/biz/ - Business & Finance

>>19596941
BASED comments from the team

>I think the difference between STA and GBTC is the fact that when you enter the STA ecosystem, you're getting onboard with not just bitcoin, but with arguably the top cryptocurrencies, hence you're betting on cryptocurrency as a concept moreso than on just solely bitcoin or Ethereum. Also, the STA ecosystem itself promotes the growth of the four coins as it constantly buys and sells them, the theoretical perspective being that eventually it creates an equilibrium.
>101 million tokens was the starting supply. I can't particularly answer how tokens being out of circulation appreciate the value of circulating tokens out of fears for speculation. I'm not going to give a random number without any factual basis, however, we can apply the law of supply and demand to get a conceptual answer. Deflation and inflation both work on this concept.

>We're working on the marketing to create that demand, all whilst the supply is continuously dropping. Statera will continue to drop in supply even if all external trading ceased to exist as the Balancer will continue to trade STA to keep the 20% equilibrium, thus in turn burning 1% of every transactional value.

>The marketing is being worked on, I can't make influencers respond faster, I can only control what I can physically do myself. And I can assure you I wouldn't be up at 3:31am if I wasn't working on things I can personally do to impact the growth of this project.

>How do I check TXs?
Statera Token Tracker: https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
Uniswap contract: https://etherscan.io/address/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Balancer AKA Thanos
https://etherscan.io/address/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682
https://balancer.finance/whitepaper

>Scott's nerdy ass tryin to educate you stupid fucks
https://medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d

>For all you Github FUDing faggots. Finally, everyone's ears may yet recover from your screeching.
https://github.com/StateraProject

>Live Sta coinstats
https://coinstats.app/en/coins/statera

>TG Channels
Statera
Statera Price Talk (Unofficial)
Statera Announcement

>What do we do when we hit [insert amazing price milestone here]
Once we hit $1, don't dump your bags like retards, slowly shave off a percent or two once a week, and enjoy the accumulation upwards while reaping benefits along the way.

>>19577741
>not posting the right one

>>19570953
As long as you're buying.

So what's the pool? Benefits of adding to it?

Example:
In the beginning, all of the 5 tokens were worth $1000, so the pool size was $5000.

Now, say all other 4 tokens remained at their old value ($1000 / token), but STA did a x10, so STA value in pool is now worth $10,000.

That's much more than 20% of the pool, so the balancer must balance it out.
Note that now the pool size is $10,000 (STA) + $4000 (other 4 tokens) = $14,000.

So, to balance it out, each token should now have value of $14,000 / 5 = $2800.

To reach this goal, the balancer must sell the excess STA, and that would be $10,000 (current worth of STA) - $2800 (the new target worth of STA) = $7200.

The balancer sells the excess on various exchanges to which it has a trading bot interface to. Currently, it's only Uniswap.
Note that by selling, it performs transactions, and thus burns tokens, so the supply also decreases!

So, now that the balancer has sold the excess STA, it obtained $7200 dollars (say, in DAI coins).

Now, to balance out the other 4 tokens, it must buy $7200 / 4 = $1800 worth of each token.

So, it buys $1800 worth of ETH, $1800 worth of LINK, etc.

In the end, it's all balanced at 20% for each token - all 5 tokens are now worth $2800 dollars each!
And the total pool size remained at $14,000 dollars - so no value was lost!
Plus, you also get the trading fees, which are added to the pool!
On top of that, Balancer is now issuing BAL tokens for all liquidity providers!
You can check what it is all about here:
https://defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/

That's the magic of the balance pools.

So what's the pool? Benefits of adding to it?

Example:
In the beginning, all of the 5 tokens were worth $1000, so the pool size was $5000.

Now, say all other 4 tokens remained at their old value ($1000 / token), but STA did a x10, so STA value in pool is now worth $10,000.

That's much more than 20% of the pool, so the balancer must balance it out.
Note that now the pool size is $10,000 (STA) + $4000 (other 4 tokens) = $14,000.

So, to balance it out, each token should now have value of $14,000 / 5 = $2800.

To reach this goal, the balancer must sell the excess STA, and that would be $10,000 (current worth of STA) - $2800 (the new target worth of STA) = $7200.

