/stag/ - Statera General Day #14 - MIND STONE SOON edition

Thanos Power @ Over 380k $

>Space Stone - $200k Liquidity ACQUIRED
>Mind Stone - $400k Liquidity
>Reality Stone - $600k Liquidity
>Power Stone - $800k Liquidity
>Time Stone - $1,000,000 Liquidity
>Soul Stone - $1,500,000+ Liquidity


>What is STA?
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 --> Whales dump on us trying to swing/FUD/whatever --> Thanos BURNS MORE FUCKING STA --> STA APPRECIATES
Some NoStankers 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"
uniswap.exchange/swap?inputCurrency=0xa7de087329bfcda5639247f96140f9dabe3deed1

>Where else?
You can trade STA on Saturn, mesa and now bamboo. It's growing!
bamboorelay.com/trade/STA-WETH
saturn.network/exchange/ETH/order-book/0xa7de087329bfcda5639247f96140f9dabe3deed1
mesa.eth.link/#/trade/

>Where do I see the price?
Use UniVision for all your fractal charting needs.
uniswap.vision/

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
uniswap.info/token/0xa7de087329bfcda5639247f96140f9dabe3deed1

Coingecko is up to date and accurate thanks to the v2 update. 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

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

>Official Github
github.com/StateraProject

Attached: Space_Pepe_STA.png (500x338, 375.52K)

Other urls found in this thread:

uniswap.exchange/swap?outputCurrency=0x0e511aa1a137aad267dfe3a6bfca0b856c1a3682
defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/
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
coinstats.app/en/coins/statera
mesa.eth.link/#/trade/
bamboorelay.com/trade/STA-WETH
medium.com/@stateraproject/statera-a-breakdown-of-the-ecosystem-6fa99e98caa1
saturn.network/exchange/ETH/order-book/0xa7de087329bfcda5639247f96140f9dabe3deed1
youtu.be/M1u3t7tOQCY
youtu.be/f_a86WIbA7A
youtu.be/SnH3mAv920Q
youtu.be/0fVmFs01_Fs
youtu.be/k7pFhIo6OLg
youtu.be/0YlrsLcznTA
youtu.be/tYwsP2QbV4I
youtu.be/wxa6l-lahDk
youtu.be/fIxwfd9qkaI
twitter.com/AnonBabble

they lifted my picture IP ban

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CONTRIBUTE TO THE POOL HERE

uniswap.exchange/swap?outputCurrency=0x0e511aa1a137aad267dfe3a6bfca0b856c1a3682

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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Comfiest hold in crypto atm

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30k pool growth since last thread. Simply based

>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 FUDders . Finally, everyone's ears may yet recover from your screeching.
github.com/StateraProject

>Live Sta coinstats

coinstats.app/en/coins/statera

>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.
Nice! Fuck jannies.

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400K LIQUIDITY POOL INCOMING
THANOS GETTING THAT MIND STONE NIGGERS!!!!!

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How's your ratio between BPT and STA?

I want Furudo Erika to step on my face!

Good to hear user.

NEW EXCHANGE ANNOUNCEMENT

We are now able to be traded through the Gnosis Protocol. The dapp to trade on Gnosis Protocol is called Mesa.

Currently we are not whitelisted on there, however, you can go to

mesa.eth.link/#/trade/

Upon going to that link you can input the STA contract address to trade:

0xa7de087329bfcda5639247f96140f9dabe3deed1

Who's pooling at the bottom and why, for accruing the transaction fees? Am I missing some benefit of pooling right now given we're near the bottom and a pump is likely incoming.

>NEW EXCHANGE ANNOUNCEMENT

Hello again; we're constantly trying to branch out the ways you can purchase/trade Statera. Today we're happy to announce that we've received confirmation that Statera is now available for trading on Bamboo Relay!

The benefits of using Bamboo Relay include a live order-book, candle-stick charts and more arbitrage opportunities for 'Sthanos'. You can trade STA on Bamboo Relay here:

bamboorelay.com/trade/STA-WETH

Thanks guys!

