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25272768 No.25272768 [Reply] [Original]

>FEED THE BEAST
>FEED THE BEAST
>FEED THE BEAST

In short, more liquidity in the Stanos pool creates more volume not only in the Stanos pool but the whole ecosystem. For instance, if the Balancer pool is forced to buy wSTA, the price of wSTA goes up which affects the Uniswap pool. The Uniswap wSTA/STA pool now has to sell wSTA to buy STA which creates burn, which in turn creates another instance of imbalance that needs to be corrected (even more volume). Since the Uniswap pool dealt with wSTA, the price has changed and it ripples back over to the Stanos pool. At some point Stanos grows strong enough to carry the ecosystem by itself. That's where Statera is put into an infinite loop of positive price pressure and earned fees.

STANOS POOL:
>https://pools.balancer.exchange/#/pool/0x55353cbadda8fd525f0e6f307b3527d518416700/

POOLING GUIDE:
>https://www.youtube.com/watch?v=mu9GuhO1ghM

WRAPPING GUIDE:
>https://www.youtube.com/watch?v=4_ZEvYxlw2w&feature=youtu.be

>> No.25272797
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25272797

The pool has grown by 10% within the last 24 hours, we are just about to break $100k USD. LET'S MAKE IT HAPPEN

>> No.25272839

>>25272768
Will do my part in a couple days when I get my paycheck. Being early in the pool when liquidity is at its lowest is always optimal. The momentum this pool got back in the summer literally kicked off the DeFi bullrun single-handedly. Now it’s back right before an altseason is about to start. Is this a coincidence?

>> No.25272919

>>25272839
>The momentum this pool got back in the summer literally kicked off the DeFi bullrun single-handedly

This!
$100k in STANOS as of right now, in a pool which is UNBREAKABLE.
We're so fucking early it's not even funny.

>> No.25272921
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25272921

>>25272768
He's awaken. I can hear the rumbling of his footsteps and his growling in the distance. He's coming for us.

>> No.25272961 [DELETED] 

i had my doubts but looking at the volumes for the phoenix pool and these new wsta pools, stanos is creating over twice as much volume with over half the liquidity, interesting to see if this scales in a linear fashion, i.e if 200k liquidity means ~70% apy

>> No.25273000
File: 787 KB, 1342x756, STHANOSSTA.png [View same] [iqdb] [saucenao] [google]
25273000

>>25272919
>>25272839
Correct. This is the pool to which Balancer devs said it was working so well it was almost like it was meant to "game the system". Deflation combined with an autobalancing liquidity pool is flat out genius. It's only a matter of time until Stanos controls this board again.

>> No.25273002

i had my doubts but looking at the volumes for the phoenix pool and these new wsta pools, stanos is creating over twice as much volume with less than half the liquidity, interesting to see if this scales in a linear fashion, i.e if 200k liquidity means ~70% apy

>> No.25273041

>>25273000
And may God have mercy on the souls of those who attempt to stand against Him.

>> No.25273064

>>25273002
People think we are joking. Those who were around when Stanos was first deployed know exactly what it does and how powerful it is. It's disgusting. I imagine this board has grown quite a bit in newfag users ever since the DeFi summer rush and BTC recent rally, they don't know, yet. They will soon. This pool outperformed top pools with A LOT more in liquidity. Imagine what would happen when Stanos reaches those levels in liquidity?

>> No.25273147
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25273147

>>25272919
Statera is exactly what DeFi stands for. The fact that DeFi has barely got going yet tells us how early we are. As for Sthanos, once it reaches higher amounts of liquidity the returns become illegal. And I see no stopping now that it’s back. People are REALLY sleeping on it. Fortunately Stanos is not asleep, he’a very much awake and alive. Let’s feed him.

>> No.25273244

So I have been doing some research on this pool and been interested in statera in general for quite a while. I don’t buy projects on a whim, I take sniper entries on a few gems. Statera seems like it has a lot of potential but I still don’t really get why the burn really is needed? As far as I know the pool would do the same without deflation? Am I missing something? And how exactly do I buy if I were to buy?

>> No.25273299
File: 21 KB, 488x329, 100kBREACHED.png [View same] [iqdb] [saucenao] [google]
25273299

100K USD WALL IN LIQUIDITY HAS BEEN DEMOLISHED, LET'S FUCKING GO STALLIONS NEXT UP IS 150K

>> No.25273337
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25273337

Holy SHIT it’s all happening so fast. China whale gone, 100k liquidity fed to our master. Not long before this thing snowballs into an unstoppable monster.

