/biz/ - Business & Finance

[Anonymous No.23531347]

Shout out to my fellow autistic Statera STAllions. If you are a fudder, you are unironically not autistic enough to see its potential.

[Anonymous No.23531483]

imagine, if you will, a chud with such a low iq that you cant understand why youd want to own statera and be involved in pooling it. sure, link/btc/eth/snx dont NEED statera, it doesnt help them.. but it does help the person holding statera, as long as statera is in the pool the sta holder makes gains, the more people pooling the more the staggot gains. what is statera usecase? to make the statera holder money.

[Anonymous No.23531512]

Statera white paper is awesome but it's the memes that will moon it long term. Keep it up stabros.

[Anonymous No.23531560]

>>23531347
>what is statera usecase? to make the statera holder money.
Have you looked at the graph lately?

[Anonymous No.23531586]

>>23531560

[Anonymous No.23531600]

RENT. FUCKING. FREE.

[Anonymous No.23531612]

>>23531560
yep, still firmly priced above where any smart person bought in

1/2
market cap = supply x price

As an example for 5,000 supply at $2: $10,000 = 5,000 * $2

Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:

1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply to 4,500

2- Ignore the demand/price force for STA’s utility (for now)

Since we are ignoring demand, the market cap will remain the same. This burn will therefore cause price to increase:

10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.

This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.

[Anonymous No.23531619]

[Anonymous No.23531645]

>>23531612
2/2
Now we can talk about STA’s utility: why would people demand STA? What does it do?

Balancer gives a return of 1% of total transactions volume that happened from all the rebalancing. Remember, rebalancing does not only happen from STA’s ripple effect mentioned above, but it also happens when the other 4 coins move in price (which by the way means more STA is burnt). That 1% on volume does NOT mean you get 1% on what you are pooling. It means the following:

Example: if you are pooling $10,000 and there is a total of $100,000 being pooled, with a 24h rebalancing volume of $50,000, then you will receive = ($50,000 x 1%) x ($10,000 / $100,000) = $50. Your daily rate of return is therefore $50 / $10,000 = 0.005, which means an annual rate of return of 0.005 * 365 = 183%. People called Phoenix’s return as scam because they are high, but they are not a scam but actually STA’s genius.

A lot would be very happy with such return, making them want to pool. You would think that as the pool gets bigger, your portion of the reward gets smaller but remember that when people pool, STA is being transacted and burnt, causing the rebalancing volume to rise and therefore increasing the 1% total reward as well.

The Balancer also balances liquidity / fee income demand: if liquidity provider believe they can get higher interest in other defi, they will remove their liquidity from Balancer. But then this leads to an increased fee income to those who have not removed their liquidity (MINDFUCK). Keep in mind all this burns STA as well.

Now add to the above all the demand action from wanting to buy and hold or buy and trade.

Whether you think it has value or not, no one can stop it. People will want to earn high interest income. Balancer will keep balancing. Statera will keep burning. And the tokenomics in my OP will keep repeating itself.

[Anonymous No.23531798]

>>23531600

[Anonymous No.23531948]

SCAMTERA is shit.
>barely 200 lines of code out of which 100 is almost ERC20 standard + MATH library that is implemented in every single erc20 token.
>/biztards think its unique and smart
>literally nothing new proposed in the smart contract, just a deflating token from 2017 era
>retards believe every word written in the whitepaper
>balancer ban, no adoption
>dev team abandoned the project
>a tranny and a nignog in tg channel shilling this retarded shit honestly looking to dump their bags on you fags at higher prices

what use case this shit has, seriously debate me pls and don't post your false promises meme tier shit.

t. staggot bag holder who bought at 8 cents.

[Anonymous No.23531995]

>>23531798
>>23531948

Even though this autist forgot to swap VPNs, he is still not autistic enough to just GET statera.

[Anonymous No.23531999]

>>23531483
Bearish for adoption

[Anonymous No.23532021]

>>23531999

The thing is: it is already adopted. It is already working. Statera owners are already making money. The pool only grows from here. You GET that?

[Anonymous No.23532042]

>>23531995
I don't use VPNS, I am not a
>1 post by this ID nigger
nigger.

Why don't you tell me why I should hold my STA and not dump on your sorry poorfag ass?

[Anonymous No.23532056]

>>23531347
Hey I'm all in favor of WAITING MONTHS FOR A FUCKING TOKEN TO FINALLY GO UP WHEN I COULD HAD JUST BEEN IN AMPL AND THEN YFI AND GOT OFF WITH 100M+ USDs.
But there's simply too many opportunities being wasted. Time is money. If Scott gives the okay for the update and marketing campaign right on election day then I am going to hunt him down together with the canuck tranny and the indian that somehow resides in Africa, but he's Indian.
The biggest scam is wasting your time. Living for nothing is a bigger scam than death.

[Anonymous No.23532076]

>>23531612
>screenshot
>no mention of why people would want STA in the pool
>only how having sta in the pool makes staggots gains
???

[Anonymous No.23532179]

>>23531948
>>23532042
prove it nigger, dump your stack, im waiting. if you have literally no faith in a project you're invested in, you should definitely sell, lets see it

[Anonymous No.23532233]

>>23532056
you couldve been in nvidia, amd, tesla, bitcoin, eth and got off with 100m+ usds, whats your fucking point? this kind of logic is used by people that never get big gains because you pull out too early or are too impatient, i bet you live off your crypto gains and rely on weekly injections of cash, absolutely pathetic. just add this to the list of all the big investments you could've had but didnt because thats what its gonna be to you in a few months, stay poor

[Anonymous No.23532810]

We need a lot more Statera FUD threads on here. People need to know how much of a scam this project is.

