>What is STONK?
STONK supports DeFi through providing lucrative balancer pools that include promising DeFi projects. Its purpose is to soak balancing pressure to act much like an ETF indicator for DeFi - all in one token.
>What DeFi coins are in the first balancer pool(Yes first, more pools are being created for optimal returns)?
10% REP, 10% LINK, 20% STONK, 10% LRC, 10% COMP, 10% SNX, 20% WETH, 10% KNC
>What happened to STONK?
STONK and Statera were both victims of a flash loan exploit involving deflationary coins on the Balancer platform - liquidity from both projects were drained at the same time. The Balancer team has stepped up and will be refunding lost liquidity to both projects in the near future.
>How is STONK moving forward?
The same day of the exploit, STONK did a 1:1 transfer from old STONK coins to a new, non-deflationary coin - if you hold STONK, the new STONK token was already deposited to your wallet. Moving to a non-deflationary coin has not only allowed STONK to remain on the Balancer platform (with full 100% BAL returns) without being susceptible to liquidity exploit attacks, but it also broadens the number of exchanges STONK is eligible to be on.
>Is burning/deflation permanently removed from STONK?
Probably not, the team is currently exploring other options like manual burning to remain ERC-20 compliant, however optimal DeFi balancing is the primary objective of the project and not necessarily the deflationary aspect. STONK gains value as the other coins in the balancer gain value, not because a portion of coins are destroyed each transaction.
/$tg - $Stonk token general/ - Huge Announcements Incoming Edition
Other urls found in this thread:
uniswap.exchange
uniswap.exchange
hotbit.io
hotbit.io
hotbit.zendesk.com
hotbit.zendesk.com
esatoshi.club
twitter.com
I heard some level of rebranding is going on
>ANNOUNCEMENTS
>$STONK logo for new contract now updated on uniswap!
uniswap.exchange
10-12K of liquidity has been added to uniswap! More to come soon, as time passes. You can trade in small amounts for now though
>Provide uniswap liquidity via this link: uniswap.exchange
>$STONK deposits (updated contract) are now open on HOTBIT! (Cex)
Deposit here: hotbit.io
>WE'RE TRADING ON HOTBIT!!!!
hotbit.io
>Old contract STONK deposits on HOTBIT have now been restored!
hotbit.zendesk.com
>STONK is now listed on HOTBIT's investment section!
More details here: hotbit.zendesk.com
FoT Tokens in balancer pools got drained the other day, Noke removed the FoT aspect and ofered to refund every penny lost. Since then, Balancer labs has explained they won't be working with FoT moving forward, so Noke is working on a manual burn, likely through buybacks. Marketing, Balancer Pool ROI Optimization, and getting Cex listings are the main focus now, I think CMC is now in sight with requirements being finished. It's going to be a big month for $STONK.
Tonk Stonk here, buying a comfy chair at 1$ so I can wait for 10$.
senior stonkosaurus here- i wont domp on you frens
we 0,7c stablecoin now.
Bal 100% ROI returns whitelist secured, CMC requirements secured, Whitepaper incoming, and some major pivot in branding is publicly being rolled out. Stonks go up.
Seems like the chinese have finally capitulated, also.
>usual announcements, cmc listing, etc
he says it like its so casual.
Biz buys high while I'm acooomulating at these levels. Keep buying high and selling low pajeets
I, for the first time yesterday, successfully bought the dip.
inb4 statera rage
I hope you staties make it too bros, on paper we arent even in competition anymore, all will be revealed in good time
actual comfy hold bois
It was literally just 6k all day yesterday, I honestly doubt there's much bad blood anymore, I checked out sta threads yesterday and he was trying to instigate shit but people were just ignoring the shit-tier "memes" he was posting lmao. I think the broken english didn't help.
Goldman Stonks reporting.
Not even taking initial out until 10c.
Seen the inside of their discord server, that Noke kid is pretty smart bloke.
Funny enough I still hold 100k STA. They pain is real brothers ;__;
jesus, well hold on to both lmao.
there he isssss, morning bud. did you roll a noice spliffy?
what stonk discord says bout this? is it true?
Noke is very interactive with the discord, if anything it was a good move business-wise, for context he said that in front of the statera team, as well as some people who own statera, during a sta AMA where noke asked a few questions about the roadmap decisions sta made.
Zig Forums has people like 6k here who are very toxic, not to mention the literal bestiality porn and intersex mumu pictures that get posted here kek, he's a self described lurker and knows what to say publicly to accrue legitimacy for $stonks, its kind of important when the plan involves branching out past Zig Forumstards, imo.
Smells like that pothead homie 6k is still seething on Stonk threads...
Mate you don't have nothing else better to do ?
Btw quick tip, don't chew like a monkey while you speak 6K. Didn't yo moma told ya that?
this cap always confuses me, it just makes him look like a polite guy haha, reverse fud? Your community
You, yourself agreed about the merit of distancing a project from Zig Forums IMMEDIATELY as thats what the context of the conversation was lmao. I don't expect you to have any sort of consistent ideals, though. You dump on your followers
your community isn't exactly the most well intentioned* Kinda petty desu.
You mean 6k faggot?
Oh yeah, traced all his wallets, waited for him to shill a coin, they had massive bags earlier and once people from his channel pumped it he started dumping.
The Satoshi Club AMA recap is out!
Link below:
esatoshi.club
This has some hot fuckin takes in here, gonna cap a few.
The guy works when he isn't sleeping, and the guy barely sleeps.
Stonk was also mentioned on chinese news prior to getting listed on hotbit lmao
>One more thing to note – the balancer protocol has been audited multiple times extensively – and this edge case was present in their documentation quite publicly – none of us however, expected this flash loan attack.
>This new token is now fully compatible with their protocol, and there should be no more issues.
This is confirmation of balancer pool whitelisting compatibility
All this screenshot shows is how pathetic 6k is.
Noke was being sarcastic due to 6k's attitude.
6k is the guy that runs a pump and dump group and is salty he didnt get in on the presale.
noke cuck aka bends the knee
mentions statera as cousin for clout lol
He wasn't being sarcastic, see
YOU LITERALLY PUT YOUR LOGO ON THIS ONE LMAO
this is bullish you retard
