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 tips has been adjusted with the recent update here on Publish0x, find out how

4 Jun 2022 2 minute read 0 comments Patch

It has been about a week now since Publish0x adjusted the $ price of STA and AMPL. Something I think most of you were made aware of as you saw your earnings slashed in almost half on the STA front. But you might have missed this part. Price slash Wh...

Are you crying for your losses?

12 May 2022 2 minute read 1 comment The Crazy Dude

Hey, i'm back again, yes the crazy dude writing things on internet! Remember i'm not a financial Advisor and my content can be a shit for you, just scroll down and tip me before leave. Good luck! We knew that the economic news would not be good. Is s...

STA is getting swapped out here on Publish0x

16 Jun 2022 1 minute read 26 comments Patch

Over at Publish0x Igor teased earlier today that STA will get swapped out in a few weeks. STA goes bye-bye Earlier today over at Publish0x telegram, where Igor is holding the fort basically every day. He was being his helpful self. And a user was as...

$708 Profit Arbitrage Trading $WSTA > $STA (Statera) Passively in January

4 Feb 2022 4 minute read 14 comments StaBoi

In January I made $708 profit from passively looking for opportunities to Arb Trade WSTA into STA using Spookyswap. Mostly I would check in my morning and a few times through the day, and take a trade if I could pocket ideally more than 200 STA. I s...

My C.J. ep 28 How to setup Fantom opera and its tokens

4 Mar 2022 2 minute read 16 comments The Lebanese Girl

  Hello publish0x users, As I said in my previous article that I will tell you where to put $STA so let's start! After the introduction of the token $STA in publish0x tipping that replaced the token FARM, and after winning in the twitter competition,...

Statera is an amazing move, but Publish0x should change Ampleforth for Ravencoin.

19 Feb 2022 2 minute read 9 comments Fgeletterd

Hi again and welcome to my blogs. Ampleforth has been around for a while here, and it barely grew. Farm was a disaster as well (sorry Publish0x). And now they are going to tip in Statera which is amazing. Statera works on the Fantom Network, and I ca...

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...

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...

I've just made a dumb mistake

16 Jun 2022 1 minute read 14 comments LeftFooted

I've made around 400 Statera writing on Publish0x so far and I've transferred all of them on my Metamask wallet. So far, so good. Then about an hour ago, I checking my Trust wallet and found Statera - I'd never noticed before - and decided to transf...

Publish0x Token Swap Leads to a New Opportunity! Bye FARM Hello Statera!

16 Feb 2022 2 minute read 11 comments Cje95

As a huge Harvest Finance supporter, I am pretty bummed to see FARM go as a tipping token but when one door closes another opens! I have to say I earned more FARM writing on this platform than I ever imagined possible and have so far rolled all that...