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File: 133 KB, 731x796, stonk_icon.17604b7c.png [View same] [iqdb] [saucenao] [google]
20090193 No.20090193 [Reply] [Original]

Looking to buy some.

The value of this token is tied to the underlying assets in the balancer pools right? So the price will match all those assets with people arbitraging?

If this is true then pajeets can't pump and dump and this has way less risk than most of the shit posted here? Or am I missing something and the price of STONK does it's own thing?

>> No.20090248

>>20090193
STONK shit
Crypto good

STONK crash because of virus
Crypto rise

C in crypto stands for chad
S In STONK stand for simp

>> No.20090250

>>20090193
yes sir you must buying stonk pls sir do the needful , i want to be one of the stonk in the world sir you must buy the stonk for vishnu. this i have

learned from the stonks I am buying stonk sir.

>> No.20090288

>>20090193
Just learn AMPL instead you brainlet this shit is a scam.

>> No.20090316

STONK is LITERALLY a useless token now that it's no longer deflationary.

If you want to invest in a deflationary index token, go for Statera which is still deflationary and has overcome the issues with Balancer.

The STONK dev panicked and put out a short-term fix which has ultimately destroyed the project

>> No.20090381

>>20090193
Buy Statera the OG project.

Statera is stronger, in the long run you will be in for huge profit as the token is deflationary.
Just compare the pool of both the project and decide for yourself.

>> No.20090543

No one answered my question and instead just shilling STA. Should have expected this.

I don't give a shit if STA kept it's deflationary function or can make more money long term. I am curious about STONK for another reason right now.

>> No.20090593

>>20090543
Can I ask for what reason anon?

The value is NOT tied to the value in the balancer pool per se, however if the value of the underlying assets goes up then the bot will buy more STONK. The opposite for if the value of the assets go down.

Bear in mind, if the pool is small, like it is now, this won't have much effect on the price at all. The pool would need to be in the millions to make a significant difference. At the moment it has no more purchasing power than a medium sized whale, and also bear in mind those purchases are spread across the multiple assets in the pool

>> No.20090619

>>20090193
Simp coin

>> No.20090655
File: 160 KB, 484x274, madstonks.png [View same] [iqdb] [saucenao] [google]
20090655

>>20090248
>>20090288
>>20090316
>>20090381
>>20090619

>> No.20090666

>>20090543
The pooling is explained on the website along with media links. Stonk.dev
Not part of the project but have been pretty impressed with it so far and made decent returns on uniswap liquidity and the token itself. It really does seem to draw interest by itself without all shilling.

>> No.20091561
File: 37 KB, 748x536, thumbnail (1).jpg [View same] [iqdb] [saucenao] [google]
20091561

>>20090193
careful with the devs and community something isnt right

>> No.20091586
File: 183 KB, 1080x1080, 14D2F230-107B-40C9-BD1B-8F9A9BB0D4AA.jpg [View same] [iqdb] [saucenao] [google]
20091586

>>20090193