Old Thread archivedLINK:STA
2018:2020
0.20:0.03
JSONPRASER:DEFLATION
Russian:African
Meme:Meme
ORACLE:INDEX
FUD:FUD
What is an index fund?
/STAG/ Statera General
Leo Wood
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Carson Perry
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
Joseph Clark
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STATERA is Finance 2.0’s answer the personal yet decentralized and immutable blue chip crypto index hedge fund manager.
Caleb Hughes
When you know, you know...
Ryan Green
AAAAAAAAAAAA
IT WON'T STOP BLEEDING
GET A TOURNIQUET OR SOMETHING JESUS CHRIST
Luis Davis
Just get comfy frens
Easton Wright
It's hard to be comfy user. I'm spooked.
Thomas Kelly
you are not comfy because you do not know.
Imagine you get on chainlink at 20 cents and it goes to 60 cents and then again down to 20 cents and there is no mainnet and ALL the threads on biz are calling chainlink a scam. Now fast forward 2 years when all those people who called link a scam have killed themselves and you are still alive with your big dick LINK stack and buying STA telling other anons how comfy your STAck is and a new set of anons are calling STA as scam getting ready to kill themselves :)
Nathaniel Stewart
Thomas King