At the current burn rate of around 200k tokens a day, we have 436 days until the supply nears zero (theoretically impossible as tx's get smaller due to decreasing supply, only 1% of each tx gets burnt).
The burn rate will speed up at first, but then appear to slow down as the circulating supply also decreases. But the potential for Statera to have low millions supply is high. Now, go sort by circulating supply on CMC and it's pretty clear that even with a moderate market cap and ~20 mill supply we are in for astronomical gains.
You can guarantee smart money and crypto funds already realize this.
There's actually no way to predict price for Statera, it could legitimately become the BTC of DeFi.
How did you work this out user, where do you find info on burn rate?
t.brainlet
Camden Rodriguez
Check etherscan, make a note of circ supply, wait 24 hours, check again. It's only going to keep going down. Pair this with assets in the pools increasing in price, and the gains will be enormous.
Jaxson Adams
So what's your predicted price target? I think $10-$20 is possible in the medium term but is triple digits possible? XOR did it.
Caleb Ramirez
Yeah, I think triple digits are entirely possible in a year's time.
Connor Turner
Mate. This is unironically going to the thousands. Just hodl
There’s an autistic boy swapping 24/7 called Sthanos and soon his power level will be unmatched.
Cameron Brown
But the increase in price will lower the burn rate people don't trade 10,000 BTC at a time.
Tyler Kelly
You're literally giving me an erection. By the time you're reading this post my dick will be fully hard. Just imagine that for a second.
Camden Cooper
I even got a green id to match the hardness of my cock. That's it I'm ejaculating in my pants
Nathan Rodriguez
burn rate from trades yes, but not from the balancer. That keeps on evaporating.
Kevin Rivera
Sthanos does. And he will continue to do so forget. Think about it.
It is inevitable
Michael Jackson
I calculated/estimated a burn of 1.000.000 tokens every 8 days, which is still a great number
David Perry
Brainlet here. Can someone explain how to delta pool works? If I buy eth/sta 50% each, how would I benefit from this? doesn't the price always rebalance between the two without growing overall?
Jace Kelly
Yeah, like I said in my OP, it will slow down as supply decreases and price increases, but it will never, ever stop, and the point at which it will considerably slow down we'll already be at half the current supply.
Caleb Lee
Yeah but its based on dollar amount right ? the burn slows at some point.
Thomas Hernandez
tfw you realize that even people selling has a positive long-term price influence on Statera
Jeremiah Powell
I guesstimated a 50 million supply within 4 months
Colton Sanders
It slow because STA exchanged amount are lower since its value rised. But if the volume get higher, it balance it out and burn at a steady rate.
Ethan Moore
Statera - a really simple Deflationary Token. Nothing we haven't seen before. Putting it into an index fund - HOLY FUCKING SHITBALLS, BATMAN.
It's amazing that nobody thought of this before. We are truly, truly blessed, frens.
Logan Roberts
Is this really the first time somebody thought of putting a deflationary token inside an index fund?
Out of the thousands of shitcoins that's out there?
Easton Miller
Yes. Why do you think it had multiple general threads here for months.
Nathan Brown
Agree but oversimplified, it's not just a simple deflationary token, it's relationship to balancer pools and the fact that it can be inserted into many different index funds make the utility of Statera orders of magnitude greater than other shitcoin deflationary coins.
Jayden Nguyen
please :(
Landon Davis
It was done pretty much as soon as balancer opened up. It couldn't be done quite in this way until then.
Who the fuck sees a 30day chart like this in which the price went 40x and unironically goes "oh sure this seems like a good buy right now"?
Never chase. Never let FOMO be your guide. I called it before and I'm calling it again: STA is going to dump, again, and people are going to cry, again. If you hold a bag, sell some of it now to lock your gains or risk being late. Thank me later. I'm screencapping so I can go "I told you so" when it dumps lol. That is all.
Holders are rising all the time and it wont stop. There is only 3,487 holders atm.
Kevin Wright
Lmaoooo. That’s fucking intense.
TO THE MOON BABY. WE’RE ALL GONNA MAKE IT
Luke Walker
Same but 19k left, started with 80k. I'm thinking about the potential I lost all the time. If we go to 10 dollars and above I'm gonna have more money than 99% of the people my age I know and yet I'll feel like the biggest idiot around
Angel Thompson
To anyone who uses coinbase wallet, statera doesn't have it's icon there right? Only a grey circle with STA on it
Oliver Ross
CHECKED $10 EOY is FUD.
"Hundreds is INEVITABLE" ~STHANOS
Ethan Ramirez
Two new exchanges, one a top 25, in the next couple of days. It's ok user not everyone was born to make it.