Old one 404'd...No shills allowed, just comfy talk
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
Get a side STAck of something else to play with so you don't fuck with STA. That is how I coped through 3 years of holding LINK. Currently I got a side STAck of Howdoo/Hyprr to keep my mind busy while holding STA
Asher Johnson
You still trying to pump this dead project? Yikes. Buy STONK instead.
Julian Morgan
The market is starting to flip green, wonder if our time is soon.
Hudson Perry
>You still trying to pump this dead project? Yikes. Buy STONK instead. You got it the wrong way.
Levi Scott
Fair enough user. This does only represent about 12% of my holdings I am a poor fag so I don’t think I’ll sell... it also seems like the pooling isn’t worth it until the next pump either so just sorta stuck I guess. Willing to HODL though, it won’t ruin me
Samuel Gonzalez
All-in’d at 10 cents after the initial pump to 15, held through all of the bullshit and hack, sold at 8 cents for something else and immediately watched this take off in 2 days. Bought 1/3 of my stack back. Traded that for FLOW all-in. Did 8x with that. Made good money on other meme tokens. Now I’m back with my original suicide stack and a few extra thousand dollars locked up in FLOW. Please tell me this ride is going back up Zig Forums, getting my original suicide stack back plus other money was always the end goal.
Jaxson Cook
Pooling isn't worth it if you dont have sizeable bags.
Luke Green
What is a sizable bag if 5K isn’t? I’m guessing you’re talking about beating transaction fees
Grayson Hernandez
We still got the same amount of holders. Once the market turns green again we will pump. Alot of news coming to.
Anthony Rodriguez
Bag holders want to dump so hard, any upward momentum will be crushed
Meanwhile many whales are up 5x or 10x on FLOW and it’s been stable above $1 for days
Aaron Lopez
Did the same and was lucky enough to get out when it shot back up to .27 the other day. So fucking glad I only lost a few hundred dollars from this scam. Learned a valuable lesson though
Jaxson Taylor
This is a great example of the coordinated fud.
STA fud campaign confirmed. Literally confirming STA is the next LINK. IDGAF if I am shilling. I bought link at 20 cents in 2018 and I get to call being an oldfag holding 75k of link. Now go buy STA to hedge the dumps. I spoonfeed you idiots enough, go do what you are fucking told.
Aaron Ramirez
Agreed, I have 400k plus STA and it is very lucrative at those numbers.
Evan Harris
5K might be decent to pool with when we hit 50c or so, but at the moment you wont generate many returns to be worth having it in there. It's really only useful at this level to serve as a way to keep yourself safe from dips as opposed to turning a sizeable profit.
Ryan Martinez
honestly thinking about joining this coordinated fud campaign. Get the price where they want, so we can moon again
William Sanders
None of these tools in here know where that pic is from lol
Jackson Morgan
Remember last time we slowly crabbed down? I remember what happened next!
It's amazing how many anons pop in to try and save us all from certain economic disaster. And they were all lucky enough to sell the local tops and advise we do the same "before it's too late."
Thanks so much, altruistic anons who have everyone else's best economic interests in mind. Really swell of you.
People are so reactionary on biz. The entire market is dumping, Statera is and will be fine. I plan on holding for the long-term so this all means nothing to me. Might buy if it goes under under .12 though.
