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/biz/ - Business & Finance


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22803784 No.22803784 [Reply] [Original]

The other threads are contaminated with fud and shill. Let's make this a discussion only thread.

>BTC, ETH, and LINK will rise back up
>Kyber integrates STA
>BAL joins coinbase
>DeFi pulse index uses STA
>statera pools in COMP, MAKER, LEND, and YFI on top of emerging .finance projects and stable coin yield farming projects.
>binance or kucoin list statera
>coinbase not only lists statera but uses it for their index fund
These are the immediate crypto goals after and during the dashboard release.

This thread is not for shills. I give ZERO fucks if any of you buy statera. This thread is for STAllions who already hold statera to discuss EOY price. $1.38 to $12.50 still on the menus boys.

>> No.22803831
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22803831

I hope I did the right choice buying Sta. It feels oddly comfy anyway. Granted I did buy right on the latest dip.

>> No.22803881
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22803881

Trust me on this one. xBTC will grow alongside of STA into something huge. The former will be the S&P500 of cryptos and STA will be used to balance the alts equally while making use of the volume to generate fees.

>> No.22803918
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22803918

>>22803881
Get the fuck off my board pajeet niggers with you scam xbtc coin and your janny tranny shittera coin

>> No.22803988
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22803988

>>22803918

>> No.22804001
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22804001

patience my STAllions

>> No.22804002
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22804002

>>22803784

>> No.22804019

>>22803784
Awesome, been waiting for this. Can someone please explain how you guys use STA? I think I'd like to buy some based on:
> It's a crypto index fund with the good three coins (btc/eth/link)
> The price chart looks like it's at a nice low point that may turn soon.
> smart people on /biz/ talk about it all the time
But I keep hesitating because I don't get it. Do I just buy this coin and wait for it to moon, or do I have to constantly fiddle with it somehow, pooling and unpooling or whatever?
like to buy some. but when I go to the website I con't seem to find half of what you guys seem to talk about, with strategies for pooling and burning and whatnot.

>> No.22804020
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22804020

just wait until you see what happens with xbtc and sta...

>> No.22804054
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22804054

>>22804019

Read the whitepaper. if you encounter a term/concept you don't understand, take the time to research it. this requires time and effort but when it clicks it's mind blowing. IYKYK

>> No.22804145

>>22804019
buy some and then research, normally the other way around, but at these prices and with this sentiment I would recommend the reverse

>> No.22804236

>>22804145
It's what I did, but I did have some previous exposure to this coin from all the threads that were created over the past few months, it's not like I threw a fat wad of cash at it on a whim

>> No.22804376

>>22804236
I’m reading the white paper this weekend, but I have a pretty good feel for why this thing is special. The simple fact that there were already “STA killers” coming out of the woodworks like momentum is bullish.

>> No.22804417

>>22804019
It took me a few weeks to get it so don’t worry. But as the one anon here said once you get it you REALLY get it.

Essentially STA is inserted into a liquidity pool. The balancer keeps the liquidity pool in perfect balanced ratio. So if one of the tokens go up, it will sell that token to buy the others so that the growth is steady. So you believe in crypto to succeed then you believe in STA to grow. Also, everytime STA is involved in a transaction (sold/bought/ratio corrected by the balancer) it will burn 1% of that STA, creating deflation and more volume. Now if the demand remains the same or grows, price WILL increase due to the deflation. Any of the balancing creates volume which creates more fees.

But what if STA dies and has no volume you say? It does not matter, because the Statera involved in the pool means that volume is also counted for everything else in the pool, so eth btc link snx. Do you really think these will have no volume?

As pool integrations grow, so do arbing opportunities creating more opportunities and more volume -> burn + fees. You could literally be the only one running the pool and get enormous returns. That’s why many of the top wallets are buying
more. Because if STA goes up in price, the APY from the pool will be absolutely insane. It’s not a regular hold and sell.

Of course there is much more to this, but this is the basic idea.

>> No.22804502

>>22804417
Do you think we've bottomed out? Or is there a chance for STA to dump back to a cent ?

