Statera - Day 4: Jannies Deleting Edition

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. 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!
On top of that, Balancer is now issuing BAL tokens for all liquidity providers!
You can check what it is all about here:
defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/

That's the magic of the balance pools.

You've got time, user

its not too late to hop on the train jannies

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ELEVEN CENTS

11 cents. EOD predictions? $0.22?

Once we broke 10 11 was nothing. Matter of seconds

FUCK WHEN IS IT GOING DOWN AGAIN I WANT TO BUY

Chris where the fuck are you when we need you

Only if it dumps to 0.00003 again

Then I can get my stack back with my 7x gains

good call user see you never

TO BLM NEW user

this is for an user i was speaking to in a BLM scamthread about carefully investing and sticking to stuff like statera

telegram is a app you can download on your phone.
many crypto projects utilize it to build community, share updates, and allow you to chat with anyone from the developers of the projects to the CEO.
Statera has a telegram download the app and go here:

stateraunofficialpricegroup

searching this or the other group will allow you to join in and talk to other people in real time.
it’s pretty much an instant messaging app popular to crypto.

facemelter gives leads every couple days/ a week, unlike other guys who provide leads he doesnt ask you to pay him anything and he alleges that he doesnt buy it before making the call.
all that said don’t trust anyone.
be shrewd and careful, test everything including my claims (i’m speaking truthfully to you) and minimize risk.

YEP fucking later kid cya next life

>facemelter gives leads every couple days/ a week, unlike other guys who provide leads he doesnt ask you to pay him anything and he alleges that he doesnt buy it before making the call
>mfw everything he calls has been accumulated by him for literal weeks

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Healthy correction just occurred, boys I think 10c might actually be our new low.

>normies shilling blm members
b-bullish?

>been accumulated by him for literal weeks
How do you know though?

pls keep dumping. i need to buy more. i have a measly 8k stack, i’m not going to make it.

>alleges

I've been in his telegram, I've seen the charts when he makes his calls. Maybe they're not all the same, but from the one's I've seen he definitely didn't just find them and not buy. The volume is telling when someone is accumulating.

Wouldn't this effectively kill crypto? if all the coins are locked at the same price

going to bed. will be up in 7 hours.
dubs decides the price when I wake up

Kek these based retards in the unofficial tele

1/2

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When it goes down at all it’s down for like 15 minutes

It just dipped from 11 to 9 a minute ago and now it’s back to 10 and rising. If you want to get in, you might as well get in now. A crypto YouTube just entered the telegram- this is going to start getting much more attention soon.

Bring Evan to biz
We need some new retarded fud

6,600. I’ll take it

lel

>00
well i guess i can load up an infinite amount

2/2

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This is such a brilliant idea but there’s gotta be a catch. It can’t just go up forever. What is realistically stopping Thanos from propping the price eternally? I genuinely don’t understand

lmao wtf are they geting our fud from 12 hours ago?

oh does this mean I decide it? .122 it is

I can't really blame him, imagine finding STA on ico and not buying until the next day. Fucked up to make people think that you don't do that though, just be honest if you want people to trust your judgement

>It can’t just go up forever.

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Nothing. We’re going to be rich.

thanos is not what's making the price go up so much, user

I'm still taken aback by how damn fast the price bounces back. I'm sitting with another eth to throw in but the dips end in a blink.
I truly have no idea anymore user,.what is to stop it?

I pooled 10% (30k), now what?

I made a retarded joke that the price can’t rise any further when it hits a $10m cap because of the gulp function and these retards believed it

Conservative but still very bullish, I'll take it

Now you're getting it user
lmao

fuck here's another ATH fffUUUUUUUUCKKKKKK

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I'd be almost at the 100x now, instead of just 7x

No, I know people buying the coin makes it go up. I mean, what is stopping Thanos from propping it up forever? There must be some mechanic by which the coin can permanently decrease in price, right?

12 cents?
It just doesn't stop