How can It be an index fund for only ETH /BTC and LINK only?
Traditional index funds sell their least peforming stocks and buy other stocks all the time. They have people working for that index fund. No index fund is literally only tracking 3 stocks that never change, what if those 3 stocks all fail? then the index fund is worthless.
Index funds work because someone is actively buying apple stocks and amd stocks for example while getting rid of their tesla stocks ( that shit is gonna burst).
STA won't make it literally, but I do enjoy that you guys are shilling it so hard I will cash out at 1$
There will be custom tokens eventually. Once that happens and people have the ability to make shitcoin funds this thing is gonna moon. This being the BTC of DeFi isn't a meme.
Parker Brown
>There will be custom tokens eventually Lmao like custom tokens are going to do anything faggot, you literally want to make a token of a token? whats that kinda bullshit , you cant say this will outpeform ethereum when your answer to this flaw is literally to make another token, wont that make the other token outpeform sta? yeah thought so too brainlet.
Think bigger. Maybe. So say you have all the liquidity pools from Bancor or whatever right. The best performing tokens of them % wise on average throughout the week could be added to a constantly shifting 'Balancer pool' type thing, where Statera would be the only constant. This would track the over all market liquidity pools on that dex, and would earn the liquidity providers extra in fees generated due to statera.
It's all just starting man. No one's figured out all the shit yet.
Brayden Sullivan
Standard crypto Fund (QQQF)
Standard crypto fund is a tokenized index that aims to track crypto, defi and FoT index Tokens. QQQF's portfolio will underlying assets by leveraging the supply
"not satoshi" okay senpai. gtfo with your scamcoin
Luis Bailey
check out qqqf, leveraging supply to buy assets aka a real index
Andrew Baker
Uh you are not familiar with finance are you? An index Is pre defined By a set of criteria. Those criteria could be static or dynamic. What you’ve written is so fucking garbage I just want to fucking punch you
statera not an index doesnt track any market with only 4 tokens
doesnt own any assets, so it has no value
read the article it will make more sense than sta
Sebastian Myers
index owns underlying assets of a market it is trying to mimic.
Statera only has 4 tokens
and it owns zero assets
the pool values are people putting money in. which they can withrdaw at any time. so if they do what is stateras value?? it is 0 and based on speculation.
Ryan Davis
you obviously know shit about finance except what you googled 3 minutes ago
Austin Cooper
>How can It be an index fund for only ETH /BTC and LINK only? Just in the phoenix fund there is snx,link,btc,eth,delta (50%sta 50% eth) There are also many other pools. Literally anyone can create a pool with delta in it now to get more volume.
Im a fucking Forty year old finance manager making $230k total package you nitwit. Honestly I fucking hate you Americans so much I am flying over there to kick the dogshit out of some of you when this virus lifts
Ryan Martinez
If anyone can create a pool with those tokens. why would you need sta then??
the other pools have less than 30k at most that means those pools are practically non existant.
An index owns its assets. Statera doesnt own anything? what is its value?? its gonna burn itself?? why not just start the supply at 1. Because with 18 decimals it goes to Quintilion meaning burn doesn't do much
Carson Bell
>Statera only has 4 tokens
and it owns zero assets neither of those are true. There is almost 400k currently in pool. In the Delta pool there is almost 1 million
Owen Brown
230k??? 40 years old???? lol my house is worth twice that and im 31. lol bloody wanker lol my British empire lol. gtfo broke boi.
must suck not living in america
Oliver Hall
>Statera doesnt own anything? It owns every token in each pool and is constantly buying and selling. >why would you need sta then?? Because it creates more volume in every pool it is in because of the deflationary aspect combined with a balancer.
Colton Brown
>its gonna burn itself?? why not just start the supply at 1. Because with 18 decimals it goes to Quintilion meaning burn doesn't do much I dont think I've ever seen such a brainlet take on something in my life.
Aaron Fisher
Your not getting it. It’s volume Farmington’s it’s Statera’s deflationary mechanism which creates so much volume.
More volume = more fees = more roi
Kevin Gonzalez
Your shitcoin literally started as a ctrl+v of Statera. But after noke didnt know how to keep the deflationary part he copied the idea of statera but still failed again.
Ethan Rivera
The pools value is from people. Statera doesnt own anything? which if they wanted to, they can withrdaw the the funds.
answer me this if everyone who pooled in pool withdrew their money. what woulds its value be?? 0 because sta doesn't own itself or any underlying assets.
David Young
Lmao. Farmington’s
Auto correct man, whatcha gonna do
Luke Lee
400k from people, statera the project doesn't own this. because if they did people would not be able to withdraw their funds. if they did its value would be 0
Cameron Lopez
Devs are pooling and keeping it there. >answer me this if everyone who pooled in pool withdrew their money. what woulds its value be? Thats a dumb fucking question. Are you really asking what would happen if no one is using the coin?
Caleb Jenkins
Why would everyone in the pool stop using statera? They wont. Just like your shitcoin copy wont last for 2 months like everytime.
Nathaniel Perez
No its a simple question and you just answered it.
So if everyone withdrew their funds only the devs funds left would be left.
This means that the devs would own the last of the money pooled. This mean statera doesn't own anything because that is dev funds
what does statera actually own that makes it an index funds
these are simple questions??
what does it own?? (index owns its assets)
and what gives it broad market coverage?? (4 tokens?)
Chase Lopez
What is an index fund?
An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.
The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.
The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.
Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own
Elijah Miller
can you answer these two questions?
Joshua Young
>Forty year old boomer
a fucking boomer that doesn't know how index funds work trying to shill me STA? Try again pajeet, if there where flags I would call you out on your VPN usage.
Carter Murphy
This is decentralized you fucking retard. The people own the assets. The delta token is just jetfuel to a balancer to create more volume. The deflationary index fund is only one thing the STA token can be used for.
Benjamin Long
and let you guys know sta is a good project, but it is not an index or own assets
so before ya'll go crazy on me
All i am saying is that Statera is a good project
but it is not an index
as it lacks, broad market coverage and assets
Jack Brown
Whales are milking it for easy gains. Up, down, up, down, up, down.
James Moore
>and what gives it broad market coverage?? (4 tokens?) THIS SO MUCH THIS.
FUCK QQQQQQQQFAGOT tho, STA is garbage too. You lot arent getting my PNK and LINKIES
Ethan Lopez
and index holds assets
if every investor sold, it would still own some assets
if everyone sold statera what would it own?? value 0