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 AUDIT REPORT

19 Jun 2020 1 minute read 3 comments STATERA PROJECT

We are pleased to announce that we have a full Smart Contract Audit Report from Hacken. The Report can be viewed through our Github account linked below. Statera Team would like to take this opportunity to thank our community members for their patien...

STATERA- Start of a new Crypto Era!

9 Aug 2020 4 minute read 14 comments SamBTC

Statera is a very innovative concept and it does take some time to understand it wholly. To appreciate it’s benefits it helps to have some background in blockchain and cryptocurrencies in general and the DeFI (Decentralized Finance) industry. In this...

EPISODE 3: STA and MANA

23 Oct 2020 6 minute read 2 comments SirGerardThe1st

There's nothing to do. It is unbeatable. The teaching of my late Master continues to prove its potency. My last article, which can be read here, written as a short story for kids, brought me 2x new followers and was read by 15x more people than my mo...

Statera Project. Crypto for human beings

4 Aug 2020 12 minute read 37 comments ProngsDark

"That sounds rather familiar...is it... Apple?" No, actually it's Ubuntu Linux which used to be "Linux for human beings" before they tried to cram their solutions down everyone's computers. But, I get it. Big project, big money, big responsibilities...

Statera: The Crypto Index Fund Solution

4 Aug 2020 3 minute read 11 comments Scott Cunningham

I’ve been looking for ETF or index fund stock equivalents in the form of cryptocurrency for quite some time. I thought there were no good solutions until I found Statera. Statera works as an Indexed Deflationary Token (IDT), a store of value, and Pro...

Statera Project AMA: Prize Pool Goes to These Winners (Announcement)

21 Jul 2020 1 minute read 20 comments igort

This is a quick announcement to highlight those who have won awards due to their participation in the Statera Project AMA held last week. It took a bit longer to announce users who have won some awards - but here we are! Thank you all who have partic...

Testifying for Publish0x judges and STATERA... much love for feeding the hand that bites them

21 Sep 2020 4 minute read 15 comments Dave Sawyer

Cryptofans we love you - thanks for setting the groundworks for a better human society in the new millennium. Separate money from state from church! We are here today to testify to the glory of Publish0x contests; so thankful  for tying for first in...

6 DeFi Projects with Interesting (Token) Economics

5 Jun 2020 11 minute read 11 comments D3F1

DeFi (Decentralised Finance) is the hottest thing in crypto right now in 2020 and unlike the ICO bubble that lasted less than a year in 2017, it doesn’t look like the DeFi train is stopping anytime soon. This time it’s for real. (source) The chart a...

Monday news update and Stellar Lumens winner

10 Aug 2020 1 minute read 15 comments PVMihalache

Rise and shine beautiful people! 🌤 ⛱  Its time for a short round of news and updates as knowledge is money!  We are still far from the end of the Covid-19 saga, as today the number of cases reached 20 million. Around the world are currently around 30...

Wonderful Wednesday, winning writing competitions, the World Wide Web and some WINKs!

19 Aug 2020 2 minute read 10 comments PVMihalache

Woke up this morning in a symphony of birds song, but the birds were seagulls and the songs where actually screams. Took my phone, dropped my phone, took my phone from the floor, and checked the 20 emails, some updates and answered back to the Publis...