>> No.25273363

I have everything in the sta-wsta pool hut want to pool some wsta in stanos. Can I just withdraw some wsta and pool it in stanos, or do I need to withdraw an equal amount of sta-wsta from the sta/wsta uniswap pool first?

>> No.25273397

>>25273244
Here's a good in-depth explanation of why the deflation is beneficial.
https://youtu.be/QzNhe5Hd0do

>> No.25273403

>>25273299
Checked. I just looked at this, and all the liquidity is in wsta, what about the other coins in the stanos pool?

>> No.25273418
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25273418

>>25273363
You'll have to withdraw an equal amount from the Uniswap pool, since it has to be weighed 50/50 between wSTA and STA. You could withdraw half the amount of wSTA of what you want to pool and then wrap the rest of the STA.
>>25273337
Indeed. I'm thinking WE ARE FUCKING BACK.

>> No.25273425
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25273425

>>25273244
whenever the pool balances 1% of the sta transaction is burned which means the balancer has to buy more sta to maintain the balance, it creates a loop of rebalancing, if there was no deflation there would be less balancing and less fees

>> No.25273438

>>25273418
Thanks I'll do that

>> No.25273449

>>25273363
When you withdraw liquidity from uniswap they give you equal amounts of the tokens you pooled. So in your case say you want to pool 10k WSTA in Stanos. What you do is remove 5k WSTA + 5k STA from the sta-wsta pool, and then either swap the 5k STA directly for 5k WSTA or wrap it via the balancer. Apparently right now it's better to swap the tokens directly since the price of WSTA is currently slightly lower than STA meaning you get more WSTA for your STA (whereas by wrapping it yourself the ratio is always 1:1)

>> No.25273485

>>25273403
It's actually best to pool the other assets in Stanos instead of wSTA if you are looking at helping the ecosystem. Why? This is because if you pool say 1K USD worth of LINK, then Balancer will sell 800 USD worth of that LINK and buy the other assets, this includes wSTA. If it has to buy wSTA, then it affects the price of wSTA which ripples over to Uniswap and back throughout the whole ecosystem like I explained. It will eventually affect the price of STA, which affects the Delta pool (STA/ETH) which in turn affects Phoenix (Delta/SNX/LINK/ETH/BTC). It all just fucking works.

>> No.25273510

>>25273485
The upside of pooling wsta is that there is less slippage though

>> No.25273689

>>25273510
This is true. It really does not matter that much in the end. If you have ETH/SNX/LINK/BTC, pool that. If you only have wSTA you might as well pool that.
>>25273244
The burn creates more volume. This is because when an event of balancing happens, the deflation causes the ratios to be imbalanced again which means another re-balance has to occur, resulting in more volume. The burn IS what makes Stanos outperform pools with much higher liquidity. Not to mention this affects Statera over-time on a macro-level, as supply is forced to decrease, as long as demand remains the same or increases, price is pushed higher.

>> No.25273804

Wait, is it the original pool with STA and all the other tokens in balancer, or is it some Wrapped STA or the stupid Phoenix token shite


Please tell me is the OG pool and balancer have fixed the gulp issue. Please

>> No.25273838

>>25273804
It's wrapped STA, which means that the burn happens in Uniswap so we're not vulnerable to a gulp attack, but has the same burn functionality. Far more efficient than Delta.

https://pools.balancer.exchange/#/pool/0x55353cbadda8fd525f0e6f307b3527d518416700/shares

>> No.25273893

>>25273804
It's basically the exact same as the OG pool, only difference is that he burn happens on Uniswap instead. Delta never came close to this level of efficiency.

>> No.25273954
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25273954

Ladies and gentlemen, we are now at $107K USD in liquidity. Solitary trees, when they grow, they really grow.

>> No.25273995

>>25273425
>>25273689
Thanks for this, very helpful. One more question which is not found in the whitepaper or on the website anywhere, what is the legitimacy of the dev team like? Can they be trusted?

>> No.25274025

>>25273995
They refunded like 900k STA after Balancer was exploited (and negotiated for Balancer to refund the other tokens). They're incredibly trustworthy.

