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21620871 No.21620871 [Reply] [Original]

"
As promised, the $STA part of the refund has been successfully completed. We now patiently wait for the Balancer Team to complete theirs.

This is a historic moment as we have just done something that has never been seen in the DeFi space before.

More Updates coming soon!

Transaction Tx:

https://etherscan.io/tx/0xF49AB5954BC91C54439F306AB7C34007524D3D9C0C8AE3B18A4AEE95D42F8C07

https://etherscan.io/tx/0xD2F0AD325600DFF1BD4301F482C3334E53E983D24A049DB04EC9FB6307800FAC

"

>> No.21620948

IT IS DONE, GET READY LADS

>> No.21620983

OH FUCK ITS HAPPENING

>> No.21621234

It was all real...why did I sell and listen to these fudding assholes...
I will buy more and never sell this time.

>> No.21621355

>>21620871

I've been watching this thing from the sidelines, is now a good time to buy or will the price dip a bit for a better entry point?

>> No.21621368

>>21621355
Dont try time the market noone here has a crystal ball

>> No.21621393

WILL THE PRICE GO UPP NOW?

>> No.21621397

>>21621355
I would maybe wait for a while until the STA refunds are mostly sold by those who are going to do so. Then buy in before Balancer refunds the rest.

>> No.21621426

>>21621393
Expect a small dump from idiots who are abandoning ship and dumping their refunds but most whales are hodling and I expect it to moon in the next few weeks now people see its legit

>> No.21621465

1$ eom

>> No.21621507
File: 81 KB, 830x738, heyheyhey.jpg [View same] [iqdb] [saucenao] [google]
21621507

>>21620871

>> No.21621518

Sir, thank you for the refund Sir. Will now feed my village.

>> No.21621577

>>21621426
This. It will likely dip over the next few days but that's probably your last chance to buy at these prices

>> No.21621636

Refund dip has been priced in. Now we moon Sir.

>> No.21621958

>>21621355
Time in market to succeed on this one anon, not timing the market

>> No.21622180

And rip there we go it’s moving again

>> No.21622181
File: 168 KB, 840x703, 1596480108151.jpg [View same] [iqdb] [saucenao] [google]
21622181

The refund was suppose to dump price! What the hell frens, I don't have 50k stack yet

>> No.21622208

>>21622181
Lmao wait untill balancer refunds 1.5 million in other tokens and the news will reach far. Top 25 exchange after that. 1$ EOM

>> No.21622222

>>21621636
This.

>> No.21622246
File: 274 KB, 600x1080, 1566471195161.png [View same] [iqdb] [saucenao] [google]
21622246

>>21622222
checked

>> No.21622254

>>21622181
It did, you should have been buying the dip friend, even if just for a moment it was 19c

>> No.21622260
File: 452 KB, 600x554, ath.png [View same] [iqdb] [saucenao] [google]
21622260

>>21622222
CHECKED

>> No.21622320

>>21622254
I was expecting a bit more of a dip, I've bought little over 10k more but managed to scrape only 44k bag, my funds from the bank haven't come through yet to buy more, oh well, I'll live

>> No.21622361

>>21622254
It was literally like 10 mins, I was busy masturbating to JAV.

>> No.21622383

>>21622361
Based

>> No.21622409

>>21622361
You should be masturbating to charts instead anon.

>> No.21622446

>>21622222
based quints make me moist.

>> No.21622529

Why'd they give refunds?

And why should i buy some STA

>> No.21622539

extremely based and STAggotpilled

>> No.21622564

>>21622222
Based and checked

>> No.21622572

>>21622529
balancer pool got hacked due to not being able to deal with burn mechanism
fault of the balancer devs since they were warned about it
https://cointelegraph.com/news/defi-protocol-balancer-hacked-through-exploit-it-seemingly-knew-about

>> No.21622573

>>21622222
Fucking checked, to the moon we go.

>> No.21622608

>>21622529
>>21622572
as to why you should buy it:
only actual deflationary token remaining, cool pooling mechanism, check the whitepaper for more info.

>> No.21622642

>>21622608
Thanks fren

>> No.21622664

>>21621355
Dollar cost average fren.

>> No.21622756
File: 2.12 MB, 480x270, 1597567659303.gif [View same] [iqdb] [saucenao] [google]
21622756

>>21622529
>why STA?

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.21622778
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21622778

>>21622529
>>21622756
In 3 months we burned 15%.
If volume doesn't change and we only MAINTAIN our current volume, then (0.85^6) our supply is down to 32 million tokens by EONY...