The balancer sells the excess on various exchanges to which it has a trading bot interface to. Currently, it's only Uniswap.
Note that by selling, it performs transactions, and thus burns tokens, so the supply also decreases!

So, now that the balancer has sold the excess STA, it obtained $7200 dollars (say, in DAI coins).

Now, to balance out the other 4 tokens, it must buy $7200 / 4 = $1800 worth of each token.

So, it buys $1800 worth of ETH, $1800 worth of LINK, etc.

In the end, it's all balanced at 20% for each token - all 5 tokens are now worth $2800 dollars each!
And the total pool size remained at $14,000 dollars - so no value was lost!
Plus, you also get the trading fees, which are added to the pool!
On top of that, Balancer is now issuing BAL tokens for all liquidity providers!
You can check what it is all about here:
https://defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/

That's the magic of the balance pools.

>>19549772
>How do I check TXs?
Statera Token Tracker: https://etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
Uniswap contract: https://etherscan.io/address/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Balancer AKA Thanos
https://etherscan.io/address/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682
https://balancer.finance/whitepaper

>Scott's nerdy ass tryin to educate you stupid fucks
https://medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d

>For all you Github FUDing faggots. Finally, everyone's ears may yet recover from your screeching.
https://github.com/StateraProject

>TG Channels
Statera
Statera Price Talk (Unofficial)
Statera Announcement

>What do we do when we hit [insert amazing price milestone here]
Once we hit $1, don't dump your bags like retards, slowly shave off a percent or two once a week, and enjoy the accumulation upwards while reaping benefits along the way.

>>19543704
STAstronauts is a good one.

>>19526806

Already there. Can't stop won't stop.

Look at this fucking Chad. I'm gonna get a picture of him framed, put it by my bed and kiss it every night before I go to sleep. When we hit a dollar I'll get the logo tattooed on my ass and post it here. We going to the fucking moon.

>>19526083

No breaks on this rocketship baby.

>What does STA do?
A deflationary Index Fund token.
>Money --> STA --> Thanos burns STA --> Thanos balances Index Fund pool via arbitrage --> STA appreciates

>Won't whales fuck us?
>Money --> STA --> Thanos burns STA --> Niggerfaggot kike whales dump on us trying to swing/FUD/whatever --> Thanos BURNS MORE FUCKING STA --> STA APPRECIATES
Some kikes and pajeets here will FUD and dump no matter what. Thanos will humble them.

>Where can I buy?
Use THIS link to buy STA, none other. Look for "3DeED1" in the link. Check for yourself here: https://stateratoken.com/ --> "Trade"
https://v1.uniswap.exchange/swap/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Where do I see the price?
You can use the same link to swap as you can to view real time data. Just set the input to a stable of your choice like DAI or USDC.
https://v1.uniswap.exchange/swap/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

This is a Uniswap V2 link. Not ideal, but it's an option and useful if you prefer seeing a graph directly from Uniswap. Note that it does not have the same liquidity as Uniswap V1.
https://uniswap.info/token/0xa7de087329bfcda5639247f96140f9dabe3deed1

Coingecko is slow. Take note of the spike on 05/31/20. This is the actual start of STA V3.
https://www.coingecko.com/en/coins/statera

>Where do I put my liquidity?
https://noproxy.pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682

You can also put it into the Uniswap V1 pool, but you will be missing out on more rewards and incentives to come from Balancer: https://twitter.com/StateraProject/status/1267342879682371586 (embed) (embed) (embed)
https://v1.uniswap.exchange/swap/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

https://medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d
>Link to new Medium article on STA, feel free to share
https://github.com/StateraProject
>Official Github
contact@uniswap.org

850 wallets
4 cents
95.1m tokens left

800 wallets

All praise Scott for taking us to Pluto

>>19497944

>>19495802
IT'S HAPPENING

>>19489010
praise Scott

this beautiful motherfucker is taking us to Pluto

>>19482793
>>19482797
>>19482802
>>19482813
>>19482823
>>19482852
got you cucks good
Abu is a guy from the team in the tg,
this is trustless so he has fuck all influence
pic related, Scott, is the guy with the real power on this coin and he's taking us to the fucking moon

>>19479749
this ride has barely even started
it's not too late anon

Get in before it's too late