Statera (STA)

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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

 


Statera's Twist: Deflation and Balancer Loop

8 Aug 2020 4 minute read 1 comment 0fajarpurnama0

Finance + Deflation As the title states, Statera (STA) is a Token that makes an interesting combination between deflation and decentralized finance (defi). Although deflation is the trend during this COVID-19 pandemic where central banks are inflati...

#MyStateraProject Writing Contest and Giveaway: (a minimum of) $350 in DAI Prize Pool!

25 Jul 2020 5 minute read 67 comments igort

Statera Project just held an AMA on Publish0x, and now we're moving to the next step: a writing contest and a Twitter Giveaway!     STATERA: Innovative, Valuable, and Unique use cases of Deflation and Indexed Digital assets. Date: Submit your entrie...

Statera Project (STA) - Puzzle Pieces to Picture

6 Aug 2020 23 minute read 37 comments Thomas Wolf

Like any aspiring author, I was thrilled to see a new contest for Statera Project, especially after taking #5 in the previous contest for ChangeNOW, which is a DEX I absolutely love and continue to use daily.So I say to Igor: Count me in!I had NO IDE...

Statera Project Review a Crypto Index Fund

9 Aug 2020 1 minute read 3 comments SteveR82

Today I am talking a lot at the Statera Project. I try to break down how it works in a way that anyone can understand. It is a crypto index fund and the Statera coin is a big part of how it works. It is deflationary. Statera burns 1% of any transact...

STA and Statera - Deflation, Deltas & more

21 Dec 2020 2 minute read 0 comments CryptoKraut

New to Publish0x? Register here (affiliate link) and start earning crypto everytime you read or write an article.​ What is StateraStatera (STA) is an Ethereum-powered deflationary token pegged to an index fund. The STA token acts as an asset and als...

Fuck this Shitcoin (and Statism); I'm out!

19 Feb 2022 1 minute read 6 comments Great White Snark

This morning, I received an email informing me that on the 28th of February 2022, Publish0x will officially be dropping support for tipping in shitty ERC20s (Ampleforth and Harvest Finance) in preference for ... yet another shitcoin, called Statera (...

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...

Statera - Welcome to the Crypto-Bazaar!

8 Aug 2020 13 minute read 18 comments PVMihalache

What is Statera? Statera (STA) is an Ethereum-powered deflationary token pegged to an index fund, a multiple assets pool. To counter the highly volatile marketplace the index fund has the ability to auto-rebalance to maintain the weight of each asse...

The Whale that Wants you to Win | A Statera Story

7 Aug 2020 9 minute read 26 comments Mynima

Introduction (Preface) Despite, the title and subtitles later this isn't going to be your average bedtime story. After a successful AMA with the Statera team, Publish0x launched us into a writing competition to discuss the Statera project from our ow...

5 Things You Need To Know About Statera Before Investing

6 Aug 2020 4 minute read 2 comments paulOf91

This is my MyStateraProject writing entry. Digging into this project brought some excitement back into my life due to the fact that this project seems to offer something that is slightly different from anything I have seen before.  In MyStateraProjec...