Be sure to carefully read the links above to understand the project and check out the several medium articles and twitter anouncements (links on the official website).
Some tips on how to pool liquidity and help the project grow while collecting BAL and enjoying passive income: >use ETH or one of the other coins to pool, the excess of these coins is sold and STA is bought to balance it: STA price goes up >when pulling out, pull out in STA, the balancer will sell the other 4 coins and buy STA to make up the missing amount: STA price goes up
First: Why invest in a balancer pool? It can be a positive feedback loop of gains. Heres what to do. 1. Find a balancer pool. 2. Add liquidity to that pool. 3. Receive BAL weekly for your % of liquidity X Transaction Fees during your time in LP 4. Sell BAL for whatever Asset you want that’s in the LP. 5. Re-invest the asset you just got from your BAL sell. 6. Increase your % of LP and increase your BAL 7. Repeat Now what Balancing pool should you use? Id recommend STA: Why? It is equal parts STA, LINK, ETH, SNX, BTC. BTC is the gold standard ETH is ultimate use case Chainlink is innovation SNX is DeFi STA is moonshot Deflationary Token
STA TOKEN: It is a deflationary token that burns 1% of transaction. Within the LP the bot balances the pool to be equal value of 20% across the board. How to capitalize. 1. Use this pool. 2. Buy STA when low in price. 3. Add WETH to LP. 4. Get BAL rewards. 5. Sell Bal rewards 50/50 for STA and WETH 6. Pool WETH.
What will be happening is the balancing bot will sell your WETH to balance the pool and thus be buying STA. It will increase the price of the STA after you bought it. Plus the deflationary aspect just holding STA your % of TS goes up. By adding to the pool you increase revenue in which you can use to buy MORE STA and WETH to keep the cycle going.
Jayden Hill
By positive feedback he means compounding returns, by the way. Cheers.
Matthew Sanchez
what is the market cap of this shitcoin?
Ayden Perry
Not a shitcoin. It's ~4 mil
Jeremiah Jackson
How to only add WETH to that pool? I cannot add just a single thing to the balancer pool right using the add liquidity option
Jack Nguyen
Hello guys its the wiki annon guy the one making the one on offical wikipedia . i emailed my page to the guy making unofficial wiki. they replied to me after the i senet them audit. i'll gtet back toyou
Christian Roberts
I just did this yesterday, 7% gains a day is fucking nuts. If I had more ETH I would definitely stock up on more. That said, I don't understand how people aren't flocking to this, if it's trustless then there's no more sneaky shit that could be done by the devs.
Brandon Taylor
its actually just under 3 mill
Easton Brooks
If anyone wants to spread some cheese on this poor cracker
0x81Dce4737Cf5b41A108F740Cbf92b42218fD4A1a
Contributions are appreciated
Currently working on official wiki Another guy is doing unofficial one I already emailed him what I got
I feel like I’m living in bizarro world. Am I the only person that sees this coin has lost more than half its value in a few days?
Dylan Phillips
good job user! you should post this on the telegram page and Im sure you would get some appreciation!
Caleb Taylor
Can't you just swap ETH for BPT in Uniswap?
Jeremiah Smith
This shitcoin is free falling with almost no support and everyone here is acting like it’s completely normal
Nathan Ward
You can, but you’re not adding to the pool, just buying someone else’s share. It’s easier but you’re paying a premium to do so.
Adam Taylor
It’s crypto. If btc drops by 50% it changes nothing.
Nicholas Brown
Wiki guy here thanks for the eth much appreciated, will keep you guys updated, i am also in contact with other guy whos gonna make an unnofical wikipeida page like stat wiki. i have mention it on telelgram, but tthey said one of the team members is also working on it.
If anyone wants to spread some cheese on this poor cracker
0x81Dce4737Cf5b41A108F740Cbf92b42218fD4A1a
Contributions are appreciated
Blake Campbell
No, everyone sees it. Cryptos don't generally just go straight up. If you don't think it will go up, then sell, if you still think it is a solid project, then hold. It went from 0.001 to 0.15 then back to 0.018 then back to 0.10, then to 0.03 It can change fast
It's the top 20-50 constantly shilling to try and get people to buy in. This is almost as sad as the ESH threads at this point.
Isaiah Watson
Statera is new and highly volatile. It's going to have big swings in both directions The thing is it also has a legitimate shot to be huge. This is why people are excited about it
Jason Lewis
imagine being one of the few people on earth introduced to this money making machine and you decide to FUD? 1,875 wallets/7,000,000,000 people. One of the lucky few who know about this and instead of investing in it and getting rich you spend your time FUDing. Amazing.
Gavin Clark
All this shit does is dump where is kyber I want out
Benjamin Ward
>Why aren't you guys shilling, we need people buying in for the price to go up >Why are you guys shilling this, you just want new investors. You guys are pathetic. Your fud is transparent
Anthony Rodriguez
>money making machine >literally free falling
Yeah bud, okay then.
Christian Miller
just threw u some feta
Adam Robinson
Interesting. I thought it just took whatever currency I swapped the BPT for and equally distributed it amongst the 5 coins in the pool. You're saying it actually just purchases someone else's BPT?
Josiah Lewis
Thats the beauty of this. No matter what direction sta goes you can make money.
You can literally be the ONLY person on the planet and make money via STA and the LP.
Brody Davis
thanks brah anything is appreciated i am probably going to pull it all though in pool.
just rmember guys even if this hits .50 cents or dollar most of use are early and will make profit with one big youtube or listing or once people find out
I don't know what to tell you if you think that a less than a month old project should just straight up moon continuously, forever. It's very volatile at the moment and so far it's been dumping since the weeked. Is your attention span that short and your gambooling instinct so ingrained that you must always see new ATH to get pleasure? This is a long term hold project (sweet sweet BAL divvies), if your coming for a quick buck just stay the fuck out.