/Stag/ Statera general Day 24: Sibling Rivalry Edition

Liquidity pool@over 360k!
>Space Stone - $200k Liquidity ACQUIRED
>Mind Stone - $400k Liquidity Will return
>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: 1591230567721.jpg (1280x1280, 506.57K)

Other urls found in this thread:

uniswap.exchange/swap?outputCurrency=0x0e511aa1a137aad267dfe3a6bfca0b856c1a3682
defipulse.com/blog/balancer-start-liquidity-mining-and-earn-bal-tokens-today/
medium.com/@stateraproject/statera-audit-8d4cb94e9b32
medium.com/@stateraproject/statera-financial-reports-b47defb58a18
bamboorelay.com/trade/STA-WETH
medium.com/@stateraproject/statera-a-breakdown-of-the-ecosystem-6fa99e98caa1
mesa.eth.link/#/trade/
twitter.com/SFWRedditImages

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.

Attached: Balancer.jpg (602x268, 56.27K)

Hey buddy. Stop shilling this dead shitcoin and pushing it on people here. Fuck off and I hope nobody buys your bags nigger faggot

Attached: 2WeeksOfYourConstantBullShit.png (289x397, 23.64K)

Go back into your BONKS cave, you got your own threads.

Attached: ItsMe.png (389x450, 49.32K)

This is such a pathetic forced meme. Kill yourself for fucking over other anons by peddling this shitcoin.

Money machine go brrrrrrrrrrrrrrrrrrrrrr

I just make threads when they reach bump limit, feel free to elaborate on why the token is dead (It isn't)

>ANNOUNCEMENTS

>WEBSITE BEING UPDATED

>AUDIT: CLEAN
medium.com/@stateraproject/statera-audit-8d4cb94e9b32
>AUDIT: CLEAN
medium.com/@stateraproject/statera-audit-8d4cb94e9b32
>AUDIT: CLEAN
medium.com/@stateraproject/statera-audit-8d4cb94e9b32
>AUDIT: CLEAN

>FINANCIAL REPORTS OF THE LAST TWO WEEKS
(may be updated every two weeks, still putting it here for good use)
medium.com/@stateraproject/statera-financial-reports-b47defb58a18

>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

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

Attached: 1591393245058.jpg (1868x1602, 190.26K)

HONK
HONK
HONK
HONK
HONK
HONKHONK
HONK
HONK
HONK
HONK
HONKHONK
HONK
HONK
HONK
HONK
HONK

Don't
Care,
Still
Buying
STATERA

Well the FUD found the new thread quicker than most.

Posting that guys question to continue the discussion, dont think it was answered:

I think something that people are overlooking is that even without marketing, without a CEX, and with only 1900 total wallets, we've burned through 8.5 million tokens in 24 days

If that rate continues, we will burn through the entire supply in roughly 285 days. That's less than a year. Keep in mind that most people expect the burn rate to increase significantly once STA hits larger exchanges

My question for high IQ STAbros is: What is going to happen as the supply gets smaller? Obviously we won't burn through the entire supply, but eventually there is going to be WAY less STA available. That's less available for the balancer pool, exchange liquidity, and people's wallets

It really seems like the only answer is the price is going to have to rise, and quite drastically. We will have to reach a point where people can't just swing trade 100k STA on a whim, because the supply just won't allow it. And it's going to happen quicker than people realize

Am I missing something here guys? Obviously there's a chance that volume dies down, and that slows the burn rate. But based on what I've seen so far we're not slowing down anytime soon

Im not here to help you, but to tell you to fuck off with your "money printing machine".

K

Anyway, there was discussion in the last thread on making a Wiki for this explaining everything and making a tutorial, could those user give an update on that? And also someone add info on BAL please.

I just bought 2 eth more what's wrong with me

>Well the FUD found the new thread quicker than most.
Because some STONK faggot made this thread. Look at the damn title of the thread.

Sorry I thought you appreciated the last like, 40.
While you're here: Lainanon, Statera Fukumoto "fudder", your usual OP here. Stonks is a different, DeFi oriented project, if you have spare capital consider it as a second project to look into if you back the fundamentals of sta. We're gonna make it indexbros.

