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/biz/ - Business & Finance


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25450565 No.25450565 [Reply] [Original]

This is the last time I am going to shill this to you.

>wSTA with wSTA-STA pool have solved the Balancer flashloan exploit
>wSTA with wSTA-STA pool have solved the issue of CEX not wanting to list a deflationary token
>Stanos is back and now emphasises wSTA more than ever with a 50% weight
>Stanos liquidity has been growing steadily since its re-introduction, and it is not even taking any liquidity off from Phoenix
>There are now a lot more pools with growing liquidities that will be rippling on to each other, which will increase the volume
>More liquidity = more volume = higher price
>Forget about today's price... Think about the future's
>The dashboard will be the means by which normies will be getting in. Get in before it becomes fully functional
>Will post how Statera works one last time in the replies below
>I will no longer post about STA anymore after that. A blessing to some, but damnation to others

Good luck, anons.

>> No.25450580
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25450580

>>25450565
It is the product of modern economics and technology. If you do not understand it, that is absolutely fucking fine because never EVER in the history of mankind could it be done. Not without the blockchain. Worry not though, I am here to explain.

Starting off with basics: market cap = supply x price

As an example, for 5,000 supply at $2 the market cap is: $10,000 = 5,000 * $2

Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:

1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply from 5,000 to 4,500

2- Ignore the demand/price force for STA’s utility (will get back to this point later faggots)
Since we are ignoring demand, the market cap should theoretically maintain its amount.

This burn will therefore cause price to increase:

10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.

This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.

>> No.25450623
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25450623

>>25450580
Now we can talk about STA’s utility: why would people demand STA? What does it do?

Balancer gives back a return of 1% of total transaction volume that happened from all the rebalancing. That 1% on volume does NOT mean you get 1% on what you are pooling. It means the following:

Example: if you are pooling $10,000 and there is a total of $100,000 being pooled, with a 24h rebalancing volume of $50,000, then you will receive = ($50,000 x 1%) x ($10,000 / $100,000) = $50. Your daily rate of return is therefore $50 / $10,000 = 0.005, which means an annual rate of return of 0.005 * 365 = 183%. People called Phoenix’s return a scam because they were THAT high, but it has nothing to do with scams… it is actually STA’s genius.

A lot would be very happy with such return, making them want to pool. You would think that as the pool gets bigger, your portion of the reward gets smaller but remember that when people pool, STA is being transacted and burnt, causing the rebalancing volume to rise and therefore increasing the 1% total reward as well.
Remember, rebalancing does not ONLY happen from STA’s ripple effect mentioned above, but it also happens when the other 4 coins move in price too (which by the way means more STA is burnt).

The Balancer also balances liquidity / fee income demand: if liquidity provider believe they can get higher interest in other defi, they will remove their liquidity from Balancer. But then this leads to an increased fee income to those who have not removed their liquidity (MINDFUCK). Keep in mind all this burns STA as well.

>> No.25450642
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25450642

>>25450623
Whether you think it has value or not, no one can stop it. People will want to earn high interest income. Balancer will keep balancing. Statera will keep burning. And the tokenomics in my post will keep repeating itself.

Also, don’t forget all the other pools/farms/pairs/etc… that would be affected by the ripple effect which would naturally cause arbitrage and more burning to happen. Fuck man, how can people that genuinely FUD not see this?

Now we need to include the practical side to theory and all the demand action from wanting to buy and hold or buy and trade. Demand is the reason why STA is currently struggling, so we definitely cannot ignore it. In this case, demand comes from liquidity and volume provided to the pools. The team is fully aware of that, and they outright said volume will be their main focus following the dashboard.

Now I must admit, the only real struggle is volume. The project’s idea is absolutely sound and you are fucking dumb if you think otherwise. Just like I would be dumb for not admitting that volume and liquidity are not currently an issue. But once that issue is fixed, are you willing to bet against a good idea?

>> No.25450692
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25450692

>> No.25450756
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25450756

>>25450565
They think we are crazy. Rightfully so. We have been talking about this for months with price just bleeding. But it's real. Once we get more volume Sthanos and Infinity pool will be completely nuts and they WILL FOMO.

>> No.25450812

I think people either don’t believe us anymore or there are too many newfags who weren’t around in summer when Stanos was initially introduced. Crazy times, and they will come back. It’s a matter of time until we start the third leg up

>> No.25450827

>>25450642
Sounds pretty lame

>> No.25450858
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25450858

>>25450565
Based and STA pilled.

>> No.25450870

>>25450827
ok butt boy lmao
>bUTB0U9E
go fuck some more dudes

>> No.25450879
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25450879

>>25450565
>FEED THE BEAST
>FEED THE BEAST
>FEED THE BEAST

I imagine a 2017 bullrun with defi as normies come in. They will read ”index fund” ”deflationary” and ”stanos” and fomo in like crazy which pushes the APY of the pools even higher. I don’t think we can even imagine what it’s gonna look like.

