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.
>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
Comfy. Balancer Dev said they merged the one button function and are testing it right now. Will be live soon. only 24-48 hours left with these prices.
Luis Young
just waiting for the STONK holding FUDders desu
Noah Morris
You heard it here first, the AMA was hosted by a winner of the twitter giveaway.
Juan Ortiz
As soon as everybody sees that neat little button "remove STA" they'll make Thanos automatically buy more STA it'll make the price go up. At this moment the balancer wallet is suppressing the buy price because every was feeding it too much STA, a whale could easily accumulate 2.7M tokens without moving the price too much.
Christian Reyes
Yep. Once its live ill be cycling this 1. WETH in to LP. 2. Thanos buys STA, 3. Remove STA. 4. Thanos buys STA 5. Sell STA for WETH. 6. Repeat steps 1-5 7.??? 8. Profit
Carter Morgan
any bal divvie chads in here *siip* ahhhh divvies feel so god damn good.
so basically, we're going to $10 by the end of July?
Noah Taylor
I noticed the top 20 whales haven't really moved, some of them remained in the same position even after these 2 massive spikes and dips, apparently most of them didn't bother swinging, unless I'm retarded and reading these wrong.
Jeremiah Garcia
7. convince other suckers to buy in to perpetuate ponzi so I can proceed to 8.
Otherwise explain where all this value you are extracting comes from if all you do is swing against the balancer and extracting profit.
Aiden Jenkins
IF faggots learn how to use Thanos properly in their advantage to; pump, dump/accumulate, earn BAL tokens and especially learn to advertise We have a very workable token, it's too bad most of us are too brainlet to understand how to use it.
Nicholas Thomas
You´re not. Wait a couple of weeks for swinger rope posts
Cameron Lewis
I heard rumors are that kyber will come tomorrow? Just think about how comfy it is to have dropped all the way down to 2.5 cent. And the high % burns that are possible with minimum capital investment at the levels. Not even thinking of the next pump to $1. I couldn't be comfier holding STA.
Christopher Richardson
step 7 is either the liquidity mining or just trading against other retail investors and winning or a combination of both.
Michael Nguyen
What is LP?
Jackson White
I just checked the charts, this project looks like it is dying. I don't understand how an exchange is going to turn that around. Are you able to outline some of the things this project is doing?
Alexander Murphy
Step 7??? is a meme.. damn.
Where does the value come from?
STA LP and Uniswap LP.
Liquidity Pool
Ryder Williams
Similar plans user. I am STA,DMG,LINK fag. I just don´t know how to balance between this shitcoins yet. We will see, just waiting. How 20 000$ sounds?
1.WETH into LP. (when you do this it will balance your WETH and in that process buy STA) 2. Thanos Buys STA because of 1. 3. Remove STA. (this causes an imbalance and thus thanos has to buy more STA to Balance) 4. Thanos buys more STA because of 3. 5. Sell your STA for WETH. 6. Repeat steps 1-5.
Right now there is 375,000 worth in the LP. Some one could come in with 100,000 grand do the above and make so much fucking money.
Tyler Myers
>”I’m comfy” he says to himself for the hundredth time as the price keeps free falling Why do you enjoy lying to yourself?
Joshua Wright
It looks like that because our exposure is mostly limited to biz, and we have had active fudding campaigns since day by people trying to swing trade, and another coin who I won't mention. That big spike you see on day three can be repeated if we get a broader audience, which the devs are working on.
Isaiah Garcia
so who is losing in this equation?
Samuel King
The price dumped and ALSO is being suppressed because Stonks guys sold and fed Thanos too much STA. And people are also mistakingly adding STA to the liquidity pool(LP) thinking this increases the price. This is great for whales who want to accumulate and not move the price up. We already have an option to remove just 1 specific token out of 5, but most people don't use it medium.com/@stateraproject/providing-liquidity-for-sta-with-one-token-on-balancer-lp-53356297a1ea
This will enable people to remove STA without removing all the other tokens they hold thus forcing Thanos to stop suppressing the price. If you want to increase the price of STA you have to add any of the other 4 tokens; BTC, ETH, Chainlink, SNX
The price being so low and suppressed means the price is actually really easy to get up. Most of the top 20 whales did not sell, it was some top 70-90 dolphins with just 300k and 500k STA tokens to their name.
No one. It will create alot of volatility so weak hands maybe? But on the plus side anyone in the pool will make a bunch from transaction fees and there will be massive burns.
Brayden Walker
step 3, how do you remove STA only? if i try to exit liquidity pool i only can remove investment spread across the 5 assets?
Ayden Hall
Right now only via the etherscan method. However the DEVS for the balancing pool said today they have added a One button function to the pool and they are testing in right now and it will be live soon.
Landon Lopez
How hard is it to clone this system? I want one that's nothing but shitcoins in it.
Why won't the balancer webpage load anything for me :/
Does it work on Brave?
Julian Bailey
well money can't come from no where. Adding ETH increases the price of STA as does removing STA in the next step. However, when you swap STA for ETH, the price comes down. Overall, after the whole process, STA should be slightly higher in value, in theory, since more buying was done than selling. So wouldn't you essentially be pumping the price of STA, and taking the value from the other tokens in the balancer? At some point, someone will dump at the inflated valuation, and the value of the liquidity pool will plummet. There will be no incentive to pool anymore, because of this game. Transaction fees might not cover the overall loss. A break even, maybe, but that will cause people to leave the pool.
David Jones
Lmao
Cameron Carter
Thats why you feed back into it
Nathan Campbell
the write contract 1. approve looks different on etherscan for WETH, it says guy (address) instead of _spender (address), is this ok, can I still follow the medium method?
