Statera (STA)

114 Articles 3,268 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

 


What is Statera?

16 Feb 2022 4 minute read 159 comments STATERA PROJECT

Statera (comprising the STA & wSTA tokens) is an Indexed Deflationary Ecosystem, powered by a smart contract. Every transaction using STA has a burn effect - 1% of the transaction is burnt, forever. If you send 100 tokens to a friend, they only recei...

March 2022 #Publish0x Leaderboards Contest Winners: $185 in $STA Rewarded to Top 19 Ambassadors!

27 Apr 2022 1 minute read 6 comments igort

Woo hoo... thank you all of our Ambassador's participating in the Monthly Leaderboard Completion in March (and at any other time)! Here are the winners for the March 2022 Ambassador's contest! *Note: For the Leaderboards Contest, only users who you r...

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...

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...

What you might not know about the tip on Publish0x, a feature that even could earn you some money

17 hours ago 5 minute read 14 comments Patch

I will assume that you have been a member here for a bit of time, so you have either tipped for a few days or written a few posts. This is because you then have earned a few tokens.  Getting the tokens You probably know the general gist of how to ea...

BTC, FTM, SOL and STA | Chart Analysis | It hold today but in the next few days.. | 24 APR

24 Apr 2022 1 minute read 0 comments Joao16

Bitcoin Analysis BTC hold but made an inside bar below EMA500 which is still not good and just delayed the fall in my opinion.   Solana Analysis SOL is doing the same but this one could still hold above EMA500.   Fantom Analysis FTM broke EMA500 a...

How to get the most out of Statera and the Fantom blockchain

18 Apr 2022 5 minute read 16 comments TrocProcLock

We all know by now that the new Publish0x tipping token is Statera. What you might not know if what to do with your Statera once you get it in your little wallet. I have spent the better part of the past 2 weeks figure out what to do with my Statera...

Statera - A Concern For Publish0x Publishers & Readers?

18 May 2022 3 minute read 3 comments Sapphire

Opinions Abound People will always be quick to offer their opinion in regards to a particular matter that affects them. Obviously, there were numerous suggestions offered by the Publish0x community when ETH gas fees initially began to surge and conse...

Statera - Abandon Ship?

29 Apr 2022 1 minute read 22 comments Steve Hodl

It has been a month since I last looked at Statera and things seem to be going from worse to worse. In my last report, we had a monthly fall of -38,1% and we were hoping for some sort of recovery. Unfortunately, that hasn't happened and the carnage h...

ETH, BNB, LUNA and STA | Chart Analysis | Sideways Until 2024? |29 APR

29 Apr 2022 1 minute read 1 comment Joao16

Ethereum Analysis ETH is trying to hold above EMA500 while rejecting EMA56 which means from here could break above or below. In these situations TRAPS are very ordinary.   LUNA Analysis Luna is still trying to hold on EMA56 this is the sign of a b...