[ 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: 101 KB, 1831x888, 1_Lt2mNqIP_KHvHqyWNbCGPw.jpg [View same] [iqdb] [saucenao] [google]
21305073 No.21305073 [Reply] [Original]

Annnd were back

>> No.21305864

>>21305073
We never left. NOT FUCKING SELLING. What is an index fund?

An index fund is a fund that can track and adjust a specified basket of underlying investments. In this case: BTC, ETH, LINK all balanced with STA (https://www.youtube.com/watch?v=QzNhe5Hd0do)) [Open].

The rules are that these coins are set in a 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). 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 (https://medium.com/@stateraproject))

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

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

>> No.21305901

This is one of the comfiest holds

>> No.21305926

New ATH today? Looking VERY good, fud campaign dip to 16c eaten up like fuders eat their own shit cause they are so poor.

>> No.21306020

>we never left

Absolutely this. The dip was still above the previous ATH, lmao

Higher lows, more volume and more holders = a fucking amazing few months ahead.
More exchanges to come, more marketing, the Statera ecosystem is getting more recognition by the day.

Oh, and there's the small matter of that tiny refund on the way...

>> No.21306590

>>21306020
Not to mention all the burned tokens from all the volatility :)

>> No.21306683

Surpassing ripple in usd over and over again just to flex. I love STA for this reason. I hope we go from 25 cents to 33 cents back and forth for two weeks straight solely to fuck with XRP cucks

>> No.21306699
File: 452 KB, 600x554, ath.png [View same] [iqdb] [saucenao] [google]
21306699

>>21305073
ooooooo