>> No.22804560

If the stock 2 flow model is true for BTC then it could be applicable to STA (STA has 0 flow and decreasing stock). STA is way worse payment than BTC (due to the 1% transaction burn) but apart from that STA is intrinsically more valuable. Of course, BTC is the founding crypto and is more valuable due to social consensus. I cannot possibly see STA going anywhere but up in a few years but its true value will be visible once index funds are mainstream in tokenized assets. At the moment the macro economics of crypto is proving that most cryptos perform about the same, so when we have index funds with tokenized bonds, estate, metals etc. STA could be an immensely powerful financial instrument. Any thoughts?

>> No.22804667

I’m not seeing any info about sta going on Binance can someone prove this for me

>> No.22804744

>>22804019
>>22804145
>>22804236
>>22804376
totally organic conversation!!

>> No.22804765

>>22804667
It’s a plan for the future. That’s all. Unless they cooked something up already of course in that case it’s NDA

>> No.22804789
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22804789

>>22804502
No idea that’s why im a bit nervous too haha, not of losing money but the cost of buying too early. But I think that it’s a safe long term bet. I don’t buy projects on a whim.

>> No.22804891

>>22804744
This. So much cringe in these Statera shill threads

>> No.22804910

>>22804744
Fuck off mate, I was genuinely answering a question

>> No.22805201

>>22804789
Fair enough, I bought 40k when it was hovering around 7.09 cents this morning, let's see what happens

>> No.22805483

>>22803784
xBTC launched and is primed for an 18% rebase for tomorrow. Fuck dude, if I get to 10x from the xBTC rebases then it will be time to pump the fuck out of statera boys and then back and forth.

>> No.22805511

ooo whats this now? mmmm more cope you say? do you mind if i just get a whiff- *COOPPPPE* *SNIIIIIIFFFFFFFFFFFFFFFF* AHHHHH mmmm yes how delectable. any more cope for me my dea- *COPE* *SNIFFFFFFFFF* OOOOO why thank you statera holders what a treat- *COOOOOOOOOOPE* *SNIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIFFFFFFFFFFFFFFFFFFF* AHHHHHHHHHHHHHHHHHHHHH

>> No.22805581

>>22804502
>>22804417
I think I just came. It is nice to see other high IQ biztards. If the price goes down I will reach STHANOS tier. The more statera you own, the more fees and passive income you make.

>> No.22805713

>>22804417
Thanks anon. This is the most concise, well-worded STA explanation I've seen on biz.

>> No.22805787

I guess STA would have disappeared by now if it was ever going away. Pump, dump, bleed for a month and repeat is the STA way. Next up is the pump so better fill your bags.

>> No.22805933

To keep anons motivated the team has to come up with some real news IMHO. They keeping their cards pretty well close against the chest. Yes, the breadcrumbs are there sure, but something tangible would be nice wont it?

>> No.22806099

>>22805787
This guys gets it.

>> No.22806588
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22806588

>>22804019
Just don't buy it. Thank me later.

>> No.22807248
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22807248

>>22805933
They will
They are trying to time everything with the dashboard release
I know some people are losing hope, but if you can hold on until early to mid October it will all be worth it

>> No.22807404
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22807404

>>22807248

>> No.22807899

Threads die because of this spam. The bottom is 0(zero) but unironically.

>> No.22807909

How much does a delta token cost currently? Is the price always the price of eth + price of sta?

>> No.22808326
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22808326

>>22807899
We're discussing a crypto project on a crypto board. Get the fuck over it

>> No.22808489

>>22807909
Whatever amount you combine sta and eth. You can make a delta out of 0.1 eth as long as you pair it with equal amount of STA in USD value as far as I know.

>> No.22808641

Thanks anons for giving me some hopium. I was very close to dumping my 100K stack bc I was growing impatient and also upset at lack of involvement from the devs

>> No.22808826
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22808826

>>22808641
Devs are working on things, it's just sort of behind the scenes
Keep in mind that Statera is only 4 months old. I know that can feel like forever, but projects need time to grow
My opinion is give it until the end of the year. At that point if you're not happy with where the project is at, go ahead and sell

>> No.22809230
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22809230

>>22803784
IYKYK

>> No.22809844

>>22807248
Indeed thx for shot of hopium, needed it, however can u back this up with some kind of proof? telegram screenshot or what ever?

>> No.22810951

>>22808826
>Keep in mind that Statera is only 4 months old.
Retard. YFI is only 2 months old and it did more than Statera and Ampleforth combined.