>bought in at .009
Statera
If your bag is about 100K, you'll be a millionaire. Good job user. See you at the yacht party in 2022.
Fuck off with this dead scam coin tranny
>tfw 500k STA
Tell me what STA does and then explain how pegging to BTC/ETH/LINK + Burn doesn't equal upwards buying pressure ergo pumping over it's lifetime?
Name one use case
>what is an index fund
Using it as an investment tool to create a more diverse crypto portfolio than a singular coin to reduce investment risks.
The first defi enabled index fund. This is the perfect hedge + normies will eat that shit up because it poses less risk than owning only BTC or ETH. It grants access to the top coins in a safe, secure and decentralized way. The STA devs own less supply than Satoshi owns BTC (
Token is unironically just overhead. Creating ETF style tokens is a good idea, an attached shitcoin that increases gas costs is not.
>gas costs
we won't have to worry about that for a while when eth 2.0 releases.
It's a token, backed by collateral that is deflationary. Over 10% of the total supply has been burned. You'll want to get in on this now and hold for 2 years.
Token absolutely not needed. Will get btfo by something without tumor code that is only there to allow skimming profits.
I dont hold whatever the black logo on the wojak is or any fund token. In addition to the argument about STA being overhead, the inclusion of STA tokens in the phoenix fund makes it less attractive to investors that just want a good basket of well known crypto projects (which statera isn’t).
I can’t believe you think this is a good idea.
>he doesn’t understand delta token and thinks he has it all figured out
Lmao
I know for sure a simple index fund does not need such a convoluted system. Shit has no benefit for anyone but STA holders, meaning it is detrimental to anyone that wants a simple index fund with the lowest possible fees.
only 0.36% of the pool :(
> So in essence instead of investing in an S&P500 ETF, you would want to buy the stocks and rebalance every day manually.
Statera takes the role of an index fund, without fees and the governance token will become rarer over time. It's okay if you don't want a bag but honestly, a 1000 USD worth of this token could go a long way in 2021.
Isn't a balancer pool without sta also an index fund though? I hear that argument all the time.
100M marketcap next pump, checkem
Question, if we take off again, what will a realistic APY from the pools be?
Agree, but Statera acts as a token to get access to bigger pools without owning a pool. Using a "traditional balancer pool" would require you to hold all the assets that go into the pool, while Statera simplifies this. One token access to a mutual fund is unironically a gamechanger. Yes, they've made some mistakes in earlier versions, but they properly addressed that and that project as is can not be stopped. It is out there, and it will grow.
It will, we just need one more pump and people me included will pool (which means the APY skyrocket but to how high idk). I wont unpool until BTC hits 100k.
I've been in crypto since 2015, and this is one of the first time that I've actually used an ERC token. Pooling it will yield far greater returns than just trading it, and over time you'll get more assets AND your assets are worth more.
>without fees
No, they just collect fees through the token burn. Whitepaper even says statera creating arbitrage opportunities (-> burns) is good, when it is in fact creating extra costs for fund holders (that goes to sta holders). Ideally rebalancing should be kept as low as possible..
A good crypto index fund would minimize fees, offer fund alternatives that don’t contain a literally who token, and ideally wouldn’t have a parasitic token at all. It sounds good from the view of an STA holder but the fund needs to attract customers.
I understand your point and to a certain degree, I agree. Don't view statera as additional overhead but as a token that grants access to the portfolio in a decentralized way.
ill help with digits fren 10 bln mcap in 2 months fren
Fucking checked
I get that, and I will pool the shit out of it when we reach 100M marketcap. Won't unpool it either at that point for a long time
Lol it's the idea that you are able to hold your cryptos while making massive gains from pooling them with STA. And the optimal price growth due to autobalancing of course.