OLDER ANNOUNCEMENTS

An updated QRD on Statera and its uses
medium.com/@stateraproject/statera-a-breakdown-of-the-ecosystem-6fa99e98caa1

>So, we know you’ve all been patiently waiting for something to come from us.
We’ve been working hard over the past few days and we’re really excited to announce that Statera is now trading on Saturn Network, which means you no longer have to worry about slippage and liquidity issues. Currently they are working on getting our official information audited and listed on their exchange, however, you can still trade Statera through this link:

saturn.network/exchange/ETH/order-book/0xa7de087329bfcda5639247f96140f9dabe3deed1

STA is listed on a new exchange that utilizes something called a "Ring Trade". This trades assets across a liquidity pool as opposed to selling each slice in chunks.
Yes, this means the audit is complete, yes this means that Kyberswap is a qualifier for upcoming listings.
Bullish.

>We are now able to be traded through the Gnosis Protocol!
The dapp to trade on Gnosis Protocol is called Mesa.
Currently we are not whitelisted on there, however, you can go to
mesa.eth.link/#/trade/
Upon going to that link you can input the STA contract address to trade:
0xa7de087329bfcda5639247f96140f9dabe3deed1


Statera is now recognized on the Delta app, used to track pricing and returns in your portfolio over time.

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about 50/50 atm. Just seeing where we go in the next few hours

EXPLANATION VIDEOS

Redirect people to this post if they ask questions. Even better, if you actually remember the key points of each video, try to pinpoint them the exact moment that answers their questions. Or just answer and try to explain with the best of your ability

>STA overview
youtu.be/M1u3t7tOQCY

>STA Tokenomics
youtu.be/f_a86WIbA7A

>STA Pool ownership breakdown
youtu.be/SnH3mAv920Q

>STA Balancer ovewview
youtu.be/0fVmFs01_Fs

>STA in action
youtu.be/k7pFhIo6OLg

>Whats happening inside the pool
youtu.be/0YlrsLcznTA

>Sending STA to Pool
youtu.be/tYwsP2QbV4I

>STA cant be fudded
youtu.be/wxa6l-lahDk

>Adding liquidity
youtu.be/fIxwfd9qkaI

Patience, user. Patience

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with the token burn in play, the conversion rate from STA to BPT changes. So people are still trying to get the best on that conversion price.

Holy based. Thanos about to acquire that Mind Stone. Fucking hell Thanos has grown fast.

Attached: Statera Sthanos.jpg (249x250, 18.82K)

its too help the project, the balancer is at the heart of statera so if you want your bags to moon you better contribute

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Maybe it has to do with price of tokens in pool going up. Or some whale who doesnt care about max gains put small % in.

BASED COMMENTS FROM THE TEAM


>Every time that ETH, LINK, SNX, BTC, or BPT moves in price, the STA token will be forced into burning supply.

>Just to clarify though, it's not our intention to 'take things slow'. We're trying to keep up the pace of when we started but price movements are not really something we're interested in. We're more interested in the pace of the workload we have.

>Unfortunately right now there are a lot of things which are out of our hands as a team, the audit we're waiting on full publication, the website itself will has been assured to us that it will be finished by the end of week, meanwhile we're working on more requirements for us to be listed on larger exchanges i.e. outsourcing a lawyer for some documentation we need.

>It's in the process of being finalised (The audit)

>We'll share the entire publication with you guys as soon as it's complete. We're being as transparent as possible with this whole process, so of course, we'll share the entire audit also. Should've only been a 24-48hr job but the company we're working with have a backlog or so they say.

>We're holding off on marketing until all of our fundamentals are rock solid. This isn't something where we own 50% of funds and have tonnes of disposable money to just emptily throw at marketing. We want the marketing to be disruptive to the market and cost-effective, and to do that we'll need the foundations set, i.e. audit; website polished; onboarding process as user-friendly as possible.

TL;DR DON'T SELL RETARDS

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MORE BASED COMMENTS FROM THE TEAM

I think the difference between STA and GBTC is the fact that when you enter the STA ecosystem, you're getting onboard with not just bitcoin, but with arguably the top cryptocurrencies, hence you're betting on cryptocurrency as a concept moreso than on just solely bitcoin or Ethereum. Also, the STA ecosystem itself promotes the growth of the four coins as it constantly buys and sells them, the theoretical perspective being that eventually it creates an equilibrium.

>101 million tokens was the starting supply. I can't particularly answer how tokens being out of circulation appreciate the value of circulating tokens out of fears for speculation. I'm not going to give a random number without any factual basis, however, we can apply the law of supply and demand to get a conceptual answer. Deflation and inflation both work on this concept.

