Ok Statera holders

If the coin is meant to balance an index fund while making use of the volume to generate fees, can u explain to me how it

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Don't even think about it user. I lost 5 eth on it I just sold. If it was meant to succeed it would've done so already

You can be in the explanation of how it.

The coin itself is not an index fund. It’s a deflationary token.

It’s meant to be added to an index on BALANCER, which seeks to buy and burn more by arbitrating between the tokens in the pool. After a hack on Balancer, it is no longer used on that website. However, everyone was expecting a dump and most of Zig Forums is too stupid to figure out how the new pools work after the hack, so it’s just kinda dumping weak hands until the team develops a new solution for normies to be able to understand. Token still functions as is, but is limited by people willing to take time to understand how the tech works and just want to see pepes with dollar signs immediately.

Shame it was banned my Balancer recently

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Thanks.
This is true?

Until Balancer Gold exists it takes a bit of brain power to figure out how to use the token in a pool. Most people on Zig Forums don’t have the know how to do such, so it’s dumping currently.
It’s a 5 month old coin. No one reached top 10 market cap overnight. It may have been a good choice to sell, it may not have been. Let’s find the new bottom. Allowing yourself to get emotional about money and FUD a good project with some set backs is quite silly.

Anyway, mostly I trust the devs on this. People are responding around the clock to questions on Telegram. Genuinely, there is a strong community around this project that wants to help it succeed, but, it has its setbacks being such a unique idea. I recommend joining the telegram and asking questions and seeing first hand how the community is dealing with issues and working to fix problems associated with this project. It’s definitely not a pump and dump, and definitely has serious potential. It just unfortunately will have some unexpected speed bumps on its way to reaching its potential.

>This is true?
Old news. Statera hasn't been a part of the Balancer pool since the hack. It was replaced by the Delta token which allows the burn to happen on Uniswap. Basically it works just as well if not even better this way but it is more complicated.

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Also adding to my previous message, "recently" in was back in june or around those times so 3-4 months ago. The system has since changed and the current ATH was hit after these "recent" news.

explain me how it

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if this doesnt explain it for u just buy a bag and figure it out later, youll be glad you did

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I just want an ADA, BTC, LINK, USDT, STA pool and to let my money printer go brrrr.

We need news before the Bitcoin pump. It’s really down to the wire here. If this coin does well, we have to wait until next year to figure out what to do with it otherwise people will pull for BTC.

Statera's success is inevitable. It quite literally cannot fail, because of how its been designed.
Fact, not opinion.
It's just a matter of when.

Agreed. I don’t think it will drop below 5c and if it drops below 6 I’ll be quite surprised. It just needs a better interface, because the old one got fucked over by the balancer exploit.

I think eventually we will get there. It's a possibility that once Statera gains enough traction the devs will create their own balancer system and we don't have to rely on Balancer Labs who were reluctant to work with Statera from the start as they deemed it too powerful volume aggregator for their pools.

Eh I don’t think the team has the time to do this, and balancer is already working on a solution to deflationary tokens. All of this is just brand new technology, so it’ll take a second for things to come easily and be accessible to people who aren’t complete nerds.

Still a better buy than Kleros, lmfao.

Yeah I'm not talking about tomorrow but eventually if Statera becomes big enough it doens't need to rely on other projects to grow anymore.

Yes but that’s not the point of this project at all. It’s a community driven project and solving issues involving algorithmically trading between liquidity in balanced pools is NOT what the devs had in mind while creating it. All of them clearly have day jobs and Statera is just a brilliant little side project and these issues obviously are being solved by third parties as we speak.

wow, medium article from Axia protocol that is having problems daily and muting chat every single day due to problems and delays and what not. Like you people literally don't have anything to FUD anymore, you unironically wasted all the ammo. Nice try, not selling...

It's not Axia related, it's just not as recent as he claims. The article is from late June and STA hit ATH only two weeks later after it was "banned" - not that big of a deal afterall.

Sorry got the dates wrong, date of article is Jun 29 while STA hit ATH on Aug 11 so 1.5 months later.

>It’s a 5 month old coin. No one reached top 10 market cap overnight.
YFI did
>Well ... YFI did.

>Nobody started out super popular and strong
>Superman did
>Well Superman did

>This token is only 3 weeks old
>It's almost 5 months old now.

Look, don’t invest in it if you don’t want to invest in it. Yiff token also dumped in value after the initial pump.

he will fomo in at 20c and STILL make a shitton of money, in his own time he will come

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Name one reason why this coin will succeed. You can't. You ran out of ammo. "balancer refund pump" "whole market is down" "dashboard soon (december LOL)" "megan gets replaced by someone else soon"

You lost it. I bought at 1 cent and sold at 0.44 so suck it

Also Yiff did a 40x. Statera has already done a 470x increase from bottom to ATH. Obviously, there will be a dump period following. With no news, and a team scrambling to come up with issues related to a balancer exploit, its value will obviously fall.

It has no equivalency on the market and once it finds its footing, anyone who sold right now will likely feel quite dumb.

If it already did 470x it cannot pump anymore, you know that right? The chance is like 10%