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

 


Yield Farming with Statera (STA) earned on Publish0x

19 Feb 2022 4 minute read 5 comments CryptoMasterMiner

I've been into Yield Farming for about ten days now and really enjoy learning about all the different aspects of this complex process.  I can tell that yield farming is something of interest to the readers here as the views on my two articles on the...

April 2022 #Publish0x Leaderboards Contest Winners: $175 in $STA Rewarded to Top 18 Ambassadors!

25 May 2022 1 minute read 9 comments igort

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

Fantom DeFi #2 - Beefy Fresh Statera Duet

9 Mar 2022 2 minute read 19 comments PVMihalache

Over the weekend I staked Wrapped Staters ($wSTA) and Beethoven-X ($BEETS) on FANTOM, as an educational experience for an Publish0x competition. Was one of the lucky users and received $20 worth of wSTA, and made me look for the best staking option....

My First 'Rocky' Statera Experience: So Far So Good

1 Mar 2022 5 minute read 10 comments BitcoinGordon

I write this article as a "Gordon on a journey" piece. This is intermediary, not the conclusion. If comments suggest I'm about to mess up, the story may trend in a new direction- we shall see! Another if: If we were talking about tens, hundreds, thou...

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...

New price update for the tips here on Publish0x

14 Jun 2022 1 minute read 14 comments Patch

If you have been paying attention you probably have noticed that there was an update earlier today. With it came a price updated of the value of your earned tokens. How does it affect you? This new price update has lowered the $ value of both tokens...

Statera yes or no?

30 Apr 2022 1 minute read 3 comments The Crazy Dude

What are you doing with your Statera? I haven't made a decision yet and I'll tell you why. If you don't mind my opinion it's normal, just scroll and don't forget to leave my tip when you leave!   Looking at the price of the last 7 days we get a feeli...

So What is Statera?

17 Feb 2022 2 minute read 8 comments VVoytila

With the inclusion of a new reward coin to publish0x some of you might be wondering what that is and whether it is any good. As someone who has been a holder of Statera for quite some time I would like to share some general news/impressions with you,...

Statera - What next?

26 Mar 2022 2 minute read 13 comments Steve Hodl

We have seen the volatility with Statera in the last weeks, from the huge run-up in February to the pullback we saw in early march where our holdings o Statera just halved in value almost instantly. I really noticed it in my Statera wallet in Publish...

A quick look at Statera, Publish0x's latest tipping token

18 Feb 2022 2 minute read 4 comments simplyrangel

The Publish0x community can now make, receive, and withdraw tips in Statera (STA) on the Fantom Network without Ethereum's insane gas fees — a welcome change!  I had never heard of Statera before Thursday's announcement. Here's my initial research fo...