The price doesn't need to reach astronomical levels for you to "make it". This is not a traditional buy and hodl coin.
Let's say you secure yourself a stack of 20k STA which today is worth around 2k dollars. Now suppose that within a year or two the price per token reaches 4 dollars which is not at all an unreasonable expectation. At this price you may choose to take half of your 20k STA stack which is worth 40k dollars and pool it in the balancer phoenix pool in the form of delta tokens (STA/ETH). Now if we take roughly the average volume and liquidity in the phoenix pool during the past month (let’s say 30k and 250k respectively) and plug those values into the statera profit calculator we see that our pooled 40k dollars is expected to have grown to 74 917 dollars after one year, a net profit of 34 917. In other words, you could be making almost 35k dollars per year in passive income alone in a couple of years from an initial investment of 2k. And this is not including BAL airdrops which could increase the APY by a further 50%. You could cash out that money in Delta tokens, but if you wish you could also do it in any of the other assets in the pool, namely BTC, ETH, LINK, and SNX. It’s completely up to you.
Also keep in mind that we have used the highly conservative estimation that the current average phoenix pool stats remains the same instead of increasing (which is by far the most likely scenario as more people will pool as the price of sta increases). If you think these numbers aren’t realistic I urge you to go through the financial report for jun-aug that the team recently released and see it for yourself: medium.com
Here's what people forget or don't know about statera
Other urls found in this thread:
docs.google.com
twitter.com
Do you see how powerful this token is? Do you really think major financial institutions won’t want to hop on the sta train once this thing takes off? You’d have to be insane or incredibly stubborn not to secure at least a suicide stack of STA at this point.
Link to the calculator so you can so you can make your own simulations docs.google.com
Im all in. Please dont fuck me over this time Zig Forums
Me too. I found Zig Forums too late to get in on Chainlink. I'm not missing this one, faggots.
My only regret is that I didnt flip over more shitcoins before so I could get bigger stack. Im here less than a year but still there were so many opportunities
Zig Forums shilled it to me at .45$ and I FOMOed.
I'm looking at different suicide methods.
We'll make it frens. There's a lot to come in the next few weeks starting with the dashboard and a new marketing campaign. Just remember this a long term hold. Patience is key.
Lol, I have a 30k stack, haven't paid more than 10 cents for a single STA. Feels comfy
Shit man I bought the first peak at 15c soon after it was first shilled and then bought more lower. Im barely at a profit right now. Still I held trough the hack below 1c so this small dump now is nothing
Christ I thought I had it bad at buying at .12 and .15
so it's best to pool into phoenix? (which is sta to delta pool, delta pool to phoenix?)
Can someone explain how the contract works when you pool with delta?
How am I ensured my tokens won't get taken.
That's what the fud is for. Your stack will grow in % owned from just holding it.
It depends if you wanna tie your sta to the volume of eth only or to that of eth, btc, link, and snx. And yeah, to pool you'll need to either mint delta or buy it directly on uniswap.
Link snx BTC etc would be better, when it pumps next I'll try with some of my stack. that token burn though - I hate seeing less than what I had
What is the purpose of the token? Why not simply make an index fund contract that uses eth
its not an index fund
It’s not an index fund. It is what makes index funds so much more powerful and especially crypto indicies.
It’s disgusting how obvious of a moonshot STA is. No wonder people are posting pics of dogs shitting with Statera logo photoshopped on it, either accumulating or just memeing because they know they’ve made it during next bullrun
lmfao
All we gotta do is wait. If you know you know.
tl;dr someone explain it to me in 2 lines plz
nevermind I read it like a bigboy.
I'm fucking buying STA right now jesus christ
it's weird that there's this speculative tone people use when discussing the possible benefits of pooling statera in delta/phoenix. you can do that shit right now and get amazing gains if you have access to a good amount of capital. across delta and phoenix i get between 70-300% APY most days. this isnt anything special if you pooled $300, but i pooled >$30k between the two and i basically get very good riskless gains, better than DAI yearn vault and better than DAI -> Aave -> borrow TUSD -> yTUSD vault.
the ironic part is that statera is relatively illiquid compared to coins with similar market cap. its as if people are actively avoiding participating in the most bullish part of the ecosystem.
how long have you been pooling user?
i pooled at a lot of different points, all in the past 60 days or so. APYs for both delta and phoenix are very good because not enough people are pooling. delta and phoenix seem to be comprised mostly of big etherscan wallets (>$100k); i think people still probably don't understand the significance of being a liquidity provider for a deflationary asset
brainlet question, but why is statera an attractive proposition for other index funds to integrate? Not fussing as I own the token, but can’t seem to get my head around it.
Didn't read not buying
*fudding
Check