>> No.25450910
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25450910

>>25450870
Another one justed by kek.
>>25450827
That's right butt boy, you can now join the likes of Pigerz, IQ39 and Pig goy.

>> No.25450931

>>25450870
and so the legend of butt boy was created
>LIST OF SUICIDE STATISTICS
>Frederick
>Medfren
>John Doe
>pigerz
>butt boy
Am I forgetting anyone?

>> No.25450956

>>25450565
so basically this is a coin created for the sole purpose of deflating really quickly and making people money? so some day a statera whale will decide that he extracted enough value from this and dump everything and then the rest of the whales will follow because trading volume gets lower and then nobody will want it anymore and it's a dead coin because its only use is that it gets traded

>> No.25451170

>>25450956
Who cares as long as you get in on top and dump the pump on some normie suckers.

>> No.25451247

>>25450956
Or it's the opposite. Statera whales never decide to pull out and the volume only increases to the point where no one alone can stop it and so it makes everyone batshit rich

>> No.25451263

>>25450956
If they dumped a massive volume it would just generate even more fees for everyone who remained in the pool. And it would generate a lot of token burn which would generate even MORE fees through the balancer. It is highly dump resistant.

>> No.25451499
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25451499

>>25451263
Oh yeah that too

>> No.25451550

>>25450870
kek

>> No.25451613
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25451613

>>25450565
I made that picture at the very beginning of Statera. Things were good back then. Still holding.

>> No.25451624

>>25450956
Absolutely not anon, you are describing the very first deflationary tokens that were game theory. These stories are the only legitimate detractors that I believe desu, because this is what deflation was in the past. Statera literally changed the game and gave it a use. If you're serious in your stance take some time to understand the liquidity pools involved because you are missing out on the beginning of something big. Nobody has successfully copied this yet, it works, and it hasn't even gotten off of /biz/ yet. Its also very transparent in how it works, you can see the fees we are earning is coming from trading, there is more going on here than selling the token to someone else.
If you're just pretending then that's fine have fun but if you're really thinking about deflation in 2017 do yourself a favor and work through what you're missing here.

>> No.25451700

>>25451613
I remember you anon, if that is you. A few of the anons donated for your good work. Feel free to share your other original ones that you did in Statera's first week. Thanks, anon.

>> No.25451831

Based OP. A very nice write-up
But you've made one mistake.
That is thinking that anyone on here will actually read and try to understand your facts, and the insane possibilities Statera ad its pools have.
Instead, they'll just see the price and scream SCAM, COPE, SHITCOIN, and then continue on their daily task of licking the window in their basement.

>> No.25451839
File: 1.87 MB, 3840x2160, STA_NEUTRON.png [View same] [iqdb] [saucenao] [google]
25451839

>>25451700
That's what I loved about that time! The community and the vibe was absolutely amazing! Really miss it.

I think I put most of the art here: https://imgur.com/a/Y3z9c23
Except some unfinished like this one was supposed to have lightning bolts n shit added.

>> No.25451879
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25451879

>>25450870
LMAO BUTTBOY

>> No.25451966
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25451966

>>25451700
Definitely was a STAhoe at the time because I didn't have much to invest but really didn't want to miss the train!
No regrets, best time I've had in crypto thanks to the Statera fans.

>> No.25451981
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25451981

>>25450565
STATERA 10K EOTY

>> No.25452004
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25452004

>>25451966
You shall be rewarded for your patience, anon.

Hope you scored that chick you went on a date with that week.

>> No.25452023
File: 3.09 MB, 2560x1440, StateraPepeLovee.png [View same] [iqdb] [saucenao] [google]
25452023

>>25451981
Truth has been spoken

>> No.25452027

>>25450956
>whales are going to randomly pull out of something that generates them 150% yearly ROI
Yeah that sounds realistic

>> No.25452064

>>25452004
Holy shit you remember why I had to bail for the night.
Definitely scored there and then, but dodged a bullet as she turned out to be incredibly crazy. She makes the current BTC rally seem weak.

>> No.25452065
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25452065

>>25452027
kek fudders aren't even trying anymore
>whales hate money and would rather try to fuck the project over

>> No.25452431
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25452431

>>25450642
(You) for effortposting, based Anon.

>> No.25452499

>>25451624
ok so tell me right now how much you earn with how much pooled/staked statera per day. I notice that suspiciously OP has not included any numbers which is the first thing somebody would do that wanted to sell you on a token whose sole purpose is to stake

>> No.25452511

>>25452065
Haha
It's brilliant, isn't it.

>> No.25452645
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25452645

>>25452499
Here you go sweaty
https://stateraproject.medium.com/the-most-decentralized-project-in-defi-returning-over-150-apy-passive-income-afa8a8e6b7c3

>> No.25452658
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25452658

>>25452499
>>25450956
From what you are saying, you do not understand Statera and definitely did not read the Whitepaper.

You are talking about pooling/staking numbers... You can literally calculate that yourself. If you don't know how to, then the dashboard will help you once it is fully functional. Remember what I said in my OP?