Attached: 1591666763496.jpg (988x1049, 113.12K)

To develop discussion about burn rate. What will happen if we continue burning tokens at this level? Some user estimated 285 days. Why % will be lower? 1% is 1% or?
Also, FUD like this is unbelievable bullish for me.

Surely user you bought this beautiful climb today right user, you bought low user right, right user, you didn't waste all your time fudding user, did you????

Attached: ThatClimbTho.png (527x791, 42.19K)

Lol I linked the thread to the old thread and no where else, you guys are getting a little paranoid.

I'm going to make sure that you faggots don't co-opt the next statera thread like the cheap fuckers you are.

STA goes low, I can pool ETH and then cash out MORE ETH in raw numbers when STA pumps. Then I can pool some STA near the top to then unpool it after a dip to receive more STA. Profits in both directions.

>But wait there's more!!

This thing is so Fing genius.
1. Buy STA when its low, like right now.

Attached: I'mNotReady4allThisMoneyFren.png (634x467, 247.73K)

gn STAbros
also fuck stonkers they burned that bridge

Attached: 1588425961006.png (600x506, 99.17K)

Go for it, not like I haven't made the last 40 something threads for you. You should understand the value behind balancer pools tied to deflationary assets by now.

Attached: f0caf9e061abf83a41a4cd0bdf13df8b.jpg (280x280, 9.73K)

When we have 20m tokens left and price is 10 dollars when someone sells 1000 usd worth that is 100 tokens and only 1 token will be burned.

gn fren, be comfy

Okay, explain to me when the biggest news of the day were the BAL tokens, what was the point of adding in 'siblings'? This is a statera thread. If you have stonk threads already, then shill your shit there.

I threw in 5 at 3 cents. Got 270k now. Tempted to just get 300k rn. Don't think I'll regret it despite all the fud and bullshit.

Attached: allfudisbullish.png (1100x550, 845.99K)

gn fren

these are the things I need to get in my head & which could be in the wiki (from last thread)

if STA goes low, I can pool ETH and then cash out MORE ETH in raw numbers when STA pumps. Then I can pool some STA near the top to then unpool it after a dip to receive more STA. Profits in both directions.

or

1. Buy STA when STA is low. Like right now.
2. Either send ETH/LINK to pool whenever OR when STA is high.
3. Get BAL rewards.
4. Sell BAL rewards.
5. USE profits from BAL to either buy more STA when low or eth to pool with.
it keeps growing and growing without any risk.

or

1. Buy STA when its low, like right now.
2. When STA goes up in price you add it to pool.
3. Get BAL for pooling.
4. When STA price dips, sell BAL and buy more STA.

So even when the STA price is stagnate (as it has been for past couple days) I will stake make a shit load of money via the pool. What a gold mine

Some other user mentioned they would write up a Bal post for this thread, it'll be included in the next OP. I also saw someone mentioning they would edit it to make it shorter, good idea, the OP post is 1997 characters or something huge like that. Seemed topical enough.

Just shut up. I read all your comments from previous thread and it seems you're invested in stonks as well. No need to act smart.

that's my problem I'm late and poor with only 33k FUCK

Yes.

Pal I made it as transparent as possible who I am and that I hold both sta and stonks. It's looking like you...didn't read my posts?

Im the wiki suggesting user, i just created:

[email protected] (unofficial sta wiki, US tennis association can suck my ass)

Anyway email there if you want to say something privately. Apart from that I'm open to all suggestions for what to do for it, I just think someone should organise it or no one will

Any anons who want to help out let me know, I dont want to have to write it all obviously, and there are probably better coders out there than me. But I have other ideas for things to add too, so let me know

i don't want you guys to fight, but it is probably best to leave STONKS out of the discussion, they have their own thread and many of us aren't real fond of the interaction between the 2 communities over the last few days

hey i am already creating a page i can screenshot you the mods want more outside info, they said we cannot be made page untill we have real references and outside information about statera , i have alreayd started a wiki and currently editing is

BAL based

Attached: 70eth.png (437x56, 11.93K)