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.
Why do we have more holders of STA then before the balancer bug?
Cooper Green
Any idea what happened?
Justin Walker
I said I wasn't coming back here but I just need to stop by to say AHAHAAHHHHHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAAAHAHAHAHAHAHAHAHAHHAHAHAAHAHAAHAHAHAHAA
get fucked buckos i got out last second hahaha. its going zero. someone found an arbitrage exploit. and drained the balancer pool
Brody Richardson
The pool was exploited and emptyed. Vven is the devs decide to replace the half a million (they won't) it is fundamentally flawed. The same thing could happen again. STA is over.
Robert Diaz
just a bug, balancer is fixing it as we speak
Nicholas Howard
It's 100% over, zero chance of recovery. Sell what you have now.
Easton Sanders
The level of cope and blind trust is unreal here
Josiah Phillips
It's time to admit defeat. Got out with 1/10th of what I put in, maybe less. Then again I didn't expect this, hope it serve as a lesson
Joseph Gray
Can someone explain what happened?
Angel Robinson
>using a 3rd party pooling service Balancer was flawed from the start. Exploit must have been there from the beginning, it isn't until now someone decided to go and drain everything.
Jaxon Taylor
All of the funds in the balancer got stolen, they are claiming they can fix it but the fact remains that this shit is Dead.
Adam Butler
>t. has no idea how amms work
you'll fomo back in 100%
Kayden Walker
How did that happen though? All the eth and stuff too or just the Statera?