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

 


Statera - Welcome to the Crypto-Bazaar!

8 Aug 2020 13 minute read 18 comments PVMihalache

What is Statera? Statera (STA) is an Ethereum-powered deflationary token pegged to an index fund, a multiple assets pool. To counter the highly volatile marketplace the index fund has the ability to auto-rebalance to maintain the weight of each asse...

The Whale that Wants you to Win | A Statera Story

7 Aug 2020 9 minute read 26 comments Mynima

Introduction (Preface) Despite, the title and subtitles later this isn't going to be your average bedtime story. After a successful AMA with the Statera team, Publish0x launched us into a writing competition to discuss the Statera project from our ow...

5 Things You Need To Know About Statera Before Investing

6 Aug 2020 4 minute read 2 comments paulOf91

This is my MyStateraProject writing entry. Digging into this project brought some excitement back into my life due to the fact that this project seems to offer something that is slightly different from anything I have seen before.  In MyStateraProjec...

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...

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...

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. 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...

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...

Statera explained: An innovation that will drive mass adoption of crypto.

1 Aug 2020 3 minute read 4 comments MadMaxx

STATERA EXPLAINED: AN INNOVATION THAT WILL DRIVE MASS ADOPTION OF CRYPTO. Crypto has reached a stage where there’s a homogeneity in the type of projects we see. Everything either looks the same, or works the same. In this world of similar looking pro...

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...