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21178222 No.21178222 [Reply] [Original]

>he STILL doesn't own any Statera
It almost like you enjoy being poor

>> No.21178337

>>21178222
the dev is a tranny and your digits are wasted. sage

>> No.21178437

>>21178222
CHECKED
BASED
REDPOOLED

Info pasta:

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever a STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

So why is it low at only a 5-8million mcap right now?
STA was used by balancer labs and someone hacked the % exploit from balancer. This was balancer's fault but they used STA. Balancer and STA are refunding this.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

A lot of us are OG link marines who bought at 0.20 and hold STA to keep our linkies safe and stable. That is why the STHANOS memes and King of DeFi are so rich :)

>> No.21178476

Imagine not having at least 10k to ride

>> No.21178566

>>21178222
Checked, nice trips, STA holders will make it.

>>21178337
>the dev is a tranny
No he isn't, the alleged tranny isn't one of the devs, pretty sure he's just a mod in the telegram or something, wouldn't know because I'm not in it. Either way I've said it before, I'll say it again, the fact that a tranny is involved in helping anons make it and making people that abhor trannies rich is a great irony of clown world, embrace it. It probably makes him seethe inside that we found this.

>> No.21178682
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21178682

>>21178222
Checked and truthpilled