[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 6 KB, 290x174, 623DD513-2483-43BC-BE0F-9FD6B065BE02.png [View same] [iqdb] [saucenao] [google]
22474732 No.22474732 [Reply] [Original]

What does it do?
>It balances your pool of coins (index fund) perfectly and automaticlly 24/7 while racking in the pool fees and burning 1% of Statera on every transaction leading to even more positive price pressure.

Why is it a good buy?
>It’s the most decentralized pooling option in DeFi with great returns. This makes it an attractive buy which along with the deflation will cause price to go up. And it is still very early!

What if price still doesn’t go up?
>Now, what makes Statera so good is that it cannot fail if crypto itself doesn’t die. If no one buys Statera you could theoretically buy all of them and run the pool yourself, getting astronomical returns from it. This makes the investment very risk free. And when cryptomarket does well, Sthanos the automated balancer will sell other tokens in the pool (all while racking in the fees) to buy more Statera which means the price of Statera WILL go up.

What are the APY’s?
>Current APY Delta (Uniswap) = 174%
>Current APY Phoenix (Balancer) = 86%

More at
>https://stateratoken.com/assets/Statera_Whitepaper.pdf

>> No.22474768
File: 140 KB, 888x544, 74DC464E-D3F5-4303-BFFD-E795EA120502.jpg [View same] [iqdb] [saucenao] [google]
22474768

Nice work fren

>> No.22474936
File: 204 KB, 1600x900, motley.jpg [View same] [iqdb] [saucenao] [google]
22474936

>>22474732
THis is true.
>very bool, ish.
>2021-05-07
>$8.38

>> No.22475032

>>22474732
I am unironically afraid that it will just die and do nothing like so many other endless shitcoins before. And it gives me fucking anxiety.
Best case it would become the "Go to" solution as an index fund. But I don't see that happening neither.
Assuming Crypto goes Mainstream and gets adopted (which WILL happen at some point) then all those Normie retards are going to invest in Grayscale ETF's or something similar, where they feel safe.
So even though I think the idea is great itself, I just see it as a nice Community experiment, which will never really gain traction. Sadly

>> No.22475103

>>22475032
Read the post again. It cannot fail if crypto doesn’t. Think of that over and over until you get it.

>> No.22475113

>>22475103
Based teacher

>> No.22475152

>What are the APY’s?
>Current APY Delta (Uniswap) = 174%
>Current APY Phoenix (Balancer) = 86%
The volume has been extremely low in the past couple weeks. If STA gains traction again (looking pretty good at the moment but this is coming from a holder) the APYs will shoot up.

>> No.22475208

>>22475152
This is true. Delta APY has been up to 1047% the last month and Phoenix up to 819%.

Source, official financial report:
https://medium.com/@stateraproject/the-most-decentralized-project-in-defi-returning-over-150-apy-passive-income-afa8a8e6b7c3

>> No.22475375

>>22475103
But why would I not just accumulate LINK or Ethereum instead? I mean I don't think Crypto will fail. But wouldn't those specific bets have a bigger ROI than STA?
Serious question

>> No.22475444

>>22475375
Yeah, they would in that case so you are taking some risk that STA will continue to gain traction and be valuable to people for pooling

>> No.22475616

>>22475444
checked. with token burn whale wallets will own more and more % of the supply. it slowly moves from decentralized to centralized, it's very risky, i wouldn't recommend

>> No.22475771

>>22475375
Well for Link to make a 2x it would need to go up to over $23 while the ATH is $19. Statera only needs to go to $0.2 to make a 2x while the ATH is $0.46.

You can just buy ether link and statera and put it in the pool to gain very good APY, then unpool when you want to sell and you’ll have more link and eth than you started with anyway due to pooling. Since it’s automated by Sthanos you won’t even have to do any adjusting it’s all automated.

>> No.22475799

>>22475616
You’re assuming a lot now. Bitcoin is super centralized yet it’s seen as a very safe option. You’re also assuming the top wallets will never take profits at any point but just hold until eternity. Probably won’t happen since let’s be honest all of us are here to make money.

>> No.22476271
File: 118 KB, 1280x719, burn.jpg [View same] [iqdb] [saucenao] [google]
22476271

>>22474936
Why are you in every STA thread???!??
Get outta my comfy threads REEEEEE