>> No.25274072
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25274072

>>25273954
>2 new poolers since this thread was created
you lil niggas are making me proud

>> No.25274136
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25274136

Are you guys ready to be btfo by STONKS in q1 2021?

>> No.25274137

>>25274025
Oh wow, that is actually very remarkable. Hats off to them. Nice to see some legitimacy in this space with lack of restrictions and legislation. Are any of them not anonymous? Also, who are the founders of the project? I understand it’s a “community project” but there must be someone who had the idea to create Statera initially? I have heard of lots of names but they don’t really mean a lot on their own so some clarification would be greatly appreciated.

>> No.25274179

>>25274136
I never could take STONKS seriously it’s almost like it was created to be a joke. I mean just look at that and the face LOL

>> No.25274351

>>25274137
The creator is Scott Botha.
He made Statera, then took a step back to let the community take over, as it's an immutable contract and has been fully-audited.
In the last 2 weeks or so, he came back, and brought big plans with him. Including the addition of wSta to see the return of our beloved OG Balancer Pool (STANOS)
The future is incredibly bright.

>> No.25274402
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25274402

>>25274137
What the other anon said. There are two guys who founded another project called xBTC who admitted to also have done work for Statera before, it is likely they are still doing something although not as much now that they have their own project they are committed to. These two guys are, Mark Sgambelluri and Aatash Amir.

>> No.25274431

>>25274402
Both are still involved with Statera, BTW :)

>> No.25274451

>>25274351
Scott has a tested IQ of 165 btw.

>> No.25274456

>>25274179
Stonks actually innovated a new type of rug. It was rugged so that "whales can't buy up all the tokens". That was the actual reason given.

>> No.25274467

>>25274351
>>25274402
>>25274431
Thanks for the backatory! Looks promising!

>> No.25274488

>>25274467
Backstory*

On another note, going to be taking a closer look at how to pool now. Make sure everything goes as it should. Very excited.

>> No.25274528
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25274528

>>25274451
I wouldn't be surprised. The guy is a fucking genius. It takes a while to understand how Statera works when someone explains it to you. Now imagine actually someone creating it in your head and then actually managing to put it out there. Some seriously autistic powers at work.

>> No.25274578

>>25273893
Right but they had that stupid idea after the hack and it didn’t produce the returns as normal. What’s the difference now by using wrapped STA in the pool and using the Uniswap token or whatever it was that was in the pool after the hack.

Fuck sake. Why can’t balancer gold come out so we can go back to normal. All this wrapped sta and delta token shite is nonsense.

>> No.25274673

>>25274578
It's not nonsense at all
It's actually the VERY best way to have the original pool working fully without any security fears.
Delta was okay. wSta is awesome.

>> No.25274685

>>25274578
To be fair, the Delta/Phoenix system managed to get STA to new ATH 3x the previous one. It is the exact same now in terms of results, you only need to wrap your Statera first, that's one step. I wouldn't count on Balancer Gold coming out, the devs are really lazy and don't quite want or know how to make deflation work. They don't even want help that's how reluctant and ignorant they are. Also, without wSTA there wouldn't even be an option to hold Statera while earning fees, like you can do now with the wSTA/STA pool. It is optimal on every functional level in terms of fees and options for different risk exposure.

>> No.25274758
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25274758

>>25274528
As a stautist based and Stanospilled

>> No.25275077
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25275077

>>25274685
Mysteriously based

>> No.25275161
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25275161

>32 holders in Stanos
We had 16 at our lowest yesterday iirc so we have officially doubled the amount of people in the pool in less than 24h

>> No.25275314

Is Phoenix dead it’s made me quite a bit of $$ from eth/btc. But seems like they pulled all the liquidity on delta. Had horrible volume and daily transactions and wasn’t working like intended. Can’t wait to see new stanos

>> No.25275356

One more question, why exactly does the pool yield so good returns with link/snx/btc/eth? I saw the reasoning behind choosing those in the Whitepaper, but does volume for those four coins somehow affect the returns? Like if you would have a coin with more volume in general, does it matter for the pool? Maybe a stupid/weird question

>> No.25275380

Can Statera actually make a comeback?
I think Thanos needs a lot of liquidity for that

>> No.25275472
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25275472

>> No.25275501

>>25275314
Delta and Phoenix aren't dead. Current APYs on them are 63% and 33% respectively. I'd guess the APY on Stanos is higher right now. The more pools STA is in the better it is for the ecosystem though.

