Didn’t see a STA thread so I made one. Holding alright despite the lack of news. I think the next announcement could launch the rocket again because something literally happening.
Statera
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Holding in there too, friendo.
Not pooling at the moment because I'm expecting a pump. Always seems to happen at this point in the curve.
Yea, but we probably wont see something huge until December
It's kind of FUD for everything to be dependent on the dashboard. Instead, we should be educating people how to pool, etc. and discussing the merits of the white paper.
Mark is doing a DigiFinex AMA tonight.
digifinex.zendesk.com
This is a long comfy hold imo. My stack is safe and sound
We might, no official word on that. Just have to wait and see.
I envy Mark, he has fucking everything.
No point pooling now. Pool at $1
what's the circ supply right now.
85.3M
The current burn rate is so damn low. There’s been days when the daily volume was only 1/100 of the highest which was above 3M I think.
Can anyone explain to a brainlet what impact liquidity and volume in the balance pool will have on APY - If liquidity and/or volume are higher will APY be be higher?
shame. the original balancer contract was much better than the two pool idea going on just now. wish they had just waited for balancer gold rather than going the shit route they are just now.
also bitpanda launched recently a rotating top 5(and more) investment idea. all they need is dividends paid into the pool lik etfs and that's it, easy 20% returns a year. statera could have done this if it went the way or yearn. but alas, we were too early and didn't sell at the right time
They couldn't just wait around for Balancer to get their shit together though. They had to find a way to make it work, and they did
If / when Balancer fixes the issue with deflationary tokens, then another pool could be made that is just like the original one. No reason we can't have both
Very basic explanation, somebody correct me if I’m wrong:
>if you own 1% of the pool you’ll receive 1% of the fees
>fees are a set % from the daily volume
So bigger share of the pool/more volume makes your profits go up.
For Statera the idea in the early days was just to pool when it reaches a local top. More liquidity stabilizes the price whereas unpooling causing less liquidity makes the price move (preferably up ofc) more easily.
I believe the current system works just as well but it’s just much more complicated and that’s where the dashboard comes into play.
I dunno. I kinda underestimated Zig Forums on the ability to understand this coin and it's white paper after the pump. I really thought people would buy in. Instead, a bunch of people flocked to an already pumped Kleros and we're seeing the fallout of that right now.
>another pool
that's the reason why the volume is collapsing though. not being able to pool directly into the index (ie the balancer fund) and having to assume the 'lmao it volumizes everything from uniswap pool' is bullshit and you know it, judging by how low the volume is. If you got in on stav3 day 1, you were still up like 5000% or more after the hack. I paid 0.5eth for 250k tokens or something like that when statera v3 launched.
still holding too, but it was so cheap to me that i don't care. was a fun little experiment when it lasted. but yearn will end up doing a decentralized rotating top 5 with a volumizer and then it's game over.
lots of people bought in late, after the hack. we lost statera generals and everything. place was great a few months back. i really loved the original sthanos idea. this new one just doesn't cut it for me.
There won't be news until December. Pooling now is fine. Just unpool when next big news is out
When the dashboard is out we need every fucking nigger here to shill it outside of biz. Right now it’s just not that worth since it’s basically a half-assed project without it.
The news might come next week, you don’t know that. I’m expecting things to start moving early November.
As long as no Statera killer is successful, Statera will explode.
I wish, but they said they could only MAYBE give a rough ETA in a few days. Expecting it for this month is delusion.
250k tokens for .5 eth
Jesus fucking christ.
and i was late too, there was a few anons that had a mil, and many close to a mil. comfy frog poster and iain girl/guy whatever that anime is.
>Half an eth for 500,000 dollars at peak
God this project is beautiful. I bought a 50k stack at .05 and thought I was being clever.
My educated opinion about STA: Make this 10% or even 1% of your portfolio or else you'll cry yourself to sleep every night.
Disgustingly incompetent P&D turned cult token for crypto babies who hate money or love swinging. Could have easily 100x'd on various other tokens like XOR, PAMP, Trustswap, BUIDL, YFI clones like MEME, Pickle, Yfii, Nyan.
Whoever bounced from Ampl to YFI with a 300k USD investment would have like 30M by now without suffering major slippage. Then they'd put it into ETH, LINK or UNI and 10x long or short. They'd easily have 100M they could have single-handledy bought all the dolphins off and pumped STA to a 500M marketcap and provided advertisement for.
For such a cultish/loyal community you guys sure are bad at being productive; advertising, developing, pricing out dumpers. You're all just looking at each and waiting on the others sticking fingers at each other. STA is literally a swingers' P&D token which couldn't be arsed to get the launch done properly at day 1. It's no better than ESH at how incompetent it is.
Enjoy your stagnation and delusion, you get what you asked for; a community-driven token with no big names that hinges on adoption and a community to do something, but said community does what the token does; stagnates.
There's projects with no working product that get pumped on advertisement and hype alone. Case in point; keep stagnating.
You guys seriously could have saved this project since day 1 if you just had more money and fucking swinged the initial V1,STAclassic,V3, hack fuckups.
This token bleeds due to no advertisement and dumps hard because you didn't price out the weak hands. It's not good for a token to have so many irresponsible weak hands and such a lack of advertisement. It's not healthy for the top 20 to not have money in other investments. Also not healthy for the top 21-100 to each have 0.5% of the supply when the liquidity is so weak. The top 21-100 should have only had 0.01%
And the beauty is, in the future someone will think these prices were a steal.
Stopped reading when you started talking about ”if you woulda done this with that you woulda had this much money”. Actually cringe I’d rather see pictures of dogshit with STA logo on top of them
A project so simple that has already done a 470x and looks like it's going to pump way further is rare as hell. Also fudders seem encouraged to a certain degree more than in Kleros threads. Kleros was kinda a predictable failure in that most users didn't want to discuss the white paper and the ramifications of it.
>Didn’t see a STA thread so I made one
Do you ever stick your finger in your ass and taste it because you forgot what it's like
>He didn't invest in Statera
I guess I'm missing something. I thought the whole idea was that STA would eventually become a part of many pools
Also the reason volume is low is because people are anticipating a pump. Not because they don't like how the Phoenix pool works