[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 75 KB, 869x488, Statera.png [View same] [iqdb] [saucenao] [google]
19490189 No.19490189 [Reply] [Original]

Previous thread got 300+ replies. We've tested the resistance a few times now. Time to push through it?

>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
https://v1.uniswap.exchange/swap/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>> No.19490193

>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

Pool explanation:

Ok, now let's take an 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 (Thanos) 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.

That's the magic of the balance pools.

>> No.19490198

again this scam?

>> No.19490218
File: 94 KB, 1458x847, destiny.jpg [View same] [iqdb] [saucenao] [google]
19490218

>>19490198
I will shred this token to its last atom and I'm gonna really really enjoy it.

>> No.19490267
File: 6 KB, 238x211, 8B2006C5-7E97-434A-ABF0-C82285702593.jpg [View same] [iqdb] [saucenao] [google]
19490267

>tfw you realize Statera bro’s are ESH/Ghost bro’s.

>> No.19490284

Last week was ghost this week sta

Bags to the moon!

You had your pump now be smart and dump


I warned you about ghost every day and got the same name calling

>> No.19490515

742 wallets guys
we better hurry the fuck up I'm thinking 1000 wallets before the end of the day

>> No.19490558
File: 263 KB, 503x670, 1591181358677.jpg [View same] [iqdb] [saucenao] [google]
19490558

>>19490284
I'm curious. What was ghost about?

>> No.19490581
File: 38 KB, 696x693, boring_shit.jpg [View same] [iqdb] [saucenao] [google]
19490581

Come on do something, I want to buy more or sell more. Fucking boring pajeet shitcoin, even swing trading sucks on this shit

>> No.19490601

>>19490581
You must be a special kind of retard to swing trade a pump and dump scam

>> No.19490612

please tell my this not typical PUMP&DUMP token?

>> No.19490624

>>19490601
says a swing trader

>>19490612
read the OP, or search in the archive for the other threads, nones gonna spoonfeed you, do your research

>> No.19490630
File: 72 KB, 800x732, 1520596752_FeelsBadMan.jpg [View same] [iqdb] [saucenao] [google]
19490630

bros have the pajeets started hijacking these threads? They were really comfy and white for awhile too...

>> No.19490660

>>19490630
It's because burgers have yet to wake up, so FUDders are trying to lower the price so they can buy before that, it's typical

>> No.19490751

>>19490601
If I'm trying to make money by participating in ponzi schemes and discussing it on autistic forums like this, I believe that is the logical next step, yes

>> No.19490760

>deflationary
OK, so you admit it's a scam with nothing of value.

>> No.19490858

>>19490760
It's an index fund

>> No.19490913

>>19490581
Wouldnt swing trade on this one anon, you wont win.....
For me it wasnt boring anon, gave me 20x

>> No.19490934

>>19490760
Yes sir its a scam.....yur iq is too low anyway to understand thats its not a scam

>> No.19491025

>>19490601
STA is no PnD, more like a ponzi...
I still want to believe tho

>> No.19491075
File: 198 KB, 748x748, 1590531959002.jpg [View same] [iqdb] [saucenao] [google]
19491075

>>19491025
Are index funds ponzi schemes?

>> No.19491091

>>19491075
kind of, but atleast they beat inflation tax.

>> No.19491117

>>19491075
Dont get me wrong, I do have my bags and want it to moon.
Just hope Abu has what it takes to push this good idea forward

>> No.19491119

>>19491025
I've never understood the ponzi scheme thing with crypto. On a basic level it technically is, but you're forgetting that the total level of money in the economy is not standstill. The whole basis of a ponzi scheme is that it's not sustainable (i.e. pyramid scheme), but the endgame is that a crypto will slowly accumulate value based on the total value in the world.