I will try and explain it you all as best as I can.
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.
why do all pools show $0 trade volume? how do people buy out of these pools? from the balancer website or are these pools offered on dexes?
Gavin Fisher
No way. There must be a catch somewhere but I don't know where
Xavier Green
This is how we win
Xavier Morris
Join if you like money. Discord: zJnXW5
David Lewis
Its innovative. It will get diluted as time goes on. more and more people meaning your % of LP will decrease so theres the catch. But early adopters take the biggest risk but get the biggest profit. I gave you the information. You are responsible for your own financial well being. Dont cry later saying you didnt have a chance to get rich.
Connor Rodriguez
I should add:
Because the Pool is constantly buying and selling to balance it generates transaction Fees by itself.
Add to that face STA is deflationary it increases the value of STA too.
Add to the fact being in the LP you get % of transaction Fees.
YOU CAN BE THE ONLY PERSON DOING THIS AND YOU STILL MAKE MONEY!
You dont need others in the LP, nor buyers of STA. That is the power of this beautiful beautiful thing.
Nathaniel Smith
> 1. Find a balancer pool.
What is a "balancer pool"?
Brody Rodriguez
They provide liquidity. The coins inside are only traded to maintain a balance, so no one can buy out of the pool unless the pool actually sells it.
For reference, I had a bit over $2k pooled in Sta, and I got 24 BAL tokens. Each BAL is worth $19 right now. I was stupid and sold them at $15 but that was still $370 of profit from just having my money in the pool. I don't know if it will be that lucrative forever, but it certainly is right now
Check out Statera, it is probably the easiest and most documented way to add to a balance pool
Oliver Jenkins
Literally free money.
Blake Barnes
Doing God's work educating the masses, user.
Hudson Brown
so if i were to put 5k STA into the balancer pool would i have to also add the value of 5k STA to every other coin being used in the balancer pool. sorry little confused
Robert Gomez
That is an option, but not required. You can add just a single coin to the pool, there is just a slightly different process to it. The balance pool devs are coming out with a single-button method that will make it even easier to do. That is supposed to be released very soon (like today probably)
Josiah Cruz
Currently via the link I provided you have to add liquidty of equal value for every token in a LP. However the DEVs at balancer are fixing that to where a one button solution will mean you only need one of the Cryptos.
HOWEVER I would not recommend pooling with STA as it is in a dip right now. You would essentially be selling 80% of stack for the four other Cryptos. Best do that one STA is up.
Best way is via the medium article but instead of STA use WETH
Jeremiah Turner
If they add that one click option that would be game changing. I'll probably go ahead and add some wETH, thanks
Sebastian Sullivan
Absolutely, man! Go make some money!
Kevin Anderson
Pyramid
Tyler Wood
How much percentage of your stake/money gets paid weekly? does it vary immensely or it's rather consistent due to the bot? Does it matter which pool you enter or there's only 1 pool for Statera? I know Statera has the balancer bot which creates tax fees by itself so you're not heavily relied on people buying/selling/switching, you're relying on the bot and the more liquidity the bot has to work with the better I presume.
Brody Gray
I think the percentage will vay but probably not immensely. I think it mostly depends on the value of BAL tokens and the number of people pooling. The balance pool is very new, so there aren't a lot of people doing it yet. There are other pools, but I don't know who they belong to or how to add to them or if it would be a good idea. They are not related to Statera. The balancer bot pays you fees and it buys and sells using arbitrage opportunities
Jaxon Collins
...
Andrew Torres
The pool is a smart contract thus unscammable and trustless ?? Why is this the first time someone mentions this here?
Camden Barnes
How though? Doesnt imply a pyramid scheme when the balancer controls transactions thus burning supply constantly
William Ortiz
Statera has been around for three weeks with several 300+ reply threads a day. Even WE didn't realize what we were a part of until the BAL tokens released yesterday.
Camden Gomez
I knew.
user, Weve been saying it for weeks now. I have literally been telling people its a DIGITAL GOLD MINE.
Kind of but with the aspect of the BOT ALWAYS buying and selling you can be the last man standing and still be making money. it actually benefits the last man MOST not the FIRST man out the door, which is the way pyramids typically are.
Kevin Gomez
The shitcoin containment bread doesnt count user, aint no one got time for all diz nigga. Im amazed, nice find.
Luis Clark
You are welcome.
Brody Cooper
I followed the steps in the article and was able to add 1 wETH, its taking it out .1 at a time so im not sure if I did something wrong
Lincoln Harris
Did you make sure to use the correct number of zero's? Did it give you BPT for that 0.1 eth?
Daniel Collins
Also, the contract for pooling eth is different than the one for Statera, so when you follow the guide, where it says to put in the Statera address that ends in Deed1, you would put this instead 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2
Joshua Garcia
>SNX is DeFi why? >STA is moonshot Deflationary Token what's the purpose of this deflationary?
Sebastian Stewart
Yeah I replaced anything STA with wETH like you said, I put in the wrong amount of zeros but now I got it all in there.
I got like .2 BPT, is that how BAL gets dropped into your account?
Colton Ross
Awesome! Yes, you will be airdropped BAL every Tuesday. You may not see it in your wallet until you add the BAL token contract 0xba100000625a3754423978a60c9317c58a424e3D
If you choose to sell it, you can enter that contract on uniswap and sell it at current market value
