[ 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: 536 KB, 2320x3088, 1592235788649.jpg [View same] [iqdb] [saucenao] [google]
29429925 No.29429925 [Reply] [Original]

I am back Staggots.

Thanos Power @ Over 340k $

>Space Stone - $200k Liquidity ACQUIRED
>Mind Stone - $400k Liquidity ACQUIRED
>Reality Stone - $600k Liquidity ACQUIRED
>Power Stone - $800k Liquidity ACQUIRED
>Time Stone - $1,000,000 Liquidity ACQUIRED
>Soul Stone - $1,500,000+ Liquidity


>What is STA?
A deflationary Index Fund token.
>Money --> STA --> Thanos burns STA --> Thanos balances Index Fund pool via arbitrage --> STA appreciates

>Where can I buy?
https://app.uniswap.org/#/swap?inputCurrency=0xa7de087329bfcda5639247f96140f9dabe3deed1

>Where do I put my liquidity?
https://pools.balancer.exchange/#/pool/0x55353cbadda8fd525f0e6f307b3527d518416700/

>> No.29430029
File: 111 KB, 528x879, whicha.png [View same] [iqdb] [saucenao] [google]
29430029

So what's the pool? Benefits of adding to it?

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 sells the excess on various exchanges to which it has a trading bot interface to.

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!

All this trading = more volume = more fees = more value = more balancing = more volume =

>> No.29430202

>>29429925
I own 1.3 million STA and your tattoo is gay as fuck

>> No.29430211

>>29429925
You could have tattooed a Rubic but you marked yourself with a tranny scamcoin

>> No.29430398

>>29429925
This isn’t real right?

>> No.29430881
File: 160 KB, 1430x1074, 1592251510911.jpg [View same] [iqdb] [saucenao] [google]
29430881

>>29430398
of course it is

>> No.29431542

Was told 1.38 February
I was clearly lied to