[Anonymous No.23532879]

>>23532810
i tell u what the elite pigerz fud group are onto something, flooding the board with fake shill/fud threads to make people sick of seeing them

[Anonymous No.23533073]

>>23531483
The usecase is being able to hold your fund during a crypto boom while also making 100-1000% APY from it. Mind you that during a bullrun the volume spikes as well. It's a no-brainer.

[Anonymous No.23533147]

>>23532076
Read>>23533073

Yes for now it's quite low, "only" 20% APY with this shit volume we have now. Just wait until volume picks up again from the news and especially the marketing. It will spike up gains which means bigger fees which will attract more buyers. which will spike up volume giving bigger fees etc etc. Same thing goes for the 1% burn. It's there because it makes the balancer have to balance STA over and over again. Because when it corrects a ratio involving STA once, it will burn 1%. Now there is an imbalance yet again and it has to buy more STA, it burns 1% of that value... repeating over and over again´. This creates more volume and more fees.

[Anonymous No.23533261]

>>23533147
Balancer banned STA, there is no more balancer.

[Anonymous No.23533329]

>>23533261
balancer has no deflationary tokens on the whitelist, DELTA (50/50 sta eth) is the token balanced on balancer, sta burning happens on uniswap.

[Anonymous No.23533386]

>>23533261
I'm the one who came up with that. The fud is so retarded for those who know but quite effective to keep away new buyers. But sure we can have it as a meme I'm all up for that. Just like the 5 ETH.

[Anonymous No.23533857]

>>23533386
>>23533329

nice fake news and false promises staggots, send link to DELTA token tracker or else it doesn't exist, prove me wrong and im waiting nignogs

[Anonymous No.23533972]

SCAMTERA

[Anonymous No.23534032]

>>23533857
https://info.uniswap.org/token/0x59F96b8571E3B11f859A09Eaf5a790A138FC64D0
will i see your buy in on the tracker in the next few minutes my bro?

[Anonymous No.23534052]

>>23533972
pigerz is dead, confirmed top 10 sta holder, imagine being a free fudder, actually just a minion

[Anonymous No.23534066]

>>23534032
legit. thx brah.
still odd that its named UNI-V2 tho? care to elaborate?

[Anonymous No.23534073]

>>23533972
Not autistic enough. Take him away boys.

[Anonymous No.23534129]

>>23534066
honestly i dont know, why dont you join telegram and ask the team

[Anonymous No.23534159]

Why is all this fud blatantly untrue?

Delta is available for purchase on uniswap and can be minted 50/50 sta eth. Delta is able to be used on the pheonix pool on balancer, albeit with a warning on the pool.

Burn address for statera is not accessible by anyone let alone the team.

The contract can be freely viewed by anyone and doesn't contain any mint function. It is audited by hacken.

Scott is the lead developer, Abu is not a dev just a community manager and Megan is a mod. Scott is building a new project on statera with the aim to increase volume and get more users into the pheonix pool.

The dashboard is practically finished but the release will not pump price. It will merely help new users and ease them into the balancer pools.

[Anonymous No.23534197]

>>23534066
All uniswap liquidity tokens are called Uniswap V2 no matter the project. Next?

[Anonymous No.23534679]

>>23534066
Fuck I remember there was a reason for this but what it was... who knows. Anyways, someone speculated that with the new Dashboard it would be fixed.

[Anonymous No.23534692]

>>23534129
What is pool fee returns? is this the APY?
So the pool APY was 42% on 3rd of October? Correct me if I'm wrong staggots

[Anonymous No.23534696]

>>23534159
>get more users into the pheonix pool

They better not get rid of the Delta pool. It has outperformed Phoenix so far and I want to pool in it next peak.

[Anonymous No.23534766]

>>23534696
What is the link to Delta pool?

[Anonymous No.23534784]

>>23531347
When will this go up substantially . Its just hanging aroudn the same numbers

[Anonymous No.23534795]

>>23532056
>hurr if you had swinged between x and y ponzies you'd be a gorillionaire
not this shit again

[Anonymous No.23534817]

>>23534784
Which is not bad in the current economical landscape. Expect major movent when 2020 is ending. Expect yacht parties when 2021 is ending.

[Anonymous No.23534819]

>>23534784
Someone answer me

[Anonymous No.23534836]

>>23534817
>Expect major movent when 2020 is ending.

Is there an announcement ? What will be happening ?

[Anonymous No.23534937]

>>23531600
Checked

[Anonymous No.23535067]

>>23534836
1) dashboard 2) secret project and 3) marketing

Marketing is what really pumps it. But marketing might come before the secret project

[Anonymous No.23535092]

>>23534159
Statera V4 confirmed?

[Anonymous No.23535153]

>>23534159
>Scott is building a new project on statera with the aim to increase volume and get more users into the pheonix pool.
Was this said in the chinese interview or something? This is pretty exciting

[Anonymous No.23535159]

>>23535092
Could be a competitor to Balancer that works with deflationary tokens.

[Anonymous No.23535194]

>>23535067
>1) dashboard 2) secret project


And they say these will definitely drop EOY ?

[Anonymous No.23535677]

>>23535194
No one knows