If you’ve been on this board the past week or so you’ve might have noticed that we have had multiple Statera threads that have breached 300+ replies. You should also take note of the relatively organic and quality of discussion taking place. This is the true power of Zig Forums.
>What is Statera?
It’s a trustless deflationary token with index crypto fund backing.
>Que?
There’s a pasta that another user wrote a while ago that does a good job of explaining it and will be posted shortly. We are currently under 500 address holders and the top wallet holders aren’t gonna DAMP on you because the distribution is relatively even.
Everyone is panic dumping, fucking amazing. When this happened yesterday, I seriously considered it since it went down 50% in one big dump, but then it recovered and I'm up 250% today. Keep dumping weak hodlers and whales, push me to the top 50.
Julian Adams
tf people panic dumping. look at the coin dumbfucks, its designed to only go up
Parker Walker
will it dump further or buy now, what do you thnk?
Oh nonononnono I wanted to buy the dip but it's already going back up wtf literally no time to send the money fast enough
Luke Hughes
whoops, you missed 0.0000051 eth see you at 0.0000096
Ian Howard
Sorry for the delay on the rebaked pasta.
>There are two aspects to this token. 1. Token burning. Every transaction has 1% of tokens burned forever, permanently diminishing supply. In the first 2 days, over 4 million tokens have been burned of the 101M starting supply. This makes your tokens more valuable, as obviously there's less, and rewards holders instead of swing traders. >2. There's an AI that has control over a balancing pool. It will buy and sell Sta to keep price more stable. To be more precise, it has its own wallet/pool of 5 tokens - BTC, ETH, STA, WSC, and LINK. It is coded to keep these tokens in constant balance no matter what - i.e. if BTC raises in value, it will sell some of the BTC to get ETH, STA, WSC, and LINK such that the BTC in the wallet is equal in value to each other coin in the wallet. >This means if STA price drops, it will sell the other coins for STA. If STA price raises, it will sell STA for the other coins. This is good for a variety of reasons. The AI is a direct competitor to swing traders, discouraging the dumps and pumps that always come from that. It also helps negate dumps in general, as it offsets the loss from a large sell. This combined with the 1% token burning makes dumps almost beneficial, as it's practically guaranteed to bounce back eventually and burn tokens in the process. >The AI's balancing pool is also a liquidity pool, which is brilliant. I recommend looking that up if you don't know how those work. And as with all uniswap-type coins, people can provide liquidity to the pool (i.e. adding all 5 tokens equally) for a share of the pool and get a percentage of transaction fees (the fees separate from the 1% burning).
Jonathan Myers
I'm all good user I bought in at 0.0000015 eth
Aaron Carter
If I dump like 5 grand into this that’s like a quarter of the daily trading volume. When does the pump end and the dump start is the question
I'll start siphoning off STA into my LINK stack once we get to a dollar. Very slowly of course
Logan Murphy
i am gonna buy the next dip
Henry Collins
what a time to be alive I love you all
John Richardson
Guys I'm gonna cry, if it goes to 0,50 cents I'll have made twice the money I made yearly. 1$ and I leave my fucking wage cage
Joshua Kelly
If it hits $1 it's hitting $100
Jayden Powell
this
Parker Wilson
$100 is fud
Carson Scott
Lol good luck eating the dip lads.
Camden Bailey
1$ would be yearly wage for me. Sounds good.
Ryan Jones
Remember, don't dump at once.
My goal: >STA hits $1 >Start selling 1% a day of my holdings >If I see everyone is dumping, I wait until the balancer takes over (at $1 it might take an hour for it to balance out, it took seconds two days ago, and minutes today). >Rinse and repeat and then hold 50% of my holdings in an index fund for life. I come out at 100x and I have 50% left which I'll dip into if times get tough. It's literally an index fund.
a fat, autistic swede regularly dumps while grayon eating marines happily use these dips to accumulate more
Ryan Thompson
You can tell when you need to sell a little when you get euphoric I've had that feeling multiple times already but I'm holding steady for the $1 mark Very comfy hold
Cooper Lewis
can somebody explain the balancer more in details?
specifically, why can I add a single token to the pool? do I have to add the same amount of all of them?
Joseph Nguyen
Same exact plan except I was dumb and didn't buy much even if I was early as fuck so I'll need more to live off of, but that's be a fucking legit start. I'll withdraw 30k and let 47k in the pool and then see what happens
Can you link the pool, on mobile and sending to a friend. I'm also trying to figure out whether pooling is worth it. I don't want to get hit by the bot.
Jose Perez
also, where are you phags monitoring the price?
Lucas Bell
thanks brah
Anthony Jackson
I would like to know as well
Jace Reyes
uniswap v1
Jackson Adams
when do we start shilling? until Zig Forums loads their bags?
