Statera - /stag/

suicide stack is less than 1eth, whats your excuse

>dashboard before the 28th (likely much sooner but no exact date)
>huge marketing campaign at the time of dashboard release
>secret project is getting statera back to alpha pool status, being able to pool directly without having to use a UNI LP (delta) Token
>mass pooling event with release of dashboard, APY on phoenix/delta is going to skyrocket and cause fomo like you've never seen
>statera is unkillable
-
>no team/dev tokens have been sold
>no team members have been fired
>team refunded over $1million usd due to a balancer hack BEFORE hitting ATH.
>the statera TOKEN is not an index fund, read the whitepaper.
>ponzi poster is an assblasted teenager that got banned from telegram
>pigerz and pig goy corpses found in local dumpster

>Statera FAQ
stateraproject.medium.com/sta-faqs-cafea2fda645

>Website
stateratoken.com/

>Telegrams
t.me/stateratoken (Official)
t.me/stateraunofficialpricegroup (Price chat)

>Uniswap info
uniswap.info/token/0xa7de087329bfcda5639247f96140f9dabe3deed1

>Trade on Uniswap
app.uniswap.org/#/swap?outputCurrency=0xa7de087329bfcda5639247f96140f9dabe3deed1

>Charts
uniswap.vision/?ticker=UniswapV2:STAUSDC&interval=1D

>whitepaper/pooling tl;dr
i.imgur.com/yARc97c.png

>buying statera
i.imgur.com/mv2PqLm.png

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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.

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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.

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Iron hands will get rewarded.

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OMG BUT PRICE IS DOWN SO U SHOUDNT BUY

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Oooo heckirinos it’s down 92% from all time high. I hope you realize it’s a done coin only making 2,500,000% returns currently!

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happy as larry right now

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