Statera General /STAG/

No shilling, no fudding.

Discussion and questions only.

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docs.google.com/spreadsheets/d/1Nj64AskLLHhigAVfu875TjBy4uEbU9uVkIxNUAJ_9qM/edit#gid=953096106
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What makes Statera special compared to the other deflationary projects?

How do you figure return from the balancer?

>her

>No shilling
>No fudding

Ok, ummm...
I hope the price of STA goes up, because I hold STA. That is all.

This shitcoin is dead. Devs moved already to other project.

Wait a minute, WAIT A MINUTE!!!

All of this fud that I always see in Statera threads, saying that it's a scam, has no usecase, or that the Telegram admin is a tranny...

Why would anyone care so much, and take so much time to shit-talk something that they aren't invested in?

Fud must actually be a good sign. All of this Statera fud is just from people trying to tank the price so that they can buy more for cheap. They're doing this because they know it's going to moon. Holy shit, how come I never thought of this before?

I've gotta buy more Statera!

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There's an AI that has control over a balancing pool. It will buy and sell STA to keep price more stable. To be more precise, it has its own wallet/pool of 5 tokens - BTC, ETH, DELTA (50% STA, 50% ETH), WSNX, and LINK. It is coded to keep these tokens in constant balance no matter what - i.e. if BTC raises in value, it will sell some of the BTC to get ETH, STA, WSC, and LINK such that the BTC in the wallet is equal in value to each other coin in the wallet.

In short: STA price drops -> the AI will sell other coins to buy STA for when it recovers. Let’s say the whole pool is worth 5k in the beginning (so 1k of each coin) but LINK went up 5x, which now makes the pool worth 10k. AI will now sell LINK and buy more of the 4 other coins so that they are of equal amount (10k/5=2k of each coin). The pool is now weighted equally, but still doubled in total value from 5k to 10k.

During all of this balancing, any transaction that involves balancing (selling or buying) of Statera means 1% of the Statera will be burnt, increasing price preasure by deflation. So even when all 5 coins would crab, you get paid in fees and at the same time Statera becomes less in supply by the burning. When the market crabs/drops you burn STA and get fees. When it moons even if STA still crabbed, the AI will sell other coins to buy STA meaning the price of STA will go up + 1% is permanently burnt.

WSNX not WSC*

Use this and press the “Phoenix” at the top.

docs.google.com/spreadsheets/d/1Nj64AskLLHhigAVfu875TjBy4uEbU9uVkIxNUAJ_9qM/edit#gid=953096106

This coin fucking sucks piece of shit scam if you own it you have never had sex lol.

Army of pajeet fudders doesn't quit. All they do now is yell scam, so boring....

The reason for all the FUD is that the fewer people staking in the Phoenix pool, the better the returns. It's around 55%/year at the moment.

I have a few important questions that need discussing:
How does STA's arbitrage bot compare to YFI? does it do the same thing as YFI?

I believe STA fucked itself in the ass by not going for high liquidity pairs(single assets) like YFI instead of 10+ or 5+ coins index funds.

Who were the twitterfags that shilled YFI enough for the smart money and whales to get in on it so early to propel it from 3$ to 1600$ in an instant? YFI was the next evolution and answer to Aave, Comp, Maker borrowing yield farming.
How much would it cost to get the same twitterfags to shill STA just like they shilled YFI for free. Also I heard Binance listing would cost 100k-300k, but if you had enough volume and let Binance buy a bunch of STA then they'd list it for free just like Sushi was Binance's creation.

If YFI and Aave have y-usdt, y-link, y-dai why can't we have sta-eth, sta-link, sta-dai, sta-yfi, sta-volatile shitcoin.

How does the APY from Delta and Phoenix compare to YFI ? I heard the APY is 3x times stronger compared to the volume. Other pools with the same volume make 3x times less. So a deflationary YFI would kill. Or a YFI that farms nothing but deflationaries.

STA isn't a true index fund because STA or Delta doesn't include all 5 tokens in equal amounts. At the same time we're not single pair farming STA-LINK like we should. We could create pairs in Balancer Labs, but why go through the hassle when we can create pairs on Uniswap.
YFI has like 50+ pairs, STA only has 5 pairs and 2 low-volume pools.
STA's auto correcting bot which doesn't allow for pumps is detrimental in the long run, I don't think YFI's bot does auto price correction against pumps.

you can tell sta is a shitcoin when the shillers use this redit nigger pepe thats not even funny

I don’t know enough about YFI to answer. Would need someone who knows about that one.

Fucking finally someone with some legitimate comments

As a STA holder I'm interested in these points as well

when do you think sta will pump again ? days ? weeks ? months ? and why ?

It won't pump till somebody doesn't either shill it or the whales+dolphins who left it for Sushi,AMPL,etc. won't have enough cash to put back into STA
and even if the whales have enough cash they're too greedy to move the price up, they'd rather get somebody to sell them STA at a fixed price.
And even then they'd also themselves want to see that STA is about to pump 10x rather than crab and make a pitiful 2x before it crabs and bleeds again.

10x when sir

Soon enough my dear Rakesh, better remortgage your village and buy all in.

This is the exactly what someone posted last night. KYS.