Statera General - Day 5 - $0.03 edition
Other urls found in this thread:
stateratoken.com
v1.uniswap.exchange
uniswap.info
coingecko.com
noproxy.pools.balancer.exchange
twitter.com
etherscan.io
etherscan.io
etherscan.io
balancer.finance
twitter.com
Praise Thanos
At least copy the op from the previous bread
Previous thread got over 300 replies again. So here we go.
>What does STA do?
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
v1.uniswap.exchange
>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
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
Coingecko is slow. Take note of the spike on 05/31/20. This is the actual start of STA V3.
coingecko.com
>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
v1.uniswap.exchange
>.03 edition
>How do I check TXs?
Statera Token Tracker: etherscan.io
Uniswap contract: etherscan.io
>Balancer AKA Thanos
etherscan.io
balancer.finance
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.
50c EOM. Screenshot this.
Can anyone tell me what happens to the value of the balancer when LINK drops in value?
medium article today
Thanos lead us to glory
I woke up but no dump... guess i have to fomo at the top this time then.
same here. DUMP IT FAGGITS. LET ME IIIIIIIIIN.
we've got a faggot trying to use a counterfeit 20 in the statera thread, all units, i repeat, all units
Bullish af
kek
how much should I add to the pool %wise
Thanks user. I was on my phone and couldn't locate the dead thread
how much do you have?
Hope you guys have your bags loaded up. HODL and get comfy
>price didn't go below 2cents
I'm never selling. I wanted to accumulate a little more, though.
What are you planning to gift your family or friends on Christmas this year by the time it reaches $3? I'd buy a new phone for my dad.
Depends on your holdings, if you got a small stack, then avoid it. Just going to pay a lot in gases getting all 5 tokens, unlocking, etc.
If you got a bigger stack - you could do up to 50%, that way you appreciate both sta gains, add safety to the statera pool by giving more power to Thanos and also get some nice BAL staking rewards once that feature is up
But even something like 20% is ok if you feel more thrill-seeking
if you want to 10x your 10x you statera faggots should be putting your gains into unimoon rn instead of sitting there licking your balls
What is the amount of a bigger sack?
Lol just a new phone? At $3 you should buy the whole apple shop
feels like home in thread about $Statera
I'm so excited about this project
340k+
The BAL aspect sounds cool
Fuck off ranjeet and stop shilling your scams in our shitcoin thread.
i dont know, i feel like id rather not use the pool until later on while we're finding a price range. I dont want to get 20% STA gains while btc, eth, link crab. but i will certainely do the pool in the future
That's a solid amount. Definitely look in to pooling 20-50%. Support Thanos, protect yourself from dumps. Increase the value of your STA holdings in the longer run.
I have 1mln 300k stat bought couple minutes after v3 announcment. Dont selling before 0.5$
Statera clones were ghostiies clones
Same energy they just moved onto the new long shot dream
Coin already maxed out for now may get an exchange bump or two...
But the token has no use case
my village as good as yours sir
You pooling bro?
so bullish on this one, this cant go wrong, 1 m in tha pocket
Not now, but i will propably today, thinking about 300k for the pool
at current rate, you can spend up to 10$ for exchanging all the tokens and depositing liquidity. so depositing at least 200$ should be the goal, so a stack of 30k-50k is minimum imo
I think they are working on one click solution to add liquidity using 1 token only, you could wait for that, as well as that BAL reward release
Keep up the good work user. These daily threads are awesome.
Hype is still not over, it should be clear even to extreme fudders this is not a pnd
732 wallets and counting.
When the medium article is released we take to twitter