Price goes up, price goes down. I still don't care. I am not selling.
>BTC, ETH, and LINK will rise back up >Kyber integrates STA >BAL joins coinbase >DeFi pulse index uses STA >statera pools in COMP, MAKER, LEND, and YFI on top of emerging .finance projects and stable coin yield farming projects. >binance or kucoin list statera >coinbase not only lists statera but uses it for their index fund These are the immediate crypto goals after and during the dashboard release.
This thread is not for shills. I give ZERO fucks if any of you buy statera. This thread is for STAllions who already hold statera to discuss EOY price. $1.38 to $12.50 still on the menus boys.
>Not to mention COMP, MAKER, and LEND pools which we are working on right bow and will be the next tasks completed right after the dashboard. We were working on the AMPL pool right before the hack and are revisiting it now but it is exploitable. We are thinking about doing the pool o ly with DLT or BPT to decrease the risk of exploit.
>We are also working on more CEXs trading the delta token or DLT and BPT directly allowing for the burn in burn out function and creating additional arbitrage and price pressure. Why?
>Imagine ETH is 400 and STA is 0.1 and you mint 16 DLT tokens at $25 each consisting of 0.5 ETH and 2000 STA. Now currently in the pool on uniswap there are only 4000 DLT tokens in circulation. If at any time the price of DLT goes down below $25 this is an easy buy because it will mean that you are getting super cheap ether, but there are only 4000 currently available and we hold 16 of them. Holding DLT also means you can hold ethereum but are generating high passive income and this increases demand since why hold ethereum at all when you can hold DLT and make gains while holding ether? This demand leads to the price of DLT to go from $25 to $26 but this means that our 16 DLT tokens total $416 intead of $400 making a net profit of $16 or $8 over 2000 STA tokens. Which is 4% compounded every time this discrepancy occurs and capitalized by the arb bots.
>How many times do you think in a year could the DLT token on a CEX have a slight increase (the 4% increase as above as an example) in price relative to the underlying worth of eth and sta? Call the value "x" now calculate (1.04^x) and that is your gain in terms of apy from this arv concept alone. As an example the discrepancy between DLT and the underlying ETH and STA occurred positively an estimated 20 times in the last month but only at a rate of 1% so if we capitalized on this the it would be (1.01^240) = 10.8x over the year.
I'm kinda retarded, barely wrapping my head around all of this. So, if they make STA pools in COMP, MAKER, LEND, YFI, AMPL, etc., then all of those pools will cause even more STA to be burned at an even faster rate, right?
The year is 2072. There is only one tenth of an STA left. It is split amongst the worlds’ ruling elite and a few really old rich faggots.
James Richardson
Checked and yes. But the volume generated by the pooling and unpooling creates INSANE volume meaning mroe txn fees meaning the passive income you get is insane. Every pool/unpool creates fees, burn, and arbs which create more fees ans burns, all on top of the yield farming income.
Gabriel Flores
>BTC, ETH, LINK pump >STA dumps >BTC, ETH, LINK dump >STA dumps even more
Jeremiah Lee
FUCK BASED. 0.00001 STA makes you rule a kingdom.
Jordan Anderson
You’d have to be a psychopath to hold STA >t. STAggot
