APOLOGISE
APOLOGISE
Ethan Murphy
Other urls found in this thread:
James Bennett
??? Schizo kicking in?
David Watson
sorry for what?
Cooper Phillips
Notice the shills even though its down 90%. Goes to show that those three pajeets in Discord will never give up. Sad. Don’t fall for the Ponzi.
Ian Stewart
john you're a fucking spastic and you stink so badly of coon i can detect it from the other side of the world
Leo Cooper
these two anons are one in the same
Isaac Bell
All that because he wad banned my an evil Mod on an UNOFFICIAL Telegram Channel?
Bahahahahaha
Jaxson Wood
Statera holders are extremity high IQ or the lowest IQ, there is no in between. I bought at .005 right when I found out about it when it became V3 and then sold two weeks ago at .22 cents. Still holding 100k for long term. The memes are excellent and this shakeout -80% shakeout is nothing because it’s not even a 8m market cap. The smallest of whales and minnows can move this market. If large coins like BTC and ETH correct 20-40%, alts and especially smaller shits correct 50-90%. This is the best buying opportunity right now. Invest, don’t trade.
Kevin Young
Still one of the most legendary threads this year...
Dylan Clark
Yup...
Jason Murphy
boys let it drop so we can get them cheap af
Ethan Evans
Kek this will go crypto history books...
Blake Robinson
How did he get away with it?
Brandon Sanders
Jack Baker
dangerously based and knowing my good sir, once the dashboard is launched and everyone starts pooling and the APY shoots to the moon noone will be able to resist or stop it. consider the fact that only 65 wallets are pooling out of 4300, its going to be satisfying watching all the dogshit posters buy in at $1
Jackson Wright
Exactly how Bitcoin operates with halfings. Statera is just...something else entirely. It's a clever lil fucker that either leads to an unlimited money lifehack or nothingness.
Adrian Cruz
i didn't like this image until someone put capebro in it lmao
Adam Green
>went up 3% after a 98% dump
yeah, I am thinking we are back bros
Julian Brown
I was down 30% when I bought at 10 cents and held to 7 cents, luckily it pumped back to 10 cents so I could get out for a breakeven. I’m just pissed that these guys at Discord keep luring newfags in.
Adrian Nelson
Literally ignore the shills. It’s a couple guys who also shilled XMM and STONK until it rugged. They sold STA early and are now trying to get someone to buy their bags again. It’s really cringe
Asher Howard
Yeah that's meme is top tier with cape bro
youtu.be
Josiah Morris
we're lucky to have you around to look out for us, thanks user. just remember, when statera is past $1 suicide prevents you from going to heaven
lol what, XMM didn't rug, it has locked liquidity until 2021, it literally cannot rug you schizo, the feud between xmm and statera is long over, madfren was found bleeding out in a sewer a few months ago
Jacob Clark
Is 45k a good stack?
Aaron Powell
>madfren was found bleeding out in a sewer
Fucking lol
Ayden Morris
hows $45,000 usd and $450,000 usd eony sound?
Luke White
Still no answer why the deflation is there. Sta would do the same thing (balancing pools) if it wasn't deflationary. The only thing the deflation does is:
>a) leak funds from the liquidity pool, you could theoretically make 1% bigger gains but the deflation is there so you lose it
>b) make it a pseudo ponzi as those who bought early get to dump on those who buy in later because of a lower supply. Just watch what the early whales who bought under 1 cent are doing right now. It's clear as day.
Charles Ortiz
-----------------------------------------------
Do you like Abu Collins? I've been a big Deflationary
fan ever since the release of their 1980 project, Statera. Before
that I really didn't understand any of their work. It was too
artsy, too intellectual. It was on Statera where Abu Collins'
presence became more apparent.
I think "Indexed Deflationary Token" is the group's undisputed
masterpiece.
It's an epic meditation on deflation, at the
same time it deepens and enriches the meaning of the preceding
three projects. Fuder, take off the robe.
Listen to the brilliant ensemble burning of Scott,
Abu and Soulvaki. You can practically hear every burn
of every instrument. Fuder, remove your dress.
.
In terms of code craftsmanship and sheer
codewriting, this project hits a new peak of professionalism.
Fuder, why don't you dance a little?
Take the buy to "Uniswap." In this
exchange, Abu Collins addresses the problem of high slippage
authority.
He turns on the video camera.
Fuder, get down on your knees, so Abu can see your
sell orders.
Abu Collins solo efforts seem to be more commercial and
therefore more satisfying in a narrower way, especially
with incidents like "Balancer Hack" and "Against
All Odds." Fuder, don't just stare at it. Buy it.
But I also think that Abu Collins works better
within the confines of the group than as a solo holder-and
I stress the word holder. This is "Statera," a great,
great project, a personal favorite.
James Ward
Is it true that even if this went to almost zero, a handful of people could buy the entire supply and pool it all to be pretty much set for life?
I read this a few days ago, unsure if it was a LARP
Luke Young
1/2
market cap = supply x price
As an example for 5,000 supply at $2: $10,000 = 5,000 * $2
Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:
1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply to 4,500
2- Ignore the demand/price force for STA’s utility (for now)
Since we are ignoring demand, the market cap will remain the same. This burn will therefore cause price to increase:
10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.
This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.
Thomas Evans
Yea, if it's worth one cent you only need a milly if everyone sells it to you. Larp.
Eli Ross
2/2
Now we can talk about STA’s utility: why would people demand STA? What does it do?
Balancer gives a return of 1% of total transactions volume that happened from all the rebalancing. Remember, rebalancing does not only happen from STA’s ripple effect mentioned above, but it also happens when the other 4 coins move in price (which by the way means more STA is burnt). That 1% on volume does NOT mean you get 1% on what you are pooling. It means the following:
Example: if you are pooling $10,000 and there is a total of $100,000 being pooled, with a 24h rebalancing volume of $50,000, then you will receive = ($50,000 x 1%) x ($10,000 / $100,000) = $50. Your daily rate of return is therefore $50 / $10,000 = 0.005, which means an annual rate of return of 0.005 * 365 = 183%. People called Phoenix’s return as scam because they are high, but they are not a scam but actually STA’s genius.
A lot would be very happy with such return, making them want to pool. You would think that as the pool gets bigger, your portion of the reward gets smaller but remember that when people pool, STA is being transacted and burnt, causing the rebalancing volume to rise and therefore increasing the 1% total reward as well.
The Balancer also balances liquidity / fee income demand: if liquidity provider believe they can get higher interest in other defi, they will remove their liquidity from Balancer. But then this leads to an increased fee income to those who have not removed their liquidity (MINDFUCK). Keep in mind all this burns STA as well.
Now add to the above all the demand action from wanting to buy and hold or buy and trade.
Whether you think it has value or not, no one can stop it. People will want to earn high interest income. Balancer will keep balancing. Statera will keep burning. And the tokenomics in my OP will keep repeating itself.
Wyatt Rodriguez
Very organic. Definitely not the same person.
Also still waiting for an answer to this. Funny how I never get an answer. Wonder why?
Anthony Morgan
T’IS how ever impossible to go to 0 the burn function will kick in. Supply is going down too each month. I have been taking screen shots and it’s legit.
Dylan Roberts
bought 8900 at 0.0368 earlier today. will i make it
Josiah Green
user I need a Meme made anyone in? I can send some Statera as compensation. A simple Meme/Ad
Michael Evans
That all sounds really fucking good, user
I have another question - it appears that this is a very swingable token.
What's to stop it from being swung forever, so to speak?
What I mean is, is it possible that we may not see any more pumps, and instead it just crabs forever as the swingers do what they do and suppress it?