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
In 3 months we burned 15%. If volume doesn't change and we only MAINTAIN our current volume, then (0.85^6) our supply is down to 32 million tokens by EONY...
If we MAINTAIN our rate of steady price growth due to tranasction fees put back into the STA ecosystem without any new buyers beyond uniswap ONLY (not the 4 new exchanges and future exchanges) the mcap by EONY is (1.2^18) of the resistance mcap or 400 million USD by EONY without any other help (DOGE and COMP are 450 mill NOW).
This would put the price of 1 STA token at $12.50 USD WITHOUT accounting for any new exchanges, new integrations, new price vibrations from ETH, LINK, BTC movement/pumps/dumps, and without accounting for the bullrun or BALANCER being listed on coinbase. Now remember that the ripple effects from the above are exponential.
Again, if we freeze market action in place then the price is $12.50 per STA EONY. Do you see how $100 EONY is FUD?
Yeah. I'm a Sta fan, but I don't get the logic of this post at all. Someone needs to explain it to me. Surely it depends on many more factors than just a simple pattern like that.
Colton Cruz
Everyone assumes that market cap will maintain while the token deflates. But a year from now, why would people buy into a system where supply is so much smaller and harder to buy from, when there are people holding more than they ever could because they bought at the start?
Statera deflation and "volume farming" is just collecting fees from other people trading statera, there's no actual value flowing into the statera ecosystem except from people buying the token (which is where tendies/yams/whatever meme ponzi coin of the month also gets their value), and from the balancer pool, which isn't special to statera and is also so small (400k last i checked) that it doesn't have any meaningful effect on the price.
I.e. statera isn't a scam but doesn't produce any value, any gain is coming from other statera holders/buyers. The balancer pool is not special to statera and would probably be more effective without statera involved.
Caleb Lee
Some people only want to look at the negatives. Either because they're FUDing to fill their bags on the cheap, or because they cannot handle a positive community around a project they don't believe in. Statera has both archetypes on Zig Forums.
Angel Reed
Because solely holding the token is not its only purpose. Pooling into Delta and/or using Delta tokens to pool in Phoenix are other ways to make Statera work for you. There is a vibrant ecosystem that makes STA work. You either take the time to understand it, or you don't and claim it's a useless shitcoin.
Gavin Sullivan
I said very clearly that pooling liquidity or pooling on the balancer isn't unique to statera, and the inclusion of STA likely makes it weaker than just doing it without STA.
Statera is a fun idea/experiment but it has no inherent value flowing in.
Zachary White
Getting out of this project at .31 was the best decision I made. Watching it free fall even lower today was extremely satisfying.
Landon Rogers
People said I was crazy when I was buying Statera after the balancer debacle. Believe it or not buying low can make you some good money. Now's one of those time for anybody looking to get in.
All it takes is a simple, basic understanding of economics to understand. Right now there is an abundance. >Hint numero 1: Look at bitcoin. Abundant at the start. Over time, as it deflates, scarcity starts to kick in. Abundance turns into lower supply. >Hint numero 2: Look at bitcoin. Hard coded supply of 21 mil coins and nearing a point to where bitcoin will be even more scarce to come by.
Supply and demand. Difference between bitcoin and statera is that bitcoin goes by inflation while statera goes by deflation. In the end, statera will reach a point where it will be more scarce than bitcoin. On top of that, if pooled, it makes more consolidated gains by making the arbitrage bots trade far more often than in a regular pool. Only issue is getting more liquidity for the bots to work with. Problem with that is that anons know that it's better to hold the token rather than add liquidity when they can make greater gains. Think of this as a temporary stalemate. Either way, STA has a highly scalable ecosystem which benefits everyone involved and will probably warrant interest from big finance potentially in the future. Right now it's under the radar beyond comprehension.
And im reducing the question of statera to its most basic: why am i buying STA in a years time? where is the demand, even with deflation, that will raise prices? I can make a token in 10 minutes that deflates by 50 every tx, doesnt mean holders will make tons of money.
My question is this, where am i getting value from that isnt just selling to the next bagholder? And if that answer is liquidity or balancer pooling, why do I need statera involved at all? And if the answer to that question is deflation, we've gone full circle, and the value is once again coming from other people using STA.
Jaxson Anderson
Think of HODLing Vanguard ownership tokens if Vanguard was a decentralized company.
Grayson Parker
ITS OVER
Gabriel Martin
>capitulation goddamit i need just a little pump to get out without a loss
If this shitcoin was desirable people would have been killing each other to buy it. How much did you pay the youtubers to get brief mentions on this shit coin? How many niggerfaggot whales have dumped?
Is there anyone here that is actually utlizing STA for the pheonix or delta pool? I want to do it, but i am pretty stupid.
Cooper Hughes
fire away
Liam Sanders
fuck off bestgore cuck, go watch suicide videos, this is not for you, how much they are paying you to be a sad fuck, face the wall faggot
Logan Miller
I do, making bank even in this market
Thomas Ortiz
>top 10 whales haven't sold, even after the refund >youtubers who were sponsored at one time started promoting it for free recently >didn't read me saying it being under the radar >literal retard can't understand basic economics >ngmi
And I'll reply very clearly: It is unique to Statera in the sense that it leads to deflation.
Parker Lopez
he's doing it for his complimentary fanta for doing it for free
Jaxson Gutierrez
It is the opposite. Go look at any 10 random balancer pools. They have a fee return chart up on them now and Statera's lowest days beat most of them. Also yeah the pool is somewhat small but should be doubling or tripling soon when the original funds come back kn
Aiden Young
Zig Forums only gets interested when something is pumping. They pile on with hate when a token is falling in price then get salty as fuck when it goes up without them.
Angel Bailey
I held link for 2 years before anybody have a fuck about buying it
Juan Wright
Those who know will make it... $10 EOY; not selling
