>currently low market cap >simple, solid and rugproof project >team has proven to be legit time after time >huge pumps in the past - shown to have potential for very large jumps >solid support line met, great entry point
Statera (STA) is a smart contract powered Indexed Deflationary Token (IDT), which synergizes with a trustless and community driven portfolio of class-leading cryptocurrencies.
Every trade for Statera creates an arbitrage opportunity. Trading attracts liquidity, which in-turn attracts trading. Liquidity ripples and the supply of Statera decreases.
1. Increases positive price pressure and decreases volatility - caused by the deflation 2. Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage 3. Deflation can be put into any index fund (Balancer pool) or other financial instrument 4. Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable 5. Diversification - You can hold many assets in the ecosystem 6. Passive income- make money while you hold your crypto (over 30% APY)
>pic related is the past 24 hours on Zig Forums >STA on memes alone can reach DOGE level mcap making it $30 EONY
To begin this discussion, I will ask, "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, and SNX all "balanced" with STA. 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 a STA transaction happens for buying/selling/pooling, 1% of said transaction is burned). This token burn along with tokens being locked in pools, pressures prices up to again make sure the other coins will be balanced, but also creates arbitrage opportunities across funds.
Why is increasing volume, liquidity and arbitrage useful with STATERA? Well while pooling STATERA you earn a percent of all transaction fees in the liquidity pool. Please feel free to read the medium article outlining the first 2-3 months which came out to be an APY of 36% essentially creating dividends where there were none (medium.com/@stateraproject). The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled by balancing with ETH, BTC, SNX and LINK leads to an exponential effect and positive feedback loop on price. This leads to the concept created by STATERA known as "Volume Farming."
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
Can’t I just hold BTC, ETH, LINK or any other coins and balance my own index fund? Yes, but can you add in a way to collect dividends (>36% APY) on your coins based solely on their volume/trading? Can you add in a mechanism that causes constant upward pressure in your index fund? Can you capitalize on every arbitrage opportunity for all the above coins to auto-balance and make gains when possible 24/7? Can you do all of the above in a trustless and truly decentralized (largest holder ~6% of supply) manner?
What is the low volume/high volatility problem? If an asset or contract has low volume then it is susceptible to high volatility. This leads to the premature failure of many promising projects and contracts early in development and is one of the main barriers to a fully decentralized and digital world. A simple quant balancer cannot solve this as in finance 1.0 because if the volatilty is too high then such a balancer is subject to fail also. However the addition of a deflationary mechanism creates inherent feedback ensuring that it cannot fail unless the entire digital market (ETH, BTC, LINK) collapses. It allows new projects and new contracts to solve the initial growing pains of high volatility and manipulation. But what if bad actors simply manipulate STA? This is why the fully decentralized aspect is important.
I haven't even gotten to STAking, and yield-farming, and new pools/integrations and new listings on CEX WITH BURN FUNCTION LEFT ON...there are so many more the investors know about for EOY and more in the works before EONY along with the bullrun of 2021.
STATERA is organic growth. I held link from 2017 while all manner of fad/shitcoins pumped violently BUT LINK WON OUT IN THE END. THIS IS WHAT BEING EARLY IN AN ORGANIC PROJECT LOOKS LIKE. THIS IS BTC, ETHEREUM, CHAINLINK. STATERA WILL ONE DAY SEEM OBVIOUS AS IT TAKES ITS PLACE AS A TOP 5 COIN, BUT IT WILL NOT BE THIS DAY.
>imagine having a folder of pictures of dogshit because you got banned from a telegram by a tranny for fudding your own coin in front of new buyers. user, I am worried about you. Please don't kill yourself ok?
Landon Sanchez
I like your energy, dude!
Here's a fact: Statera is the new Zig Forums coin. It's unironically Link @ 10c. You can either deal with that fact and join the party, or shut your stinking pirate mouth. Thanks!
Top 80 holder here. Past few weeks had me a little nervous, ngl - impatient dumping dolphins fucking ruined the chart. But you can't keep this project down.
Jacob Peterson
I am top 25 and only 1 of the whales had shaky hands. The rest of us are trying to get more. I want to beat the chinese whale. Lend me your strength american biztards...
You almost got 4444 digits on this thread too. Damn sick so close
Liam Hall
>that 57k dump What's interesting is that the dump wasn't nearly as bad as it would've been a couple weeks ago STA's gaining resistance to shaky hands, it seems
Aaa here he is. They let you out today a bit ey? Ok, but dob't forget to take meds and talk to you therapist. Collecting pictures of shit is not normal and you are very sick and disturbed individual which they already told you. Nice try, buying more
Hudson Thompson
And of course 1 post ID FUD...
Robert Morris
Just ignore the retard
Bentley Price
>currently low market cap Because devs dumped their bags and no one wants to buy.
Justin Hernandez
the only thing ever dumped was a fat refund, ultra weak fud