/biz/ - Business & Finance

>not work at all
>its a headache
>token not needed

>>24147202
2/2
Now we can talk about STA’s utility: why would people demand STA? What does it do?

Balancer gives a return of 1% of total transactions volume that happened from all the rebalancing. 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 (which by the way means more STA is burnt). 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 as scam because they are high, but they are not a scam but 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.

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.

Now add to the above all the demand action from wanting to buy and hold or buy and trade.

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 OP will keep repeating itself.

>>23961052
>noone can take anything except the people that put it in there
what part of this isnt going through your english->hindi translator you streetshitting pajeet

>>23386659

>>23372667

>>23348487
u bought in at 20 cents? hahahahahahah literal fomotard seething that he lost his pennies. buy back in now while you still can before it hits 20c again

>>23330173
>>23330347
bro do u understand what immutable means? statera is a finished product, what kind of building or development do you want to see? theyre building a community and taking advertisement opportunities (like the digifinex ama) whenever they can, theyre developing something else but we dont know what it is yet...

>>23208153
xD

>>23181727
>>23181742
>>23181766

>>23171485
dogecoin is still a top50 coin, literally any coin could become top 50 because noone actually understands what the fuck theyre investing in, you already know this so its a waste of time explaining it to you. just cant figure out why ur so butthurt over something ur not invested in. read some books then try to interpret the information in the whitepaper again chump

>>23164957

>>23157908

>>23116283
it just works