/STAG/ Statera General

[Phoenix Rising from the Ashes (...) No.22189397]

Please understand that my intention is not to shill but to generate discussion regarding the pros/cons of the following project as a possible moonshot.


To begin this discussion, I will ask, "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, and SNX all "balanced" with STA. 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 a STA transaction happens for buying/selling/pooling, 1% of said transaction is burned). This token burn along with tokens being locked in pools, pressures prices up to again make sure the other coins will be balanced, but also creates arbitrage opportunities across funds.

Why is increasing volume, liquidity and arbitrage useful with STATERA?
Well while pooling STATERA you earn a percent of all transaction fees in the liquidity pool. Please feel free to read the medium article outlining the first 2-3 months which came out to be an APY of 36% essentially creating dividends where there were none (https://medium.com/@stateraproject).).
The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled by balancing with ETH, BTC, SNX and LINK leads to an exponential effect and positive feedback loop on price. This leads to the concept created by STATERA known as "Volume Farming."


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 fact, I own more STATERA than some of the devs.

[Phoenix Rising from the Ashes (...) No.22189424]

>>22189397
Can’t I just hold BTC, ETH, LINK or any other coins and balance my own index fund?
Yes, but can you add in a way to collect dividends (>36% APY) on your coins based solely on their volume/trading? Can you add in a mechanism that causes constant upward pressure in your index fund? Can you capitalize on every arbitrage opportunity for all the above coins to auto-balance and make gains when possible 24/7? Can you do all of the above in a trustless and truly decentralized (largest holder ~6% of supply) manner?


What is the low volume/high volatility problem?
If an asset or contract has low volume then it is susceptible to high volatility. This leads to the premature failure of many promising projects and contracts early in development and is one of the main barriers to a fully decentralized and digital world. A simple quant balancer cannot solve this as in finance 1.0 because if the volatilty is too high then such a balancer is subject to fail also. However the addition of a deflationary mechanism creates inherent feedback ensuring that it cannot fail unless the entire digital market (ETH, BTC, LINK) collapses. It allows new projects and new contracts to solve the initial growing pains of high volatility and manipulation.
But what if bad actors simply manipulate STA?
This is why the fully decentralized aspect is important.

[Phoenix Rising from the Ashes (...) No.22189452]

>>22189424
But what if no one uses it?
Then it fails. However, here are some possible reasons to support why it will be used include: First-mover advantage (FMA) and simply put, people are already using it. If BAL and subsequently Phoenix go on coinbase then it will not be long until STA is cemented as the industry standard. However, this is the key. If we do not utilize this tool then it will fail. This does not mean we need more people buying it. But more people using it and allowing it to be integrated into their pools, funds, contracts, etc. If more projects integrate it then new buyers are not necessary and therefore new holders of STA are not needed to generate income using STATERA as a community balancing tool.


Why is the price so low if this project is so promising?
This project was greatly anticipated, and it is still very young (4 months old) and it was very bullish since its inception. However, BALANCER labs was hacked utilizing the STATERA deflationary mechanism which has since been fixed utilizing the Delta token. Even more impressive is that STATERA and then BAL refunded the tokens lost during the hack which given the steep increase in price of the tokens we far more money than the initial investors lost. Crypto YT personalities such as Bitboy crypto, Chico Crypto and Ivan on Tech have all promoted STATERA with Ivan and Bitboy promoting STA and the applauding the refunds separately.

[Phoenix Rising from the Ashes (...) No.22189492]

>>22189452
So why is this a moonshot?
Given how young this project is and the rapid growth it has had from $0.03 to a local peak of $0.46 followed by a correction to $0.15-$0.30, it has garnered great interest in /biz/ where it is now behind chainlink as one of the most promising projects for a "long-term hold". The number of holders continues to grow and is currently at ~4400 with volume rising regularly and recovered significantly since the price dip from the BAL hack. However, despite how bullish the community are, it is still only a 11 mill mcap to 30 mill mcap coin. Given the use case and integration with blue-chip coins it is not unreasonable to see it achieve an mcap of a top 50 coin, but that is conjecture on my part. Beyond this the project's team is actively working on new ways to increase liquidity, volume, transaction fees, arb opportunities, etc. by getting STA listing on multiple new exchanges including 5 new exchanges coming in September, 2020, and new integrations and pools for STATERA to balance.


