WTF IS HAPPENING? >Thanos has reborn from his ashes New pool consists of 40% Delta / 10% Link / 10% wBTC / 10% SNX Delta is the Uniswap Statera Pool Token
Statera Uniswap Pool: A pool of STA and ETH, this pool existed from day one operating smoothly and securely. This is where the burn happens, it feeds the whole system and is fed by the system. When you pool your STA/ETH 50/50 here you “mint” a Uni-V2 token, which will be known as Delta Token.
Delta Uniswap Pool: A pool of Delta(STA/ETH) and ETH. This is where the Balancer will buy and sell Delta from. To get Delta, this pool needs to pull from Statera pool, which burns STA.
PHOENIX FUND
A balancer pool of Delta/SNX/wETH/LINK/wBTC : 40/30/10/10/10. This weighting keeps STA at 20% in the pool (half of Delta) and puts a bigger bet on ETH. ETH is one of the highest volume assets in the space (giving our community more fees paid) and is the protocol that all of this is running on. Through Delta Token deflation is pegged to the index fund. Phoenix Fund needs to buy and sell Delta based on the fluctuation of the other tokens. Every time it trades Delta this ripples through Delta Pool to Statera Pool, where deflation safely happens on Uniswap, this deflation ripples back to Balancer, enabling ripples across the three pools.
>When is the fucking price going down again >I PROMISE ILL NEVER FUD AGAIN you can't possibly be serious i hope none of you were dumb enough to sell or just not buy below 20k vits
WHAT THE FUCK?!?!? IT DID A 100%?!? ALREADY?!? POST THE CHARTS, POST THE UNISWAP PRICES. POST THE DELTA TOKEN PRICE.
Christopher Campbell
Woo woo woo Hype we back
Jackson Ortiz
Speaking of which, any updates on the BPT refunds?
Jason Barnes
fuck. had 100k after the hack, cashed out and bought other shitcoins. Not in the red or anything but now I could only afford to buy back 58k Also had 7 ETH in balancer pool, waiting for those mofo's to refund... Will I still make it? ;)
Liam Martin
Don't know, I saw it at 14k the moment I clicked the link 25mins ago.
Elijah Cooper
C'mon, frens. This is it. We can repeat the first glorious price movement if we do this right. Shave off small bits of profit along the way, don't dump. Let's see how close we can get to the ATH. If you start to feel those hands shake, instead of dumping just pool part of your stack.
If we honestly play this smart, we can all be super comfy. Diamond titanium adamantium...whatever. Just play it cool, and settle in for those gains.
Carter Jones
AHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHA UNISWAP @ 0.0247 USD PER STA
Looks like Statera is back and they kept the deflationary aspect of their coin.... wow... the fact that they are getting a refund from balancer and they figured this out .... surprised would be an understatement
I’m happy for them to have found a different path, and probably a better path for how this project is designed. After watching the crumbling from the Balancer exploit, I was rooting for a comeback. As someone that just wants everyone to succeed, this boomer wishes you success.
Leo Jones
I just 2Xed and bought some more! Easiest money I ever made XD
