Statera | Buy the dip Edition

New thread, other reached 300+ again.

Holy shit you jeets, don't make me regret spending my time on this. We need a proper /STA/ General copy pasta, so here it is. Also, (OP)
didn't know they were being a fag, but the dev's updated their website, and now that spelling error is fixed.

>What does STA do?
It's a fucking money printer. AKA a deflationary Index Fund token.
>Money --> STA --> Thanos burns STA --> Thanos balances Index Fund pool via arbitrage --> STA appreciates

>Won't whales fuck us?
>Money --> STA --> Thanos burns STA --> Niggerfaggot kike whales dump on us trying to swing/FUD/whatever --> Thanos BURNS MORE FUCKING STA --> STA APPRECIATES
Some kikes and pajeets here will FUD and dump no matter what. Thanos will humble them.

>Where can I buy?
Use THIS link to buy STA, none other. Look for "3DeED1" in the link. Check for yourself here: stateratoken.com/ --> "Trade"
v1.uniswap.exchange/swap/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Where do I see the price?
You can use the same link to swap as you can to view real time data. Just set the input to a stable of your choice like DAI or USDC.
v1.uniswap.exchange/swap/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

This is a Uniswap V2 link. Not ideal, but it's an option and useful if you prefer seeing a graph directly from Uniswap. Note that it does not have the same liquidity as Uniswap V1.
uniswap.info/token/0xa7de087329bfcda5639247f96140f9dabe3deed1

Coingecko is slow. Take note of the spike on 05/31/20. This is the actual start of STA V3.
coingecko.com/en/coins/statera

>Where do I put my liquidity
noproxy.pools.balancer.exchange/#/

You can also put it into the Uniswap V1 pool, but you will be missing out on more rewards and incentives to come from Balancer: twitter.com/StateraProject/status/1267342879682371586
v1.uniswap.exchange/swap/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

Attached: STA.png (316x260, 41.38K)

Other urls found in this thread:

etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
etherscan.io/address/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
etherscan.io/address/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682
balancer.finance/whitepaper
pastebin.com/gkvupPJX
noproxy.pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682
twitter.com/AnonBabble

>How do I check TXs?
Statera Token Tracker: etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
Uniswap contract: etherscan.io/address/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

>Balancer AKA Thanos
etherscan.io/address/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682
balancer.finance/whitepaper

>What's with the different versions of STA?
The contract had some teething problems. It has a retarded cousin named STAC that was for used for weak hands to sell when Uniswap V2 was fucking up the original contract.
STA V1 was deprecated when the current STA V3 dropped.
IF YOU DON'T HAVE STA V1 OR STAC JUST BUY FROM THE LINK ABOVE.
If you're coming out from under your rock/corona bunker you can DYOR and use the Balancer link above to withdraw the liquidity that was airdropped to you. Or leave it in like a chad and buy some fucking STA V3 from the link above.

Pool explanation:

Ok, now let's take an 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 (Thanos) sells the excess on various exchanges to which it has a trading bot interface to. Currently, it's only Uniswap.
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!

That's the magic of the balance pools.

get it listed on IDEX

Now for who just cried "omg dip". Someone moved around about 1.1M worth of STA and dropped them into the balancer pool.

As of right now, before the peeps at balancer introduce the fantastic 1 click option for 5 tokens, the fastest way is to uniswap STA for the other 4 needed. So it was, under all perspectives, a 1.1M sale. Buy the dip.

its literally dumping

I'm in. Let's go

developer himself said he prefers Binance over IDEX, so no

well, fuck it...

the big B is way better, lets make it happen

New mascot no contest

Attached: yiffy_arbitrager.jpg (636x968, 47.29K)