I am happy to discuss price projections and the calculations that went into it, but the current models used for price prediction will need to be taken with a grain of salt given the assumptions made in the models (BTC reaching 80k by EONY, for example). For now, I am happy to have had your attention. Please let me know your thoughts and recommendations as they are greatly appreciated.

[Anonymous No.22189527]

>>22189397
Sequel meme

[Anonymous No.22189713]

Remember: 15 weeks. November 9th. Growth is inevitable.

[Anonymous No.22189744]

>>22189527
What game is this from? Looks comfy

[Anonymous No.22189823]

>>22189744
The Legend of Statera II

[Anonymous No.22189844]

How is this supposed to go up in price if no one is buying it and the dev team isn't doing anything?

I am not fudding why would this token go up, it is losing support daily and has been bleeding for weeks. Someone please explain why this will go up if support is dropping and no one new is buying it?

[Anonymous No.22190083]

>>22189397
I have 2.7K STA, will I make it in 5 years? I just need $250'000

[Anonymous No.22190162]

>>22190083
Yeah you’ll have about that much by then. 1000$ STA in 2025

[Anonymous No.22190391]

>>22189844
There is no dev team. This is a team of glorified, pozzed marketeers. Abu is a Nigerian and Megan is a confirmed tranny. They listed Statera and Delta on 2 fake volume exchanges. Also, if you bring up any concern or question to those of power, you're banned or muted because if you don't agree, you're unnecessary FUD.

[Anonymous No.22190572]

Anybody got the ranks? I'm trying to buy 20k more at the bottom.

[Anonymous No.22190812]

Anons, I found this piece of literature from under the last of my statera stack I was happily to get rid of. It was quite an exquisite treat and brought great delight and satisfaction to read about the "Tranny Janny" and man.... It was such a good read, I ought to do my due diligence to share it with thee. Now if I may:

*AHEM*

>JANNY TRANNY
>LIES SO SWEET
>JANNY TRANNY
>LIFE'S TOO SHORT
>JANNY TRANNY
>DON'T COME BACK
>JANNY TRANNY
>CAN'T GO BACK
>ONCE IT'S OFF
>IT'S OFF FOR GOOD
>JANNY TRANNY
>LIFE IN DESPAIR
>TO HAVE DARED
>JANNY TRANNY
>GET OUT OF MY CHAT
>AND NEVER COME BACK

Must I say dangerously based, and if I dare say it myself........ redpilled?

[Anonymous No.22191035]

>>22190812
based

FUCK JANNIES
FUCK TRANNIES
FUCK JANNY TRANNIES

REEEEEEEEEEEEEEEEEEEEEEEEEEE

[Anonymous No.22191099]

>>22189713
>he fucking knows

[Anonymous No.22191119]

>>22190391
>transgender
Woe is me. Transgender == financial failure now. Ah shit.
>insert random black persons country
Sounds legit.
Thanks just bought another 20000 STA

[Anonymous No.22191124]

>>22189844
>dev team not doing anything
You don't know...
They are 100% still incredibly active. They are just autists that don't announce their every bowel movement.

[Anonymous No.22191329]

I was going to buy this then I did research about the head of the team, a guy named Abu Bakr (???) Found his facebook. Looks like before becoming the head at Statera he was making signs out of sheet metal on the side of the road and sells beard oil on the side? Not very stellar credentials there.

[Anonymous No.22191446]

>>22191329
abu is a shitskin but calling him the head of the team is like calling craig wright the head of bitcoin

[Anonymous No.22191847]

Very good threat OP, I finally understand why biz likes it so much, the next natural question is:

So there is the 3 fold benefits of STA over just using those 3 coins. So how do I get these gains? How does the price of STA reflect these coins? Or do I insert my link, btc , etc into a contract? What role is the STA token in this because STA trades on its own and doesn't reflect the prices simply through the coin right?

[Anonymous No.22192728]

>>22191847
You have 3 options. You can hold STA, and assume it appreciates. Highest risk, highest reward. You can mint delta tokens by pooling STA and eth, med risk, med reward. With those tokens, you can put them into the Phoenix pool, lowest risk, lowest reward. Check out bit dot ly slash stavids for more in depth explanation.

