My View on the New Token on Publish0x - STATERA

My View on the New Token on Publish0x - STATERA

By Chris Maillet | Crytpo How to | 17 Feb 2022


Statera is the new Token on Publish0x and the first on the Fantom network. Statera will be replacing FARM which i think is a good decision considering comparing FARM and STATERA.

FARM

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STATERA

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With STATERA comes a new and fresh coin that has a good future and im not saying that farm is too be ignored but i think that STATERA has only just started to explode.

What is Statera?

Statera is a deflationary token which burns 1% of the tx with every transaction/purchase/buy/wrap/send.

Statera's core utility is to fit inside multi asset trading pools and facilitate INCREASED trading - simply because each transaction triggers a burn of STA, which rebalances the pool token amounts, so each individual trade for Statera creates arbitrage opportunities for both bots and humans, which results in trade volume increasing across the whole Statera ecosystem. This in turn results in higher fees paid being paid to liquidity providers.

Now until Sunday, 27 February 6pm UTC you can withdraw your Farm and after that all your leftover farm will be transfered to statera in the corresponding value in statera.

With the value of farm going down it seems reasonable to switch to statera which is continuously going up right now. 

Overall Statera has a good future and i like this change and with this comes a fresh Publish0x.

 

 

                                                                                  

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Chris Maillet
Chris Maillet

i am a student and i love reading and writing articles. I also write articles on SplinterTalk and Hive.


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