Statera fits the Ponzi way better than your average crypto
>Unregistered Investment
Is a DeFi coin, rugpulls everywhere
>Complex and Secretive Strategies
The Statera ecosystem is way too complicated for your average crypto normie to understand so they just assume it’s good
>Unregistered Sellers
Dev team is nearly completely user and refuses to disclose the multiple GitHub accounts and their identities
>Issues With Paperwork
They got hacked, and the updates keep getting delayed. They even admitted in the TG that the Dashboard is harder than it looks like. The Dashboard, it’s a psyop. The reason it has taken so long for them to develop it is because it’s mostly to milk new investors from the hopium that dashboard release creates when in reality it means nothing.
>High Returns Constantly
Read any financial report. They claim the fund has made an average of 100% APY topping at 1000%+ APY. Average in this scenario is equal to consistent for that time period and that is clearly intended to be used as a number for future returns.
>High Returns with No or Little Risk
Same thing as above. Good day for STA”, ”We will all make it”, ”Week has been going great for the STA team” yet nothing has happened since August.
They still hold a massive part of the supply. Big enough to sell and make price tank 50% in an instant. Imagine price was $16, and they could sell and instantly crash the price to $8. Tell me, is that a ”small portion”? They refunded STATERA tokens after the hack, that they originally had when they created the project. Not a single penny of real money was paid from their own pockets. Bitcoin is used for most payments. Ethereum is critical for many transactions especially in the DeFi space to exist. Chainlink creates an interconnection with the outer world and the crypto world. What does Statera do? Uh, ”print money”. Again, it doesn’t solve anything. It is literally another Bitconnect and this is a classic argument of a Ponzi.
