024x576, 1597394555320.jpg [View same] [iqdb] [saucenao] [google]
21428434

Poopoo peepee

>> No.21428707

>>21427255
How does fucking hookers on your own private beach for the rest of your life sound?

>> No.21428863

>>21428707
Pretty awful tbqh. I think becoming rich will leave my life devoid of meaning

>> No.21428935
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21428935

>> No.21428937

>>21428349
Hmm how bout I just buy btc eth link and leave this gimmick scam coin out of the equation

>> No.21428966

STA went off like a lightbulb in my head

>> No.21428973

>>21428937
>he doesn't know

>> No.21428999

>>21428937
>didn't read the post
Just read the post...

>> No.21429033

>>21428966
If you know, you know
Also checked

>> No.21429145

>>21428973
>>21428999
>It makes sense to attach a faggot gimmick to buying Link btc eth
No....no it doesn’t.

>> No.21429154

>>21428863
How does buying 10 million Ipads for starving Africans living in mud huts sound?

>> No.21429193
File: 2.48 MB, 322x178, laff.gif [View same] [iqdb] [saucenao] [google]
21429193

>>21428937
>he doesn't know

>> No.21429198

>>21429145
Lol, how did an NPC like you wind up here?

>> No.21429199

>>21429145
announcing to the entire board you have no idea how defi, index funds and yield farming work

>> No.21429256

>>21429145
Idiots like you called link a scam for the past 2 years. You called me an idiot for buying at 20 cents because you have no vision. You are a normie and your lack of awareness on here makes it very clear. Feel free to not buy STA and we will see you in 3 years when you ask "what is the next STA anons?"

>> No.21429277

>>21429199
They do it with stable coins you fucking dipshit. You’re trying to do it with volatile coins that you’re paying constant fees to adjust. And you think it’s a win because you’re getting back a rebate on fees eating into your basis. And we haven’t even discussed the impermanent loss yet. But yea I’m the one that doesn’t get it. Lmao. Kys, seriously.

>> No.21429351

>>21429277
You've literally just said that you have no idea how Statera works. Literally no idea. Every single thing you mentioned here is covered in the whitepaper. Stay mad friend.

>> No.21429520
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21429520

>>21429277
You are a fucking retard LMAO

>> No.21429681
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21429681

Ok boys, it's been a good few weeks of shilling with my little 25k stack.
But I'm too addicted to checking this shit now, and I've gotta stop.
Keep up the good fight, and godspeed anons.
I'll see you on the other side when we make it.

>> No.21429682
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21429682

>>21429277

>> No.21429719

>>21429154
They can eat the iPads

>> No.21429822
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21429822

>>21429681
STAy safe out there, reporting in with baby's first 500 stack. We will keep watch during your leave.

>> No.21429969

>>21429822
Only at 250 here but also reporting in.

>> No.21430036

>>21427255
>>21427864
>>21427957
you dont have to worry cause it will never happen, the volume and price will just dump slowly to 0

>> No.21430039

>>21429681
Same thing we did for link for 2 years. Just stop looking except every 3 months.

>> No.21430041

>>21429822
Lmao this is the best edit

>> No.21430148

>>21427255
nothing happens because the trading is done off chain

>> No.21430179
File: 169 KB, 1067x1040, In the rocketship over biz.jpg [View same] [iqdb] [saucenao] [google]
21430179

Anybody got some new Statera memes? I'm trying to grab some good ones.

>> No.21430184

>>21429277
...I spoonfed you the pasta. Youtube spoonfed you the videos. How has this not clicked for you?

Why does finance 1.0 have hedge funds?
Why do they invest in blue chips?
What is a blue chip crypto?
What can finance 2.0 bring to the table that makes it better than finance 1.0?
Why is a 36% APY good?
Why is deflation so useful in an index fund?
Why is decentralization so important in an index balancing token?
What is the risk/benefit in STA at such a low mcap?

>> No.21430221

>>21430179
this is phenomenal

>> No.21430235

>>21430179
I love this

>> No.21430326
File: 197 KB, 667x900, EVj2LbhWAAEmXZP.jpg [View same] [iqdb] [saucenao] [google]
21430326

PNK, HOLO(HOT), ALD, VXV, STA, BZRX, NOIA, FXC, FTM, and RSR

>> No.21430744

>>21430184
as if you weren't blunt enough

>> No.21430836

Anons, I have STA and I would never try to trick you. I'm a huwhite male Vishu I swear

>> No.21430953
File: 427 KB, 1280x1024, MOON.jpg [View same] [iqdb] [saucenao] [google]
21430953

>>21430179

>> No.21431368

>>21427255
What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

In short, Statera:

1. Increases positive price pressure and decreases volatility - caused by the deflation
2. Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage
3. Deflation can be put into any index fund (Balancer pool) or other financial instrument
4. Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable
5. Diversification - You can hold many assets in the ecosystem
6. Passive income- make money while you hold your crypto (over 30% APY)

TL:DR

In simple terms the Burn function of STA is designed to create volume. In a way Statera discovered "Volume Farming".

>> No.21431595

Seen so much shilling for this all week and yet it is performing so poorly

>> No.21431730

>>21431595
Weird, isn't it? I've just been watching and waiting to see the effect of the refund. These threads have good memes and get so much attention but price movement doesn't reflect it at all

>> No.21431944

>>21431595
>>21431730
>173.46% this past week
>1532% this past month
> 15088.44% since the start 3 months ago

>> No.21431969
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21431969

>>21431944
>1944
>green ID
bros?

>> No.21432013
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21432013

>>21430179

>> No.21432054
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21432054

>sustainable long term growth

>> No.21432096

is there a statera 'cube' yet

>> No.21432108

Wow someone just dropped 51eth on STA

>> No.21432575

STA is the first coin I've bought after being fucked over by 2017 ICO shitcoins.

>> No.21432711

>>21432108
Link?

>> No.21433237
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21433237

>>21430953
>>21432013
>>21432054
I like what I see boys, now we're getting somewhere.

>> No.21433368 [DELETED] 

>>21431944
>>21430184
Frankly I'm getting a bit tired of throwing swine to pearls. Me and my STArboys are going to be filthy rich in a couple of years and that's all it matters to me. These weak fudders can get fucked if they're not willing to do their own research.

>> No.21433404

Frankly I'm getting a bit tired of throwing pearls to swine. Me and my STArboys are going to be filthy rich in a couple of years and that's all it matters to me. These weak fudders can get fucked if they're not willing to do their own research.

>> No.21433405

>>21427255
We are blessed, check 'em
>>21433333

>> No.21433456

I'm new and learning. What's the best and simplest exchange to buy STA?

>> No.21433479

>>21433456
"Statera getting started" on yt