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

 


The Statera Project .. How do you understand it and make it easy for you ?!

9 Aug 2020 4 minute read 0 comments Ahmed Zaki

Are you stupid ?! Do not be upset .. I am not talking about you, my friend... I am talking about myself !! This is how I blame myself when I find it difficult to understand something .. as if stupidity is related to understanding things .. This is n...

How To Trade Or Buy/Sell Statera (STA) Comfortability

11 Aug 2020 2 minute read 0 comments Curexmy.com

You may be facing issues or find different errors plus volume order matching and moreover high fees charging issues on Decentralized exchanges currently due to the low circulating supply of Statera(STA). Here is the Short straight Forward solution fo...

What is your State(ra) of mind?

5 Aug 2020 5 minute read 4 comments Heruvim78

  Statera is mentioning a 38% annual yield at the low end, with practically unlimited potential to grow even more than that? What do you think when you read something like this? Is all this DEFI market going crazy? Not really, but sometimes is movin...

Does Statera bring anything new to DeFi and should you invest?

8 Aug 2020 8 minute read 4 comments DeFi.

Distributed ledger technology emerged as a solution to rescue us from the jiggery-pokery of centralized entities. They abuse our private information and make money off of it without our consent (remember Facebook?). Even the money we own, we're not...

Statera: Index Investing and Liquidity Pools

8 Aug 2020 4 minute read 1 comment Marcus_

Disclaimer: this post is an entry for the Statera writing contest   Statera So before I give my two cents on Statera and some ideas for a potential route for Statera, I will begin with a short introduction on Statera. As numerous  authors have noted...

When franchises find STATERA

3 Aug 2020 8 minute read 7 comments SirGerardThe1st

Hi! I'm the guy who writes about franchising on Publish0x. A rare bird in this incredible sea of talent. In addition to my activity in the international franchise industry, I am a cryptowarrior since I first came in contact with Bitcoin in 2011, dedi...

Is Statera Project The Next Huge DeFi?

1 Aug 2020 4 minute read 5 comments CuriousCrypto

2020 DeFi TrendAs we all know, 2020 is the year for “DeFi” (Decentralized Finance). As of August 1st, the total market value of DeFi tokens hit a record-high of $7.3 billion. Within just a few months since March, top DeFi tokens have gained multiple...

How To Get Big Profits From Deflation: Statera

5 Aug 2020 3 minute read 2 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Statera tries to simplify the adoption of cryptocurrencies and above all to make investments convenient through a deflation mechanism. In fact it is an IDT (Indexed Deflationary Token). Basically the idea is to burn Statera following each transaction...

STATERA

19 May 2020 4 minute read 10 comments Bakreemah

…a smart contract deflationary token within a portfolio of selective coins/token built on the Ethereum blockchain. INTRODUCTION BLOCKCHAIN TECHNOLOGY IS CHANGING, DEFI IS EVOLVING! Blockchain technology is changing the World forever, over the past de...

Pssst You, yes you over there!Wanna buy some STA Token?-My entry into the STATERA writing contest

9 Aug 2020 3 minute read 11 comments Searching for Truth

What is a STATERA u ask? Its this relatively new Crypto token that is used in Ethereums DeFi (Decentralized Finance) system, wanna buy some? Its already around 10 dollar cents at the moment of writing, it was around 5 cents a week ago. What ya mean w...