[Anonymous No.22193226]

Comfy thread.

[Anonymous No.22193318]

John Doe Here, Been doing some digging again. Massive news thats going to get leaked in a couple days probably about. STA. Don't believe everything you here, it may sound bad but we will get through it.

[Anonymous No.22193334]

This shit is dead

[Anonymous No.22193393]

>>22193318
I'll bite. What kind of news?

[Anonymous No.22193403]

>>22193318
Based schizo jeet

[Anonymous No.22193990]

PAMP IT

[Anonymous No.22194166]

Considering the rest of the market's state, I'd say the bleed hasn't been too bad.
As soon as the bull run begins I reckon we can expect a 0.20 on up.
The next big Statera announcement should be by then, too.

[Anonymous No.22194586]

whats the best price point to buy at

[Anonymous No.22194664]

>>22194586
Prob 10¢ but you can try to get a little lower

[Anonymous No.22194665]

>>22194586
hard to say. support at 11 seems very strong, but i thought the same about 12. if there's another btc drop we will tank below 10. thing is that it could shoot up at any point from here, big announcements in the pipe, and when they pop you will have about a minute to get in

[Anonymous No.22194721]

massive news coming soon abu al-bagholder made 2 million dollars swinging and put it all in kleros, statera has been abandoned by the whole team save for a telegram moderator who now has full control

[Anonymous No.22194842]

>>22191119
>Tranny lied, gains have died
>Abu da Poo is from Nigeria and said so himself

>ngmi for not being in the know

[Anonymous No.22195186]

It’s the chosen one. Especially considering the fud is senseless.

[Anonymous No.22195369]

>>22195186
Unironically this.

[Anonymous No.22195509]

I love where the conversation is headed, what do you think of $phr, is it going to be a moonshot

[Anonymous No.22195536]

>>22189397

[Anonymous No.22195809]

Remember Statera was dead

[Anonymous No.22195956]

>>22195536
>was
weak hands rekt

[Anonymous No.22195962]

>>22195536
>>22195809
fuck this is funny.

[Anonymous No.22196027]

>>22195536
weak hands won't make it

[Anonymous No.22196038]

>>22189397
scam

[Anonymous No.22196045]

>>22196038

[Anonymous No.22196081]

>>22189397
STA is a scam desu. Get out. Get into LOKI.

[Anonymous No.22196100]

>>22196038
If you told me that STATERA could fail because it doesn't get enough integrations by EONY then dies off I would be willing to have a discussion with you, but a scam/rugpull/ponzi are literally the last thing STA is. It only shows you didn't read the posts.

[Anonymous No.22196127]

>>22194665
what? there are no announcements you god damn fucking nigger.

[Anonymous No.22196131]

>>22196038
>>22196081
...you keep using the word ponzi or scam but you do not understand why it does not apply here.

You see, I would prefer it if no one bought STA. I would prefer balancing funds with this code myself and collect all the fees from the pool as I pin it to existing smart contracts.

If an asset or contract has low volume then it is susceptible to high volatility. This leads to the premature failure of many promising projects and contracts early in development and is one of the main barriers to a fully decentralized and digital world. A simple quant balancer cannot solve this as in finance 1.0 because if the volatilty is too high then such a balancer is subject to fail also. However the addition of a literal meme like deflation and token burn creates an inherent feedback to this system ensuring that it cannot fail unless the entire digital market collapses. It allows new projects and new contracts to solve the initial growing pains of high volatilty and manipulation.

But what if bad actors simply manipulate STA? This is why the fully decentralized aspect is important.

But what if no one uses it? Then it fails. However some possible reasons to support why it will be used include: FMA and that people are already using it. If BAL and subsequently Phoenix go on cb then it will not be long until STA is cemented as the industry standard. However, this is the key. If we do not utilize this tool then it will fail. This does not mean we need more people buying it. But more people using it and allowing it to be integrated into their pools, funds, contracts, etc.

If more projects integrate it then IDGAF if I am the only holder. I will be a trillionaire.

