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
Oliver Roberts
Adam Roberts
When magic money line go down:
Julian Edwards
Samuel Cruz
I'm deaf, someone dictate this message to me.
Adrian Young
Unironically this.
Asher Stewart
Just keep burning
Cooper Russell
I Like Statera
Jaxon Scott
I’m spooked into buying more
Cooper White
Lol, we have comfy community...
Tyler King
Same here.
$0.13 now...
Isaac Harris
13 cents you bag holders must be proud!
Jaxon Fisher
Comfy af. Waiting to see how low dolphins selling take us to increase my stack.
Sebastian Sullivan
Someone just let me know when it hits $.10 so I can buy back in
Camden Ramirez
It is fine :)
I am comfy waiting for $10 EOY
Jace Carter
And even that is fud. So comfy, only wish I was holding more.
Zachary Stewart
AAAAAAAAAAAAAAAAAAAAAAASSSSSSSSAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAWAWWAAAAAAAAAAAAAAAQAAAaqqaaaaqaaa
Zachary Bailey
Welcome back general Sta threads
Matthew Cox
I'm very much in the green as I bought early so yes I'm comfy. Feel bad for those that FOMO'd in at the top but that's how it goes. In the end we'll still be winning anyway.
Logan Wood
Remember when people said that Statera is going back to 10 cents or below, and the delusional shills refused to accept it? 25 is the floor, they said. 20 is the floor, they said. Moon soon bros.
Nathaniel Davis
Comfy as always fren :)
We all going to make it.
Angel Jenkins
I'm scared frens, this is my first coin. It will all be okay won't it?
Cameron Roberts
the only way you lose is if you sell here friend. this thing is going to be huge.
Gabriel Nelson
If you're not a swinger then close your eyes so the pitfall doesn't look so scary.
Imagine being a swinger who looks at the coin going from 5c to 45c then sells and then hopes for as low as 10c again
Daniel Gray
Why do you care, user?
Charles Cooper
Bought a 5k stack at .29,
It's not much but still
>FUCK
Evan Richardson
>One way to think about wrapped STA is like a token pegged to another so the contract doesn't function on it but it acts like an IOU while the actual token is locked while wrapped. This allows you to buy STA on a centralized exchange that doesnt want to have the burn function on. The burn happens outside of the CEX but you can buy STA and trade for it via wrapped STA on a CEX. There is no reason for the devs to do this unless another upcoming major exchange that was announced (top 5 possibly chinese) was not at minimum Kucoin in volume. After one CEX the others are easy with wrapped STA and with balancer as a candidate for coinbase thus means STA will become a top 25 coin by 12/2021 with tokens burned at over 45% per quarter (only 3x the current volume). So imagine that by 12/2021 if the integrative pools (think defi pools like yfi, ampl, etc) are active and the new exchanges are listed then the mcap is $750 mill similar to LEND or AAVE but the supply is now 43 mill, that makes the price a minimum of $17.44 by Christmas.
HOLY FUCK