/STA/ Statera General: FUD Worked Now Fill You Bags Edition

[Anonymous No.21599173]

>I DON'T UNDERSTAND WHAT IT DOES, EDUCATE ME ANON! 1/2

Starting off with basics: market cap = supply x price

As an example for 5,000 supply at $2: $10,000 = 5,000 * $2

Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:

1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply to 4,500

2- Ignore the demand/price force for STA’s utility (for now)

Since we are ignoring demand, the market cap will remain the same. This burn will therefore cause price to increase:

10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.

This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.

[Anonymous No.21599199]

>>21599173
Statera is an AFRICAN PROJECT
The team is mainly AFRICAN
You are buying a literal NIGGERCOIN.

[Anonymous No.21599215]

>I DON'T UNDERSTAND WHAT IT DOES, EDUCATE ME ANON! 2/2

Now we can talk about STA’s utility: why would people demand STA? What does it do?

Balancer gives a return of 1% of total transactions volume that happened from all the rebalancing. Remember, rebalancing does not only happen from STA’s ripple effect mentioned above, but it also happens when the other 4 coins move in price (which by the way means more STA is burnt). That 1% on volume does NOT mean you get 1% on what you are pooling. It means the following:

Example: if you are pooling $10,000 and there is a total of $100,000 being pooled, with a 24h rebalancing volume of $50,000, then you will receive = ($50,000 x 1%) x ($10,000 / $100,000) = $50. Your daily rate of return is therefore $50 / $10,000 = 0.005, which means an annual rate of return of 0.005 * 365 = 183%. People called Phoenix’s return as scam because they are high, but they are not a scam but actually STA’s genius.

A lot would be very happy with such return, making them want to pool. You would think that as the pool gets bigger, your portion of the reward gets smaller but remember that when people pool, STA is being transacted and burnt, causing the rebalancing volume to rise and therefore increasing the 1% total reward as well.

Now add to the above all the demand action from wanting to buy and hold or buy and trade.

[Anonymous No.21599254]

Someone post the ranks based on holdings my lovely anons

[Anonymous No.21599333]

>>21599215
>>21599254
Post THE TEAM you STUPID FUCKING IDIOT.
Show WHERE THEY COME FROM. It is AFRICA.

[Anonymous No.21599372]

Thank you based ANON, good write up and it’ll help normies learn what they’re missing out on, STA is truly the king of defi. Grossly underrated and it deserves to be put in the public eye. Many people missing out on great gains.

[Anonymous No.21599455]

>>21599199
You will be the nigger when we are winning and standing in the hall of fame.

[Anonymous No.21599471]

You say the price is supposed to keep increasing, yet the price keeps decreasing instead.

Don't listen to this idiot, he is so invested into this that he needs people to buy it and drive up the price so he can sell it and get the fuck out of it.

This is just a scam coin with no purpose.

[Anonymous No.21599498]

>>21599333
>>21599199
How does it feel knowing that an African team is x100000 richer than you, my poor fag anon?

[Anonymous No.21599503]

STA is a great idea , but until the returns happen.,people won't trust it.

[Anonymous No.21599597]

This thread is like a mutiny on a sailing ship

[Anonymous No.21599637]

>>21599471
Anon I think you need to invest in a mouse that has the centre piece (also called a scroll wheel). Once you buy it, take your middle finger out of your ass and use it to zoom out of the chart.

Make sure to sanitise your hands during that process.

[Anonymous No.21599674]

>Buy a shitcoin at ATH.
>Realize you made a huge mistake.
>Advertise shitcoin to others so they buy it and drive the price up.
>Sell the shitcoin and get out.
>Now the shitcoin is someone elses problem.

[Anonymous No.21599731]

>>21599333

You realize even if this were true, it doesn't matter? The project is done and is immutable, devs can do nothing to it now.

[Anonymous No.21599848]

>>21599674
>>21599731
>>21599333
>Don't worry about a thing
>Cause every little thing gonna be alright
>Singing' don't worry about a thing
>Cause every little thing gonna be alright

[Anonymous No.21599957]

>>21599199

[Anonymous No.21599978]

>>21599199
THIS. Statera is worse than a pajeet scam. Its a literal nigger scam. Get out while you can. Thank Christ I got out on time with decent gains. Anyone buying at this point is going to get absolutely fucked.

[Anonymous No.21600402]

>>21599978
>made by an actual white man

You stupid, stupid, stupid, stupid bastard.

[Anonymous No.21600523]

>>21599978
Why did you buy it in the first place then, if you're saying scam coz black? You thought the team woke up one day and their skin turned from white to black so you had to sell?

Let me guess:
1) You missed the train
2) You are trying to buy in cheaper
3) You bought the ATH and sold ATL
4) All of the above

Which one is it anon?

[Anonymous No.21600745]

>>21599199
>>21599333
>>21599471
>>21599674


degenerate nigger detected.

