Statera Day 5: Calm before the Storm Edition

Over 6 million tokens have been burnt, never to be seen again. Based Sthanos.

>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/ --> "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/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682

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 (embed) (embed) (embed) (embed) (embed)
v1.uniswap.exchange/swap/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d
>Link to new Medium article on STA, feel free to share
github.com/StateraProject
>Official Github

Attached: logo.png (1694x1694, 233.98K)

Other urls found in this thread:

etherscan.io/token/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
etherscan.io/address/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
etherscan.io/address/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682
balancer.finance/whitepaper
medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d
github.com/StateraProject
defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/
twitter.com/NSFWRedditVideo

>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

>Scott's nerdy ass tryin to educate you stupid fucks
medium.com/@stateraproject/statera-an-indexed-deflationary-token-dfb818abd61d

>For all you Github FUDing faggots. Finally, everyone's ears may yet recover from your screeching.
github.com/StateraProject

>TG Channels
Statera
Statera Price Talk (Unofficial)
Statera Announcement

>What do we do when we hit [insert amazing price milestone here]
Once we hit $1, don't dump your bags like retards, slowly shave off a percent or two once a week, and enjoy the accumulation upwards while reaping benefits along the way.

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We're back, you glorious bastards

this has definitely peaked at 10mil market cap lmao, moved my bags to UniPower thanks biz

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I withdrew 1% of my statera stack to put 2eth on this trash and all it's done is gone down 5%. Wholeheartedly regret it.
Better luck next time.

Np bro, hope you got enough to buy that rope

Do you think burgers will sell or buy when they wake up?

I've spent the last three days cooming after work when I check the price, I hope today will keep the trend up

If you don't have a bag. NOW is the right time.

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.

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Best investment IMO.
Thanos will make us happy
I have one question about STA.
Does my LINK stack also grow if I use the balancer?

Isnt it like day 6 now?

Yes.

Wow $64,000 volume. The scammers behind this are making whole hundreds of dollars!

I put 50 more eth in last night. this thing is going to the moon today

Remember the 6 million tokens burned
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>
3
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correct volume is about 2M in 24 hours but sucks you missed the train and still try to fud with this no volume" bullshit kek stay poor pajeet

This is bitconnect level stupidity.

?

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How much is 4000+ eth user

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I'm gonna ask again here just in case, any french user who's declared their crypto gains for taxes? I just started reading about it since I'm making some serious cash here and it looks like a trap to take all your fucking money if you make a single mistake filling your hundred forms

The price dropped to near-zero while v1 was retired and v3 was not hooked up yet.

this is the actualy beginning of v3 hitting the market, user

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Is this a furry approved coin or did the Twitter furry reject it? This is extremely important as furries have lots of money and it being shilled on furry sites would cause it to moon even harder.

I've seen it lower than that in the first day

Furries like to ride rainbows to the moon so I believe yes

Yup that's coingecko interval charts for you, but it's just to give a rough idea

What happens if, say, SAI dumps to zero, will the balancer kill itself because it cant make zero be 20% of the pool?

Now, say it doesn't dump to zero but 50% of its value. That makes SAI be only 10% of the pool, will tbe balancer buy a shitload of (currently dumping) SAI to compensate to 20%?

Seems risky to have a literally who? Currency in the pool...

its doing the exact same thing as the other dumps......at 10 bucks and at 10%tokens burned this thing is at roughly the same mcap at hex and this project is way more trustworthy

YOU JUST WIN

What the fuck is zumzoom? Show the volume on uniswap (you won’t because it’s the same amount shown on gecko).

what was that

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So its over then?

if not bait: uniswap v1 still lacks an info page, and coingecko pulls from another tracker which pools from v2. They're working to get it fixed.

if bait and low tier fud: kys

I'm French too, and reading about the new rules applied in January 2020 is making me puke. I never declared gains, and now we apparently have not only to take note of every transaction but also of every single foreign account? They take 30% of every gain? If you don't comply, enjoy your 1500€ by each account you FORGOT TO DECLARE. The absolute state

I'm personally only planning to name kraken, coinbase, binance and bittrex. But it's especially important to name the ones on which you put your actual ID, we never know if the tax men can access this data or force coinbase to comply. I hate this timeline

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Uniswap is working with STA devs to have the volume compatible with their website, it'll be going on uniswap.vision as well soon, dumbshit fudder.
What the fuck is SAI? Learn to read the balancer bro.

Just don't declare anything and pay the fine that's what I'm bout to do.

DAI, slightly drunk Ausfag here

>we don't support crypto
>oh but we will tax your gains bro :^)
Bunch of thieves desu. Just put some aside and pay the fine.

>slightly drunk
damn user you wasted
the balancer uses
BTC
ETH
LINK
STA
SNX

hello frenchbro
Belarus doesnt have crypto gains tax
FYI

Kill the government and have the world run by Cryptomoguls at this point honestly bros.

>Uniswap is working with STA devs
Hahahahahahahahahahahahh I can’t believe people actually fall for this shit.

Yeah, and if I understood correctly you have to know the exact price of each token for each transactions and whatnot. Seems legitimately awful and designed to drain us of our cash. The account thing isn't too bad, I don't have that many, but declaring every transaction unless you want a 250 euro fine per mistake seems like a proper gain killer. I've seen there are sites that can track all that for you, this would be my best bet I think. If I do it myself I'll forget stuff and get fucked by this shitty state. Half of Europe doesn't tax crypto but of fucking course we had to take things too far the other way around

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