[Anonymous No.22196163]

>>22196127
there are multiple (at least 7) new announcements coming up from now until EOY. Breadcrumbs hint at what they are.

[Anonymous No.22196304]

>>22196127
Stay poor Rajeesh

[Anonymous No.22196598]

>>22196127
you are the biggest fucking double nigger manchild, here, have a tiny spoonful and fuck off

[Anonymous No.22197043]

How do you know there are at least 7 announcements. I have 66k sta. Really hoping for at least 100k so i can put deposit down for a house. Just a genuine guy hoping to catch a bit of luck for his family. If you know amd wish to reassure. Hit me up on snap fperry4811.

[Anonymous No.22197162]

>the same copy paste essay spewed across leddit and /biz/ for the 100th time
>the same 3 proxies to generate controlled fud and reply

[Anonymous No.22197469]

>>22197043
Ok. Email the team and they will just tell you.

[Anonymous No.22197561]

>>22197043
>house
>family
>didnt say lambo
>didn't say to stop wage slaving
Ngmi

Just kidding anon. I'd like to retire from being a full time wagie or at least pay off my house. Wish I had something to tell you. If this is all you're after though, the best advice I can give is dont get greedy, know when to sell.

[Anonymous No.22197634]

>>22189397
$10 when?

[Anonymous No.22197760]

Won't sell till it's multiple dollars.

[Anonymous No.22198440]

Had to set price alarms on both sides incase it crashes/starts going up. Also deleted telegram and trying to cut on biz browsing, this shit is wrecking me.

Seeing the sushi whale make 5x or whatever while not doing anything, going down from 200k (life changing) to 50k (not life changing) etc.

I hope it’s near the bottom now. STA can do great things and the next pump will most likely be huge. This time I’m going to pool some of it though, just to keep myself sane.

[Anonymous No.22198886]

>>22189424
kek what a fucking scamcoin. The purpose of an index fund is to reduce risk not maximize gains. Kekekekk why isnt wall street offering similar products with top stocks that autobalance every day and burn cash buying and selling to "balance"? Because this is an exit scam that is trying to get as many people as it can in before the dump all their bags. Sure, you can make money with a PandD, but this turd sandwich offers nothing but pied piper dreams.

[Anonymous No.22199090]

>>22198886
Nice fud

[Anonymous No.22199152]

>>22198440
Yeah I am gonna pool some too next time lol. What do you use for price alerts? I mean do you have any app that warns about price but you can live day to day life without constantly checking price?

[Anonymous No.22199185]

STA holding up quite well during the September meltdown

[Anonymous No.22199199]

>>22199152
Coingecko alerts, tho I’m afraid it’s too slow. There was some telegram bot that could alert you too.

[Anonymous No.22199231]

>>22199090
the memes suck too that was my first clue

[Anonymous No.22199353]

>>22189397
sirs where do i store my STA

[Anonymous No.22199405]

>>22199353
Ledger not to be touched for a while. This helped me avoid a post hack sell,

[Anonymous No.22199511]

i hate trannies ngl but obamas wife is one too and you let him become president. thats why i'll wote for statera for the next election

[Anonymous No.22199677]

>>22199199
Okay thanks I will check into that. I am 100% confident about STA, but checking price every day several times gets to my nerves and it needs to stop.

[Anonymous No.22199725]

>>22199677
This coin has consumed my life since day 4, been down 90%, up 900%, money hacked, money refunded. Been a wild ride

[Anonymous No.22199871]

write an article about it and I will publish it across my network for free. Send it to [e-mail]

[Anonymous No.22199936]

>>22199725
Yes same. Now it needs to stop or else I cant rise from the bed anymore because exhaustion lol.

>>22199871
Somebody with skills need to do that or atleast post on tg with it. If it is legit.

[Anonymous No.22200041]

>>22199725
Yea, but still, we are here. Goes to show Statera is here to stay.

[Anonymous No.22200566]

>/STAG/

More like /STAGNATE/ am I right fellas?

[Anonymous No.22200592]

>>22200566
Still not selling

[Anonymous No.22200677]

>>22200592
Same. I have a whopping 600 STA and I'll be damned if I'm letting go off it.