[Anonymous No.21600801]

>>21599978

[Anonymous No.21600844]

>>21599199
>>21599333

>>21600801

[Anonymous No.21600916]

>>21599254
This?
>tfw still not 100k

[Anonymous No.21600927]

>>21599503
oh shit this is good fud
https://medium.com/@stateraproject/earn-over-900-returns-on-your-ethereum-with-statera-delta-dfbcc7636627

[Anonymous No.21601049]

>>21600916
That's the one, thanks anon. Get 100k and retire 2025 sir.

[Anonymous No.21601171]

>>21599199
>>21599333
>>21599978
Why are you so angry about your tiny Oko, pale man of few riches?

[Anonymous No.21601246]

>>21601171
Seethe, WE GONNA BE KANGZ!

[Anonymous No.21601330]

>>21601049
Lmao like I can afford it
I can't even round up my 4750 sta to 5000

[Anonymous No.21601365]

Suicide STAcker here with 15k. Thinking about becoming a STAggot. Someone hopium me in.

[Anonymous No.21601435]

>>21601365
look at how much coordinated fud there is
where there are organized attacks, there are strong 'enemies'

[Anonymous No.21601566]

>>21601330
You are one of us nonetheless anon

>>21601365
Not sure if you were here when LINK was 25-30 cents, but the FUD and number of threads back then were exactly the same as STA's now. Look where LINK is now.

[Anonymous No.21601756]

>>21601435
ironically, the added fud is burning the supply than it previously would have
even the we are seeing acute dips from weak handed s () ys, those are creating beneficial long term effects such as driving supply down which will inherently drive price up
pretty funny, these type of people are never good for thinking beyond the current moment, their skill is limited to emotions

[Anonymous No.21601804]

>>21599173
rollan for suicide bags

[Anonymous No.21601805]

>>21601435
I'm serious, you'll see what you want to see though!~ b-baka

[Anonymous No.21601812]

>>21601756
*burning the supply faster

[Anonymous No.21601899]

>>21601566
This was enough for me I'm going all-in next week senpai. You're right and I slept on Link like a retard and only ended up with 1k. I won't be fucked again. ty fren we gonna' make it

[Anonymous No.21601938]

>>21601805
no worries, you asked for some hopium I was pointing out it must be good if they have to organize so much fud against it

[Anonymous No.21601973]

So glad this coin is finally dying and anons are getting out.

[Anonymous No.21601989]

>>21601938
I feel that, understood anon. All things with reason! We gonna' make it

[Anonymous No.21602058]

>>21601973

>>21599215

[Anonymous No.21602117]

>>21599173
This is the most coordinated FUD attack in a while on biz, they must really want cheap STA.

Still voting Trump!

[Anonymous No.21602188]

>>21599199
Take meds...

[Anonymous No.21602248]

>>21599173
Thanks for the erection and inSTAnt STAtisfaction I was looking for today. STArchangel here and I'm in for the long haul

[Anonymous No.21602292]

>>21601330
How does 200k$ 2021 sound?

[Anonymous No.21602319]

>>21599173
Burn on trade constantly locks up coins as people are reluctant to sell so liquidity drops and price goes with it.

This is exactly what happened with BOMB.

[Anonymous No.21602416]

>>21602058
Fuck off. Pooling has nothing to do with STA. Anyone can pool any coin on Uniswap or Balancer. In fact, STA should be the last thing to pool with these continuous PnDs and the low volume and huge Uniswap transaction fees.

[Anonymous No.21602671]

>>21602416
No faggot you fuck off.
>spends time making arguments for something you apparently don't even care about
>either a faggot or a retard
>pick one

[Anonymous No.21602742]

>>21602416

>>21599173
>>21599215

[Anonymous No.21602914]

>>21599173
NEVER SELLING MY staCK $1000 EOM LETS FUCKING GOOOOOOOOO
https://www.youtube.com/watch?v=MIyBFNjc1kY
ITS MONKE SZN

[Anonymous No.21603332]

>>21600844
WTF? I LOVE AFRICANS AND TRANNIES NOW!

[Anonymous No.21603402]

don't buy this literal scam guys, all this token does is dump because the devs are anonymous and do shit to fuck with it. i lost 90% of my investment. fuck.

[Anonymous No.21603422]

>>21599173
>What it does is burn and get speculated on
That means it does nothing

[Anonymous No.21603439]

>>21602319
Interesting theory

[Anonymous No.21603543]

>>21603402
At what price did you buy in to be 90% down? Not even possible

[Anonymous No.21603909]

>>21603439
except for the incentive to gain pool rewards which perpetuates volume, which is the entire point of the project.

[Anonymous No.21604025]

>>21600916
I wanna get to STAustist so bad frens.

[Anonymous No.21604152]

I still don't trust this project, that last dump seemed way too coordinated and makes me think that at the least whales are manipulating the project.