Statera (STA)

133 Articles 3,331 Followers

 

Statera (consisting of the STA and wSTA tokens) is a smart contract powered Pioneering Indexed Deflationary Ecosystem operating on the Ethereum and Fantom Network, which synergizes with a trustless and community-driven portfolio of class-leading cryptocurrencies.

Every trade for Statera creates arbitrage opportunities, which results in volume rippling across the entire Statera ecosystem, resulting in higher fees paid to liquidity providers. This is called Volume Farming.

  • Deflation. Statera's contract is designed so that for every transaction, 1% of the amount transacted is permanently destroyed, increasing positive price pressure.
  • Arbitrage. The composability of STA and wSTA allow for considerably more arbitrage opportunities, driving volume across the ecosystem.
  • Portfolio. By indexing a significant portion of tokens to a suite of blue chip cryptocurrencies, the market itself can drive price action.

Statera (STA) is the principal digital asset, which forms the cornerstone of our entire ecosystem. Through its deflationary mechanism it increases positive price pressure, and reduces volatility. Every time Statera has an on-chain transaction, 1% of transferred assets are permanently removed from circulation. STA has been natively bridged to the Fantom network, meaning that STA can only be minted when bridged from Ethereum, and continues to deflate with every transaction.

Wrapped Statera (wSTA) can only be minted by wrapping our native Statera token. The conversion process will always generate 99 wSTA from every 100 STA after deflation. wSTA can be safely implemented on third-party protocols (such as Balancer) while still retaining the ecosystem’s deflation through the STA token. Wrapped Statera can also be unminted at any time, returning STA to the holder.

The tokens on both the Fantom and Ethereum Network's can be stored by using Metamask. Here's how to set up Metamask for use on the Fantom Network. Then, use and interact with STA and WSTA tokens from your Metamask by adding them as custom tokens via these contracts:

STA: 0x89D5e71E275B4bE094Df9551627BCF4E3b24cE22

wSTA: 0xCEeBDE49eC95E21F7eE63C5c6f98CaB3519570de

 


Looking for Some Answers!

24 Jul 2022 1 minute read 4 comments Daphodile

Hi there! I recently joined Publish0x and so I'm new to this whole receiving tips for my articles. When I started, I thought there were 3 possible cryptos one could get from tipping which would be ETH, AMPL, & STA. But starting yesterday, my STA earn...

Cryptocurrencies recounts

22 Jul 2022 2 minute read 1 comment The Crazy Dude

Hey, I'm here again! Yes, the crazy dude who writes stuff on the internet! Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars...

Eth makes its triumphant return to Publish0x. Welcome back Eth, we have missed you

10 Jul 2022 2 minute read 6 comments Patch

Unless you have been AFK for some days no you probably have noticed the community update made by Igor that landed a few days ago. I thought we would take a look at one of the news that was in it. The return of Eth as tip. STA disappears and Eth emer...

E&S: STA, A Community-Driven Indexed Deflationary Ecosystem

10 Jul 2022 1 minute read 4 comments MikeZillo

Good afternoon Publish0x community! Welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. In this article we talk about more features of Statera! In the last E&S article I introduced you Statera (STA) and I said...

E&S Token Review: Statera (STA)

3 Jul 2022 2 minute read 1 comment MikeZillo

Hello Publish0x community and welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. With this article we are going to introduce the 41st cryptocurrency of this section with the 88th “E&S” article. Today we will...

Crypto Newbie: Spending All Day to Understand Ecosystem a Little Bit More

2 Jul 2022 1 minute read 1 comment Ali_St

Here we are creating/tipping contents and in return we are getting crypto rewards. In order to withdraw these rewards we have to meet some requierements! But as a total crypto newbie, I really dont know most of the terminology used. Farming, staking,...

Anything is currency, anything is a commodity. Why are we surprised?

2 Jul 2022 2 minute read 1 comment LeftFooted

A little over a month ago, I was able to attend a Web 3.0/crypto conference in Belgrade, Serbia and to cut a very long story very short, on the third and final day of the event, I managed to walk home with a box full of energy drinks as well as cans...

May 2022 #Publish0x Leaderboards Contest Winners: $165 in $STA Rewarded to Top 16 Ambassadors!

22 Jun 2022 1 minute read 3 comments igort

Big THANKS to all of you who participated in the Ambassador's Monthly Leaderboard Completion in May (and at any other time)! Here are the winners for the May 2022 Ambassador's contest! *Note: For the Leaderboards Contest, only users who you refer and...

My thoughts on STA

22 Jun 2022 2 minute read 2 comments cryptosaso

Statera (STA) is a coin that has fascinated me since it made its entry here on Publish0x. This coin can give (us creators) great satisfaction. Also unlike the previous coins supported by the site, it has a peculiar feature for its success that few ot...

off-topic: let's talk about Moscow Mule

19 Jun 2022 1 minute read 3 comments LeftFooted

Somewhere, sometime three years ago I met Faith. Well, her name's not Faith but we'll call her that because her name's Arabic and that's the closest you can get to an English equivalent. Just like everything else this year, things were things were f...