[Anonymous No.22200995]

The price decline does not seem to represent a decline in holders at all. the way I see it, we shook off some paper hands. STA has a solid base of holders. keep that in mind anons.

[Anonymous No.22201030]

buying more pooling more

[Anonymous No.22201044]

Heavy resistance @ 10c = super bullish.
Statera has around 25 team members working and exploring different things.
Do you think they're all just sitting at home watching Netflix, and hoping the price goes up? Lol
Gonna be some salty AF bitches in a month or two. Heh Heh

[Anonymous No.22201052]

>>22189397
TLDR

Can you hold this and not do anything? Do I need to stake or some shit? When will it moon?

[Anonymous No.22201175]

>>22201044
This, it wants to fly so bad and it's only matter of time now, honestly believe we're gonna hit $1 before Christmas. September is gonna be tough but we'll get there

[Anonymous No.22201193]

>>22201052
Of course you can just hold. :)
You an also pool if you want. This mitigates your risk, and gives you trading fees, as well as weekly BAL tokens .
Pooling also strengthens the Sta ecosystem

[Anonymous No.22201287]

can someone post me a pic of scott, i need his face

[Anonymous No.22201481]

>>22201287

[Anonymous No.22201526]

>>22201481
thanks

[Anonymous No.22201710]

>>22191446
The team stepped back already. After the refund where the project drained it's wallet, they stepped back even more. Right from the start, STA was an experiment in a community driven asset. It was designed to be difficult to be centrally directed. Now the question is, if there is no core team (or rather the core team is Megan and Abu) and there is no development fund, how the fuck can STA gain adoption? BTC model? We wait 10 years for it to gain adoption? That's crazy.

[Anonymous No.22201736]

https://uniswap.info/pair/0xce84867c3c02b05dc570d0135103d3fb9cc19433

Imagine even 2% of YearnFinance's clones' money going into STA.

[Anonymous No.22201743]

>>22195809
There was a reason for that. Those who bought then believed the then core team would put things right, and they did. But there is no more core team and no more money. Whereas other tokens have Dev funds to propel acceptance, STA is now in limbo. Am i wrong?

[Anonymous No.22201773]

>>22196100
Yea STA is clearly not a malicious project.

[Anonymous No.22201787]

Kind of hope this crabs until the end of the month so I can accumulate more.

[Anonymous No.22201866]

>>22201787
I was hoping STA was going to be the quick gains YFI and I was going to put the quick money I made from STA back n forth in other projects.
Seems like I didn't get the memo that this is the chainlink of DeFi and Chainlink is slow as shit.

Btw didn't /biz/ said they're going to advertise this token starting with 1st of September?

[Anonymous No.22201868]

>>22201743
Heavy resistance @ 10c = super bullish.
Statera has around 25 team members working and exploring different things.
Do you think they're all just sitting at home watching Netflix, and hoping the price goes up? Lol nice fud tho

[Anonymous No.22202017]

>>22201868
The team literally said they stepped back. The team literally said they've drained their funds. The team literally said this is intended to be "community driven"

[Anonymous No.22202051]

>>22200677
based anon, 1200 here and NEVER selling

[Anonymous No.22202310]

>>22198440
Anyone know what Sushi whale is doing now asset wise? He swung really intelligently.

[Anonymous No.22202501]

10 cent STAblecoin?

[Anonymous No.22202716]

>>22202310
He said he’s taking a break because he made millions.

[Anonymous No.22202977]

>>22190812
the one posted yesterday was funnier

[Anonymous No.22203115]

Absolutely no news or updates whatsoever after the BIG EXCHANGE ANNOUNCEMENT did fuck all
This is an absolute scam and the devs have abandoned it, even the garbage foodcoins and pajeet yield degeneracy is better than STA at this point because they can actually make you money

[Anonymous No.22203258]

Doesn't STATERA rely on the crypto market going up?

What happens to statera value if all assets in the phoenix/delta pool go down.. doesn't this mean it would sell statera to balance i.e. value of sta going down?

[Anonymous No.22203283]

>>22203115
You already posted man

[Anonymous No.22203350]

We are under $0.10

[Anonymous No.22203428]

Relax, STA will go back up once the September collapse is over

[Anonymous No.22203458]

>>22203350
Presumably the TG is deflated.

