Some tips on how to pool liquidity and help the project grow while collecting BAL + fees and enjoying passive income: >use ETH or one of the other coins to pool (NOT STA), 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 You can use the EASY WAY of adding/removing liquidity to do this.
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.
Aaron Garcia
Won't be long till normie adoption.
Luke Ross
Am from future, STA goes up Buy some
Ryan Martin
Thanks john
Luke Nguyen
>YOU CAN BUY STA ON BALANCER! since thanos has now plenty of sta you can also buy sta on balancer.exchange/#/swap , it's got less slippage than uniswap v2 at the moment