>> No.25275756

>>25275501
I’ll be honest, I can’t see Phoenix alive when Sthanos drains the funds out of it as it’s superious. Delta will probably be around since it it simple and seems to yield decent returns, my humble take

>> No.25275835

Also, does someone have the link to the Telegram group? I can’t seem to find it and I don’t want to get scammed by some fake group

>> No.25275961

>>25275756
It could very well be. No harm done though as the phoenix pool was deployed as a replacement for Stanos anyway
tgs:
t.me/stateratoken
t.me/stateraunofficialpricegroup

>> No.25276824

>>25275380
Not just a comeback, the cards have been dealt and statera is holding royal flush

>> No.25277219

So, I know you shouldn't go all-in, ever. Ever.
But I have a few grand sitting in my bank doing absolutely nothing.
Tell me why I shouldn't put it into STANOS and leave it there for at least 12 months?

>> No.25277350
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25277350

>>25277219
We're all biased, fren. You won't get any neutral advice here I'm afraid.
$10 EONY WAGMI

>> No.25277599

>>25277219
Im going all in on sthanos. It's not really going all in since you are owning 5 assets and getting paid for doing so in my eyes its quite risk free

>> No.25277630

>>25277350
Oh, I'm super-biased too.
I suppose I'm looking for someone to talk me out if it, but so far I don't see any downsides
Please correct me if I'm wrong:
- new STANOS pool is 100% secure
- gains will be made over time during alt season
- Sta is immutable & audited, no security fears.
- Sta whales are pretty much sold out so price should bounce anyway

Am I making a mistake?
-

>> No.25277886
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25277886

>>25277630
Everything you've said is correct. But don't overextend yourself into Statera if you can't afford to lose. For all anyone knows, all of crypto could be made illegal overnight.

>> No.25278016

>>25277886
I get that, totally.
But how would crypto even be made 'illegal'
Easy to close down Coinbase tomorrow How do you stop DeFi, for example?
How do you stop people trading on DEXs?

>> No.25278293
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25278293

>>25278016
The central banks are readying themselves to launch their own digital currencies. Competition is unlikely to be allowed. Anything not approved/sanctioned by the state will be made illegal.
>coinbase
The state can close down any operation it likes. Coinbase? "Money laundering for terrorists." See how easy that is?
>dex
And you can trade what you like on a DEX, it's true, but get caught and you're going to jail for whatever reason they like, let's say fraud/tax evasion?
Ot they could just tax the entire sector into oblivion. Gains in unapproved crypto attracts capital gains at 95%.
With all of the above said, I'm heavily into crypto. My point is simply that no one knows what's around the corner so play smart.

>> No.25279059

>>25278293
Thanks, anon. Appreciated.
I'm still on the fence. Maybe I'll just throw half into our Lord & Savior STANOS and leave the rest in my bank getting that sweet sweet 0.05 APY

>> No.25279740
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25279740

>>25279059
Bank? Top kek

>> No.25279762
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25279762

>>25279059

>> No.25280355

>>25279740
Indeed.
But get this - and this is gonna blow your mind - that's the place where my wages go until I get crypto rich.

>> No.25280548

StaBros, I'm in the wSTA/STA pool. I want to remove and go into the STAnos pool but I feel like STA is going to pump soon and then I'll suffer impermanent loss. Why not pool after it pumps?

>> No.25280808

>>25280548
Dollar cost averaging my fren, I pooled 40k wsta to Stanos and I'm going to ad 5k monthly

>> No.25281050

>>25280548
You pool a portion now in sthanos and then hold the rest. It could easily dump as well.
>>25280355
Same but I transfer them over to crypto as soon as I get the bucks, they are not in my bank account even for one single day

>> No.25281150

>>25280808
Based anon in "I'm fucking based" shocker

>> No.25281300

>>25280548
Pooling part of your stack in Stanos is in your own interest too since that will drive the volume in the wsta-sta pool up

>> No.25281353
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25281353

>>25280808

>> No.25282003

keep getting "Token amount should not exceed balance" in the stanos pool any ideas?

>> No.25282180

>>25282003
You're probably trying to pool multi asset. Switch to the single asset tab.

>> No.25282412

>>25282180
is it enough to add WSTA only into single asset or do i need to add all the other assets too

>> No.25282564

>>25282412
Single asset is fine

>> No.25282565

>>25282412
WSTA is enough fren