[Anonymous No.22203537]

Well I'm financially ruined.

[Anonymous No.22203586]

STA is a fucking joke

[Anonymous No.22203748]

>>22189397
Fucking great I got banned on tg for saying fuck jannis.
You will deeply regret this mister Megan, I am big statera whale. I am one mouse click away from crashing your shitcoin with no survivors

[Anonymous No.22203768]

I can't believe I'm about to purchase something for ten cents a pop that will make me a multimillionaire in 5 years

[Anonymous No.22203772]

>>22203748
We're waiting

[Anonymous No.22203792]

>>22203748
Buy more sergey

[Anonymous No.22203798]

I bought at 0.4 Ct. Not selling ever again.

[Anonymous No.22203851]

well, I'm so much down, thank you biz for that recommendation. I should have moved the 4 eth that I almost have lost now into trx.
Usually coins will go up again. I know. STA on the other hand looks meek. It goes down and down and will never go up so much to 0.3$ ever again.

[Anonymous No.22203886]

>>22189397
OP, firstly you're clearly a poor shill for your spamming on this thread. This is a shitcoin lead by a tranny, we all know they're mentally ill and not in the good way like with Vitalik or Sergey
Good luck holding your bags

[Anonymous No.22203905]

>>22203851
Early buyers took their gains and dumped on you.

[Anonymous No.22204044]

>>22203905
In a few years people who bought under 0.2 will be the early buyers

[Anonymous No.22204114]

>>22189844
It will go up. It just has to correct first.

It is definitely in a correctional phase. If you don't understand that, you don't understand which cryptos are good to invest in. You have to keep value in mind, marketcap in mind, and trends within the marketplace. As it levels out it's correctional period, I'm going in.

[Anonymous No.22204179]

>>22198886
It's not an index fund, dude. It's a deflationary token backed by an index fund.

[Anonymous No.22204272]

>>22198886
Also Wall Street does offer this. Huge hedge funds do this, lmfao. Mostly they're held privately and these services are not offered to the public.

Algorithmic balancing trading has been a part of the stock market for years. It's the backbone of high frequency trading you dumbass.

[Anonymous No.22204394]

>>22203886
Hows your link bags doing? It's correcting too, you should have sold that when it was 17 cents like I did.

[Anonymous No.22204426]

Can one trade for STA with Dharma App? There are a trillion different Stateras appearing - none of them seem to be the real deal/correct contract. And “searching” for the contract doesn’t seem to work.

[Anonymous No.22204598]

>>22203905
I know.

[Anonymous No.22205032]

>>22189397
14 weeks till $10

[Anonymous No.22205274]

>>22203748
If this is sergey, your timing was bad. You said it with that new chad fag who joined just to say Fuck Trannies. Im pretty sure Megan wasn't the one who banned you either. Think it was Souvlaki, he banned someone else a few minutes before for spreading bs.

[Anonymous No.22205408]

>>22203748
Join statera uncensored channel anon

We can say FUCK JANNIES and FUCK TRANNIES all day

[Anonymous No.22205603]

>>22205408
This one?

T.me/sta_uncensored

[Anonymous No.22205940]

>fud thread died the moment STA went below 10c
Whaddya know

[Anonymous No.22206007]

How easy is it to get banned from the telegram? Do I just have to criticize the project? Or do I call the tranny janny an iron “lady”?

[Anonymous No.22206075]

>>22205603
Yessir

[Anonymous No.22206123]

>>22206007
If you've ever posted anything then depending on the tranny's mood you may get kicked. As you know Megan is mentally ill so there is no predicting this. Better off trying to predict defi swings.

[Anonymous No.22206124]

>>22204394
If you sold at 17cents, you're probably the worst trader on this board.
Happy holding my comfy 50x instead of a tranny shill. Enjoy following the mentally ill
ngmi

[Anonymous No.22206149]

>>22204426
What the fuck is Dharma app. Jesus. Sounds like an Indian scam that steals your wallet when you update.

[Anonymous No.22206263]

kill yourself tranny

[Anonymous No.22206338]

>banned within 5 seconds of posting
That tranny is fast

[Anonymous No.22206430]

Tranny didn’t like Chester cheetahs cheez dick