I hate money.
Just bought 20k SCAMTERA tokens
Thomas Sullivan
Other urls found in this thread:
youtube.com
etherscan.io
twitter.com
Blake Reyes
Good on you friend.
Samuel Young
based and gonna make it pilled
Leo Miller
Haha, picture hitting em feels
Wyatt King
What's so good about this coin?
Nicholas Evans
You're about to experience either heaven or hell - there's no in-between.
Jace Perez
Btw if you can convince me, I am ready to put like 5000 dollars on it
Nicholas Flores
It took me a few weeks to get it so don't worry. But as the one user here said once you get it you REALLY get it.
Essentially STA is inserted into a liquidity pool. The balancer keeps the liquidity pool in perfect balanced ratio. So if one of the tokens go up, it will sell that token to buy the others so that the growth is steady. So you believe in crypto to succeed then you believe in STA to grow. Also, everytime STA is involved in a transaction (sold/bought/ratio corrected by the balancer) it will burn 1% of that STA, creating deflation and more volume. Now if the demand remains the same or grows, price WILL increase due to deflation. Any of the balancing creates volume which creates more fees.
But what if STA dies and has no volume you say? It does not matter, because the Statera involved in the pool means that volume is also counted for everything else in the pool, so eth btc link snx. Do you really think these will have no volume?
As pool integrations grow, so do arbing opportunities creating more opportunities and more volume -> burn + fees. You could literally be the only one running the pool and get enormous returns. That's why many of the top wallets are buying more. Because if STA goes up in price, the APY from the pool will be absolutely insane. It's not a regular hold and sell.
Of course there is much more to this, but this is the basic idea.
Zachary Cox
It's a self-perpetuating monster that is designed for the sole purpose of generating wealth for the holder. Read the first few pages of the whitepaper, ponder it, and when it clicks your face will melt.
Jonathan Martin
If more people buy, and you are pooling, and the APY increases.. isn't this an invitation for whales to eternally dump and get richer..?
I don't see how a normal person can win, only the mighty whales win in this one..? am I wrong