>dashboard before the 28th >huge marketing campaign at the time of dashboard release >secret project is getting statera back to alpha pool status, being able to pool it 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.
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.
that kinda thing is why haircomb should be taken seriously
Jayden Johnson
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.
today I gained back my trust to the project and now think $10+ within the next year is quite possible.
Eli Bailey
increased my STAck to over 400k who else comfy?
Oliver Young
The APY is currently 149% for Delta and 144% for Phoenix. If these numbers are maintained by the time the dashboard is released statera will literally explode.
This is the Zig Forums moonshot. It’s a fucking revolution against the clown world envisioning transferring the power back to the people. It’s a revolution against the kikes. NOTHINGS GONNA STOP US NOW
>It’s a fucking revolution against the clown world envisioning transferring the power back to the people. Beautiful to see a stabro who ACTUALLY knows. This is exactly ultimate goal of statera, but Zig Forums is too stubborn to open their minds and realize it so they fud the dip in price instead, and Megan, and Abu, etc. The poor souls can't see that statera is here to save them, every single user on this board. Even a lot of the current holders don't really understand it. Statera is literally an economic revolution, the whitepaper is a radical manifesto against the banks and centralized finance, which is the reason why the founders are anonymous. It's 100% about the people. I am ready to go zero with my stack just for the sheer audacity of the project alone, though I know that won't happen because of just how good the idea is.
Biz doesn’t deserve to know. Unironically delet this. Shut it down.
Jackson Nelson
I love all my biz bros and want us all to make it together. Even the ones that fud sta. They do it out of ignorance but with time they'll come to realize the truth and statera will still be here ready to take them under her wings.
Matthew Stewart
Fren, that was beautiful. I’m not ashamed to say I cried a little.
You can't go wrong with Statera... Everyone else who genuinely think otherwise is low IQ. WAGMI.
Caleb Hill
The thing is, Statera is so loved. All the other successfully projects on this board like LINK and ETH were always loved, through all hardships. Statera is just loved even more and will succeed.