>The dashboard will be the means by which normies will be getting in. Get in before it becomes fully functional

I was referring to people like you when I said 'normies'.

>> No.25452828

>>25452645
>"With an average APY of 16% on the very low end"
> "and over 800% on the very high end our products " [<-- read 'ultra high risk tokens']

we shall conclude that statera is only for people who want to wait a year to make ~30% and on top of that take the risk of putting all their money into a useless statera token

>> No.25452909
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25452909

>>25452658
He's resorting to arguing with numbers, boys. It's a wrap!

>> No.25452960

>>25452645
btw for anyone else reading this, these numbers are for Delta. Now that Stanos is back (direct pooling of sta in the form of wsta) we should expect even higher numbers, such as we had before the balancer hack.

>> No.25452974

Pool liquidity and the price slowly creeping up. Looking pretty good again.

>> No.25452981
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25452981

>>25450565
If I had to shill STA for a friend would it be truthful to say that it is a way to extract value from crabbing?

>> No.25453020

$240k pool liquidity!
was below 200 when I checked 2 days ago

>> No.25453044

>>25452981
The pools extract value from any kind of action, not only crabbing. Volume farming is the best way to describe. The fees will come in as long as we have volume.

>> No.25453086
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25453086

>>25453020
>He only grows more powerful...

>> No.25453145
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25453145

Based Scott looks out for us after all.

>> No.25453159

>>25453020
Don't forget that liquidity isn't just people pooling, it's also from the assets inside it rising in price.
All assets inside it are currently doing just that.
It's a pity there's not a golden bull-run around the corner, because that would be absolutely insane and semi-illegal for these pools.
Oh, wait... :D

>> No.25453287
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25453287

Funds are safu

>> No.25453331
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25453331

>>25452828
Conclusion:
The APY from earned fees depends on the market factors: total volume and liquidity. If we convert the daily returns to APY, we get that the median APY as 174%. The range of the interval is 20% to 1047% with a 95% confidence interval. This range is so wide because it highly depends on the continued levels of volume and liquidity (which range widely, and with only 90 days can not be perfectly projected to 365 days).

Source: https://stateratoken.com/docs/Statera_Investments_20200910.pdf

>> No.25453391
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25453391

>>25453287
Thanks for this old screenshot. I just sold my house to pool

>> No.25453744

Why is the volume so low? It seems like just a biz traded coin. Good luck trying to cash any gains when the daily volume is $30k.

>> No.25453856

>>25453744
Because it IS a biz coin for now yet stanos is still beating many top Balancer pools, imagine when it grows

>> No.25453999
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25453999

>>25453044
>checked

>> No.25454512

>>25450565
Can someone post the dashboard.

>> No.25454611

frens, my liquidity add transaction is stuck in mempool for 12 hours now, will I be alright?

>> No.25454873

>>25454611
Mempool? Idk go ask in Telegram they know

>> No.25455368
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25455368

>>25454512

>> No.25455674

>>25455368
Boolish as fack.
This one never fails to raise a smile

>> No.25455752

>>25455368
>The Runescape hud
>The Microsoft Word file

Kek. Just noticed these, good shit.

>> No.25456129

>>25455368
They had to find and purchase a thousand of the finest pajeet slaves to work on this for five months straight in the blazing hot Indian sun, more than half had died due to the grueling conditions by it´s completion.
The jeets were forced to write thousands of lines of code every single day and many were tortured or starved to death, everyone talks about the Trans Atlantic slave trade or the Shoah but no one ever talks about the Statera Pajeet deathcamps.
The Statera dev team is currently on trial for crimes against humanity in a Mumbai court.

>> No.25456132

>>25450565
If you know, you know...

>> No.25456361
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25456361

>> No.25456425

>>25456129
I seen a documentary about this the other day on The History Channel.
Harrowing stuff.

>> No.25457105

1.38 EOQ

>> No.25457352
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25457352

>>25457105
$1.38 meme is in Q1 faggot, always was

Posted 10/10/2020, 4 months from there

>> No.25457501
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25457501

>> No.25457502

Hello frens, I have some questions. I bought 6.7k STA in August and I've been hodling since then. Was kinda demoralised after the September crash and didn't want to think about my bags.

1. Is there a lock-in period for pooling?
2. Should I pool ASAP and just make a few bucks?
3. Which pool is the best?
4. Do I need to convert my STA into some other token before I can pool it?

thanks frens.

>> No.25458022

>>25457502

There isn't a lock in-period, but there is gas fees for wrapping or swapping tokens + the 1% burn

I'm not sure if 6.7K is worth the fees but it is up to you, you'll probably have to hold at least a few weeks to get your initial back, i'd just hold

Pools depend on risk tolerance and exposure to STA you want, check the site for the pool types

wSTA. You can convert or wrap, there are guides available if you need

>> No.25458024

>>25457502
Bls resbond

>> No.25458282

>>25458022
Ok. Thanks fren

>> No.25458375

>>25458282
NP, we're all going to make it