>We're working on the marketing to create that demand, all whilst the supply is continuously dropping. Statera will continue to drop in supply even if all external trading ceased to exist as the Balancer will continue to trade STA to keep the 20% equilibrium, thus in turn burning 1% of every transactional value.

>The marketing is being worked on, I can't make influencers respond faster, I can only control what I can physically do myself. And I can assure you I wouldn't be up at 3:31am if I wasn't working on things I can personally do to impact the growth of this project.

>Q)'What happens if a coin in our balancer completely collapses?' A)'What happens if the Sun dies out?'

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Did the team ever confirm whether the functionality can be used on a CEX or is that completely off limits? Is CEX listing just for more exposure?

I think that this covers more or less everything.
Remember to cut through the FUD, and I hope that Bobo will do its job and update the liquidity amount in his pasta. Let's wait for 0.08 in a comfy setting ITT

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It does look like that CEX's aren't ruled out.

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Good to hear, sounds like once the audit is finalized and they get some docs completed some more major CEXs are inevitable.

well ryan probably didnt understand the question.
what people are asking is if binance for example gets 10 million tokens and they never leave binance they will not be burnt while moving between traders wallets since binance doesnt transfer the token unless you withdraw, they just keep a book on who owns what like a bank, its credit basically.

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What will I do with you guys? Haven't you learned your lesson by now? Look at the cold hard reality for one second here. How many times will you need to be betrayed and lied to before you realize that this token isn't going anywhere? This time around, I'm not baiting or fudding. This is legitimate concern I'm willing to show for fellow Zig Forumsnessmen. I admit that I was myself deeply invested in STA, because the idea, even if poorly implemented could really have shaken cryptocurrency and more specifically the psychological perception people have of it and DeFi in general. STA being an index fund inside this godforsaken and highly volatile market is undoubtedly a strong selling point for seasoned investors.

Selling point that you failed to convey. Why? Because first of all, the dev team is lacking the proper communication skills and network to truly advertise the value behind the project. Otherwise, the generous user who found out about it wouldn't have had to go so low as to advertise it as a money printing machine. Second, because it doesn't have its place. I'm not saying that there is no use case. It's that the people in crypto aren't looking for guaranteed small gains over time. You are basically trying to convince gamblers to leave their greed behind and contribute to a pool in order to help make the project grow. How many do you think are still holding their tokens and haven't even put 0.0001 STA or ETH in order to maximize their potential gains? Poor Johnathan.
Third, as with all assets in crypto, it does look like a ponzi scheme. On top of that, despite its risk aware investor friendly appearance, you are betting on the success of not one but FIVE cryptocurrencies to pump the value up. And as of right now, the market is not in a good state. But BTC, ETH and Link are, pathetically slowly still, recovering. The same cannot be said for Statera.

For all of you early whales who are still in profit. Make use of the $17.5mil liquidity while there's still time left.

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fucking based.
also checked.

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I really hope so. Exposure = moon once some whales realize
Oh, nice of you to highlight on this conversation. I don't remember if the proper context was posted with this screencap. I apologize for the confusion
>$17.5mil liquidity
Extremely based time traveler user

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Based bull in disguise

But STA is not an exchange? Also you need CZ and CEX for it to moon?

The fud is getting better for once. Still not strong enough bobo. Now get back in your cage.
>*peak autism intensifies*

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Bullish af. Comfy hold

Wh n this hits $3.33, I'll be a millionaire

We're now trading on bamboo relay

XD

All these (You's) are bullish as fuck if you ask me.

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Well, cex transfers won't burn the token by itself, but the sheer amount of volume one would bring in (and price fluctuation with that) would make the pool rebalance anyways, since it rebalances based on $ value. That's why they're not ruled out.

Nice, but no one uses it tho

This post is so based I unironically want to join the Bobo's. Also they killed the crab, and the little guy deserves some vengeance.

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If binance lists STA, I can imagine CZ involved fuckery with this coin...

yes that is true, but what ryan did not understand was that people were worried about the deflationary aspect losing steam with CEX and that is somewhat true, but since people move money in and out it will burn. I do think we will se a lot of burn anyways so it doesnt matter to me.

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>It's that the people in crypto aren't looking for guaranteed small gains over time.
How do you know this fag? Im interested in it, staking or index fund, doesn’t matter for me