If we MAINTAIN our rate of steady price growth due to tranasction fees put back into the STA ecosystem without any new buyers beyond uniswap ONLY (not the 4 new exchanges and future exchanges) the mcap by EONY is (1.2^18) of the resistance mcap or 400 million USD by EONY without any other help (DOGE and COMP are 450 mill NOW).

This would put the price of 1 STA token at $12.50 USD WITHOUT accounting for any new exchanges, new integrations, new price vibrations from ETH, LINK, BTC movement/pumps/dumps, and without accounting for the bullrun or BALANCER being listed on coinbase. Now remember that the ripple effects from the above are exponential.

Again, if we freeze market action in place then the price is $12.50 per STA EONY. Do you see how $100 EONY is FUD?

>> No.21622990

>>21622778
It...it can't be this easy? Is anybody here Asian so they can check those numbers?

>> No.21623065

>>21622320
the balls you guys have with these stacks. I am nervous as fuck this will just disappear to zero and I didn't even commit more than a 2.5k stack.

>> No.21623076

>>21622990

BTC's halvening contributed to it hitting 20k... up from mere cents once. Seems so ridiculous?

>> No.21623094

This pump has been so crazy I made negative $300 so far!

Lmao STAggots get btfo'd

>> No.21623107

>>21622778
i am fucking ERECT

>> No.21623130

>>21623065
200k+ here, and i sleep like a baby

>> No.21623174
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21623174

>>21622222
Fuck it, just pulled the trigger. I'm now officially the owner of a suicide stack. Feels good man.

>> No.21623184

>>21623065
The price will change alot since the marketcap is pretty low. We are all here because we believe in the project. (or atleast i am). We are still getting on average over 100 holders each day. Since alot got in very cheap we will crab since some will take profit and alot of new buyers will get in. We will start taking of soon.

>> No.21623202

>>21623065
30k here, feels fucking good and the next year will be incredible. read the whitepaper and make up your own mind anon.

>> No.21623216

>>21623065
I think that's the difference between people who can make it in this space, and those who don't. That, and iron hands.

>> No.21623219
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21623219

>>21623174
Get comfy anon, this is just the beginning.

>> No.21623229

Based. Now the question is.. dump STA for ETH or just hold?

>> No.21623265
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21623265

>>21623065
I mean I started stacking at 0.03 my average is still only 0.1 so it would literally have to drop under 10 cents for me to start lose any money, and honestly I don't see that happening. Pretty damn comfy.

>> No.21623275
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21623275

>>21622222
WHAT THE FUCK IS GOING ON!!!

>> No.21623301
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21623301

>>21623265
I hate you because I ain't you, but also based. I fucking WISH I came across this earlier. Oh well. Still one hell of a ride ahead, r-right guys?

>> No.21623311

>>21621397
Those with sta refund wont sell since they know the next refund is major pump

>> No.21623330
File: 101 KB, 1280x720, holdd.jpg [View same] [iqdb] [saucenao] [google]
21623330

>>21623301
We are only 3 months old and the best is yet to come.

>> No.21623358

>>21622778
not trying to FUD but volume is based on USD value, and as statera increases in price, the amount of statera burned daily with a given volume in USD is lowered. it's why almost 10 million STA was burned in the first month before burning slowed down. regardless, the ultimate point still stands, which is that the volume generated by pooling (and the ridiculously high APY statera gives in any pool) leads to accelerated burning which rewards participants on both sides of the statera ecosystem, holders and poolers. this is a no brainer inherently low risk 40x within a year at least.

>> No.21623405
File: 1.20 MB, 1600x900, 1597333889370.png [View same] [iqdb] [saucenao] [google]
21623405

>>21623301
Just get comfy, you're in and we are all gonna make it. 10$ is fud

>> No.21623439

>>21623065
dont invest money can't afford to lose

>> No.21623447

>>21623358
Curious, is there a burn chart for Sta? Would be interesting to see a visualization of how the burn amounts decrease gradually

>> No.21623493

alright i don't fud no more got my stack lets gooooo hahahaha fuck all of u who fell for it stupid ass dumb bigger how did u even thought the project is a scam ahhahahahah

>> No.21623526

>>21623447
I dont think so currently but i know that a team member is writing it down each day.

>> No.21623531

Jesus, my hands are shaking with all the FUD

>> No.21623536

>>21623493
Kek

>> No.21623553

>>21623405
You know, even 1 buck would make me far more financially secure. Yes, even 5k in assets would 2x my net worth, kek It sucks having almost nothing, especially in this economy. But at least I still have untapped credit.

And yes, I understand the point about not investing money you can't afford to lose, but I decided to take a risk anyway. If it tanks, it tanks. I've survived worse, believe me.

