It took me almost two weeks to fully understand the sheer scale of what this token and its simple function are about to achieve in the cryptomarket. I only threw about $200 worth of ETH in it 10 days ago, and I am now considering to add $750 in it which is half of my salary this month. In the past few days we've seen a little bit of what Statera was able to accomplish with only ~$350k available in the pool, still growing as I type this post.
Adding liquidity to the pool not only helps strengthening the project, but literally protects your money even in the case of a dump - and I'm not talking about Statera alone here. If Statera goes down while the others stay static, you win. Even if all of the tokens in the pool were to go down, the value of what you've put in the pool would REMAIN THE SAME thanks to the balancer. By now, YOU LITERALLY CANNOT LOSE MONEY IF YOU DECIDE TO PUT YOUR MONEY IN THE POOL. Your gains in STA will be smaller if the tokens moons, BUT YOU ARE STILL MAKING CERTAIN, ALBEIT SMALL, POSITIVE GAINS NO MATTER WHAT HAPPENS ON THE MARKET. (Unless if everything crashes but you'd have bigger things to worry about than crypto at this point.)
Now let's talk about the "optimistic" scenario in which a new crypto bullrun happens after BTC breaches the $10.5k resistance for example, going beyond and above. The balancer/Thanos would have to mainly buy STA in order to keep that share of 20% among all of the five tokens in the pool, raising the price by doing so. Combine that with the percentage of total supply that gets burned every single time a transaction occurs and how many people will join once this hit a CEX, I am not exaggerating when I say that $100 per token by the end of Q2-Q3 2021 is actually a possibility.
Statera is basically the answer to the "crypto is too volatile" problem, but also keeps the massive crypto gains factor. Nobody can lose as the whole program cannot be tampered with now and is only getting stronger.
Either you sir, are a mad man or a genious. I hope for the latter, but I'm afraid to invest more in this also.
David Young
Goddamn. I should have been paying more attention to this.
Adrian Long
>YOU LITERALLY CANNOT LOSE MONEY IF YOU DECIDE TO PUT YOUR MONEY IN THE POOL
user, only true if they had a fiat pegg'd token in there. Let's say you have an equal share of 20% each of 5 tokens. if the overall $usd value goes down of those 5 tokens your USD value goes down, plus all txn fees trying to balance on the way down in USD value. Read a little more OP, I think you close to understanding it.
Lucas Bailey
I’ve been quietly watching this. I got in early, as in, right away. Even at 4c I turned $1100 into 5k. I haven’t sold. I’m not even going to remove my intial investment, I did the maths. People can say what they want, I think the devs had a really great idea and executed it without realising just how good an idea it is. It’s gotten much bigger much quicker than they thought it would and where I initially thought I’d be lucky to hit $1 on this, I’m not even considering selling at $1 now. This is a long term hold and I really do think this could go $100 plus.
Eli Robinson
The 4 hour macd is on the verge of flipping. I'm not one to push a fomo narrative but if you haven't bought a bag by now you might now be seeing these low prices for too much longer. $1 is fud
Isaac Diaz
>all these 100$ posts
Stop it anons, I don't want to get my hopes up. That'd be 7.7 millions for me, 5m after taxes. Fuck you money and some more
I'd love to believe but I can't be this lucky
Jeremiah Ramirez
I think what OP is saying is if you are investing in crypto this is a easiest place to put your bet. Of course if Tether implodes and all of crypto dies so will STA.
Lucas Walker
I agree.
$1 will be nothing, you only have to look at the pool to see that.
Alexander Wood
It’s bomb with a balancer pool which they didn’t even invent
John Gray
How soon do you reckon till flip?
Charles Clark
Pretty much. If you've paid attention to any of the top wallets over the last week you'll notice the number of millionaires have gone way past the top 10 now, the growth of the top 15-50 holders are the most noticeable. Whales love crabbing season because they can set the prices at almost no risk, but it fucks the rest of us who can't get a significant return without the risk of swinging 50% our stack just to get it eaten up by a whale immediately. Hoping the audit + centralized exchange will bring in enough new money that it's too risky for them to keep swinging. There is no selloff though, which is a good sign. Just accumulating... on wallets that have already taken their initial out and often 30+ ETH profit. They are not in any rush to sell any time soon.
Nathaniel Moore
Thanks for the input, Steve
Ryan Martinez
That may be so, but at this stage it actually doesn’t matter they didn’t invent it.
The idea of combining the two is really clever, and it’s grown way beyond what I ever expected when I threw my few ETH in an hoped for the best. This is the S&P 500 for crypto. It’s the first one of its kind and the pool is getting larger every day.
Bentley Gonzalez
Its not on cmc yet? Where do I buy?
James Allen
So? They put them together in a novel way. DeFi has earned the nickname "money legos" for a reason, you don't need to create entirely new tools to build new financial products.
Chase Rivera
I guess when you are a poor unemployed nigger you have heaps of time to spam biz with an endless number of shitcoin shill threads. Give it a rest, cunt. I am sick of this fucking bullshit
Aiden Hill
Uniswap. Enter this contract for the output 0xa7DE087329BFcda5639247F96140f9DAbe3DeED1
New exchanges are in the works
Jace Thomas
Listen man, we’re past all this. You don’t want to buy in - cool. That’s honestly no problem. But this is clearly a legitimate project, the first of its kind. Either get in of GTFO this thread.
Joseph Barnes
Also check new cryptomoonshots thread nigger whales how been suppressing price so they can accumulate. Faggots wont be doing it for much longer i reckon
yeah just saw that thread and now i see this, i’m glad that we are understanding what the top wallets are doing, they are clearly accumulating so it’s good to know they are betting on this going up
Cameron Phillips
They will keep trying this as long as it's profitable sadly. The margins are getting tighter and tighter every day for the 4-6c crab but eventually they are going to be paying more on uniswap + gas fees so while they'll give it up and let it go to 7-8c naturally there will be more shakeouts like this until audit / new exchanges = volume they can't control without risk. Expect one more major dip as 10c entry wallets take their initial out and some profit before 20c but once it hits exchanges it is going to be completely out of control of anyone as nobody has enough sta to influence the price more than 4% themselves.
Jaxson Campbell
>it is going to be completely out of control of anyone as nobody has enough sta to influence the price more than 4% themselves.
FUCKING THIS.
Joshua Mitchell
STA IS NEXT LINK IF YOU CANT SEE IT YOU ARE BLIND
Henry Clark
And it’s fucking 4cents. Buy 1000 for 40 bucks and you’ll see good returns.
Caleb Moore
THIS
Dylan Morales
I crashed the price like 10% by selling a few days ago lol. Most big holders can't even cash out without like 50% slippage.
Gavin Harris
No you didn't
Colton Sanchez
Yeah... I had about 130k and I sold within the span of a few hours because it was obvious it was about to dump. The slippage was over 10%, and so the price dumped by over 10%. No liquidity. All the "super bullish" whales are just shilling to try to get more liquidity to dump their bags before it crashes even lower. They're not selling because they can't sell, not without losing vast amounts to slippage.
Joseph Jones
the pool allows you to bet on crypto as a whole concept rather than holding faith in a single memecoin. obviously if crypto goes down you lose but if you’re afraid of the entire market crashing then why would you be here trading at all?
Caleb Clark
correct, whales can't sell so their best plan is.. to buy more. check top wallets you dumbnut. most of them have done nothing but accumulate