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22647352 No.22647352 [Reply] [Original]

To begin this discussion, I will ask, "What is an index fund?"

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK, and SNX all "balanced" with STA. 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 said transaction is burned). This token burn along with tokens being locked in pools, pressures prices up to again make sure the other coins will be balanced, but also creates arbitrage opportunities across funds.
Why is increasing volume, liquidity and arbitrage useful with STATERA?

Well while pooling STATERA you earn a percent of all transaction fees in the liquidity pool. Please feel free to read the medium article outlining the first 2-3 months which came out to be an APY of 36% creating dividends where there were none (https://medium.com/@stateraproject).).

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled by balancing with ETH, BTC, SNX and LINK leads to an exponential effect and positive feedback loop on price. This leads to the concept created by STATERA known as "Volume Farming."
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%. In fact, I own more STATERA than some of the devs.

>> No.22647369

It's getting boring (again). I miss june with all the fucking ACTION

>> No.22647443
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22647443

>>22647352
>>22647369

>> No.22647476

statera is dead, surely u sold at 40cents ... right?

>> No.22647489

>>22647352
I didn't see 37 Statera threads when I got home from work and was wondering where all my STAbros were at

>> No.22647636
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22647636

>>22647489
still here :)

>> No.22647666
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22647666

>>22647489
GangSTA reporting for duty

>> No.22647822

STAggot reporting in, a little fatigued, still /comfy/

>> No.22647847

>>22647822
Got in 30k at 8 cents feeling pretty comfy.

>> No.22647925

>>22647847
This shit NEEDS to dump to 8 so I can swap my UNIs for an extra stack

>> No.22647985

>>22647352
is there a way to see how much Statera is locked up in Delta tokens? Does the delta token appear in etherscan, or is it some other kind of instrument altogether

>> No.22648011

>>22647636
Waiting for the dashboard.

>> No.22648074
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22648074

>>22648011
patience young skywalker

>> No.22648076

>>22648011
We all are...

>> No.22648080

>>22647985
https://uniswap.info/pair/0x59f96b8571e3b11f859a09eaf5a790a138fc64d0

You can look it up on etherscan, but I am not sure it would give you any additional information

>> No.22648217

>>22648080
thanks anon. so if the delta token is 50-50 ratio, and that link shows 714 eth, that means there are 714 delta tokens. what’s the best way to see how much is pooled in uniswap, and balancer?

>> No.22648283

>>22648217
never mind I’m a brainlet, delta token doesn’t require a full eth does it?

>> No.22648305

>>22648283
https://etherscan.io/token/0x59f96b8571e3b11f859a09eaf5a790a138fc64d0

It looks to be 3 million STA in Delta pool, and 21k Delta tokens

>> No.22648346

>>22648305
Can't wait to see these stats on the dashboard

>> No.22648349

who the fuck is dumping?!

its about to go down to 8 cents

>> No.22648559

>>22648349
Nah, it was one guy that sold a smallish stack and he has zero left

>> No.22648665

>>22648305
thanks again. something as simple as the dashboards are going to be a game changer.