>> No.21623555

>>21623493
Same, I have used all my dollarinos to buy STA. Let us moooooon

>> No.21623556

>>21623531
Why? We've reached our targets mostly. Now begins coordinated shilling again.

>> No.21623595

>>21623065
I'm so hardened by this market and being here since 2016 and enduring the 3 year crypto winter that it's all just a cakewalk now

>> No.21623596

>>21623531
They bought it cheaper now so they will stop fudding and start shilling again.

>> No.21623598

>>21623493
I wouldn't be surprised if this was legit, kek. IF you post proof it was you fudding all this time, you're a fucking legend.

>>21623531
Weak. I'm new, and even I know this relentless fud was bullish as fuck. It made me hard.

>> No.21623628

>>21623595
This, held link since 18 and sat through the exploit live. This is nothing, everything is bullish as fuck right now

>> No.21623671

>>21623598
I've watched this shit crash from the hack, I've held mainly because a 100k stack worth 500$ or 0$ was pretty much the same

>> No.21623692

we are gonna drop to sub .15 hopefully god pleas

>> No.21623713

>>21623671
Fug, now you get to see a 100k eom. Nigger I'm jelly.

>> No.21623728

I've got 150k COOM but I'm still skeptical. Is there even a market for meme coins anymore?

>> No.21623756

>>21623447
>>21623526
go the 'analytics' tab for the burn address
https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1?a=0x0000000000000000000000000000000000000000#tokenAnalytics

>> No.21623790

>>21623728
>COOM
don't touch anything that sounds like a faggot pedophile create it. this includes WAIFU, DOGE, COOM, MOON or any other stupid shitcoin crap

>> No.21623843

>>21623692
Doubtful, but with this low market cap? Fuck knows really. I'd be pissed, as I already pulled the trigger on my final buy in for now.

>> No.21623855

>>21623065
dude im sitting on 40k and i couldnt be more comfy

>> No.21623871

>>21623843
i dunno what the time is in america but surely the bugers wake up and some of those refunded will sell

>> No.21623884

>>21622756
>>21622778
Ty frens.

Im gonna look this up and do research

>> No.21623912

I bought another 5k at 19c, easy.

>> No.21623917

>>21623065
I only got 26k and I'd love to get more, but I wouldn't be able to live with myself if it crashed

>> No.21623932

Gotta make it seem real to then pull the rug.

>> No.21623936

>>21623871
Some will, but all the whales are on telegram, and some of them are talking about staying for the ride. They might be lying, who knows. I'm just hodling from now on, moon or bust.

>> No.21623943

>>21622222
Those quints just hit the launch button.
Hop in bros, we're flying past the moon.

>> No.21623998

>>21623932
are you shiting me
>>21623936
i honeslty dont use telegram, discord, even any social media like twitter, facebook or anything at all (banned from facebook for saying the N word). i have no idea what is going on i just look at charts and addresses and scratch my head

>> No.21624106

>>21623932
You had your chance to fill your bags.

>> No.21624306

>>21622778
>>21622990
>>21623358
the burn won't be as constant as 5% every month, I'd expect a lot extra got burned when the balancer exploit happened for example. The more volatile the price movement the more it burns.
Eventually, if it becomes less volatile more investors will consider it as a safer investment... and the price will appreciate... but probably won't burn as much then. Follow up on it in the coming months and you can probably get a more realistic number on how much it will burn.

I am trying to think of situations why it could fail and so far I can only think of other deflationary coins taking Statera's market share, it's a simple design after all. If the community promotes it fast enough Statera will be THE one index coin.
What needs to be established is the social consensus (like any other crypto) and more pool options along with better integration of the token on the index platforms (i.e being able to pool Statera directly on Balancer). I think the pools won't exclusively be on Balancer's platform forever.

>> No.21624471

>>21624306
>better integration of the token on the index platforms (i.e being able to pool Statera directly on Balancer).
balancer need to stop being faggots for that

also i don't know how another deflationary token could overtake STA now. they would be starting from very far behind

>> No.21624488

>>21624306
honestly more memes are what's gonna move this project to the outer space

>> No.21624555

>>21624306
it's worth noting though that within the first two weeks of statera, it was already down below 90M supply. so of the 15% that's been burned, 2/3rds of that 15% was burned in the first two weeks. i'm extremely bullish on STA but people need to factor in the principle that if there's a million dollars of volume a day, much less STA is being burned when it's at $5 than when it's at 3 cents.

$5 EOY is still FUD though.

>> No.21624622
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21624622

>>21624488